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Nigeria’s Oil Exploration Slumps by 14% Despite FG Efforts
In today’s Nigerian newspapers review on Today in the News, Vanguard reports that Nigeria’s oil and gas exploration activity has fallen by 14%, defying the Federal Government’s attempts to revive the sector. Vanguard also highlights eastern Sokoto residents, particularly in Tidibale, Isa Local Government Area, fleeing after fresh threats from bandit leader Bello Turji. The
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Obi Urges Edo Government to Target Bandits, Not Students
Former Anambra State Governor Peter Obi has criticized the arrest and detention of 52 students in Ekpoma, Edo State, calling it a dangerous approach that punishes citizens rather than addressing insecurity. Obi described the students’ protest against kidnappings and banditry as a legitimate civic action and condemned the authorities for treating them as criminals. In
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Bauchi Traders Devastated as Katagum Council Demolishes Shops for Alleged Gas Station Project
Tension erupted in Azare, the headquarters of Katagum Local Government Area in Bauchi State, on Tuesday after dozens of shops at the Old Trailer Park along Maiduguri Road were demolished, leaving small business owners with significant losses. Traders accused Katagum LG Chairman Yusuf Babayo Zaki of ordering the demolition, alleging that the operation was carried
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Nigeria and UAE Sign Major Trade Deal Removing Tariffs on Thousands of Products
Nigeria and the United Arab Emirates (UAE) have officially signed a Comprehensive Economic Partnership Agreement (CEPA), eliminating tariffs on thousands of products to expand trade, boost non-oil exports, and attract investments between the two nations. The agreement, signed on January 13, 2026, was led by Nigeria’s Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole,
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Carter Efe’s Baby Mama Shares Encouragement From Odumodublvck Amid Custody Dispute
Nigerian content creator Carter Efe and his baby mama, Emmanuella, continue to be embroiled in a public custody dispute over their daughter. In the latest development, Emmanuella shared a supportive private message from rapper Odumodublvck on her Instagram story. In the message, Odumodublvck acknowledged the tension between the couple, reassured her that she wasn’t alone,
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“One Night That Ruined Everything” – Lady Recounts How One Visit Led to Prison
A Nigerian woman, identified on TikTok as @Awele, has shared a harrowing experience in which a short visit to her cousin’s home turned into nearly a year of detention. According to her account, she had planned to stay only three days, but her cousin convinced her to remain for one extra night—a decision that dramatically
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UK Homebuilder Vistry Falls Short on Profit Amid Market Uncertainty and Soft Home Sales
British homebuilder Vistry Group (VTYV.L) reported on Wednesday that its 2025 profit forecast fell below market expectations, driven by declining home sales and ongoing market uncertainties affecting private buyers and social housing contracts. The announcement sent Vistry shares down over 8% in early trade, leading losses on the FTSE Midcap index and adding pressure to
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Gold and Silver Soar to Historic Highs Amid Geopolitical Tensions and Fed Uncertainty
Gold and silver surged to historic highs on Wednesday as geopolitical tensions in Iran, combined with uncertainty over U.S. Federal Reserve policy, drove investors toward traditional safe-haven assets. The price of spot gold reached a record $4,639.48 per ounce, while silver crossed the $90 mark for the first time, hitting $91.53 per ounce earlier in
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Inflation Pressures May Keep Fed on Hold Until After Powell’s Term Ends in May
Inflation may not fall quickly enough for Federal Reserve Chair Jerome Powell to implement another interest-rate cut before his term concludes in May 2026, according to economists and market analysts. The latest consumer price index (CPI) data from the Bureau of Labor Statistics shows that consumer prices increased 2.7% in December year-on-year, in line with
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JPMorgan Warns Trump’s Proposed 10% Credit Card Rate Cap Could Harm Consumers and the U.S. Economy
Top executives at JPMorgan Chase (JPM.N), including CEO Jamie Dimon and CFO Jeremy Barnum, have strongly criticized President Donald Trump’s surprise proposal to cap credit card interest rates at 10% for one year, warning that it could adversely affect consumers, limit access to credit, and disrupt the broader U.S. economy. The announcement, made on Trump’s
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