FX Reserves Set to Hit $45bn with Eurobond Boost – Report   Nigeria’s foreign exchange reserves are projected to rise to $45bn by the end of 2025, driven by strong investor confidence following the country’s successful $2.3bn Eurobond issuance, according to investment house CardinalStone. In its Macroeconomic...

FG Launches N200m Grant Scheme for Women Engineers The Federal Government has disbursed a total of N200m in grants to 14 outstanding women engineers to scale up innovations addressing Nigeria’s most pressing development challenges. The initiative, spearheaded by the Presidential Implementation Committee on Technology Transfer and...

Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, has unveiled 50 tax exemptions and reliefs designed to ease the financial burden on low-income earners, average taxpayers, and small businesses under Nigeria’s new tax reform laws, which will take effect from January 1, 2026.

The Federal Government has launched the Tax Reform Challenge targeted at Nigerian students.

Ponzi Schemes Cost Nigerians N316bn - SEC   The Securities and Exchange Commission (SEC) has said Nigerians have lost about N316bn to Ponzi schemes and illegal fund managers over the years, warning that greed and ignorance are sustaining the menace. The Head of FinTech and Innovation Department...

Report Reveals Over 30 States Dependent on Federal Allocation   The 10th edition of the BudgIT State of States Report has revealed that over 30 states in Nigeria rely on Federal Account Allocation Committee allocations for their revenue, leading to fiscal pressures. The report, titled ‘A Decade...