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Wednesday, 8 April 2026

City Business News

Nigeria Business News

Apr
2026 08 Delta Seeks Strategic Partnerships To Achieve Stable Power Supply

Apr
2026 08 Pipeline Security Boosts Nigeria’s Oil Output to 1.71mbpd, Says NNPCL

Apr
2026 08 NASS Petroleum Committees Affirm Confidence In Tantita, Others

Apr
2026 08 LAMATA Hosts NULGE, Seeks Stronger Collaboration On Transport Regulation

Apr
2026 08 MAPALUM Grieves As Ex-President Oladipo Passes On

Aviation

Ethiopian Airlines, Asky Partner On New West Africa Aircraft Maintenance Hub

Auto

Carloha Nigeria Deepens Aftersales Capacity With Chery Training Programme

Metro

MAPALUM Grieves As Ex-President Oladipo Passes On

Sports

NADDC Advocates Investment In Motorsport

Delta Seeks Strategic Partnerships To Achieve Stable Power...

Delta State Governor, Sheriff Oborevwori, has reaffirmed his administration’s commitment to delivering stable and reliable electricity supply through strategic partnerships with credible energy...

Pipeline Security Boosts Nigeria’s Oil Output to 1.71mbpd,...

The Nigerian National Petroleum Company Limited (NNPCL) has confirmed a significant recovery in Nigeria’s crude oil output, rising from a historic low of...

NASS Petroleum Committees Affirm Confidence In Tantita, Others

The joint Committees on Petroleum Resources of the National Assembly on Wednesday dismissed three petitions filed against the pipeline surveillance contract, passing a...

April 8, 2026 No Responses

Delta Seeks Strategic Partnerships To Achieve Stable Power Supply

Delta State Governor, Sheriff Oborevwori, has reaffirmed his administration’s commitment to delivering stable and reliable electricity supply through strategic partnerships with credible energy experts.The governor mad...

April 8, 2026 No Responses

Pipeline Security Boosts Nigeria’s Oil Output to 1.71mbpd, Says NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has confirmed a significant recovery in Nigeria’s crude oil output, rising from a historic low of 960,000 barrels per day in 2022 to an average of 1.71 million ba...

April 8, 2026 No Responses

NASS Petroleum Committees Affirm Confidence In Tantita, Others

The joint Committees on Petroleum Resources of the National Assembly on Wednesday dismissed three petitions filed against the pipeline surveillance contract, passing a vote of confidence on Tantita Security Services Nige...

April 8, 2026 No Responses

LAMATA Hosts NULGE, Seeks Stronger Collaboration On Transport Regulation

The Managing Director, Lagos Metropolitan Area Transport Authority (LAMATA), Engr. Mrs. Abimbola Akinajo, on Wednesday received the leadership of the Lagos State chapter of the Nigeria Union of Local Government Employees...

April 8, 2026 No Responses

MAPALUM Grieves As Ex-President Oladipo Passes On

The Moshood Abiola Polytechnic Alumni Association (MAPALUM) has announced with deep sorrow the passing of its immediate past National President, Arch. Sulaimon Oladipo.A statement on Wednesday by the Lagos Chapter Presid...

April 8, 2026 No Responses

Nigeria Regains FTSE Frontier Market Status

Nigeria has been restored to Frontier Market status by FTSE Russell, marking a major milestone in the country’s return to global investment indices and signalling fresh opportunities for international investors.The rec...

April 8, 2026 No Responses

Stock Rebounds After Easter, Investors Gain N208b

The Nigerian stock market on Tuesday reopened after the Easter holiday on a bullish note, as investors recorded a gain of N208 billion amid renewed buying interest in key equities.Market capitalisation rose by 0.16 per c...

April 4, 2026 No Responses

CBN Approves Flutterwave’s Banking Services Drive

FLUTTERWAVE has secured regulatory approval from the Central Bank of Nigeria (CBN) to provide banking services in Nigeria.The Founder and Chief Executive Officer of Flutterwave, Olugbenga Agboola, disclosed this in a sta...

April 3, 2026 No Responses

Edun Commends NUPRC As Oil Production Hits 1.84mbpd, Urges Push...

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for steering Nigeria’s petroleum sector to a production level of ...

April 3, 2026 No Responses

Profit Taking Triggers N3b Loss In Stock Market

The Nigerian stock market closed on Thursday on a bearish note, shedding N3 billion in market value amid mild profit-taking.The decline was driven by sell-offs in equities, including John Holt, Abbey Mortgage Bank, Inter...

April 8, 2026 No Responses

Customs, PEBEC Align On Strategy To Improve Port Efficiency

April 7, 2026 No Responses

Shippers’ Council Signs 2026 Performance Bond, Lists 2025 Achievements

The Executive Secretary and Chief Executive Officer of Nigerian Shippers’ Council (NSC), Dr. Akutah Pius has signed the Council’s 2026 Sectorial Performance Bond at the just concluded stakeholder’s’ engagement in...

April 7, 2026 No Responses

NIMASA Signs 2026 Performance Bond, Highlights 2025 Gains

The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its commitment to accountability, improved performance, and sustained growth in the maritime sector with the signing of its 2026 Sectoral Per...

April 6, 2026 No Responses

Oyetola To Shippers’ Council: Probe Barge Operators’ Alleged Marginalisation

The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, has directed the Nigerian Shippers’ Council (NSC) to investigate allegations of systemic efforts to undermine local barge operators at the nation’s seap...

April 6, 2026 No Responses

Shippers’ Council Reaffirms Commitment To ICTN Rollout

The Nigerian Shippers’ Council (NSC) has reaffirmed its resolve to fully implement the International Cargo Tracking Note (ICTN), assuring stakeholders that concrete steps are being taken to ensure a smooth and sustaina...

April 8, 2026 No Responses

Carloha Nigeria Deepens Aftersales Capacity With Chery Training Programme

The authorised dealer of Chery vehicles in Nigeria, Carloha Nigeriahas concluded its 2026 Basic Chery Training Programme for partner technicians, as part of efforts to strengthen its aftersales service network across the...

April 6, 2026 No Responses

Coscharis Motors Rolls Out Easter Discount

April 2, 2026 No Responses

NADDC Hosts Earthoc Energy, Explores Clean Energy Partnership

The National Automotive Design and Development Council (NADDC), on Thursday received a delegation from Earthoc Energy Limited at the Council’s Headquarters in Abuja, to discuss progress and partnership opportunitie...

April 1, 2026 No Responses

NADDC, SON Unveil VehCAP To Boost Vehicle Safety, Standards

By ebosele@hotmail.com The National Automotive Design and Development Council (NADDC), in collaboration with the Standards Organisation of Nigeria (SON), on Tuesday launched the Vehicle Conformity Assessment Programme (V...

March 30, 2026 No Responses

NADDC Advocates Investment In Motorsport

Tinubu’s Turbo Fest 2026, held on Sunday in Abuja, has been described as a landmark event in Nigeria’s automotive and sporting landscape, highlighting the growing role of motorsport in driving innovation and economic...

April 8, 2026 No Responses

Delta Seeks Strategic Partnerships To Achieve Stable Power Supply

April 8, 2026 No Responses

Pipeline Security Boosts Nigeria’s Oil Output to 1.71mbpd, Says NNPCL

April 8, 2026 No Responses

NASS Petroleum Committees Affirm Confidence In Tantita, Others

April 5, 2026 No Responses

Tinubu Approves ₦3.3trn Power Sector Debt Settlement

President Bola Ahmed Tinubu has approved a comprehensive payment plan to settle longstanding debts in Nigeria’s power sector, marking a major step toward stabilising electricity supply across the country.The initiative...

April 3, 2026 No Responses

Edun Commends NUPRC As Oil Production Hits 1.84mbpd, Urges Push...

April 3, 2026 No Responses

Photo News

L-R: Joseph Ogundiran, Corporate Communications Officer, SIFAX Group; Dr. Boniface Aniebonam, Founder and Former President, National Association of Government Approved Freight Forwarders(NAGAFF); Captain Ibraheem Olugbad...

April 1, 2026 No Responses

NPA Photo News

The Managing Director, Nigerian Ports Authority (NPA), Abubakar Dantsoho (left), on Wednesday, received the Consul-General of the United States in Nigeria, Mr. Rick Swart at the NPA Headquarters in Marina, Lagos

March 27, 2026 No Responses

Photo News

The Inspector-General of Police, Olatunji Rilwan Disu (right) decorates AIG Jimoh Moshood Olorundare following his elevation to the rank of Assistant Inspector-General of Police at a ceremony held at the Force Headquarte...

March 23, 2026 No Responses

Photo News

L-R: Permanent Secretary, Ministry of Education, Science and Technology, Oyo State, Mrs Oyinlola Toyin; Honourable Commissioner for Education, Science and Technology, Oyo State, Olusegun Emmanuel Olayiwola; Director Gene...

March 7, 2026 No Responses

NAHCO’s Group Executive Director Bags Award

In recognition of his global peace-building efforts, NAHCO’s Group Executive Director, Commercial and Business Development, Prince Saheed Lasisi, has been awarded an International Eminent Peace Ambassador by the In...

A New Dawn: Ohaeri As The New Voice...

By MUKHTAR Ya’u Madobi A defining moment has arrived for public communication in Nigeria’s road safety architecture, one that signals renewal, precision, and...

NAF Releases DSSC 34/2025 Successful Candidates, Fixes April...

The Nigerian Air Force (NAF) has announced the list of successful candidates for the Direct Short Service Commission (DSSC) Course 34/2025.The development follows...

FRSC Redeploys 162 Officers, Names Ohaeri New Spokesman

The Corps Marshal, Federal Road Safety Corps (FRSC), Shehu Mohammed, has approved the redeployment of 162 senior officers.A statement issued on Thursday by...

April 5, 2026 No Responses

Oil Palm: Nigeria Aims For Global Competitiveness By 2050

The National Palm Produce Association of Nigeria (NPPAN) has expressed optimism that Nigeria will attain self-sufficiency in oil palm production and reclaim a strong position in the global market by 2050.The as...

March 1, 2026 No Responses

Nigeria Ramps Up Awareness On GMO Seed Safety

THE National Biosafety Management Agency (NBMA) has sensitised farmers and key stakeholders on the safety and benefits of Genetically Modified Organism (GMO) seeds to enhance agricultural productivity and food ...

February 21, 2026 No Responses

AfDB Approves $200m To Boost Agriculture In Nigeria

The Board of Directors of the African Development Bank (AfDB) has approved$200million loan to scale up priority agricultural investments in Nigeria.In a statement posted on its website, AfDB explained that the ...

April 8, 2026 No Responses

MAPALUM Grieves As Ex-President Oladipo Passes On

April 7, 2026 No Responses

Lagos Evacuates 230 Students From UNIJOS

The Lagos State Government has evacuated over 230 of its indigenes studying at University of Jos following the recent security situation that led to the closure of the institution.The evacuation, carried out th...

March 31, 2026 No Responses

NGX Amplifies Youth Financial Literacy With “Smart Money Talks”

Nigerian Exchange Limited (NGX) joined the global community in commemorating Global Money Week 2026, reaffirming its commitment to advancing financial literacy and equipping the next generation of investors.Thi...