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What ₦100 Trillion Means: Understanding Nigeria’s Capital Market Breakthrough

Lagos Nigeria’s capital market reached a historic milestone at the close of 2025 as the Nigerian Exchange (NGX) recorded a market capitalization above ₦100 trillion for the first time, underscoring a significant shift in investor sentiment and capital formation within Africa’s largest economy. President Bola Tinubu welcomed the development, describing it as a landmark achievement […]

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Toronto Police Arrest Suspect in December Shooting of 20-Year-Old Shivank Avasthi

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Toronto Police have arrested a suspect in connection with the December 23, 2025, shooting death of 20-year-old Shivank Avasthi. The announcement was made by Detective Sergeant Stacey McCabe of the Homicide and Missing Persons Unit during a media briefing. According to police, officers responded at approximately 3:34 p.m. to reports of an “Unknown Trouble” near

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UN: US Still Bound by Charter Despite Withdrawal Move

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United Nations Secretary-General António Guterres has expressed regret over the Trump administration’s decision to withdraw the United States from several entities linked to the world body, reaffirming that Washington remains bound by its financial obligations under the UN Charter.In a statement issued on Thursday, UN spokesperson Stéphane Dujarric said the Secretary-General was disappointed by the

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RIVERS ASSEMBLY INITIATES FRESH IMPEACHMENT PROCESS AGAINST GOVERNOR FUBARA

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Port Harcourt The Rivers State House of Assembly has commenced a new impeachment process against Governor Siminalayi Fubara and his deputy, Professor Ngozi Odu, marking the third such move since 2023. Lawmakers cite allegations of gross misconduct, a development that has renewed political tension in one of Nigeria’s most economically and politically significant states. The

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Nigeria’s Gas Giant Axxela Passes to BlueCore After Massive Value Creation

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Lagos — Helios Investment Partners and Japanese trading firm Sojitz have completed the sale of their equity stake in Axxela to BlueCore Investment Group, marking the latest chapter in the evolution of one of Nigeria’s most prominent indigenous gas infrastructure companies. This was disclosed by Wale Tinubu, the Group Chief Executive of OANDO The transaction

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AA Rano, Petrosoft Roll Out Nigeria’s First Smart Unmanned Fuel Stations

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Lagos — AA Rano Nigeria, a leading downstream petroleum marketing company, has unveiled what it describes as the country’s first fully automated and unmanned fuel stations, marking a significant step in the digital transformation of Nigeria’s fuel retail sector. The initiative is being implemented through a strategic partnership with Nigerian technology firm Petrosoft Limited, a

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U.S. Seizes Russian-Linked Oil Tanker in North Atlantic Amid Sanctions Enforcement

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WASHINGTON / NORTH ATLANTIC — January 8, 2026 The Marinera, formerly the Bella‑1, was intercepted after weeks of evasion from Venezuelan waters. The operation highlights compliance risks for international shipping, energy trade, and companies handling sanctioned cargo. United States authorities have seized a Russian‑flagged oil tanker with links to Venezuela in the North Atlantic Ocean

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NIGERIA’S 10 MOST CRITICAL COMMODITIES: WHAT BUSINESSES AND POLICYMAKERS NEED TO KNOW IN 2026

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ABUJA, Nigeria — January 8, 2026 Nigeria’s economy relies heavily on a select set of strategic commodities that shape foreign exchange earnings, domestic production, and inflation. From energy resources to key agricultural staples, these commodities influence business planning and government policy. Understanding their trends is essential for investors, companies, and policymakers navigating 2026. Top 10

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NAIRA STRENGTHENS TO ₦1,418/$ — WHAT IT MEANS FOR NIGERIANS AND HOW TO PROTECT YOUR MONEY

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Nigeria’s naira strengthened to ₦1,418.26 per US dollar at the official foreign exchange market on Wednesday, January 7, 2026, reaching its strongest level in over a year under the current system. This development follows a steady climb since the end of 2025, when the naira closed at ₦1,430.84/$ on December 31. Data from the Central

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FIVE FOREST GUARDS KILLED IN ATTACK ON OLD OYO NATIONAL PARK

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OYO STATE, Nigeria — January 6, 2026 Five officers of Nigeria’s National Park Service were killed on Tuesday night when suspected bandits attacked the Old Oyo National Park office in Oloka Village, Oriire Local Government Area of Oyo State, according to state authorities and the police. Security agencies have launched a manhunt as investigations continue.

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