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Why Ex-Bayelsa Governor Sylva is Facing Political Prosecution – APC Chieftain Birakumo
An All Progressives Congress (APC) chieftain and activist in Bayelsa State, John Ayebabomote Birakumo, has defended former Bayelsa Governor and ex-minister, Timiprye Sylva, saying he is currently facing political prosecution. Birakumo made the statement on Monday, lending his support to Sylva, who was recently declared wanted by the Economic and Financial Crimes Commission (EFCC) over…
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U.S. Retail Investors Show Waning Conviction in Buying Market Dips
New York, November 17, 2025 – Retail investors in the U.S. stock market are exhibiting signs of reduced confidence in the market’s ability to rebound, according to recent data and analyst observations. This shift suggests that the individual investor-driven momentum behind recent rallies may be weakening. Individual investors have played a significant role in fueling…
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2027: ADC, NCP Form Alliance, Vow to End APC’s Rule
The National Conscience Party (NCP) and the African Democratic Congress (ADC) have announced an electoral alliance aimed at challenging President Bola Tinubu’s administration. At a press briefing on Monday, NCP Lagos State Chairman Chief Fatai Ibu-Owo and ADC National Secretary and former Interior Minister Rauf Aregbesola, alongside other party officials, warned that Nigeria is increasingly…
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Fidelity Sues Broadcom Over Software Access, Citing Risk of Massive Outages
Boston, November 17, 2025 – A subsidiary of Fidelity Investments has filed a lawsuit against Broadcom Inc. (AVGO.O), claiming that the technology company threatened to cut off access to critical software that underpins Fidelity’s financial systems. Fidelity warned that the termination could cause massive outages and trading disruptions unless a court intervenes. Fidelity Technology Group,…
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SEC Approves Dimensional Fund Advisors to Launch ETF Share Classes for 13 Mutual Funds
Washington, November 18, 2025 – The U.S. Securities and Exchange Commission (SEC) has approved Dimensional Fund Advisors (DFA) to launch an exchange-traded fund (ETF) share class for 13 of its existing mutual funds, according to a notice posted on the SEC’s website late Monday. This approval removes the final regulatory hurdle for DFA, making it…
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2026 WCQ Playoff: ‘Some of Us Won’t Be Around in 2030’ – Frank Onyeka
Super Eagles midfielder Frank Onyeka has expressed the heartbreak felt by the team following Nigeria’s defeat to DR Congo in the 2026 FIFA World Cup playoff final. Speaking to British-Nigerian journalist Osasu Obayiuwana at Casablanca Airport, Onyeka admitted that the players share the fans’ disappointment. “We, the players, are hurting, just as much as Nigerians…
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New World Development to Cut $1.3 Billion of Debt Following Early Bond Swap
Hong Kong, November 18, 2025 – New World Development (0017.HK), one of Hong Kong’s largest and most indebted property developers, announced on Tuesday that it expects to reduce $1.3 billion of its debt following the early deadline for its U.S. dollar bond exchange offer. The majority of the debt reduction comes from perpetual bonds. The…
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Why Cost of Living Remains Tough on Nigerians Despite Drop in Inflation – CPPE
The Centre for the Promotion of Private Enterprise (CPPE) has warned that despite Nigeria’s inflation dropping to 16.05 percent in October, many households are still struggling with the high cost of living. CPPE’s Chief Executive Officer, Yusuf, noted that while the latest data signals improving macroeconomic stability—supported by a calmer exchange rate, better policy coordination,…
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Japan Ruling-Party Panel Proposes $161 Billion Supplementary Budget to Fund Stimulus
Tokyo, November 18, 2025 – A ruling-party panel of lawmakers close to Japanese Prime Minister Sanae Takaichi proposed a supplementary budget exceeding 25 trillion yen ($161 billion) on Tuesday to fund the premier’s planned economic stimulus package. This proposal is nearly double last year’s extra budget of 13.9 trillion yen, reflecting growing political pressure to…
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Why Nigeria Remains Africa’s Greatest Investment Frontier – Peter Obi
Former presidential candidate Peter Obi has described Nigeria as Africa’s leading investment destination, highlighting its youthful population and vast economic potential. Obi spoke at the 4th Africa Day event organised by the Club des Entrepreneurs Monégasques en Afrique (CEMA) in Monaco on November 17, stressing that Africa remains the “continent of tomorrow” due to its…
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