Welcome to NowNowNaija! Nigeria’s financial sector is seeing a steady rise in women’s leadership. Here’s how targeted programs are fueling this change and what it means for the economy.

TOP STORY

Women in Nigeria’s financial scene are shifting from being included to leading key banks and enterprises. While challenges remain, initiatives like FSDH Merchant Bank’s Women in Business Initiative (WIBI) are providing over $3.9 million in funding and training to help women-led businesses grow.

This means you may soon see more women-owned businesses gaining access to crucial financing and skills development, which can create new job opportunities and help diversify our economy. Access to flexible loans and training programs can support women entrepreneurs facing credit hurdles, benefiting communities and boosting economic growth. As more financial institutions adopt these models, the business landscape in Nigeria could become more inclusive and resilient.

Source: The Guardian
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Nigeria and the U.S. collaborated on a targeted airstrike using 16 GPS-guided munitions against ISIS militants assembling in Sokoto’s Bauni forest. The operation, authorized by President Tinubu, involved drones launched from the Gulf of Guinea and aimed to dismantle terror networks without harming civilians or residential areas.

This joint military action signals a more coordinated approach to security challenges in Nigeria's northwest, offering hope for reduced terrorist threats in your community. The government assures control over national security while working with trusted allies to protect lives and property. For you, this means increased safety and a potential decline in militant violence, but vigilance remains key as operations continue to stabilize the region and restore peace.

Source: This Day Live
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What else is happening:

Olufemi Ariyo, an IT expert, recommends using integrated, data-driven technology to address Nigeria’s security challenges. He highlights AI-powered apps and real-time analytics to predict and prevent crime more effectively. Ariyo also stresses the need for secure, coordinated communication among security agencies and robust cybersecurity to protect citizens’ data.

This approach means you could see faster, smarter responses to security threats where you live, with law enforcement using real-time data and AI to stop incidents before they happen. It also promises better protection of your personal information through strong cybersecurity. For businesses, especially fintech, this blend of innovation and regulation ensures safer digital services that build trust without slowing progress.

Source: The Guardian
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The federal government has confirmed that the new tax laws will begin on January 1, 2026, despite recent concerns over their legislative process and transparency. The National Assembly has responded by re-gazetting the related Tax Acts to clarify any discrepancies. Officials stress that extensive preparation, capacity building, and system upgrades have been underway since the bills were passed, aiming to improve tax fairness and economic growth.

This means most Nigerians will soon see significant tax reliefs, as 98% of workers are expected to pay lower or no PAYE taxes, and 97% of small businesses will be exempt from major taxes like Corporate Income Tax and VAT. The reforms aim to widen the tax base while promoting fairness, but concerns remain about transparency and legal clarity, which could affect public trust and compliance. Staying informed on these changes will help you understand how your taxes and business obligations may shift starting next year.

Source: This Day Live
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What else is happening:

2025 was a landmark year for Nigerian entertainment, marked by viral Nollywood hits, award-winning films, and major celebrity events. From Omoni Oboli’s YouTube success and Funke Akindele’s record-breaking box office runs to international festival recognition and headline-making weddings, the scene was vibrant and eventful.

These stories show how Nigerian culture continues to gain global respect and shape local conversations. You’ve seen how Nollywood films can capture millions online, spotlighting homegrown talent like Uzor Arukwe and Bamike “Bambam.” The year’s celebrity controversies and high-profile weddings also influenced public discourse on relationships and fame. With new platforms like EbonyLife On Plus launching, your access to fresh content and lifestyle experiences is expanding, promising more entertainment diversity ahead.

Source: This Day Live
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The Social Feed:

Super Eagles coach Eric Chelle is planning possible changes to Nigeria’s starting lineup ahead of the key AFCON match against Tunisia. He may switch from a possession-focused style to a more direct attacking approach at the Fez Stadium. Nigeria aims to secure the top spot in Group C after a strong start to the tournament.

This tactical shift could redefine how the Super Eagles play and may boost your excitement and hopes for the match. A win against Tunisia would improve Nigeria’s chances of advancing smoothly through the tournament stages, bringing pride to fans nationwide. The changes also highlight the coach’s flexibility and focus on adapting to strong opponents like Tunisia, meaning you can expect a dynamic game with high stakes for national pride and football legacy.

Source: The Nation Newspaper
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Quote of the Day

“No nation can rise above the strength of the women who build its economy and the integrity of the institutions that protect its people.”

— Ngozi Okonjo-Iweala