25.48_℃Lagos

Tuesday, 11 August 2026

City Business News

Nigeria Business News

Aug
2026 11 Tinubu Hails Bergmans’ Selection For Multi-Billion-Dollar AfCFTA Customs Project

Aug
2026 11 NSIB Assures Staff Of Improved Welfare, Career Development

Aug
2026 11 Metropolitan Electric CEO Unveils Six-Point Plan To Boost EV Adoption In Nigeria

Aug
2026 10 Customs FOU “A” Impounds N3.24b Smuggled Goods, Recovers N729m Revenue

Aug
2026 10 Nigeria Commissions First Border Animal Holding Facility

Aviation

SAHCO Reaffirms Commitment To Aviation Innovation, Engineering Excellence

Auto

Metropolitan Electric CEO Unveils Six-Point Plan To Boost EV Adoption In Nigeria

Metro

NURTW, RTEAN Sign MoU To Transform Public Bus Operations In Lagos

Sports

Spain Lifts Second FIFA World Cup Title Since 2010

Tinubu Hails Bergmans’ Selection For Multi-Billion-Dollar AfCFTA Customs...

By ebosele@hotmail.com – President Bola Ahmed Tinubu has commended the selection of AfriTrade CMP Limited, a subsidiary of Nigerian-owned Bergmans Security Consultant and...

NSIB Assures Staff Of Improved Welfare, Career Development

By ebosele@hotmail.com – The Nigerian Safety Investigation Bureau (NSIB) has reaffirmed its commitment to staff welfare, career progression and professional development as part...

Metropolitan Electric CEO Unveils Six-Point Plan To Boost...

Nigeria must move beyond policy announcements and urgently implement a coordinated six-point roadmap to turn growing interest in electric vehicles into mass adoption,...

August 11, 2026 No Responses

Tinubu Hails Bergmans’ Selection For Multi-Billion-Dollar AfCFTA Customs Project

By ebosele@hotmail.com – President Bola Ahmed Tinubu has commended the selection of AfriTrade CMP Limited, a subsidiary of Nigerian-owned Bergmans Security Consultant and Supplies Limited, for a 20-year, multi-bill...

August 11, 2026 No Responses

NSIB Assures Staff Of Improved Welfare, Career Development

August 10, 2026 No Responses

Nigeria Commissions First Border Animal Holding Facility

By ebosele@hotmail.com The Nigeria Agricultural Quarantine Service (NAQS) has commissioned Nigeria’s first Border Animal Holding Facility at the Mfum Border in Cross River State, in a major step towards strengthening l...

August 10, 2026 No Responses

NRS Boss Reacts To $279m Frontier Fund Fraud Allegation

By ebosele@hotmail.com – The Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has dismissed online reports alleging his involvement in $279 million fraud linked to the Frontier Exploration Fu...

August 9, 2026 No Responses

Senate Backs Customs Reforms, Lauds Responsible Fund Utilisation

By ebosele@hotmail.com The Senate Committee on Customs and Excise has commended the far-reaching reforms being implemented by the Comptroller-General of Customs, Adewale Adeniyi, MFR, describing them as evidence of respo...

August 10, 2026 No Responses

SEC Urges FCT To Tap Capital Market For Abuja Infrastructure...

The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has urged the Federal Capital Territory Administration (FCTA) to leverage Nigeria’s capital market to mobilise long-term financ...

August 8, 2026 No Responses

CBN, Experts Chart Africa’s Economic Future

By ebosele@hotmail.com – The 7th Africa Emerging Markets Forum (AEMF 2026), hosted by the Central Bank of Nigeria (CBN) in Abuja, opened with high-level discussions on the future of Africa’s economy and strategie...

August 7, 2026 No Responses

Tinubu Optimistic As NGX Market Capitalisation Hits N160tri

By ebosele@hotmail.com – President Bola Ahmed Tinubu has expressed optimism about Nigeria’s economic outlook, saying positive assessments by experts and improving economic indicators demonstrate that the coun...

August 6, 2026 No Responses

Lagos, FirstBank, Zenith Bank Back QEDNG Creative Powerhouse Summit 2.0

The Lagos State Government, FirstBank and Zenith Bank are among the public and private sector institutions supporting the second edition of the QEDNG Creative Powerhouse Summit.Also supporting the summit are the Lagos St...

FG To Raise N35b For Ajaokuta Light Steel

August 4, 2026 No Responses

FG Offers Two Savings Bonds for Subscription

THE Debt Management Office (DMO), on behalf of the Federal Government (FG) has announced an offer of two FGN bonds for subscription at N1,000 per unit.According to the DMO, the first offer is a two-year FGN Savings Bond ...

August 9, 2026 No Responses

Senate Backs Customs Reforms, Lauds Responsible Fund Utilisation

August 9, 2026 No Responses

SCAN Summit Focuses On Financing, Regulatory Barriers Facing Indigenous Shipowners

By ebosele@hotmail.com The Shipping Correspondents Association of Nigeria (SCAN) has commenced preparations for its forthcoming 2026 Summit, which will focus on the persistent financing challenges and regulatory hurdles ...

August 7, 2026 No Responses

Yusuf Babalola Honoured for Advancing Maritime, Aviation Reporting

In recognition of his remarkable contributions to Nigeria’s maritime media landscape, Senior Correspondent with LEADERSHIP Newspaper, Yusuf Babalola, has been honoured with the Excellence in Maritime Media Reportag...

August 6, 2026 No Responses

Shippers’ Council Seeks Banking Partnership To Boost Maritime Investment, Support...

By ebosele@hotmail.com – The Nigerian Shippers’ Council (NSC) has intensified efforts to strengthen collaboration with financial institutions to unlock funding for critical maritime infrastructure, bridge financi...

August 3, 2026 No Responses

NIMASA, Mission To Seafarers Strengthen Partnership

The Nigerian Maritime Administration and Safety Agency, NIMASA has reaffirmed its commitment to advancing the welfare and wellbeing of Nigerian seafarers through stronger collaboration with key maritime stakeholders, inc...

August 11, 2026 No Responses

Metropolitan Electric CEO Unveils Six-Point Plan To Boost EV Adoption...

August 5, 2026 No Responses

NADDC Boss Moderate Ecowas Panel, Seeks Policies To Boost Regional...

The Director-General of the National Automotive Design and Development Council (NADDC), Otunba Oluwemimo Joseph Osanipin, on Wednesday moderated a high-level panel session at the ECOWAS Regional Automotive Industry Devel...

August 5, 2026 No Responses

Photo News

L-R: Eric Nwafor- HOD, Research & Design, National Automotive Design & Devt, Council (NADDC) Mrs. Joke Onireti, Director, Industrial Infrastructure NADDC; Chief Anselm Ilekuba, Chairman/CEO CedricMasters Group &a...

August 5, 2026 No Responses

NADDC Begins E10 Bioethanol Sensitisation For Transporters

By ebosele@hotmail.com – The National Automotive Design and Development Council (NADDC) has commenced a sensitisation programme for transport operators participating in the E10 Bioethanol Pilot Programme as part of...

August 3, 2026 No Responses

FRSC Canvasses Support For Tinubu’s CNG, EV Initiatives

The Corps Marshal of the Federal Road Safety Corps (FRSC), Shehu Mohammed, has expressed strong support for President Bola Tinubu’s Presidential Initiative on Compressed Natural Gas (CNG) and Electric Vehicles (EVs), d...

August 4, 2026 No Responses

NUPRC Seeks Stronger Collaboration To Build Resilient Upstream Oil, Gas...

By ebosele@hotmail.com – The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called for deeper collaboration among industry stakeholders to strengthen resilience and drive sustainable growth in Nigeri...

August 4, 2026 No Responses

NMDPRA Reaffirms Commitment To Energy Security, Gas Utilisation

By ebosele@hotmail.com- The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reaffirmed its commitment to strengthening Nigeria’s energy security, accelerating gas utilisation and deliv...

August 3, 2026 No Responses

FRSC Canvasses Support For Tinubu’s CNG, EV Initiatives

July 28, 2026 No Responses

NLNG Attains $149.6b Revenue, Remits $10.8b Tax

THE Nigeria LNG (NLNG) has generated $149.6 billion in revenue since it began operations, and has paid $10.8 billion in taxes to the Federal Government since becoming tax-compliant in 2009.Managing director and chief exe...

July 25, 2026 No Responses

Nigeria’s $2b Renewable Energy Investment Yields Only 76,000 Jobs, REA...

Dr. Abba Aliyu, Managing Director of the Rural Electrification Agency (REA), has disclosed that Nigeria’s renewable energy workforce participation remains significantly low, with the sector generating only about 70,000...

August 5, 2026 No Responses

Photo News

July 31, 2026 No Responses

Photo News

L-R: Director, Public Relations, National Automotive Design and Development Council (NADDC), Mrs. Suzan Taiwo; Corps Marshal of the Federal Road Safety Corps (FRSC), Mr. Shehu Mohammed; National Chairman of the Nigeria A...

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...

Customs Intercepts Pump-Action Rifles, Arrests Two Suspects

By ebosele@hotmail.com – The Nigeria Customs Service (NCS) has intercepted a 20-foot container loaded with concealed pump-action rifle parts and two 40-foot containers...

FRSC Holds Capacity-Building Workshop For Senior Officers

By ebosele@hotmail.com – The Federal Road Safety Corps (FRSC) has commenced a two-day capacity-building workshop for its Expanded Management Staff, with a renewed...

Nigeria Unveils Seven-Week Roadmap For National Policing Bill

The Presidential Working Group on the proposed National Policing Bill has invited Nigerians to submit memoranda and policy proposals as part of efforts...

August 6, 2026 No Responses

NAQS, Cattle Breeders Partner to Boost Livestock Exports, Biosecurity

By ebosele@hotmail.com – The Nigeria Agricultural Quarantine Service (NAQS) has reaffirmed its commitment to strengthening collaboration with key industry stakeholders to enhance the competitiveness of Ni...

August 5, 2026 No Responses

Nigeria, China Strengthen Agricultural, Aquatic Exports

By ebosele@hotmail.com – The Nigeria Agricultural Quarantine Service (NAQS) and the People’s Republic of China have strengthened bilateral cooperation aimed at expanding agricultural trade, improvin...

July 17, 2026 No Responses

BOI Secures €60m EIB Facility To Boost Nigeria’s Cocoa Value...

Photo Caption:L-R: Ayo Sotinrin, MD/CEO, Bank of Agriculture; Massimo De-Luca, Head of Cooperation of the European Union Delegation to Nigeria and ECOWAS; Olasupo Olusi, MD/CEO, Bank of Industry (BoI); Abubakar...

August 5, 2026 No Responses

Lanre Shittu Motors Donates Anti-Financial Crime Books To Lagos Students

As part of its commitment to youth development and social responsibility, Lanre Shittu Motors (LSM) has intensified efforts to curb financial crime among young people through the donation of copies of the book ...

July 27, 2026 No Responses

BPP, Lagos Business School Move to Deepen Public Procurement Capacity,...

The Bureau of Public Procurement (BPP) has commenced discussions with the Lagos Business School (LBS) on a strategic partnership aimed at strengthening Nigeria’s public procurement system through capacity...

July 25, 2026 No Responses

NUC Grants Operational Licence To Maria Assumpta University, Owerri

By ebosele@hotmail.com The Catholic Archdiocese of Owerri has achieved a major milestone with the official issuance of an operational licence for Maria Assumpta University, Owerri, by the National Universities ...