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When Chile Tried Football Penalties From Longer Distances
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When Chile Tried Football Penalties From Longer Distances

Agency Report

In 1990, Chile experimented with a peculiar twist on football: the so‑called “penal largo” or long penalty. Now, you can start your online betting in Uganda with 1xBet on various occurrences in football too. The idea was to make certain fouls farther from goal more punishable…

Rivers Community Discovers Unexploded Ordnance While Digging Grave
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Rivers Community Discovers Unexploded Ordnance While Digging Grave

Anayo Onukwugha

The people of Oromeruzimagu community in Port Harcourt City local government area of Rivers State have discovered an unexploded ordnance while digging a grave for the burial of one of their deceased kinsmen in a compound. It was gathered that the villagers evacuated the item…

New Tax Regime: Multinationals, Local Firms Get 5% Annual Tax Credit
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New Tax Regime: Multinationals, Local Firms Get 5% Annual Tax Credit

Kingsley Okoh

The new tax regime, expected to come into force on 1 January 2026, will give multinationals and local companies a five‑per‑cent annual tax credit, the chairman of the Presidential Fiscal Policy and Tax Reform Committee, Taiwo Oyedele, has said. The policy includes a…

Regulator Says Band A Customers Must Get 20-Hour Power Supply Daily
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Regulator Says Band A Customers Must Get 20-Hour Power Supply Daily

Nse Anthony - Uko

The Nigerian Electricity Regulatory Commission (NERC) has reiterated its commitment to ensuring Band A customers receive a minimum of 20 hours of electricity supply daily, with automatic compensation triggered if distribution companies fail to meet this standard. This…

Stock Market Opens Week On High Note, Gains N611bn
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Stock Market Opens Week On High Note, Gains N611bn

Olushola Bello

The Nigerian stock market yesterday opened the week on a positive trajectory, extending its bullish momentum as renewed investor interest spurred gains across major sectors. The All Share Index (ASI) gained by 963.17 points, representing a growth of 0.65 per cent to close at…

Manufacturers’ Export Group Re-elects Erewa-Meggison As Chairperson
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Manufacturers’ Export Group Re-elects Erewa-Meggison As Chairperson

Kingsley Okoh

The Manufacturers Association of Nigeria Export Group (MANEG) has pledged to intensify advocacy to enhance the administration of the Export Expansion Grant in the country. The chairperson of MANEG, Odiri Erewa-Meggison, said this would help ensure fairness, transparency, and…

Revenue Allocation, Collection Agencies Launch Recovery Initiative
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Revenue Allocation, Collection Agencies Launch Recovery Initiative

Mark Itsibor

Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) and the Federal Inland Revenue Service (FIRS) have jointly launched a nationwide revenue recovery initiative aimed at strengthening Nigeria’s fiscal governance, enhancing transparency, and ensuring that all…

Federal Govt Urged To Harness Gas Flaring For Economic Growth
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Federal Govt Urged To Harness Gas Flaring For Economic Growth

Jerry Emmanson

Energy and environment experts have called on the federal government to intensify efforts to convert gas flaring into economic value. They describe the practice as a major waste of national resources and a setback to environmental and industrial development. For more than…

SMEs, Entrepreneurs Jostle For N5m Afri Invoice Rewards Initiative
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SMEs, Entrepreneurs Jostle For N5m Afri Invoice Rewards Initiative

OLAMIDE OJUOKAIYE

Small and Medium Enterprises(SMEs) and entrepreneurs are jostling for the N5 million Afri Invoice reward initiative, which is designed to reward loyal users and attract new customers to Nigeria’s digital business ecosystem. Afri Invoice, which is the country’s pioneering…