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Banks, Insurance Sector Contribution to Economy Drops 15% in Q3’25
The contribution of banks, insurance, and other financial institutions to Nigeria’s economy fell by 15% in the third quarter of 2025 (Q3’25), dropping to ₦1.512 trillion from ₦1.778 trillion in the first quarter (Q1’25). This marked the second consecutive quarterly decline in the sector’s share of GDP. Quarterly Breakdown Year-on-Year Growth Despite the quarterly declines,
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Tanko Yakasai Marks 100th Birthday, Prays for Peace in Nigeria
Elder statesman Alhaji Tanko Yakasai celebrated his 100th birthday on Friday with a special prayer session at his residence in Kano, expressing gratitude to Allah, his family, and the people of Kano. Key Highlights Yakasai remains a prominent figure in Nigerian politics, celebrated for his contributions to national development, public discourse, and democratic governance.
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Ogun Governor Urges Monarchs to Contribute to National Matters
Governor Dapo Abiodun of Ogun State has called on traditional rulers to actively lend their voices on national issues, governance, and the welfare of the people. Key Points Council of Obas’ Response The meeting reinforced the pivotal role of traditional rulers in governance, social cohesion, and cultural preservation.
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Winners Emerge in 2025 Yinka Bolarinwa Memorial Public Speaking Contest
The Leo Club public speaking contest, organized by the Lions Club of Akowonjo, District 404B3, celebrated leadership and its role in non-profit service organizations. The event honored the late Past District Governor Yinka Bolarinwa, who passed away 12 years ago. Results Event Highlights The contest underscored the importance of leadership in empowering young people within
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Naira Ends Week Weaker, Loses N2.60 Against Dollar
The Naira closed at N1,450.42 per US dollar on Friday, marking a N2.60 loss for the week at the official foreign exchange market. Analysts note that modest daily fluctuations have become a common feature of the Nigerian foreign exchange market in recent months.
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Buratai Denies Terrorism Financing Allegations, Labels Claim Fabricated
Lt.-General Tukur Buratai (rtd), former Chief of Army Staff and current Ambassador to Benin Republic, has denied allegations linking him to terrorism financing, describing them as false, unfounded, and malicious. The former army chief insists the allegations are a smear campaign aimed at tarnishing his reputation.
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Wizkid’s Son, Champz, Becomes Youngest Nigerian Artist to Hit 1 Million Spotify Listeners
Boluwatife Balogun (Champz), 14-year-old son of Nigerian music superstar Wizkid, has made history as the youngest Nigerian artist to surpass 1 million monthly Spotify listeners. This achievement cements Champz’s position as a rising star in the Nigerian and global music scene.
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Canada Removes Syria From Terrorism-Supporting States List Amid Shift in Syrian Leadership
Canada Officially Delists Syria as a State Sponsor of Terrorism Canada has officially removed Syria from its list of countries designated as state sponsors of terrorism, citing efforts by the Syrian transitional government to stabilize the nation as well as a similar move by the United States. This announcement, made on December 6, 2025, marks
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Palestinian Groups Raise Grave Concerns Over Marwan Barghouti’s Safety in Israeli Prison
Alarm Over Marwan Barghouti’s Safety in Israeli Custody Palestinian groups have voiced serious concerns over the well-being of Marwan Barghouti, a prominent Palestinian political leader, following reports from his family suggesting he may be subjected to mistreatment in an Israeli prison. The alarm escalated after Barghouti’s son, Qassam Barghouti, publicly shared on social media that
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Arab and Muslim Nations Reject Israel’s One-Way Plan for Gaza’s Rafah Crossing
Foreign ministers from Egypt, Indonesia, Jordan, Pakistan, Qatar, Saudi Arabia, Turkiye, and the United Arab Emirates have strongly condemned Israel’s proposed one-way opening of the Rafah border crossing between Egypt and the Gaza Strip. The plan, which would allow Palestinians to leave Gaza but block their return, has been criticized as a potential tool for
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