Category: #Finance
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KANO GOVT HIRES 120 REVENUE HUNTERS, CLIMBS TO #1 NORTH, #9 NATIONWIDE IN IGR
Gov Abba Yusuf beamed Saturday at Kano Government House during the induction of 120 fresh permanent staff for Kano Internal Revenue Service (KIRS), celebrating the state’s top Northern ranking and 9th national spot in Internally Generated Revenue per National Bureau of Statistics—crediting bold reforms that supercharged collections without corruption shortcuts. KIRS boss Zaid Abubakar hailed…
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TINUBU HAILS INFLATION DROP TO 14.45% AS REFORMS PAY OFF
President Bola Tinubu touted Nigeria’s economic rebound Friday while unveiling the 2026 “Budget of Consolidation, Renewed Resilience and Shared Prosperity” to a joint NASS session spotlighting headline inflation plunge from 24.23% in March to 14.45% in November after eight straight months of easing, fueled by steady food/energy prices and tighter monetary grips. Q3 2025 growth…
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TINUBU GEARS UP FOR N54.46T 2026 BUDGET BASH AT NASS TOMORROW
President Bola Tinubu shot a formal letter Thursday to the House of Reps, snagging the noon slot on Friday Dec 19 for a high-stakes joint National Assembly address to unveil the whopping 2026 Appropriation Bill—packing naira 54.46 trillion in projected spending to supercharge his Renewed Hope agenda amid economic headwinds. Speaker Abbas Tajudeen read the…
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PENCare LIFELINE: FREE HEALTHCARE FOR 30K LOW-INCOME RETIREES FROM MARCH
PenCom boss Omolola Oloworaran dropped game-changing news Thursday at Lagos’ Pension Revolution Summit, unveiling a March 2026 pilot for PenCare blanketing 30,000 strapped CPS retirees nationwide with free, accessible medical care to ditch post-work bill nightmares and honor their service with real dignity. This industry-first, trustee-led push across six geo-zones eases healthcare hell for the…
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PENCOM UNLOCKS N758B PENSION BOND, PENSION ASSETS HIT N27T MILESTONE
PenCom boss Omolola Oloworaran just unveiled a game-changing one-year scorecard at Abuja’s Pension Revolution Summit: the FG’s N758 billion bond—greenlit by President Tinubu in February—is now cashing out over N600 billion to wipe pension arrears, skyrocketing industry assets to N27 trillion via bold Pension Revolution 2.0 reforms that rebuilt trust and coverage. She’s turbocharged the…
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FG UNVEILS N1.23TN BOND PUSH TO WIPE POWER SECTOR DEBTS
Nigeria’s government is pulling out all stops to fix the power crisis, launching a N1.23 trillion bond issuance over the next four months to pay off long-overdue bills to Gencos and gas suppliers—part of President Tinubu’s sweeping debt reduction plan. Special Adviser on Energy Olu Verheijen announced the first-phase bonds at a virtual investor forum…
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NIGERIA STOCK MARKET GOES LIVE WITH T+2 SETTLEMENT CYCLE
Nigeria’s capital market just leveled up, ditching the old T+3 for a snappier T+2 settlement meaning trades now clear in just two business days, slashing risks and boosting efficiency. CSCS Chairman Temi Popoola called it a historic win that deepens liquidity, amps investor trust, and aligns with global standards to chase that $1 trillion economy…
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NIGERIA STOCK MARKET SURGES, INVESTORS TRADE N20 BILLION IN A DAY
On Friday, the Nigerian stock market roared back to life with investors trading a whopping 1.826 billion shares worth N20.03 billion across more than 20,000 deals—way up from Thursday’s 324.6 million shares worth N13.05 billion. This big jump reflects fresh confidence and widespread strength in the market. Access Corporationled the activity, trading over 103 million…
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TINUBU LAUNCHES NATIONAL TAX REVOLUTION COMMITTEE
President Bola Tinubu just green-lit a powerful new task force the National Tax Policy Implementation Committee (NTPIC) to drive Nigeria’s fresh wave of tax reforms. This isn’t just about rules; it’s about building a fair, transparent, and tech-savvy tax system that sparks economic growth and protects both citizens and businesses. Chaired by tax guru Joseph…
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NIGERIA STOCK MARKET BOUNCES BACK AFTER SIX-DAY SLUMP WITH N94 BILLION GAINS
The Nigerian stock market showed signs of recovery on Tuesday, climbing by 0.10% and adding N94 billion to investors’ wealth after six consecutive bearish sessions. Driven by renewed interest in stocks including NCR Nigeria , Ikeja Hotel, Prestige Assurance, and Eunisell Interlinked, the market’s capitalization rose from N91.346 trillion to N91.440 trillion. The All-Share Index…
