31.36Lagos

Monday, 11 May 2026

Dangote Group, Norwegian Wealth Fund Explore Joint Investments

Dangote Group, Norwegian Wealth Fund Explore Joint Investments

The President/Chief Executive of Dangote Group, Aliko Dangote has held a high-level meeting with Nicolai Tangen, the Chief Executive Officer of Norges Bank...
ABC Transport Unveils Historic & Archive Center

ABC Transport Unveils Historic & Archive Center

In a remarkable celebration of legacy, innovation, and corporate heritage, ABC Transport Plc unveiled its Historic and Archive Center on Thursday, April 30,...
Photo News

Photo News

At the inauguration of the ABC Group Historic & Archive Centre in Owerri which coincided with the birthday of the founder, Mr. Frank...

Dangote Group, Norwegian Wealth Fund Explore Joint Investments

The President/Chief Executive of Dangote Group, Aliko Dangote has held a high-level meeting with Nicolai Tangen, the Chief Executive Officer of Norges Bank Investment Management, the world’s largest sovereign wealth fu...

Transport, Logistics In Focus As Oyeyemi Delivers City Business News...

The Publisher of City Business News Online, Mr Moses Ebosele, has announced plans to commemorate the organisation’s 10th anniversary with a high-level lecture scheduled for Thursday, June 25, 2026, at Rockview Hotels, ...

Nigeria Customs Hands Over Stolen Cars To Canada

As part of ongoing efforts to strengthen international confidence in Nigeria’s anti-smuggling and cargo intelligence system, the Nigeria Customs Service (NCS) has formally handed over intercepted stolen luxury vehicles...

Ita Resumes As Acting Area Controller, Ondo/Ekiti Command

The Ondo/Ekiti Area Command of the Nigeria Customs Service (NCS) has welcomed Deputy Comptroller of Customs (DC), Patience Ita as the new Acting Customs Area Controller (CAC), following the retirement of Comptroller Quee...

Nigerdock Marks World Safety Day, Nears 20 Million Injury-Free Man-Hours

Nigerdock has commemorated the 2026 World Day for Safety and Health at Work with a town hall event aimed at recognising employees’ commitment to the company’s safety culture.City Business News reports that the event ...

Capital Market/Banking

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close up of nigerian naira banknotes in detail

NGX Investors Gain N62bn As Buying Interest Lifts Market

The Nigerian equities market commenced the new month on a bullish note on Monday, with investors recording a gain of N62 billion at the close of the first trading session of May.The positive performance was largely drive...

Shareholders Applaud NGX Group’s ₦2 Dividend, Bonus Issue

Shareholders of Nigerian Exchange Group Plc (NGX Group) have endorsed the company’s 2025 financial results, with strong emphasis on the approved ₦2.00 per share final dividend and a one-for-three bonus share issue, d...

Shareholders Applaud GTCO’s N12.76 Dividend, N500b Capital Milestone

By ebosele@hotmail.com. – Shareholders of Guaranty Trust Holding Company Plc (GTCO) have commended the management of the financial institution for delivering what they described as the highest dividend payout in Ni...

Alleged $6.23b Fraud: Witness Tells Court Funds Were Siphoned from...

A prosecution witness, Chinedu Eneanya, on Monday told Justice Hamza Muazu of the Federal Capital Territory (FCT) High Court, Maitama, Abuja, that a total sum of $6.23 billion was allegedly siphoned from the coffers of t...

Tinubu Appoints Oyedele, Removes Edun As Finance Minister

President Bola Ahmed Tinubu has approved a minor reshuffle of the Federal Executive Council, effecting changes in key ministerial positions.According to a memo signed by the Secretary to the Government of the Federation,...

Maritime

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Nigerian Ports Handle 58,870 Vehicles In Q1 2026

Nigeria’s ports handled a total of 58,870 vehicle units in the first quarter of 2026, representing a 67 per cent increase compared to the 35,262 units recorded during the corresponding period of 2025.The figures were c...

Nigeria Ports Record Increase In Vessel Tonnage As Maritime Reforms...

Nigeria’s maritime sector recorded strong operational growth in the first quarter of 2026, with Gross Registered Tonnage (GRT) for ocean-going vessels rising by 19.5 per cent to 46.75 million, highlighting the increasi...

Transport, Logistics In Focus As Oyeyemi Delivers City Business News...

The Publisher of City Business News Online, Mr Moses Ebosele, has announced plans to commemorate the organisation’s 10th anniversary with a high-level lecture scheduled for Thursday, June 25, 2026, at Rockview Hotels, ...

Nigeria Customs Hands Over Stolen Cars To Canada

As part of ongoing efforts to strengthen international confidence in Nigeria’s anti-smuggling and cargo intelligence system, the Nigeria Customs Service (NCS) has formally handed over intercepted stolen luxury vehicles...

Ita Resumes As Acting Area Controller, Ondo/Ekiti Command

The Ondo/Ekiti Area Command of the Nigeria Customs Service (NCS) has welcomed Deputy Comptroller of Customs (DC), Patience Ita as the new Acting Customs Area Controller (CAC), following the retirement of Comptroller Quee...

Nigerian Ports Handle 58,870 Vehicles In Q1 2026

Nigeria’s ports handled a total of 58,870 vehicle units in the first quarter of 2026, representing a 67 per cent increase compared to the 35,262 units recorded during the corresponding period of 2025.The figures were c...

Transport, Logistics In Focus As Oyeyemi Delivers City Business News...

The Publisher of City Business News Online, Mr Moses Ebosele, has announced plans to commemorate the organisation’s 10th anniversary with a high-level lecture scheduled for Thursday, June 25, 2026, at Rockview Hotels, ...

Coscharis Motors To Spotlight ABRO Cello Tapes At WAAS 2026

Coscharis Motors, through its Auto Care / Consumer Products Division, will be participating at the upcoming West Africa Auto Show (WAAS) 2026, scheduled to be held at the Landmark Event Centre, Lagos, between 12 to 14 of...

NADDC Partners NYSC On CNG Training For Corps Members

The National Automotive Design and Development Council (NADDC) and the National Youth Service Corps (NYSC) have signed a Memorandum of Understanding (MoU) to commence Compressed Natural Gas (CNG) retrofitting training fo...

NADDC, RMRDC Deepen Collaboration to Boost Local Content in Automotive...

The National Automotive Design and Development Council (NADDC), led by its Director General, Otunba Oluwemimo Joseph Osanipin, has held a strategic meeting with the Director General of the Raw Materials Research and Deve...

Energy

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NLNG Receives 98 Entries For Maiden Creative Arts Prize

By ebosele@hotmail.com No fewer than 98 entries have been received for the maiden edition of The Nigeria Prize for Creative Arts following the close of submissions on Thursday.The inaugural edition of the competition foc...

300 Firms Jostle For 50 Oil Blocks

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that a total of 300 firms are currently jostling for the 50 oil blocks put out in the 2025/2026 licensing rounds.Chief Executive Officer of the ...

Navy Intensifies Crack Down On Oil Thieves

THE Nigerian Navy has intensified its crackdown on crude oil theft and maritime crimes, destroying illegal refining sites and dismantling militant hideouts across Rivers, Bayelsa and Cross River states.The Director of Na...

NUPRC, NLNG Deepen Collaboration To Increase Gas Supply

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Oritsemeyewa Eyesan, has reiterated the Commission’s commitment to fostering a business-friendly environment and advancing the Feder...

Dangote Refinery Recalls Redeployed Engineers

Dangote Petroleum Refinery has approved the recall of engineers previously redeployed across its business units, following what management described as a conditional pardon after internal disciplinary actions linked to o...

Photo News

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Photo News

At the inauguration of the ABC Group Historic & Archive Centre in Owerri which coincided with the birthday of the founder, Mr. Frank Nneji, OON (extreme right). Others are (from Rev. Fr Emma Ehioma; Hon Princewill Ug...

Photo News

L – R : Emma Ugwuja, Finance Controller, Coscharis Group; Jan Lembke, Importer Finance, BMW Group; Fred Amobi, Deputy Group Managing Director, Coscharis Group; Werner Warnke, Head of Importer Finance, BMW Group; Da...

Photo News

The Managing Director / CEO, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, on Tuesday, received the Governor of Borno State, Professor Babagana Zulum at the NPA Headquarters in Marina, Lagos.

Photo News

Deputy Governor of Lagos State, Dr. Obafemi Hamzat (left); Governor Babajide Sanwo-Olu (second left) presenting an artistic portrait of the Inspector-General of Police, IGP Olatunji Disu (right) and his wife, Mrs. Mutiat...

Photo News

The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho (Left ), on Monday received the Belgian Ambassador to Nigeria, Mr. Pieter Leenknegt, at the NPA Headquarters in Marina, Lagos State.

Security/Safety

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Customs FOU ‘A’ Intercepts N2.3b Cocaine, 8,794 Bags Of Rice, Others

Customs FOU ‘A’ Intercepts N2.3b Cocaine, 8,794 Bags...

The Federal Operations Unit (FOU), Zone ‘A’ of the Nigeria Customs Service (NCS) have arrested a 71-year-old man with 6.4kg of cocaine and...
Navy Intensifies Crack Down On Oil Thieves

Navy Intensifies Crack Down On Oil Thieves

THE Nigerian Navy has intensified its crackdown on crude oil theft and maritime crimes, destroying illegal refining sites and dismantling militant hideouts across...
Photo News

Photo News

Deputy Governor of Lagos State, Dr. Obafemi Hamzat (left); Governor Babajide Sanwo-Olu (second left) presenting an artistic portrait of the Inspector-General of Police,...

Agriculture

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BoI, RMRDC Seal Pact To Boost Agriculture, Grow GDP

Bank of Industry (BoI) and the Raw Materials Research and Development Council (RMRDC) have sealed a strategic partnership agreement to strengthen Nigeria’s agricultural value-chain and boost country’s Gross...

Okomu CSR: PIND, Edo Agencies Partner On Youth Skills Development

In a move to empower young people in host communities of Okomu Oil Palm Company Plc, the Foundation for Partnership Initiatives in the Niger Delta has signed partnership agreements with the Edo State Board for ...

Pressure Mounts On World Bank To Halt Factory Farming Funding

By Moses Ebosele, ebosele@hotmail.com More than 30 civil society organisations have urged the World Bank Group to halt financing for industrial livestock production and redirect investments toward sustainable, ...

Education

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Owotuga Foundation Channels N204m Into Education, Donates Hostel

To honour the enduring legacy of the Late Most Supreme Apostle Matthew Omodayo Owotuga, the foundation established in his name has announced the successful disbursement of N204 million toward community developm...

NDDC Tasks Students On Civic Responsibility

The Managing Director of the Niger Delta Development Commission, Dr Samuel Ogbuku, has called on students in tertiary institutions across the Niger Delta to obtain their Permanent Voter Cards (PVCs) as a critic...

Tinubu Approves Police Academy In Ogun, Allocates ₦15b Take-Off Grant

President Bola Tinubu has approved the establishment of a new campus of the Nigeria Police Academy in Erinja, Yewa South Local Government Area of Ogun State.The President also approved a special take-off grant ...