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Oil Pumping Resumes in Tunisian Sahara Oil Fields after Four Months Shutdown

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Oil pumping has resumed from various oil fields of Tunisian Sahara, in the southern region of Tataouine, after an interruption of more than four months due to a blockade by young people in the area demanding the implementation of an agreement they signed with the government on the creation of jobs for the jobless in the region.

The youth had blocked oil production sites in the region since July 17 to also demand the creation of development projects in the region where more than 30% of young people are unemployed, the highest unemployment rate in the country.

Tunisian Prime Minister Hichem Mechichi indicated on October 18 that the blockade of oil production in the region had led to losses for the State estimated at 800 million Tunisian dinars.

Several foreign oil companies are operating in the Tunisian Sahara where the Nouara field is in operation and should help to reduce the country’s energy deficit by 20%.

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NC Village Square | The Rising Insecurity in Nigeria

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Nigeria is in a security crisis and too many of these incidents have gone unchecked. Boko Haram and ISWAP terrorists are killing with reckless abandon, and the Nigerian people want an end to the bloodshed.

Watch Sulaiman Aledeh as he discusses the rising insecurity in Nigeria with a Security expert from Abuja, Kabir Adamu and a preventive terrorism expert from the UK, Temitope Olodo.

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NC Village Square | What Attributed To The Resurgence Of Terrorism In Nigeria?

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Boko Haram has risen and returned with damning destruction. Nigeria’s President, Muhammadu Buhari has been asked to sack the nation’s Service Chiefs now, before the nation is plunged into a state it may never recover from. The coming days will tell how serious the Nigerian government is about its own people, their stability and security.

Watch Village Square Africa with Sulaiman Aledeh as he asks a retired commodore, Abimbola Ayuba and African affairs analyst, Lanre Suraj what attributed to the resurgence of terrorism in Nigeria.

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Business Edge | CBN Directs Banks to Close International Monetary Transfer Operators’ Proceeds

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Today on Business Edge, Tolulope Adeleru-Balogun and Tunji Andrews, Financial Analyst and Co-founder Awabah talked about the following and how it affects you and I: 1. Nigeria’s CBN Directs Banks to Close International Monetary Transfer Operators’ (IMTOs) Proceeds 2. Forex Liquidity and the Risks to Nigerian Banks’ Ratings according to Fitch

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