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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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U.S. Rewrites Multilateral Engagement as Trump Exits 66 Global Groups

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Washington, D.C. — President Donald Trump on Tuesday announced that the United States will withdraw from 66 international organizations, describing them as ineffective, wasteful, or misaligned with U.S. national interests. The administration said a broader review of U.S. participation in additional international bodies is still underway.According to a statement from the White House, the withdrawals

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Samsung Unveils Galaxy Z Trifold, a Three-Fold Smartphone, at CES 2026

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Las Vegas, NV — Samsung is pushing the boundaries of smartphone design with its new Galaxy Z Trifold, revealed Sunday at the CES tech conference in Las Vegas. The device folds in two places—almost like a brochure—allowing an iPad-sized screen to fit into a pocket. The Trifold follows Samsung’s strategy of experimenting with foldable displays,

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U.S. Population Growth Set to Slow, Potential Decline by Mid-Century, CBO Reports

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The United States is on track for a sustained slowdown in population growth, with projections indicating that the nation’s population could begin to shrink after 2056, according to a new report by the Congressional Budget Office (CBO). The analysis cites declining birth rates, an aging population, and moderating immigration as key factors behind the projected

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Markets Mixed as Geopolitics, Policy Signals, and AI Optimism Pull in Opposite Directions

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Global equity markets traded unevenly on Wednesday as investors balanced rising geopolitical tensions and policy uncertainty against sustained enthusiasm for artificial intelligence and select corporate developments. In the United States, stock indexes diverged. The Dow Jones Industrial Average edged lower after opening the year with a three-day winning streak, reflecting cautious sentiment around policy risks

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