The International Olympic Committee announced on Wednesday that it will provide a $10,000 grant to every athlete participating in the Olympics. This decision comes amid increasing pressure to introduce prize money for competitors in the Games.

The Nigeria Professional Football League (NPFL) champions for the 2026/2027 season will be awarded a minimum prize money of ₦1 billion, marking it as the highest financial reward in Nigerian domestic football, according to Vanguard Sports.

The International Olympic Committee (IOC) has announced a new grant program called the Fit for the Future Olympian Grant, which will provide every Olympic athlete with USD 10,000 (Sh1.29 million), starting with the Milano Cortina 2026 Games. This initiative aims to support all athletes, irrespective of their medal achievements.

Parallex Bank has awarded ₦1 million each to 10 exceptional athletes from Lagos State who participated in the 2025 National Youth Games held in Asaba, totaling ₦10 million in rewards. This initiative aims to recognize and support the achievements of young athletes in the region.

The International Olympic Committee (IOC) has established a new $100 million fund that will provide cash grants to Olympic athletes. Olympians from both summer and winter games will be eligible to apply for grants of $10,000 following their participation in competitions.

The South African Revenue Service (SARS) announced that it paid out R6 billion in refunds on the first day of the 2026 tax filing season, marking a successful start to the period. This information was reported by SABC Business.