FIRE RAVAGES ANAMBRA TIMBER MARKET. (PHOTO).

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 Fire Ravages Anambra Timber Market A fire that broke out late Wednesday night at the Ogbosisi Timber Market in Onitsha, Anambra State, has caused extensive damage to several goods. An X user named Omaletocracy shared footage of the fire, showing traders desperately attempting to salvage their items as the flames spread. The video was captioned: “Head bridge mkt Onitsha is on fire 18/12/2024.” In a statement issued on Thursday morning, Anambra State Police spokesperson Tochukwu Ikenga confirmed that no lives were lost in the blaze. Ikenga further revealed that the area had been cordoned off to prevent looting by criminals. He added, “The quick response of the Police and Fire Service personnel to the fire outbreak at Ogbosisi on 18/12/2024 at 8:45 pm helped to bring the situation under control.” The spokesperson emphasized that an investigation had begun to determine the cause of the fire, although the value of the destroyed goods has not yet been determined.
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OIL PRICES SURGE AMID CHINA STIMULUS AND SYRIA TENSIONS. (PHOTO).

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 Oil Prices Surge Amid China Stimulus and Syria Tensions


Oil prices rose on Monday due to China's plans for economic stimulus and growing tensions in Syria. China's announcement of further stimulus efforts boosted investor confidence, leading to gains in commodities like copper and zinc. 


Meanwhile, escalating concerns over Syria, with President Bashar al-Assad fleeing as rebels advanced, contributed to market volatility. As a result, Brent crude climbed 1.1% to $71.90 per barrel, while West Texas Intermediate rose 1.3% to $68.04 per barrel. The increase in oil prices came alongside positive movement in other markets and gold, which saw a nearly 1% gain.

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