The Presidency has welcomed the latest revenue figures for January–August 2025, showing that Nigeria is achieving unprecedented growth in non-oil collections.
President Bola Ahmed Tinubu said on Tuesday in Abuja that the revenue target for 2025 was achieved in August, following economic reforms focused on stimulating the non-oil sector.
Foreign exchange dealers have revealed that some Chinese traders operating in Nigeria are increasingly accepting naira for transactions instead of demanding US dollars, a development they say is helping to ease pressure on the local currency.
The Nigeria Customs Service (NCS), Apapa Area Command, said it collected N215bn as revenue in the month of August using the Unified Customs Management System, also known as B’Odogwu, despite the reported network glitches.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on Monday, signed a production sharing contract (PSC) with TotalEnergies and South Atlantic Petroleum (Sapetro) for petroleum prospecting licences (PPL) 2000 and 2001.
The Debt Management Office (DMO) has launched the September 2025 Federal Government of Nigeria (FGN) savings bonds, offering investors attractive interest rates of up to 16.541% per annum.
