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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


Former England International Held at Stansted for Alleged Attempted Rape

NIGERIA, Dec. 2 -- As he passed through passport control before boarding a planned flight, Border Force officers halted the player, whose identification is shielded under UK legislation. Police sourc... Read More


Corporate Tax Revenue Surges as Nigeria Records Stronger Q2 Collections

NIGERIA, Nov. 28 -- The National Bureau of Statistics confirmed the new figures in its latest sectoral performance report, which shows a 40 percent rise compared to the N1.98 trillion generated in the... Read More


Nigeria's PMI Strengthens to 56.4 as Economy Records a Full Year of Growth

NIGERIA, Nov. 28 -- The latest reading signals sustained improvement in business conditions and marks the twelfth consecutive month in which the index has remained above the growth threshold. The new... Read More


Premier League Midfield Power Rankings: Rice, Caicedo Lead New Top 10 List

NIGERIA, Nov. 28 -- Chelsea and Arsenal's evolving rivalry has shifted attention to the heart of the pitch, inspiring a new ranking of the league's most influential central midfielders based on form, ... Read More