Dr Olumide Olusanya, the Chief Executive Officer of Gloopro, says Nigeria risks falling behind globally if businesses fail to embrace digital procurement transformation and structured supply chain systems.

The Lagos State Government says its 2026 N4.444 trillion “Budget of Shared Prosperity” is designed to deepen infrastructure development, economic diversification, housing delivery and inclusive social growth across the state.

Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, said that the ongoing tax reforms were designed to build a global, competitive, equitable and fiscally sustainable economy.

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Egypt Prime Minister Mostafa Madbouly on Tuesday instructed officials to begin preparations for introducing electric vehicles into the government fleet as the country is stepping up its transition to sustainable transport.

Experts from the West African Tax Administration Forum (WATAF) and the Tax Justice Network Africa (TJNA) say African countries lose about $ 89 billion annually to illicit financial flows (IFF).

Oil prices increased on Tuesday, with Brent topping $105 per barrel as the market reacted to a cease-fire on life support from the United States President, Donald Trump.

Dangote Cement Plc and Tier-1 banks led gains in the Nigerian Exchange (NGX) as market capitalisation topped N160 trillion, its all-time high.

Deposit money banks (DMBs) placement at the Central Bank of Nigeria (CBN) Standing Deposit Facility (SDF) window dropped by 14% after open market operations.