News as it breaks
In a bold move to shore up national finances and improve fiscal transparency, the Federal Government has inaugurated a comprehensive revenue recovery initiative aimed at identifying and reclaiming unremitted revenuesacross key sectors of the Nigerian economy. The exercise, which officially kicked off on Monday in Abuja, is being jointly…
In a major fiscal breakthrough, Nigeria’s monthly revenue collection has surged by over 411%, rising from N711 billion in May 2023 to N3.64 trillion as of August 2025, according to the Chairman of the newly renamed Nigerian Revenue Service (NRS), Zacch Adedeji. The sharp rise reflects the impact of comprehensive…
Some of the franchised assets include the establishment of a Planetarium and Museum at the National Space Research and Development Agency, expected to generate N30bn for the Federal Government and the private sector investors.
According to research firm Pathmatics, in January fourteen of the top 30 advertisers on Twitter stopped advertising on the platform since Musk took charge on October 27.
the MoU between the Nigerian and UK revenue authorities would see the two countries collaborating on Capacity Building
Since its creation in 1947, the FIRS had never crossed the six-trillion mark till Muhammad Nami took over the reins of the Service.
the performance update report, FIRS appreciated President Muhammadu Buhari for his support, as well as the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, the Minister of State, Mr Clem Agba, and the National Assembly.
