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FEC Endorses New 2026-2028 Fiscal Framework with N34.33 Trillion Revenue Target

NIGERIA, Dec. 4 -- The approval came after Wednesday's meeting chaired by President Bola Tinubu at the State House in Abuja. Speaking after the meeting, the Minister of Budget and Economic Plannin... Read More


CBN's Updated Cash Limits Stir Debate Across Nigeria's Financial Sector

NIGERIA, Dec. 4 -- The revised rules raise weekly withdrawal ceilings to N500,000 for individuals and N5 million for corporate bodies effective January 1, 2026. Daily ATM withdrawals remain capped at ... Read More


Super Eagles Reveal 55-man Provisional Squad as AFCON Preparations Intensify

NIGERIA, Dec. 3 -- Team captain William Troost-Ekong, who recently hinted he may be nearing the end of his international career, is included in the expanded squad. Star forward Victor Osimhen, vice c... Read More


NPFL Matchday: 3SC Face Remo Stars as Rivers United Battle Kano Pillars in Port Harcourt

NIGERIA, Dec. 3 -- Returning to league action against Kano Pillars at the Adokiye Amiesimaka Stadium, Rivers United is still reeling from their near 2-1 loss to RS Berkane in the CAF Champions League ... Read More


CBN Announces New Nationwide Cash Withdrawal Limits From January 2026 Business

NIGERIA, Dec. 3 -- Issued in a circular dated December 2, 2025 and signed by Dr. Rita Sike, Director of the Financial Policy and Regulation Department, the updated directive. The apex bank clarified ... Read More


Nigeria's Business Confidence Rises Strongly as Key Sectors Accelerate Growth in October

NIGERIA, Dec. 3 -- The latest NESG-Stanbic IBTC Business Confidence Monitor shows improving sentiment across the private sector, driven by easing inflation, better foreign exchange stability, and grow... Read More


Nigerian Equities Slip as December Opens with Renewed Sell Pressure

NIGERIA, Dec. 2 -- By the close of trading, the All Share Index had fallen to 143,210.33 points, reflecting a decline of 0.22 percent. The dip also pulled the year's overall return down to 39.14 perce... Read More


Naira Weakens Again in November as FX Volatility Persists Despite CBN Measures

NIGERIA, Dec. 2 -- At the official window, the naira settled at 1,446.9 to the United States dollar on November 28, slightly weaker than the 1,438 recorded at the beginning of the month. It also mark... Read More


NNPC Refineries Deepen Financial Strain as Related Debts Hit N8.5 Trillion

NIGERIA, Dec. 2 -- The figures underline the cost of maintaining facilities that have delivered little or no output for years. The News Chronicle learned that the bulk of the obligations arose from t... Read More


Super Eagles Set for Cairo Trip as AFCON Preparations Intensify

NIGERIA, Dec. 2 -- Scheduled for December 14 at the Cairo International Stadium, the match is meant to be a great test for both sides before the continental competition beginning in Morocco December 2... Read More