Category: #Finance
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NGX CHAIRMAN KW AIRANGA URGES CBN/SEC POLICY SYNC FOR 2026 CAPITAL MARKET BOOM!
Nigerian Exchange Group Chairman Dr. Umaru Kwairanga hit regulators Monday with a 2026 blueprint: CBN, SEC, policymakers – harmonize tax, FX, cross-border rules to kill uncertainty, spike investor confidence, and draw sustained foreign cash into Naija’s markets! Kwairanga pushed clarity on capital gains tax, clearing/settlement speed, disclosures – plus derivatives, ETFs, securitized products for risk…
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KANO ASSEMBLY PASSES N1.477T 2026 BUDGET – 68% CAPITAL PUSH, HONORS FALLEN LAWMAKERS!
Kano State House of Assembly greenlit Gov. Abba Kabir Yusuf’s N1.477 trillion 2026 Appropriation Bill Monday under Speaker Alhaji Jibril Falgore – a whopping N934.6B (68%) for capital projects like infra/development (highest ratio in years) vs N433.4B (32%) recurrent, post-Nov. 19 presentation and plenary debates. Next up: Bill heads to Gov. Yusuf for assent per…
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ONDO GOV AIYEDATIWA SIGNS N524.4B ‘ECONOMIC CONSOLIDATION’ BUDGET FOR 2026!
Gov. Lucky Aiyedatiwa inked Ondo’s massive N524.4 billion 2026 budget into law Monday in Akure – tagged “Budget of Economic Consolidation” with N303.57B (58%) for capital projects like roads/power/water to ignite growth, plus N220.8B (42%) recurrent – proving his infra-first vibe amid Naija’s economic squeeze. Aiyedatiwa called it a “strategic blueprint for self-reliance and prosperity,”…
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NATIONAL ASSEMBLY ORDERS RE-GAZETTING OF KEY TAX ACTS TO FIX PUBLISHED DISCREPANCIES
Nigeria’s National Assembly just hit reset on four major tax laws Friday – directing re-gazetting and certified true copies for the Nigeria Tax Act 2025, Nigeria Tax Administration Act 2025, Joint Revenue Board (Establishment) Act 2025, and Nigeria Revenue Service (Establishment) Act 2025 – after public buzz flagged mismatches between passed bills, presidential assent versions,…
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OSUN ASSEMBLY OKS MASSIVE N723BN BUDGET FOR 2026 – INFRA BOOM AHEAD
Osun State just leveled up! The State Assembly greenlit a whopping N723 billion budget for 2026 on Wednesday, pumping 55% (N388bn) into capital projects like roads, schools, and health while N317bn covers recurrent costs – personnel (N135bn) and overheads (N182bn). Speaker Adewale Egbedun announced clean copies heading straight to Governor Ademola Adeleke for his signature,…
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REPS LAUNCH URGENT PROBE INTO TAX REFORM GAZETTE SCANDAL – PROMISE SWIFT FIX
Nigeria’s lawmakers aren’t messing around! The House of Representatives Ad hoc Committee on alleged discrepancies in the Tax Reform Acts just vowed a lightning-fast, no-stone-unturned investigation after spotting fishy differences between what the National Assembly passed and the official gazetted versions – a potential bombshell that could shake public trust in the entire lawmaking process.…
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FG & WORLD BANK LAUNCH $500M HOPE-GOV TO SUPERCHARGE EDUCATION & HEALTH
Struggling schools and clinics getting a massive cash injection? Federal Government teams up with World Bank on the $500m Human Capital Opportunities for Prosperity and Equity–Governance (HOPE-GOV) Programme—rolling out now to fix Nigeria’s education and primary healthcare gaps! National Coordinator Dr. Assad Hassan briefed Permanent Secretary Dr. Deborah Odoh Tuesday in Abuja: $480m rewards states…
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INVESTORS RAKE IN N578BN AS SANTA CLAUS RALLY ROCKS NGX
Jingle all the way to the bank! Nigerian stocks exploded Tuesday with a festive N578 billion gain, the 9th straight bullish day—fueled by the global Santa Claus rally lighting up the Nigerian Exchange (NGX). Market cap surged 0.59% from N97.193trn to N97.771trn, All-Share Index leaped 895 points to 153,354.14, boosting YTD returns to a stellar…
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PENCOP DG URGES CSOs TO LEAD PENSION AWARENESS CHARGE
Imagine retiring with real dignity, not scrambling for scraps—PenCom’s boss just called on Civil Society Organisations (CSOs) to make that vision real for every Nigerian, from market traders to gig hustlers! At the 2025 PenCom CSO conference in Abuja today, Director-General Ms. Omolola Oloworaran (via her rep, Mr. Usman Musa) hailed CSOs as community trust-builders…
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IMO GOV UZODIMMA DROPS N1.43TRN ‘ECONOMIC BREAKTHROUGH’ BUDGET BOMBSHELL
Imo State Gov Hope Uzodimma unleashed a monster N1.43 trillion 2026 Appropriation Bill Monday to the House of Assembly—a whopping 78% surge from 2025’s N807bn—stacking 83.4% capital firepower (over N1trn) on power revolutions, world-class infra and job-sparking projects to ditch generator hell, while N238.5bn recurrent locks in salaries, overheads and subventions amid fatter federal cash…
