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Saturday, 23 May 2026

City Business News

Nigeria Business News

May
2026 23 NIMC Reaffirms Commitment To Nigeria’s Digital Infrastructure Development

May
2026 23 Auto China 2026:Carloha Nigeria Bags Awards As Chery Demonstrates Safety Leadership

May
2026 23 NADDC, BPP Sign Policy Document To Strengthen Nigerian First Policy

May
2026 23 Jetour T2 Gets NCAP 5-Star Safety Rating, Targets Nigeria’s Tough Roads

May
2026 22 NLNG MD: Train 7 Project Driving Nigerian Content, Industrial Growth

Aviation

Nigeria, Airbus Explore Aircraft Maintenance Hub Partnership

Auto

Auto China 2026:Carloha Nigeria Bags Awards As Chery Demonstrates Safety Leadership

Metro

EFCC Arrests Ex-Power Minister, Saleh Mamman

Sports

Arsenal End Premier League Drought

NIMC Reaffirms Commitment To Nigeria’s Digital Infrastructure Development

The National Identity Management Commission (NIMC) has reaffirmed its commitment to developing a robust and inclusive Digital Public Infrastructure (DPI) ecosystem aimed at...

Auto China 2026:Carloha Nigeria Bags Awards As Chery...

Authorised dealer of Chery vehicles in Nigeria, Carloha Nigeria,has achieved a significant international milestone after winning two prestigious global awards at the 2026...

NADDC, BPP Sign Policy Document To Strengthen Nigerian...

The National Automotive Design and Development Council (NADDC) and the Bureau of Public Procurement (BPP), on Friday signed a Memorandum of Understanding (MoU)...

May 23, 2026 No Responses

NIMC Reaffirms Commitment To Nigeria’s Digital Infrastructure Development

The National Identity Management Commission (NIMC) has reaffirmed its commitment to developing a robust and inclusive Digital Public Infrastructure (DPI) ecosystem aimed at strengthening governance, improving service del...

May 23, 2026 No Responses

Auto China 2026:Carloha Nigeria Bags Awards As Chery Demonstrates Safety...

Authorised dealer of Chery vehicles in Nigeria, Carloha Nigeria,has achieved a significant international milestone after winning two prestigious global awards at the 2026 Chery Global Summit and Beijing International Aut...

May 23, 2026 No Responses

NADDC, BPP Sign Policy Document To Strengthen Nigerian First Policy

The National Automotive Design and Development Council (NADDC) and the Bureau of Public Procurement (BPP), on Friday signed a Memorandum of Understanding (MoU) aimed at strengthening the implementation of the Nigerian Fi...

May 23, 2026 No Responses

Jetour T2 Gets NCAP 5-Star Safety Rating, Targets Nigeria’s Tough...

Jetour has intensified competition in Nigeria’s growing Sports Utility Vehicle (SUV) market as its rugged T2 model officially secured the prestigious NCAP 5-Star safety rating — the highest recognition achievable in ...

May 21, 2026 No Responses

TINUBU APPOINTS PROF SEGUN AINA AS NEW JAMB REGISTRAR

President Bola Ahmed Tinubu has appointed Professor Segun Aina as the new Registrar of the Joint Admissions and Matriculation Board (JAMB), succeeding Professor Is-haq Oloyede, whose two-term tenure expires on July 31, 2...

May 15, 2026 No Responses

Again, SEC Warns Against Social Media Ponzi Scheme

The Securities and Exchange Commission (SEC) has warned Nigerians against investing in illegal online investment schemes being promoted across social media platforms, saying many of them exhibit characteristics of Ponzi ...

May 14, 2026 No Responses

Stock Market Investors Exchange N109.4b Shares On NGX

Investors on the Nigerian Exchange on Wednesday transacted 1.683 billion shares worth N109.438 billion in 76,557 transactions.This is compared with the previous session’s 2.027 billion shares valued at N87.709 billion ...

May 12, 2026 No Responses

Nigerian Equities Market Surpasses N160trn As Investors Gain N3.16trillion

The Nigerian equities market extended its bullish run on Monday, with market capitalisation crossing the N160 trillion mark as investors gained a combined N3.162 trillion.Market capitalisation rose by 2.01 per cent, clim...

close up of nigerian naira banknotes in detail

May 5, 2026 No Responses

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...

April 30, 2026 No Responses

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...

May 20, 2026 No Responses

Olokola Deep Seaport: Dangote Meets Host Communities

Ahead of the take-off of the Olokola Deep Seaport Project, a high-powered Dangote delegation led by the Managing Director, Infrastructure & Logistics, Dangote Industries Limited, Capt. Jamil Abubakar, has paid an adv...

May 19, 2026 No Responses

Minister Flags Off PMAWCA Mid-Year Board Meeting In Lagos

By ebosele@hotmail.com The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, on Monday flagged off the Mid-Year Session of the Board of Directors of the Port Management Association of West and Central Africa (...

May 18, 2026 No Responses

NIMASA Partners Hydrographic Agency To Boost Maritime Safety

The management of the Nigerian Maritime Administration and Safety Agency, NIMASA and the National Hydrographic Agency are exploring avenues to enhance the use and patronage of locally developed nautical charts and other ...

May 11, 2026 No Responses

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...

May 11, 2026 No Responses

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...

May 23, 2026 No Responses

Auto China 2026:Carloha Nigeria Bags Awards As Chery Demonstrates Safety...

May 23, 2026 No Responses

NADDC, BPP Sign Policy Document To Strengthen Nigerian First Policy

May 23, 2026 No Responses

Jetour T2 Gets NCAP 5-Star Safety Rating, Targets Nigeria’s Tough...

May 22, 2026 No Responses

Oyeyemi To Chair Motoring World @ 30, Osanipin Delivers Keynote...

Former Corps Marshal of the Federal Road Safety Corps and President/Chairman of Council of the Chartered Institute of Logistics and Transport (CILT) Nigeria, Dr. Boboye Olayemi Oyeyemi, will chair the forthcoming Motorin...

May 22, 2026 No Responses

NADDC, NCCE Strengthen Ties to Advance Automotive Skills Development

Speaking during the visit, Dr. Mrs. Angela Ajala expressed that the purpose of the meeting was to discuss ways of repositioning teacher education beyond conventional classroom teaching. She emphasized the importance of i...

May 22, 2026 No Responses

NLNG MD: Train 7 Project Driving Nigerian Content, Industrial Growth

Nigeria LNG Limited (NLNG) has described its Train 7 project as a major catalyst for Nigerian Content development and industrial growth in the country’s oil and gas sector.Managing Director and Chief Executive Officer ...

May 19, 2026 No Responses

NADDC, Sector Skills Council Unveil Training Manual On CNG, EVs

The National Automotive Design and Development Council (NADDC) has received members of the Automotive Sector Skills Council at its headquarters in Abuja as part of efforts to strengthen capacity development and standards...

May 7, 2026 No Responses

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...

May 6, 2026 No Responses

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 ...

May 4, 2026 No Responses

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...

May 21, 2026 No Responses

Photo News

ABC Transport Group founder, Mr. Frank Nneji (right), presents certificates to participants at the just-concluded Forland and TSS Motors specialised truck training for the technical team in Lagos

May 19, 2026 No Responses

Photo News

L-R: Chairman of Dangote Group, Alhaji Aliko Dangote; Managing Director, Nigerian Ports Authority and President of the Port Management Association of West and Central Africa (PMAWCA), Dr. Abubakar Dantsoho; Permanent Sec...

May 11, 2026 No Responses

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...

May 9, 2026 No Responses

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...

May 6, 2026 No Responses

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.

Tincan Island Port Customs Intercepts N16.694b Hard Drugs,...

The Nigeria Customs Service (NCS), Tincan Island Port Command in collaboration with the National Drug Law Enforcement Agency (NDLEA) has intercepted40-foot container loaded...

FRSC Begins Strategic Capacity Building For 305 Officers

The Corps Marshal of the Federal Road Safety Corps (FRSC), Shehu Mohammed, has launched a high-level national capacity building programme for 305 Chief...

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...

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...

April 17, 2026 No Responses

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 ...

May 21, 2026 No Responses

TINUBU APPOINTS PROF SEGUN AINA AS NEW JAMB REGISTRAR

May 5, 2026 No Responses

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...

April 25, 2026 No Responses

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...