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Saturday, 22 August 2026

City Business News

Nigeria Business News

Aug
2026 22 NUPRC, Shell Discuss $10b Bonga Southwest Project, Deep Offshore Investments

Aug
2026 22 Akutah Tasks NPERA Staff On New Regulatory Mandate

Aug
2026 22 Domestic Capital Drives Nigeria’s 57% Equity Market Rally, Says Coronation

Aug
2026 22 NEC Delegation Inspects Lagos Red Line, Commends Transport Investments

Aug
2026 22 NAF Graduates 16 Personnel After Six-Month Citation Sovereign Training

Aviation

SAHCO Hosts BASL AVSEC Team For Practical Cargo Security Training

Auto

WMotors Brings Jetour Africa Expedition To Nigeria, Puts T1, T2, G700 To Test

Metro

EFCC Arraigns Brookfield Group Holdings CEO For Alleged N990m Fraud

Sports

Spain Lifts Second FIFA World Cup Title Since 2010

NUPRC, Shell Discuss $10b Bonga Southwest Project, Deep...

By ebosele@hotmail.com – The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed its commitment to supporting investments in Nigeria’s deep offshore sector as...

Akutah Tasks NPERA Staff On New Regulatory Mandate

The Director General/CEO of the Nigerian Ports Economic Regulatory Agency, (NPERA), Dr. Akutah Pius has urged staff to embrace the culture of commitment,...

Domestic Capital Drives Nigeria’s 57% Equity Market Rally,...

Nigeria’s equities market recorded a 57 per cent return in the first seven months of 2026, driven largely by stronger domestic investment rather...

August 22, 2026 No Responses

Akutah Tasks NPERA Staff On New Regulatory Mandate

The Director General/CEO of the Nigerian Ports Economic Regulatory Agency, (NPERA), Dr. Akutah Pius has urged staff to embrace the culture of commitment, and professionalism as the Agency commences operations under its n...

August 22, 2026 No Responses

NEC Delegation Inspects Lagos Red Line, Commends Transport Investments

By ebosele@hotmail.com – A delegation from the Secretariat of the National Economic Council (NEC), led by the Ondo State Commissioner for Economic Planning and Budget, Hon. Laolu Akindolire, has inspected the Lagos...

August 22, 2026 No Responses

NAF Graduates 16 Personnel After Six-Month Citation Sovereign Training

The Nigerian Air Force (NAF) has graduated 16 officers and airmen/airwomen following the successful completion of a six-month in-house training programme on the Citation Sovereign aircraft for engineering personnel of th...

August 21, 2026 No Responses

FRSC Promotes 7,472 Personnel, Harps On Greater Responsibility

By ebosele@hotmail.com The Federal Road Safety Corps (FRSC) has approved the promotion of 7,472 personnel comprising 2,134 Officers and 5,338 Marshals in a major career progression exercise aimed at rewarding merit, stre...

August 21, 2026 No Responses

SAHCO Hosts BASL AVSEC Team For Practical Cargo Security Training

By ebosele@hotmail.com – Skyway Aviation Handling Company PLC (SAHCO) has hosted the Aviation Security (AVSEC) Department of Bi-Courtney Aviation Services Limited (BASL) for a practical tour of its cargo handling f...

August 22, 2026 No Responses

Domestic Capital Drives Nigeria’s 57% Equity Market Rally, Says Coronation

Nigeria’s equities market recorded a 57 per cent return in the first seven months of 2026, driven largely by stronger domestic investment rather than a resurgence in foreign portfolio inflows, the Managing Director of ...

August 17, 2026 No Responses

FICAN Conference To Explore Nigeria’s Banking, Tax, Fintech Reforms

By ebosele@hotmail.com Nigeria’s leading policymakers, financial regulators, banking executives, fintech innovators, economists and capital market operators are set to converge in Lagos on September 19 and 20, 2026, fo...

August 13, 2026 No Responses

SEC Sets 5pm T+1 Deadline For Equities, Commodities Settlement

By ebosele@hotmail.com – The Securities and Exchange Commission (SEC) has fixed 5:00 p.m. on the first business day after a transaction (T+1) as the settlement deadline for equities and commodities traded and settl...

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 20, 2026 No Responses

Shippers’ Council Rebrands As NPERA, Vows New Era Of Port...

By ebosele@hotmail.com – Nigeria’s port sector has entered a new regulatory era, with the Nigerian Shippers’ Council formally transitioning into the Nigeria Ports Economic Regulatory Agency (NPERA).The transiti...

August 19, 2026 No Responses

Ezekwesili Faults £746m Ports Deal, Urges Tinubu To Cancel

By ebosele@hotmail.com – Former Minister of Education, Dr. Obiageli Ezekwesili, has called on President Bola Tinubu to terminate the £746 million ports financing deal signed between Nigeria and the United Kingdom,...

August 17, 2026 No Responses

EFCC Probes $73,000, £15,957, 827,800 SAR Intercepted By Customs

The Kano Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has commenced investigation of a suspect, Haruna Yusuf and multiple undeclared foreign currencies, , $73,000( Seventy Three United States ...

August 16, 2026 No Responses

NPERA Act: Between Economic Regulation And NPA’s Statutory Mandate

The new Ports Economic Regulatory Agency could bring discipline, transparency and competition to Nigeria’s port economy.But, unless its powers are carefully separated from those of the Nigerian Ports Authority (NPA), t...

August 16, 2026 No Responses

Nigeria Customs Highlights Integrity Reforms

The National Public Relations Officer of the Nigeria Customs Service (NCS), Deputy Comptroller of Customs Abdullahi Maiwada, has reaffirmed the Service’s commitment to strengthening integrity, transparency and accounta...

August 19, 2026 No Responses

WMotors Brings Jetour Africa Expedition To Nigeria, Puts T1, T2,...

There was excitement across Lagos on Sunday as WMotors brought the 2026 Jetour Africa Expedition to Nigeria, with eight Jetour T1, T2 and G700 vehicles taking on a 128km adventure through major city streets and key locat...

August 17, 2026 No Responses

Lagos Apprehends 175 Vehicles Over Dealer Plate Violations

By ebosele@hotmail.com The Lagos State Vehicle Inspection Service (VIS) on Monday apprehended 175 vehicles for violating regulations governing the use of dealer number plates.Under the Lagos State Transport Sector Reform...

August 17, 2026 No Responses

Group Tasks Sanwo-Olu On Dealer Number Plate Enforcement

By ebosele@hotmail.com The Association of Progressive Freight Forwarders of Nigeria (APFFLON) has appealed to the Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu, to urgently review the state government’s directiv...

August 17, 2026 No Responses

Lagos Intensifies Enforcement Against Dealers’ Number Plate Violations

By ebosele@hotmail.com – The Lagos State Vehicle Inspection Service (VIS) has intensified enforcement operations against motorists found violating regulations governing the use of Dealers’ Number Plates across th...

August 12, 2026 No Responses

NADDC, National CNG Forum Explore Collaboration

By ebosele@hotmail.com The National Automotive Design and Development Council (NADDC) on Wednesday received a delegation from the National CNG Forum (NCNG-F) to explore opportunities for collaboration aimed at strengthen...

August 22, 2026 No Responses

NUPRC, Shell Discuss $10b Bonga Southwest Project, Deep Offshore Investments

By ebosele@hotmail.com – The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed its commitment to supporting investments in Nigeria’s deep offshore sector as the Federal Government moves to ...

August 21, 2026 No Responses

Perm Sec Visits NLNG Train 7 Site, Reaffirms Local Content...

By ebosele@hotmail.com – The NLNG Bonny Plant Site on Thursday, August 20, 2026, hosted Mrs. Patience Oyekunle, Permanent Secretary, Federal Ministry of Petroleum Resources and Chairperson of the NLNG Board Local C...

August 21, 2026 No Responses

NMDPRA Reaffirms Commitment To Regulation, Energy Security, Industrial Growth

By ebosele@hotmail.com The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reaffirmed its commitment to effective regulation that promotes investment, energy security, industrial growth and ...

August 21, 2026 No Responses

NLNG Seeks Reforms To Unlock Nigeria’s 600 TCF Gas Potential

THE Nigeria LNG (NLNG) has called for governance reforms, predictable regulation and sustained investment to unlock Nigeria’s estimated 600 trillion cubic feet (TCF) gas potential.Mr Adeleye Falade, NLNG Managing Direc...

August 20, 2026 No Responses

Shell, Contractors Reaffirm Commitment To Safety, Operational Excellence

By ebosele@hotmail.com – Shell on Wednesday hosted chief executives of contracting companies in Lagos, with a call for sustained commitment to safe operations across its businesses in Nigeria.City Business News rep...

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...

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...

NAF Graduates 16 Personnel After Six-Month Citation Sovereign...

The Nigerian Air Force (NAF) has graduated 16 officers and airmen/airwomen following the successful completion of a six-month in-house training programme on the...

FRSC Promotes 7,472 Personnel, Harps On Greater Responsibility

By ebosele@hotmail.com The Federal Road Safety Corps (FRSC) has approved the promotion of 7,472 personnel comprising 2,134 Officers and 5,338 Marshals in a...

EFCC, NIMC Strengthen Collaboration

The Economic and Financial Crimes Commission , EFCC, and the National Identity Management Commission , NIMC, have brokered a renewed strategic alliance towards...

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 17, 2026 No Responses

FRSC, Indian University Train 1,000 Law Enforcement Personnel on Stress...

By ebosele@hotmail.com The Federal Road Safety Corps (FRSC), in partnership with Rashtriya Raksha University (RRU), Gujarat, India, has commenced a 10-day international training programme on stress management a...

August 16, 2026 No Responses

NCAT Graduates 21 Aeronautical Information Management Officers

By ebosele@hotmail.com – The Nigerian College of Aviation Technology (NCAT), Zaria, has graduated 21 participants of the Basic Aeronautical Information Management Officer’s Course No. 17 (BAIMO-17), fol...

August 11, 2026 No Responses

NADDC, NYSC Flag Off CNG Retrofitting Training For Corps Members

The National Automotive Design and Development Council (NADDC), in collaboration with the National Youth Service Corps (NYSC), has flagged off a Compressed Natural Gas (CNG) Retrofitting Training Programme for ...