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JUST IN: Nigeria’s revenue jumped 411% in one year

The Nigeria Revenue Service has declared that federation revenues have risen more than fourfold in just over a year, driven mainly by non-oil collections. Figures released by the Revenue Service chairman, Zach Adedeji, show receipts surged to ₦3.64 trillion in September 2025, compared to ₦711 billion in May 2023, a 411 percent increase. Non-oil revenue

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Ekiti tops fiscal transparency ranking for second quarter

Ekiti State has once again emerged as Nigeria’s most fiscally transparent state, clinching top spot with a perfect 100% score in the States Fiscal Transparency League (SFTL) Q2 2025 report released by BudgIT. According to the report, Ekiti scored maximum points across all fiscal transparency benchmarks, including budget approval, quarterly Budget Implementation Reports, 2023 audited

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