The Economic and Financial Crimes Commission (EFCC) has detained Umar Isa, a former Chief Financial Officer of the Nigerian National Petroleum Company (NNPC) Limited, in connection with an alleged $7.2 billion fraud related to the rehabilitation of the Kaduna, Warri, and Port Harcourt refineries.

The Senate Committee on Customs has directed the Nigeria Customs Service (NCS) to raise its 2025 revenue projection from ₦6.584 trillion to ₦10 trillion.

The Nigerian Ports Authority (NPA) has earmarked a revenue generation target of N1.28tn in 2025. This is up from the N894.86bn it realised in 2024.

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the reforms introduced by the Bola Tinubu administration have effectively dismantled the dollar black market and boosted the Federal Government’s revenue to N6.9tn between January and April 2025.

A Nigerian layer and journalist, Barrister Fatima Zarah Imam, has been officially inaugurated as a Girls and Women Speak Ambassador.

President Bola Tinubu has reaffirmed his administration’s commitment to transforming Nigeria into a global agricultural force through increased mechanisation and youth engagement in farming.