28.28Lagos

Monday, 2 March 2026

Crude Soars After U.S., Israel Strikes On Iran

Crude Soars After U.S., Israel Strikes On Iran

Oil prices soared and stocks fell in Asia on Monday after US-Israeli strikes on Iran sent investors fleeing the prospect of an extended...
Dangote Expands Industrial Footprint With Focus On Steel, Power, Ports

Dangote Expands Industrial Footprint With Focus On Steel,...

President of Dangote Group, Aliko Dangote, has unveiled plans to expand into steel production, electricity generation and port development as part of a...
At WCO Forum, NCS Harps On Impact-Based Reform Communication

At WCO Forum, NCS Harps On Impact-Based Reform...

The Nigeria Customs Service (NCS) has showcased its impact-focused reform communication model at the 17th Session of the Capacity Building Committee of the...

Crude Soars After U.S., Israel Strikes On Iran

Oil prices soared and stocks fell in Asia on Monday after US-Israeli strikes on Iran sent investors fleeing the prospect of an extended conflict in the crude-rich Middle East.Brent briefly spiked almost 14 percent and We...

Dangote Expands Industrial Footprint With Focus On Steel, Power, Ports

President of Dangote Group, Aliko Dangote, has unveiled plans to expand into steel production, electricity generation and port development as part of a broader ambition to accelerate industrialisation across Africa.Dango...

At WCO Forum, NCS Harps On Impact-Based Reform Communication

The Nigeria Customs Service (NCS) has showcased its impact-focused reform communication model at the 17th Session of the Capacity Building Committee of the World Customs Organisation (WCO) held at its Headquarters in Bru...

FRSC Gets Toyota Hilux From Dunamis, Decorates Enenche, Wife As...

The Federal Road Safety Corps (FRSC), FCT Sector Command, on Sunday, March 1, 2026, received a Toyota Hilux donation from Dunamis International Gospel Centre at the Glory Dome, Abuja, in a move aimed at boosting the oper...

PRESIDENT BOLA TINUBU AND FIRST LADY OLUREMI TINUBU’S TRIBUTE TO...

Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG), is one of our nation’s greatest gifts: a spiritual fortress, interceding for Nigeria and its people to God Almighty.His hum...

Capital Market/Banking

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Lafarge Africa Attains ₦1.1trillion Revenue Milestone

Lafarge Africa Plc, provider of innovative and sustainable building solutions and manufacturer of premium cement brands, has announced a revenue milestone of N1.1 trillion in 2025, representing a 53 per cent surge from N...

Profit-Taking Drags NGX Down By N515b

The Nigerian stock market sustained skidding profile on Thursday, declining by 0.41 per cent and wiping out N515 billion in investors’ wealth.Sustained profit-taking in consumer goods, banking and insurance stocks weig...

Seplat Energy Posts 144% Revenue Growth, Raises Dividend by 52%...

Seplat Energy Plc, listed on both the Nigerian Exchange and the London Stock Exchange, has announced its audited results for the year ended 31 December 2025, reporting strong operational and financial performance driven ...

NGX Sheds N74b As Sell Pressure Weighs On Major Stocks

The Nigerian equities market remained in negative territory on Wednesday, as investors lost N74 billion amid sustained sell pressure across major stocks on the Nigerian Exchange Limited (NGX).The downturn was largely dri...

SEC To Deepen Liquidity As Market Capitalisation Soars 125% To...

Nigeria’s capital market has recorded a remarkable 125 per cent growth in market capitalisation since April 2024, rising from about N55 trillion to over N123.93 trillion, the Director-General of the Securities and Exch...

Maritime

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At WCO Forum, NCS Harps On Impact-Based Reform Communication

The Nigeria Customs Service (NCS) has showcased its impact-focused reform communication model at the 17th Session of the Capacity Building Committee of the World Customs Organisation (WCO) held at its Headquarters in Bru...

NIMASA Renews Partnership With World Maritime University

The Nigerian Maritime Administration and Safety Agency, (NIMASA) has renewed its strategic capacity development partnership with the World Maritime University (WMU), Malmö, Sweden, through the signing of a four-year Mem...

Shippers’ Council, Port Police Strengthen Collaboration

Efforts to improve cargo movement and curb operational bottlenecks at Nigeria’s ports received a boost as the Nigerian Shippers’ Council (NSC) and the Port Authority Police (Western) Command agreed to strengthen ...

Shippers’ Council, Navy Strengthen Maritime Collaboration

The Executive Secretary/Chief Executive Officer of the Nigerian Shippers’ Council, Dr. Akutah Pius has reaffirmed the critical role of maritime security in driving port efficiency, trade facilitation, and the growt...

Shippers’ Council Seeks Stronger Use Of BICs To Drive Cross-Border...

The Executive Secretary and Chief Executive Officer of the Nigerian Shippers’ Council (NSC), Dr. Akutah Pius, has stated that the effective utilisation of Border Information Centres (BICs) will significantly enhanc...

Mikano Motors, Autochek Africa Seal New Vehicle Financing Deal

By Moses Ebosele, ebosele@hotmail.com Mikano Motors, on Friday, in Lagos, sealed a strategic auto financing deal with Autochek Africa, Nigeria’s leading digital automotive and financing platform.City Business News repo...

Jetour G700 Joins Premium SUV Segment In Nigeria

By ebosele@hotmail.com — The all-new Jetour G700 has officially joined the premium Sports Utility Vehicle (SUV) segment in Nigeria with a bold mix of brute strength, cutting-edge hybrid technology and first-class l...

New Toyota SUVs Take Centre Stage As Lafarge Africa Honours...

Luxury and performance met loyalty and excellence as Lafarge Africa Plc rolled out brand-new Toyota vehicles as star prizes at its 2025 Customer and Transporter Awards, celebrating outstanding partners across the country...

NADDC, Stakeholders Brainstorm On Import Deletion Programme for Motorcycle, Tricycle...

The National Automotive Design and Development Council (NADDC) on Thursday in Lagos convened a stakeholders’ sensitization meeting on the implementation of the Import Deletion Programme for motorcycle and tricycle comp...

Carloha Unveils Chery Himla Pickup In Nigeria, Offers 6-Year Warranty

Carloha Nigeria, the authorised dealer of Chery vehicles in Nigeria, on Thursday in Lagos officially unveiled the all-new Chery Himla pickup truck, marking the brand’s strategic entry into Nigeria’s highly competitiv...

Energy

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Crude Soars After U.S., Israel Strikes On Iran

Oil prices soared and stocks fell in Asia on Monday after US-Israeli strikes on Iran sent investors fleeing the prospect of an extended conflict in the crude-rich Middle East.Brent briefly spiked almost 14 percent and We...

NUPRC Oversees Olo Trust Handover To Aradel

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has presided over the formal handover of the Olo Oilfield Host Community Development Trust (HCDT) from TotalEnergies to Aradel Holdings Plc, marking a signifi...

Seplat Energy Posts 144% Revenue Growth, Raises Dividend by 52%...

Seplat Energy Plc, listed on both the Nigerian Exchange and the London Stock Exchange, has announced its audited results for the year ended 31 December 2025, reporting strong operational and financial performance driven ...

South-South Govs Back Tinubu’s Executive Order On Oil Revenue Remittance

The South-South Governors Forum (SSGF) has described President Bola Tinubu’s Executive Order mandating the direct remittance of all oil and gas revenues to the Federation Account as a historic and landmark decision.The...

NCDMB Hosts Midstream Stakeholders’ Workshop To Deepen Nigerian Content Compliance

The Midstream Division of the Monitoring and Evaluation Directorate at the Nigerian Content Development and Monitoring Board (NCDMB) on Monday convened a one-day Midstream Stakeholders Sensitization Workshop in Port Harc...

Photo News

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Photo News

L-R: Managing Director/CE, Total Energies EP Nigeria, Matthieu Bouyer; Managing Director, Total Energies Marketing Nigeria; Wilfred Konde; President Exploration and Production, Total Energies; Nicolas Terraz; President/C...

Dangote Cement Photo News

L-R: Group Managing Director/CEO, Dangote Cement Plc, Arvind Pathak; Vice President, Dangote Industries Limited, Olakunle Alake; Chairman, Dangote Cement Plc, Emmanuel Ikazoboh; President/CE, Dangote Industries Limited, ...

Photo News

L-R: A representative of C&C Trucks Mr Jin Haibo, After-Sales Manager of Versat Automobile, Ifeanyi Igbokwe, Customer, Frank Ofodile, Non Executive Director, Versat Automobile, Alhaji Francis Ogboro, Executive Direct...

Photo News

The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, (second from right) on Monday in Lagos joined the Lagos State Governor, Babajide Sanwoolu, (Third from right) to discuss infrastructure and lo...

Photo News

The Governor of Lagos State, Babajide Sanwo-Olu (right), received the Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, during a courtesy visit in Lagos.The meeting focused on fostering a he...

Security/Safety

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Tinubu Extends Ahmed Abubakar Audi’s Tenure As NSCDC Boss

Tinubu Extends Ahmed Abubakar Audi’s Tenure As NSCDC...

President Bola Ahmed Tinubu has reappointed Dr Ahmed Abubakar Audi as the Commandant-General of the Nigeria Security & Civil Defence Corps (NSCDC) for...
Shippers’ Council, Navy Strengthen Maritime Collaboration

Shippers’ Council, Navy Strengthen Maritime Collaboration

The Executive Secretary/Chief Executive Officer of the Nigerian Shippers’ Council, Dr. Akutah Pius has reaffirmed the critical role of maritime security in driving...
Disu Assumes Office As Acting IGP, Takes Over From Egbetokun

Disu Assumes Office As Acting IGP, Takes Over...

The Acting Inspector-General of Police, IGP Olatunji Ridwan Disu, has officially assumed duty as the 23rd indigenous Inspector-General of Police, succeeding IGP Kayode...

Agriculture

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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 ...

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 ...

Institute Warns of Health Risks From Fabricated Grinding Machines

The Federal Institute of Industrial Research, Oshodi (FIIRO), Lagos, has raised concerns over rising cases of organ failure and cardiovascular diseases in Nigeria, linking them to the consumption of foods proce...

Education

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SIFAX Foundation Trains 90 Lagos Students On AI, Technology

The Corporate Social Responsibility (CSR) arm of the SIFAX Group, Ajoke Ayisat Afolabi Foundation, in partnership with the World Bank, has trained over 90 students of the State Senior Secondary School, Oyewole,...

LAMATA Boss Reaffirms LASU As Key Talent Hub For Transport...

The Managing Director of the Lagos Metropolitan Area Transport Authority (LAMATA), Engr. (Mrs.) Abimbola Akinajo, has reaffirmed Lagos State University’s (LASU) School of Transport and Logistics as a vital so...

Augustine University Receives NUC Team For Nursing Science Accreditation

Augustine University, Ilara-Epe, Lagos State, on Monday, 9th February, 2026, received a team from the National Universities Commission (NUC) for the accreditation of its Nursing Science Programme.The NUC accred...