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Oil Market Edges Up as U.S. Tanker Seizure Near Venezuela Sparks Supply Fears

Nigeria, Dec. 11 -- Oil prices closed higher on Wednesday following confirmation that the United States seized an oil tanker near Venezuela, a development that immediately stirred concerns about short... Read More


CAC Introduces Stricter Requirements for Updating Business Names Online

Nigeria, Dec. 11 -- The Corporate Affairs Commission has tightened the rules for updating business names on its online portal, announcing that proprietors must now provide additional personal and cont... Read More


Market Value Falls as 23 Stocks Close Lower on the NGX

Nigeria, Dec. 11 -- The Nigerian stock market slipped further on Wednesday as renewed sell pressure dragged market capitalisation down by N34 billion. The all-share index fell by 78.28 points to clos... Read More


CBN Launches Revamped Agric Credit Framework, Reconstitutes ACGSF Board to Boost Sector Growth

NIGERIA, Dec. 10 -- The Central Bank of Nigeria has introduced a renewed agricultural financing framework aimed at closing long-standing credit gaps in the sector and positioning agriculture as a key ... Read More


Naira Faces Sustained Holiday-Driven Pressure as FX Inflows Hit New Lows

NIGERIA, Dec. 10 -- The naira has continued to experience downward pressure for seven straight trading days, with currency dealers attributing the trend to increased festive-season import demand. Mar... Read More


Nigeria's High Corporate Tax Rate Puts Fresh Pressure on Foreign Investment Prospects

NIGERIA, Dec. 10 -- Nigeria's company income tax stands at 30 percent, a rate that continues to spark concern among investors and policy watchers. This figure is significantly higher than the global ... Read More


Nwabali Faces Late Fitness Battle as Chelle Prepares Final AFCON Squad Submission

NIGERIA, Dec. 10 -- Super Eagles Head Coach Eric Chelle is preparing to submit Nigeria's final squad for the 2025 Africa Cup of Nations, but uncertainty surrounds first-choice goalkeeper Stanley Nwaba... Read More


FIFA Confirms Mandatory Hydration Breaks for All Matches at 2026 World Cup

NIGERIA, Dec. 9 -- FIFA has approved a new match protocol for the 2026 World Cup that will introduce two compulsory three-minute hydration breaks in every game. The global football body confirmed the... Read More


FG Sets New Rules for 2026 Budget as MDAs Roll Over Most 2025 Capital Funds

NIGERIA, Dec. 9 -- The Federal Government has introduced a new spending framework that requires ministries, departments and agencies to transfer 70 percent of their 2025 capital budget into the 2026 f... Read More


FG Sets Unified Direction for Capital Gains Tax Rollout After Market Consultations

NIGERIA, Dec. 9 -- The Federal Government has inaugurated the National Tax Policy Implementation Committee to oversee the rollout of the newly introduced capital gains tax provisions, signalling a coo... Read More