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The development triggered a fresh surge in crude prices, with Brent crude futures jumping $3.62, or 3.46 per cent, to $108.23 per barrel as of 2214 GMT, while US West Texas Intermediate (WTI) futures rose $3.15, or 3.15 per cent, to $103.20 per barrel.

Last week was a reminder that financial markets rarely move because of one story.

Diplomacy appears to be failing in resolving the impasse between Nigeria and South Africa following unrelenting xenophobic attacks on Nigerians and some other Africans.

Finance experts contend that the real value of the revenue has diminished because of the prevailing exchange rate, which makes logistics and operational costs very prohibitive.

President Bola Tinubu’s bid for a second term is heading into the 2027 presidential election under the weight of four issues that the opposition is increasingly seeking to turn into a referendum on his administration.

Market capitalisation stood at N158.33 trillion at the end of July before rising to a record N160.42 trillion on August 10. The market subsequently came under sustained selling pressure, with the All-Share Index (ASI) recording 10 consecutive losing sessions.

Former Vice President Yemi Osinbajo’s revelation that his wife took ill after eating fresh oranges that a laboratory test confirmed were not fit for consumption has further raised concerns about the source, handling, packaging and distribution of the produce that end up on the dining tables of millions of Nigerians.

The Independent National Electoral Commission (INEC), on Saturday, released the final list of presidential candidates and their running mates for the January 16, 2027 general elections, formally clearing 18 political parties to participate in the presidential race.

A family source told THEWILL on Saturday, September 12, 2026, that the 90-year-old elder statesman passed away in the Federal Capital Territory, providing further details on the circumstances surrounding his death, which was earlier confirmed by the family.

Family sources disclosed his death on Saturday, although details surrounding his death were not immediately available as of the time of filing this report.