The Federal Government earned about N21.22tn as revenue from the activities of five revenue-generating agencies in the first six months of 2025.

The Economic and Financial Crimes Commission (EFCC) has recovered more than N5 billion and $10 million from contractors and government officials implicated in fraudulent activities linked to the turnaround maintenance of Nigeria’s refineries in Port Harcourt, Kaduna, and Warri.

‎The Federal Account Allocation Committee (FAAC) disbursed over ₦6 trillion to Nigeria’s 36 states and 774 local governments between January and June 2025, according to newly released figures. The allocations reflect significant regional disparities, with oil-producing South-South states and Lagos topping the charts.

FG Clears N2trn Contractor Debt, Plans 2025 Capital Budget   The Federal Government has cleared over N2tn in outstanding capital budget obligations from the 2024 fiscal year, with a pledge to prioritise the timely release of 2025 capital funds. The Minister of Finance and Coordinating Minister of...

Strike Looms as Labour, PenCom Disagree Over Pension Funds   The Nigeria Labour Congress (NLC) has threatened a nationwide strike if the Federal Government fails to return what it claims to be billions of naira taken from workers’ insurance contributions. It also demanded that the government...

The World Bank says it has approved $300 million to fund a new project aimed at improving access to services and economic opportunities for internally displaced persons (IDPs) and their host communities in northern Nigeria.