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Tinubu Names Taiwo Oyedele Minister of State for Finance

President Bola Ahmed Tinubu has appointed Taiwo Oyedele as the Minister of State for Finance, replacing Dr Doris Uzoka-Anite.  

Banks Extend N36.4trn Credit to Trade Sector in 2025 – CBN

Nigerian deposit money banks disbursed N36.39 trillion in credit to the Trade and General Commerce sector in the first nine months of 2025, according to Central Bank of Nigeria data.

Nigeria’s VAT Revenue Increases to N2.28trn in Q3 2025

Nigeria’s VAT Revenue Increases to N2.28trn in Q3 2025 Nigeria’s Value Added Tax (VAT) revenue rose to N2.28 trillion in the third quarter of 2025, marking a 10.66% increase from N2.06 trillion in the previous quarter, according to the National Bureau of Statistics (NBS). The figure...

Tinubu Orders Private Funding for Gas Command Centre

President Bola Tinubu has directed that the proposed National Gas Infrastructure Command Centre (NGCC) be financed entirely through private investment under a Public-Private Partnership (PPP) framework.

AfDB Approves €6.5m for Tech Start-Ups

The African Development Bank (AfDB) has approved a €6.5 million investment in the Saviu II fund to support technology start-ups in Francophone West and Central Africa.

Brent Crude Hits $82 as Middle East Tensions Disrupt Oil Supply

Global oil prices spiked yesterday as Brent crude hit $82 per barrel and WTI sold at $70.91, following attacks on ships near the Strait of Hormuz. Analysts warned that if tensions persist, prices could soar above $100.