Nigeria’s maritime sector recorded a 24.8% surge in cargo throughput in 2025, rising from 103.6 million metric tonnes in 2024 to 129.3 million metric tonnes, according to the Nigerian Ports Authority’s (NPA) latest operational report.
International airlines flying between Nigeria and the Middle East have lost more than ₦7.5bn in revenue after escalating conflict involving the US, Israel, and Iran.
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 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...
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.