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    Equities Market Declines by 0.91%, As Investors Lose N1.47trn

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    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Begins Second Phase of Share Buyback, Eyes 12m Shares

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Cement’s profit jumps 31% to ₦974.8bn as debt is cleared

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    Access Holdings H1 2026 Profit Rises 23.5% to ₦266.7bn

    VFD Group Posts 96% Profit Jump to ₦13 Billion

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    FG Begins ₦50,000 NERSI Cash Relief for Vulnerable Households

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    NJC sacks two heads of court, suspends two judges, sets up panel

    Court Sacks Uzodimma as APC’s Imo West Senate Candidate, Declares Okorocha Primary Winner

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa half-year profit hits $452m on mobile money, data growth

    Seplat Energy Profit Jumps 174% on Higher Oil Prices, Declares 19-Cent Dividend

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    NNPC Records 33% Profit Growth, Raises Dividend 35% to N5.8 Trillion in 2025 FY

    FG Announces 30-Day Discount on Petrol Sold by NNPC

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    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

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    CBN fines nine banks 150 million Naira each for failing to dispense cash

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

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    SEC Nigeria to introduce tax incentive backed National Savings Scheme

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    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

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    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Begins Second Phase of Share Buyback, Eyes 12m Shares

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

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    Access Holdings Plc Releases Unaudited Financial Report for H1 2025

    Access Holdings Posts ₦474.2bn Nine-Month Profit, Lays Out Five-Point Scale-to-Value Plan

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    Equities Market Declines by 0.91%, As Investors Lose N1.47trn

    Equities Market Declines by 0.91%, As Investors Lose N1.47trn

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

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    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

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Bashar Assad location unknown as Damascus falls to opposition forces

Sunday, 8 December 2024, 3:15 pm
in News, World
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Bashar Assad location unknown as Damascus falls to opposition forces
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The whereabouts of Syria’s Bashar Assad is currently unknown as the country’s capital Damascus falls to rebels, signing the end of Assad’s 24-year rule.

Also read; CIG Motors partners with FCMB, offers up to N70m car loan to Nigerians

Gulf Daily News reported that Bashar Al Assad boarded a plane in Damascus with his wife Asma and their two children for an unknow destination early on Sunday, as rebels seized the city and ousted him from power.

A Syrian Air plane took off from Damascus airport around the time the capital was reported to have been taken by rebels, according to data from the Flightradar website. The aircraft initially flew towards Syria’s coastal region, a stronghold of Assad’s Alawite sect, but then made an abrupt U-turn and flew in the opposite direction for a few minutes before disappearing off the map.

The Russian Foreign Ministry has confirmed that Bashar Assad has stepped down as Syrian President and left the country following negotiations with armed opposition groups amid the fall of Damascus to opposition forces.

In a statement issued on Telegram on Sunday afternoon, officials clarified that Moscow was not involved in the talks but acknowledged Assad’s decision to transfer power “peacefully.”

“Russian military bases in Syria are on high alert. At present, there is no serious threat to their security,” the statement read. The Foreign Ministry said Moscow remains in contact with all Syrian opposition factions and is taking measures to ensure the safety of Russian citizens in the region.

”We urge all sides to refrain from violence and resolve issues of political governance through dialogue,” the statement said. It also stressed the need to respect the views of “all ethnic and religious groups within Syrian society.”

The Syrian Army command announced on Sunday that President Bashar Assad’s 24-year rule has come to an end, an  officer in the country’s armed forces has told Reuters.

In response to the political uncertainty, Syria’s Prime Minister Mohammad al-Jalali stated that he is “ready to cooperate with any leadership chosen by the people,” as quoted by Al Jazeera. He added that he remains at home and is inclined to support the continuity of government.

Al Jazeera reported that Syrians poured out into the streets across Syria and around the world, jubilant at the end of Bashar al-Assad’s rule.

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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