Nigeria’s Revenue Hits N15.8tn: Economists Cite Reforms
Economists have attributed Nigeria’s strong revenue performance in the first five months of 2026 to the impact of recent tax reforms, improved revenue administration and stronger earnings from the oil sector, following government collections of N15.8tn during the period. According to data from the Nigeria Revenue Service reported by Bloomberg, government revenue rose by 49 […]
FG Seeks Banks’ Support for Revenue Optimisation Platform
The Federal Government has engaged the banking community on the Revenue Optimisation Assurance Platform, a digital revenue collection system aimed at improving revenue generation, blocking leakages and enhancing transparency in public finance management. Speaking at a sensitisation workshop organised by the Office of the Accountant-General of the Federation in Abuja on Friday, the Minister of […]
IMF backs Nigeria’s reform progress, warns poverty, food insecurity may worsen
•Report validates positive impacts of tough choices, says Oyedele The International Monetary Fund (IMF) has, again, endorsed Nigeria’s ongoing economic reforms, citing improvements in macroeconomic stability and growth prospects. But it warned that worsening poverty and food insecurity continue to pose significant social and economic risks. In its 2026 Article IV Consultation report on Nigeria, […]
Shettima says investment, enterprise key to $1tr economy target
Minister of Aviation and Aerospace Development, Mr Festus Keyamo (left); Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele; Deputy Governor of Akwa Ibom State, Dr. Akon Eyakenyi; Governor of Abia State, Dr Alex Otti; Wife of Lagos State Governor, Dr Ibijoke Sanwo-Olu; Governor Babajide Sanwo-Olu; Vice President Kashim Shettima; Governor of […]
Lagos positions as Africa’s investment gateway, targets $300b GDP
Secretary to the Lagos State Government, ‘Bimbola Salu-Hundeyin (right); Member, House of Representatives, Kafilat Ogbara; Commissioner for Innovation, Science and Technology, Tunbosun Alake; Chairman, Commonwealth Enterprise & Investment Council (CWEIC), Lord Jonathan Marland; Vice President Kashim Shettima; Governor of Lagos State, Babajide Sanwo-Olu; his Deputy, Dr. Obafemi Hamzat; Commissioner for Commerce, Cooperatives, Trade & Investment, […]
Sanwo-Olu, Oyedele, others to speak at ‘Invest Lagos Summit’
Lagos State Governor Babajide Sanwo-Olu Governor of Lagos State, Babajide Sanwo-Olu; Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele; Co-Chair, Lagos Finance & Investment Council, Aig- Imoukhuede, and Chief Executive Officer, Moniepoint Group, Tosin Eniolorunda, will headline the third edition of the Invest Lagos Summit as key speakers holding today and tomorrow, […]
Nigeria courts investors at London Stock Exchange
Nigeria has reiterated its commitment to attracting foreign investment and deepening economic ties with global financial institutions as the Federal Government joined other African leaders at the London Stock Exchange on Wednesday to promote stronger Africa-United Kingdom investment relations. The position was contained in a statement issued by the Federal Ministry of Finance through its […]