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India Implements Four New Labour Codes to Modernize Workforce Regulations
New Delhi – India has announced the implementation of four new labour codes designed to simplify and modernize the country’s decades-old labour laws. The Ministry of Labour and Employment stated that the reforms aim to enhance wages, workplace safety, social security, and employee welfare across all sectors of the workforce. The new regulations mark a…
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Surge in Chinese Crude Imports from Indonesia Signals Rebranded Iranian Oil, Traders Say
Beijing – China’s crude oil imports from Indonesia have surged to unusually high levels in 2025, a trend that traders say masks shipments of sanctioned Iranian crude being trans-shipped in Malaysian waters. This development comes amid increased scrutiny of cargoes originating from Malaysia, a major trans-shipment hub for Iranian oil. According to market participants, some…
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2027: Imo ADC Chairman Holds Crucial Meeting with LG Chairmen, Party Members
The Imo State Chairman of the African Democratic Congress (ADC), James Okoroma, convened a crucial meeting with all 27 LGA Chairmen of the party to consolidate strength and unity ahead of the 2027 general elections. The meeting, held at the party’s office in New Owerri, brought together LGA Chairmen and other stakeholders, who reaffirmed their…
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Police, Military Search Forests for Abducted Niger Catholic School Students
Security agencies, including police tactical units and military personnel, have launched an operation to locate the students abducted from St. Mary’s Secondary School in Papiri, Agwara Local Government Area, Niger State. The abduction occurred in the early hours of Friday, when armed assailants invaded the school and took away an undetermined number of students and…
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Axis Bank to Raise $559 Million Through Private Debt Placement
Bengaluru – India’s Axis Bank has announced plans to raise up to 50 billion rupees ($559 million) via debt securities through a private placement, signaling the bank’s ongoing strategy to strengthen its capital base and fund growth initiatives. The proposed fundraise includes 20 billion rupees through debentures and an additional 30 billion rupees via a…
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Kotak Mahindra Bank Announces 1:5 Share Split to Boost Liquidity
Bengaluru – Indian lender Kotak Mahindra Bank has announced a significant corporate action to enhance stock liquidity and attract retail investors. The bank declared on Friday that it will execute a share split, dividing each existing share into five shares. This move, also known as a stock split, will reduce the face value of individual…
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Defend Yourselves Against Terrorists — David Ibiyeomie Tells Northern Christians
Pastor David Ibiyeomie of the Salvation Ministry has urged Nigerians, particularly northern Christians, to take measures to defend themselves against terrorists. Delivering a sermon in response to recent killings and mass abductions by bandits, including the attack on worshippers in Kwara State, Ibiyeomie cited the biblical example of Jesus’ disciple Peter, who carried a sword…
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Gold Prices Drop 1%, Set for Weekly Loss Amid Strong U.S. Jobs Data and Dim Rate-Cut Prospects
Bengaluru – Gold prices fell more than 1% on Friday, heading for a weekly decline as a stronger-than-expected U.S. jobs report dampened expectations of a Federal Reserve interest rate cut next month. The decline weighed on the non-yielding precious metal, highlighting the impact of macroeconomic indicators on gold’s performance. Spot gold traded at $4,047.14 per…
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How to End Sit-at-Home in South-East — Maxwell Opara
Human rights lawyer Maxwell Opara has suggested a possible solution to ending the persistent sit-at-home orders in Nigeria’s South-East. In an interview on Arise Television on Friday, Opara stated that the practice could be curtailed if the Court of Appeal overturns the Federal High Court ruling that sentenced pro-Biafra leader Nnamdi Kanu to life imprisonment.…
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Australian Regulator Warns of Risks to Retirement Savings from Self-Managed Superannuation Advice
Bengaluru – Australia’s securities watchdog has issued a new warning about the risks posed to retirement savings by poor advice on self-managed superannuation funds (SMSFs). According to the Australian Securities and Investments Commission (ASIC), more than a quarter of the reviewed cases revealed advisers giving recommendations that could seriously jeopardize Australians’ retirement nest eggs. In…
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