Daily Record

SEC sets January 2026 deadline for operators’ registration renewal

The Securities and Exchange Commission (SEC) has directed capital market operators to renew their registrations between January 1 and January 31, 2026. Emomotimi Agama, SEC director-general, disclosed this during a weekend interview in Abuja. The commission said the renewal window forms part of broader efforts to strengthen regulatory compliance across …

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NBA, Atiku demand new tax law suspension

The Nigerian Bar Association and former Vice President Atiku Abubakar, on Tuesday, have raised serious concerns over alleged post-legislative alterations to the recently enacted Tax Reform Acts, calling for the immediate suspension of their implementation. In a statement on Tuesday, NBA President, Mazi Afam Osigwe (SAN), said the controversies surrounding …

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Two die, 19 injured in Kogi road crash

Two persons have been confirmed dead, while 19 others sustained injuries in a road accident along the Lokoja–Okene highway on Tuesday. The Sector Commander of the Kogi State Command of the Federal Road Safety Corps (FRSC), Tenimu Etuku, confirmed the incident in a statement issued in Lokoja. Etuku said that …

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Budget crisis: NASS extends 2025 fiscal year to March

In a major fiscal reset aimed at addressing revenue shortfalls, weak capital execution and overlapping budget cycles, the National Assembly on Tuesday approved a revised N43.5tn 2024 Appropriation Act and a reworked N48.3tn 2025 budget framework, with the 2025 fiscal year extended to March 31, 2026. The approval followed marathon …

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Reps approve revised N43.56tn 2024, N48.31tn 2025 budget

The house of representatives has approved the revised N43.56tn 2024 budget after adopting the report of the house committee on appropriations. The approval followed the conclusion of clause-by-clause consideration by the committee of supply and the passage of the budget for third reading at plenary on Tuesday. Tajudeen Abbas, speaker …

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FG files money laundering charge against ex-AGF Malami, son

The federal government has filed money laundering and illegal funds concealment charges against a former attorney-general of the federation and minister of justice, Abubakar Malami and his son, Abubakar Abdulaziz Malami, before the Federal High Court in Abuja. The charges arise from allegations of money laundering involving funds of unlawful …

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Naira Appreciates Market-Wide as CBN Funds FX Payments

The Nigerian naira experienced a market-wide rally on Tuesday as foreign transactions and import payments eased. The Central Bank of Nigeria (CBN) has been funding rising demand for US dollars amidst a sustained decline in FX inflows. FX data published today showed that the naira strengthened by 0.45% to ₦1,449.99/$ …

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