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Thursday, 16 July 2026

City Business News

Nigeria Business News

Jul
2026 16 INEC Considers Full Systems Audit, Mock Presidential Election

Jul
2026 16 Aisha Achimugu: Court Grants Final Forfeiture of N4.6b Jewelries, N4.3b Cars, $50, 000 , N30, 000,000

Jul
2026 16 Argentina Stops England, To Tackle Spain In Final

Jul
2026 16 How The Landlords’ Economy Is Pricing Nigerians Out Of Home

Jul
2026 16 NDPC, CIPEN Seal MoU

Aviation

FAAN Defends Airport Cab Upgrade Policy, Tariff Review

Auto

Stakeholders Back Nigeria Auto Summit On EV, CNG

Metro

Aisha Achimugu: Court Grants Final Forfeiture of N4.6b Jewelries, N4.3b Cars, $50, 000 , N30, 000,000

Sports

Argentina Stops England, To Tackle Spain In Final

INEC Considers Full Systems Audit, Mock Presidential Election

The Independent National Electoral Commission (INEC) is considering conducting a comprehensive audit of all its electoral technology systems, alongside a mock presidential election,...

Aisha Achimugu: Court Grants Final Forfeiture of N4.6b...

A Federal Capital Territory, FCT, High Court sitting in the Apo, Abuja, has granted the final forfeiture of properties linked to a business...

Argentina Stops England, To Tackle Spain In Final

England’s dream of ending their long wait for FIFA World Cup glory came to a heartbreaking end after Argentina produced a composed and...

July 16, 2026 No Responses

INEC Considers Full Systems Audit, Mock Presidential Election

The Independent National Electoral Commission (INEC) is considering conducting a comprehensive audit of all its electoral technology systems, alongside a mock presidential election, as part of measures to strengthen prep...

July 16, 2026 No Responses

How The Landlords’ Economy Is Pricing Nigerians Out Of Home

By Blaise Udunze – It is considered that in every organized society, the home is supposed to be a place of security. It should be where families find peace after a hard day’s work, where children grow, where ...

July 16, 2026 No Responses

NDPC, CIPEN Seal MoU

To formalise the partnership between the Nigeria Data Protection Commission (NDPC) and the Chartered Institute of Power Engineers of Nigeria (CIPEN), both organisations signed a Memorandum of Understanding (MoU) at the N...

July 15, 2026 No Responses

INEC, NIMC Forge Digital Alliance to Boost Credible Elections

The Chairman of the Independent National Electoral Commission (INEC), Prof. Joash Amupitan, SAN, has reaffirmed the Commission’s commitment to strengthening collaboration with the National Identity Management Commi...

July 15, 2026 No Responses

NIWA To Upgrade Dilapidated Jetties, Phase Out Unsafe Boats

By ebosele@hotmail.com The Chairman of the Governing Board of the National Inland Waterways Authority (NIWA), Barrister Mukhtar Shehu Shagari, has reaffirmed the Authority’s commitment to upgrading dilapidated infr...

July 15, 2026 No Responses

UBA Business Series To Spotlight Customer Feedback

By ebosele@hotmail.com – United Bank for Africa (UBA) Plc has announced plans to host the latest edition of its quarterly UBA Business Series, with a focus on helping businesses transform customer feedback into tec...

July 14, 2026 No Responses

UBA Wins National Sustainability Award For ESG Leadership

THE United Bank for Africa (UBA) Plc has won the best financial services company award at the 2026 National Sustainability Achievements Awards.A statement by the bank on Monday explained that UBA received the award durin...

July 8, 2026 No Responses

Tinubu Tasks Afreximbank On Africa’s Industrialisation

President Bola Ahmed Tinubu on Tuesday tasked the leadership of the African Export-Import Bank (Afreximbank) to intensify efforts to mobilise and deploy the continent’s vast human, financial and natural resources f...

July 6, 2026 No Responses

My Farewell From UBA, By Tony Elumelu

Why create an institution? To ensure that an institution can live long, grow ever stronger and deliver a vision.I have never been able to look at Africa and see only borders. Where many see fifty-four separate markets, I...

July 5, 2026 No Responses

Customs, UBA Deepen Trade Facilitation Partnership

The Nigeria Customs Service (NCS) and the United Bank for Africa (UBA) have reaffirmed their commitment to strengthening collaboration to advance trade facilitation and support key digital transformation initiatives, fol...

July 15, 2026 No Responses

NIWA To Upgrade Dilapidated Jetties, Phase Out Unsafe Boats

July 14, 2026 No Responses

Apapa Customs Impounds ₦26.57b Cannabis

By ebosele@hotmail.com The Nigeria Customs Service (NCS), Apapa Area Command, has intercepted a massive consignment of Cannabis Indica with a Duty Paid Value (DPV) of ₦26.57 billion, reinforcing its commitment to comba...

July 13, 2026 No Responses

Taiwo Afolabi Maritime Conference Holds July 21

Momentum is building for the 10th edition of the Taiwo Afolabi Annual Maritime Conference (TAAM) as the Maritime Forum, University of Lagos, in partnership with SIFAX Group, prepare to host what has become West Africa&#8...

July 8, 2026 No Responses

National Shipping Line: Beyond Oyetola’s Promises

By Okey IBEKE At the 2026 Day of the Seafarer celebration held in Lagos on Thursday, June 25, the Minister of Marine and Blue Economy, Adegboyega Oyetola, once again reaffirmed the Federal Government’s commitment to es...

July 7, 2026 No Responses

At IMO, Shagari, NIWA Board Chair Seeks Global Expertise For...

The Chairman of the Governing Board of the National Inland Waterways Authority (NIWA), Mukhtar Shehu Shagari, has intensified efforts to strengthen Nigeria’s inland waterways sector through international collaboration ...

July 15, 2026 No Responses

Stakeholders Back Nigeria Auto Summit On EV, CNG

Auto firms, transport regulators and key government agencies have confirmed participation in the 2026 Nigeria Auto Industry Summit(NAISU), underscoring growing industry support for Nigeria’s transition to electric ...

July 11, 2026 No Responses

NADDC Engages ALCMAN, Chinese Partners On National Auto Parts Digital...

The National Automotive Design and Development Council (NADDC) has advanced efforts to strengthen Nigeria’s automotive industry through a strategic engagement with the Automotive Local Content Manufacturers Associa...

July 10, 2026 No Responses

TSS Unveils Locally Assembled Forland T5 Mini Truck To Cut...

Transit Support Services Ltd. (TSS Motors), one of Nigeria’s reputable commercial vehicle assemblers and marketers, has rolled out Forland T5 – a new mini truck range designed to bring tremendous relief to the la...

July 9, 2026 No Responses

NADDC Unveils National Automotive Repository Portal

The National Automotive Design and Development Council (NADDC) on Wednesday officially launched the National Automotive Repository Portal (NARP), a landmark digital platform designed to strengthen regulation, improve dat...

July 8, 2026 No Responses

NADDC DG Briefs Tinubu On Automotive Sector’s Industrialisation Drive

The Director-General, National Automotive Design and Development Council (NADDC), Mr. Oluwemimo Joseph Osanipin, has briefed President Bola Ahmed Tinubu on the Council’s progress in advancing Nigeria’s automo...

July 14, 2026 No Responses

Senator, Ministers, NUPRC Team Visit Dangote Refinery

The Chairman, Senate Committee on Upstream, Senator Eteng Williams; the Minister of State of Petroleum Resources (Oil), Senator Heineken Lokpobiri; the Minister of State for Petroleum Resources (Gas), Rt.Hon Ekperikpe Ek...

July 14, 2026 No Responses

Renaissance Signs 16-Year Gas Supply Deal With Indorama

By ebosele@hotmail.com – Renaissance has signed a landmark Gas Sale Agreement (GSA) with Indorama Fertilizer FZE for the long-term supply of up to 60 million standard cubic feet per day (MMscf/d) of natural gas fro...

July 9, 2026 No Responses

NLNG Wins Operational Excellence Award At NOG Energy Week 2026

Nigeria LNG Limited (NLNG) has been honoured with the Energy Awards 2026 Operational Excellence Award at the 25th anniversary edition of NOG Energy Week, reaffirming the company’s commitment to safe, reliable and e...

July 9, 2026 No Responses

NUPRC Lauds ExxonMobil’s $1b Investment, Presents New Petroleum Prospecting Licences

By ebosele@hotmail.com – The Nigerian Upstream Petroleum Regulatory Commission has applauded ExxonMobil and its partners for committing $1 billion to the on-block activities of the Usan Infill Project in OML 138, d...

July 8, 2026 No Responses

Expert Seeks Stronger Oil, Insurance Alliance To Deepen Local Content

Nigeria’s insurance and oil and gas industries have been urged to forge stronger strategic partnerships anchored on local content development and digital transformation to accelerate inclusive economic growth and s...

July 14, 2026 No Responses

Starzs At 40 Photo News:

L-R: Managing Director/CEO, Starzs Investments Company Limited (SICL), Ms. Iroghama Ogbeifun, General Manager, Corporate Communications, NCDMB, Dr. Obinna Ezoebi, Former Executive Secretary, Nigerian Content Development ...

July 14, 2026 No Responses

Starzs At 40

Managing Director/CEO, SICL, Ms. Iroghama delivering her opening remarks during the company’s milestone 40th anniversary celebration and Gala Night themed Transforming Lives, 40 years on held in Port Harcourt, Rivers S...

July 12, 2026 No Responses

Photo News

R-L: Publisher, City Business News Online, Moses Ebosele, Founder of ABC Transport Plc, Mr Frank Nneji, former Corps Marshall, Federal Road Safety Corps (FRSC) and President, Chartered Institute of Logistics and Transpor...

July 12, 2026 No Responses

City Business Photo News

Publisher, City Business News Online, Moses Ebosele (left), welcomes former Corps Marshall, Federal Road Safety Corps (FRSC) and President, Chartered Institute of Logistics and Transport (CILT), Dr Boboye Oyeyemi to the ...

July 11, 2026 No Responses

Photo News

The Governor, Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso (Left), presents a souvenir to the Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, during the Minister’s working visit t...

Customs Impounds 20,500 Litres Of Smuggled Petrol, Five...

By ebosele@hotmail.com – The Nigeria Customs Service (NCS) through its Operation Whirlwind has intercepted a total of 20,500 liters of smuggled petroleum products...

FRSC Begins Training For Intelligence, Provost Officers

The Federal Road Safety Corps (FRSC) has commenced a specialized training programme for Intelligence and Provost Operatives at the Marshal Inspectorate Training School...

FRSC Invests Ododo As Kogi Special Marshals Patron,...

The Federal Road Safety Corps (FRSC) has recorded another milestone in its campaign to strengthen road safety governance across Nigeria with the investiture...

June 19, 2026 No Responses

Nigeria’s Food Safety Challenge Rooted In Farmer Ignorance, Says Garuba

By Onyeka Ezike – The founder of Voice of the Farmers, Afeez Olumide Garuba, has identified inadequate farmer education and poor adherence to safe agricultural practices as major factors fueling the growi...

May 18, 2026 No Responses

Dangote Reaffirms Commitment To Africa’s Food Security Through Fertiliser Investments

President of the Dangote Group, Aliko Dangote, has reaffirmed his commitment to boosting food security across Africa through large-scale fertiliser investments, declaring that the continent has the capacity to ...

April 20, 2026 No Responses

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...

July 3, 2026 No Responses

Educationist, Mayor Ojeifo Dies At 73

The education community in Edo North is mourning Mr. Mayor Tajudeen Ojeifo, a retired vice principal and respected teacher, who died on Saturday, June 27, 2026. He was 73.In a statement issued on behalf of the ...

June 19, 2026 No Responses

FRSC Conducts ICT-Driven Promotion Exercise For Over 10,000 Personnel

The Corps Marshal of the Federal Road Safety Corps (FRSC), Shehu Mohammed, has successfully overseen the conduct of the 2026 Promotion Exercise for more than 10,005 personnel nationwide, leveraging modern techn...

May 30, 2026 No Responses

Ikeja Electric Marks Children’s Day With Safety Education, Learning Support...

Ikeja Electric Plc (IE) has celebrated this year’s Children’s Day by carrying out an educational outreach programme in selected public primary schools within its franchise area, combining electricity safety...