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Thursday, 15 January 2026

City Business News

Nigeria Business News

Jan
2026 14 IGP, SEC DG Reaffirm Commitment To Inter-Agency Collaboration

Jan
2026 14 NCAA Reaffirms Zero-Compromise Stance On Aviation Safety

Jan
2026 14 Edo Extends Enforcement Deadline For Commercial Vehicle Colour Coding

Jan
2026 14 Navy Seeks Deeper Hydrography Collaboration with NIMASA

Jan
2026 14 Range Rover Unveils Hand-Crafted Mirror-Finish

Aviation

NCAA Reaffirms Zero-Compromise Stance On Aviation Safety

Auto

Range Rover Unveils Hand-Crafted Mirror-Finish

Metro

Edo Extends Enforcement Deadline For Commercial Vehicle Colour Coding

Sports

Osimhen Leads Nigeria Past Algeria Into AFCON 2025 Semi-Finals

IGP, SEC DG Reaffirm Commitment To Inter-Agency Collaboration

The Inspector-General of Police (IGP), Kayode Egbetokun, on Wednesday received the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, and...

NCAA Reaffirms Zero-Compromise Stance On Aviation Safety

The Director-General of Civil Aviation (DGCA), Capt. Chris Najomo, has reaffirmed the full commitment of the Nigeria Civil Aviation Authority (NCAA) to upholding...

Edo Extends Enforcement Deadline For Commercial Vehicle Colour...

The Edo State Government, through the Ministry of Transportation, has announced an extension of the enforcement deadline for the commercial vehicle colour coding...

January 14, 2026 No Responses

IGP, SEC DG Reaffirm Commitment To Inter-Agency Collaboration

The Inspector-General of Police (IGP), Kayode Egbetokun, on Wednesday received the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, and members of his management team on a courtesy v...

January 14, 2026 No Responses

NCAA Reaffirms Zero-Compromise Stance On Aviation Safety

The Director-General of Civil Aviation (DGCA), Capt. Chris Najomo, has reaffirmed the full commitment of the Nigeria Civil Aviation Authority (NCAA) to upholding the highest standards of safety across all aspects of civi...

January 14, 2026 No Responses

Edo Extends Enforcement Deadline For Commercial Vehicle Colour Coding

The Edo State Government, through the Ministry of Transportation, has announced an extension of the enforcement deadline for the commercial vehicle colour coding scheme following concerns raised by a group of commercial ...

January 13, 2026 No Responses

Nigeria, UAE To Co-Host Investopia, Tinubu Signs Trade Deal

President Bola Tinubu has announced that Nigeria will co-host the global investment platform, Investopia, with the United Arab Emirates (UAE) in Lagos this February, in a major move to attract international investors and...

January 13, 2026 No Responses

Delta, BoI Sign N1b MSME Revolving Fund MoU

The Delta State Government, on Tuesday, signed a Memorandum of Understanding (MoU) with the Bank of Industry (BoI) for the management of a ₦1 billion revolving fund established to provide affordable loans to Micro, Sma...

January 14, 2026 No Responses

IGP, SEC DG Reaffirm Commitment To Inter-Agency Collaboration

January 13, 2026 No Responses

EFCC Hands Over Recovered N802.4m To First Bank

The Benin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Monday, January 12, 2026 handed over the sum of N802,420,000( Eight Hundred and Two Million, Four Hundred and Twenty Thousand Naira on...

January 13, 2026 No Responses

United Capital Boosts Infrastructure Fund With Four Senior Professionals

United Capital Plc has appointed four seasoned infrastructure investment professionals as independent members of the Investment Committee of the United Capital Infrastructure Fund (UCIF), in a move aimed at repositioning...

January 9, 2026 No Responses

Nigerian Stock Market Sustains Growth With N138b Gain

The stock market on Thursday sustained its upward trend, with market capitalisation rising by N138 billion, or 0.13 per cent, to close at N102.822 trillion.The benchmark opened trading at N102.684 trillion, reflecting co...

January 8, 2026 No Responses

Tinubu Applauds NGX N100trillion Milestone

President Bola Tinubu has praised corporate Nigeria, citizens, and other stakeholders in the Nigerian capital market for surpassing the N100 trillion milestone on the Nigerian Exchange (NGX).President Tinubu described th...

January 14, 2026 No Responses

Navy Seeks Deeper Hydrography Collaboration with NIMASA

The Nigerian Navy has called for strengthened collaboration with the Nigerian Maritime Administration and Safety Agency (NIMASA) in the area of hydrography to sustain and further enhance safety of navigation in Nigerian ...

January 13, 2026 No Responses

Shippers’ Council Orders Suspension Of Port Charges Review

The Nigerian Shippers’ Council (NSC) has directed all shipping companies, shipping agents and terminal operators in Nigerian ports to immediately suspend and refrain from implementing any review or upward adjustment of...

January 12, 2026 No Responses

Oyetola Renews Call For Ban On Wooden Boats

The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola has renewed his call on state governments across the federation to urgently ban the use of wooden boats for commercial water transportation and instead inve...

January 7, 2026 No Responses

Apapa Customs Records ₦2.93tr Revenue In 2025

By ebosele@hotmail.com For the year 2025, the Nigeria Customs Service (NCS), Apapa Area Port Command, generated a total revenue of ₦2.930trillion, representing an increase of ₦573,295,266,571.10 over the ₦2,357,213...

January 7, 2026 No Responses

Seme Customs Command Attains ₦15.5b In 2025

By ebosele@hotmail.com The Nigeria Customs Service (NCS), Seme Area Command, has recorded unprecedented revenue milestones in 2025, achieving its highest monthly and annual collections since the Command’s inception.In ...

January 14, 2026 No Responses

Range Rover Unveils Hand-Crafted Mirror-Finish

Range Rover has introduced mirror-finish, a new hand-crafted paint process that delivers a flawlessly smooth, glass-like surface with exceptional depth and brilliance, setting a new benchmark in personalised luxury vehic...

January 12, 2026 No Responses

Lagos Reduces Cost Of Replacing Faded Number Plates To ₦20,000

The Lagos State Government has approved a temporary reduction in the cost of replacing faded and damaged vehicle number plates from ₦30,000 to ₦20,000, as part of a three-month amnesty and rebate window running from ...

January 12, 2026 No Responses

Nigeria Drives Digital Reform In Vehicle Import Clearance

By Moses Eboseleebosele@hotmail.com For decades, clearing imported vehicles in Nigeria followed a familiar — and notoriously winding — path: towering stacks of paperwork, long queues at port terminals, frantic phone ...

January 10, 2026 No Responses

Toyota Nigeria, Coscharis Motors, Weststar Shine At Auto Awards

Major automotive brands reinforced their leadership positions in Nigeria’s fast-evolving auto market as Toyota Nigeria, Coscharis Motors and Weststar Associates emerged among the biggest winners at the 18th Nigeria Aut...

January 10, 2026 No Responses

NAJA Names Osanipin, Ajayi 2025 Auto Personalities

The Nigeria Auto Journalists’ Association (NAJA) has conferred its prestigious Auto Personality of the Year awards on two outstanding figures from the public and private sectors.The recognition took place at the 18th N...

January 13, 2026 No Responses

NUPRC, NRS Strengthen Collaboration To Boost Revenue

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigeria Revenue Service (NRS) have agreed to deepen collaboration aimed at enhancing revenue collection for the Federation.The decision was reached on...

January 10, 2026 No Responses

TotalEnergies, Eni, QatarEnergy Seal Exploration Deal

TotalEnergies, in partnership with Eni and QatarEnergy, has signed an agreement with the Lebanese government to commence exploration activities in offshore Block 8.Under the initial work programme, the consortium will un...

January 6, 2026 No Responses

Photo News

NUPRC Commission Chief Executive, Mrs Oritsemeyiwa Eyesan (left) during a visit to the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri.

January 5, 2026 No Responses

Dangote Refinery Debunks Shutdown Claims

By ebosele@hotmail.com Dangote Petroleum Refinery has dismissed reports suggesting it is shutting down for maintenance, describing the claims as false, misleading, and deliberately aimed at creating panic in the downstre...

January 5, 2026 No Responses

Tinubu Appoints Board Members For NMDPRA, NUPRC

President Bola Ahmed Tinubu has written two letters to the Senate, seeking confirmation of 21 nominees for the boards of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upst...

January 12, 2026 No Responses

Edo Politics: The Tribal Smear Of Okpebholo And His Government...

It’s rare to see Nigerian politicians implementing their Manifestos – if they ever unveiled any before they’re elected – or promises made to the electorate during campaigns. Once sworn into office, they o...

January 6, 2026 No Responses

Photo News

NUPRC Commission Chief Executive, Mrs Oritsemeyiwa Eyesan (left) during a visit to the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri.

December 15, 2025 No Responses

Photo News

R–L: Moses Ebosele, Publisher, City Business News; Julie Chi-Nwaoha, Founder/Publisher, ONTHEHIGHWAYAfrica and Convener of the Event; Federal Road Safety Corps (FRSC) Zonal Commanding Officer, RS2HQ Lagos, Assistant Co...

December 12, 2025 No Responses

Photo News

R–L: Moses Ebosele, Publisher, City BusinessNews; the Federal Road Safety Corps (FRSC) Zonal Commanding Officer, RS2HQ Lagos, Assistant Corps Marshal (ACM), Ann O. Oladayo, represented by Deputy Corps Commander (DCC), ...

December 4, 2025 No Responses

Photo News

The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, on Wednesday received the President-General, Maritime Workers Union of Nigeria (MWUN), Comrade Francis Bunu, at the NPA Headquarters, Marina,L...

IGP, SEC DG Reaffirm Commitment To Inter-Agency Collaboration

The Inspector-General of Police (IGP), Kayode Egbetokun, on Wednesday received the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, and...

Navy Seeks Deeper Hydrography Collaboration with NIMASA

The Nigerian Navy has called for strengthened collaboration with the Nigerian Maritime Administration and Safety Agency (NIMASA) in the area of hydrography to...

Lagos Security Trust Fund Donates Vehicle To FRSC

The Lagos State Government, through the Lagos State Security Trust Fund (LSSTF), has reaffirmed its commitment to road safety and emergency response with...

December 7, 2025 No Responses

Uba Sani Visits China To Finalise $200m Kaduna Poultry Project

By ebosele@hotmail.com. — Kaduna State Governor, Senator Uba Sani, has arrived in Beijing, China, to advance final negotiations on a $200 million poultry project expected to be sited in Kaduna State.The p...

December 5, 2025 No Responses

Okomu Oil Extends Christmas Supplies To Special Needs School, IDP...

As Christmas approaches and families prepare for the festivities, the Okomu Oil Palm Company Plc has continued its tradition of goodwill by donating food items and clothing worth millions of naira to the Roselu...

December 1, 2025 No Responses

Edo Assures Presco Of Adequate Protection, Welcomes $100m FDI

By ebosele@hotmail.com Edo State Governor, Senator Monday Okpebholo, has reaffirmed the State Government’s unwavering support for Presco Plc, describing Edo as a preferred destination for agricultural investm...

January 7, 2026 No Responses

UN Seeks Stronger Protection Of Civilians, Schools In Nigeria

The United Nations Resident and Humanitarian Coordinator in Nigeria, Mohamed Malick Fall, has called for stronger protection of civilians, civilian spaces, and schools following a spate of violent attacks in Ni...

January 6, 2026 No Responses

Tinubu Appoints Odusote As DG, Nigerian Law School

President Bola Ahmed Tinubu has approved the appointment of Dr Olugbemisola Titilayo Odusote as the new Director-General of the Nigerian Law School.The appointment, which takes effect from January 10, 2026, is ...

December 13, 2025 No Responses

Health Sector Reforms Encourage Medical Industrialisation, Says Minister

The deliberate efforts of President Bola Ahmed Tinubu are gradually addressing brain drain and stimulating the growth of medical industrialization in Nigeria, the Minister of Information and National Orientatio...