30.23_℃Lagos

Saturday, 14 March 2026

City Business News

Nigeria Business News

Mar
2026 14 United Nigeria Airlines Partners ABUAD On Aviation Engineers’ Training

Mar
2026 14 NIMASA Promotes Greater Inclusion Of Women In Maritime Sector

Mar
2026 14 Deap Capital Unveils Recapitalisation Agenda, Strategic Investor Deal

Mar
2026 13 Court Orders Interim Forfeiture Of N1.3b Hotel

Mar
2026 13 Tinubu Approves Presidential Taskforce On Petroleum Sector Reforms

Aviation

United Nigeria Airlines Partners ABUAD On Aviation Engineers’ Training

Auto

Auto Journalists Laud Tinubu’s Directive on 100,000 CNG Conversion Kits

Metro

Court Orders Interim Forfeiture Of N1.3b Hotel

Sports

Real Madrid Dominate Man City As Champions League Round of 16 Delivers Drama

United Nigeria Airlines Partners ABUAD On Aviation Engineers’...

By ebosele@hotmail.com. — The first batch of 400-level Avionics Engineering students from Afe Babalola University has commenced a six-month Student Industrial Work Experience...

NIMASA Promotes Greater Inclusion Of Women In Maritime...

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dayo Mobereola, has reaffirmed the agency’s commitment to promoting greater participation of...

Deap Capital Unveils Recapitalisation Agenda, Strategic Investor Deal

Deap Capital Management & Trust Plc has unveiled plans to strengthen its financial position through a capital raising programme, debt restructuring and the...

March 13, 2026 No Responses

Court Orders Interim Forfeiture Of N1.3b Hotel

Justice A.O. Owoeye of the Federal High Court sitting in Ikoyi, Lagos, on Wednesday, March 12, 2026, ordered the interim forfeiture of a hotel, Responsible Leaders Hotel, linked to Edward Olutoke, Managing Director, Ikej...

March 13, 2026 No Responses

Tinubu Approves Presidential Taskforce On Petroleum Sector Reforms

President Bola Ahmed Tinubu has approved the establishment of a Presidential Petroleum Reform and Value Optimisation Taskforce to design and coordinate the next phase of structural reforms in Nigeria’s petroleum sector...

March 13, 2026 No Responses

NLNG Empowers Journalists At ‘Change Your Story Workshop’

NLNG has demonstrated its dedication to media development in Nigeria through the successful completion of the second edition of the #NLNGChangeYourStory workshop for 2026, which took place in Lagos.The workshop convened ...

March 13, 2026 No Responses

Delta Partners NDDC, Chevron On Omadino-Escravos Road

The Delta State Governor, Sheriff Oborevwori, has reaffirmed his administration’s commitment to collaborate with the Niger Delta Development Commission, NDDC, and Chevron Nigeria Limited on the 70.75 km Omadino-Okerenk...

March 13, 2026 No Responses

NSW Secretariat Rallies Stakeholders Ahead Of System Rollout

As Nigeria prepares for a major transformation in the way trade is conducted, the National Single Window (NSW) Secretariat, in collaboration with the Nigeria Customs Service, has intensified nationwide stakeholder engage...

March 14, 2026 No Responses

Deap Capital Unveils Recapitalisation Agenda, Strategic Investor Deal

Deap Capital Management & Trust Plc has unveiled plans to strengthen its financial position through a capital raising programme, debt restructuring and the introduction of a strategic investor as part of efforts to r...

March 11, 2026 No Responses

Tinubu nominates Lamido Abubakar Yuguda As CBN Deputy Governor

President Bola Ahmed Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria, subject to confirmation by the Senate.The appointment is in accordance with Section 8(...

March 11, 2026 No Responses

Stock Market Drops As Investors Lose N726b

The Nigerian stock market closed on a negative note on Tuesday, reversing gains recorded in the previous trading session as investors lost N726 billion in market value.The downturn ended a three-day bullish streak in the...

March 11, 2026 No Responses

SEC Unveils First Regulator–FinTech Clinic To Strengthen Innovation, Investor Protection

The Securities and Exchange Commission (SEC) has launched its inaugural Regulator–FinTech Clinic as part of efforts to deepen engagement with Nigeria’s rapidly expanding financial technology ecosystem while promoting...

March 10, 2026 No Responses

Conoil, Omatek, Oando Lift Stock Market With N147b

The Nigerian stock market opened the week on a positive note on Monday, with investors gaining N147 billion as market capitalisation climbed to N126.583 trillion.The gain was driven by sustained demand for stocks such as...

March 14, 2026 No Responses

NIMASA Promotes Greater Inclusion Of Women In Maritime Sector

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dayo Mobereola, has reaffirmed the agency’s commitment to promoting greater participation of women in Nigeria’s maritime sector...

March 13, 2026 No Responses

NPA Port Modernisation, NSW As Catalysts For Economic Growth

The maritime sector in Nigeria, the gateway through which over 80 per cent of the nation’s international trade flows, is undergoing a sweeping transformation, which is being midwifed by the Managing Director of the Nig...

March 10, 2026 No Responses

Customs Commissions Data Analytics Centre At Apapa Port

The Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, has commissioned a Data Analytics Centre and inspected a newly installed Drive-Through Scanner at Apapa Port as part of efforts to enh...

March 10, 2026 No Responses

Apapa Port: Customs Intercepts 13 Containers Of Expired Pharmaceuticals, N6.3b...

The Nigeria Customs Service (NCS), Apapa Port command has Impounded 13 containers of contrabands with a duty paid value (DPV) of N6.38 billion.The seized items Includes expired pharmaceutical products, illicit drugs, as ...

March 9, 2026 No Responses

National Single Window Secretariat Engages Customs Officers In Lagos

Ahead of the phase one launch of the National Single Window (NSW) scheduled for March 27, 2026, the secretariat has commenced a sensitization drive for officers of the Nigeria Customs Service (NCS) in Lagos.The landmark ...

March 12, 2026 No Responses

Auto Journalists Laud Tinubu’s Directive on 100,000 CNG Conversion Kits

The Association of African Automotive Journalists (AAAJ) has commended Nigeria’s President, Bola Ahmed Tinubu, for directing the immediate rollout of 100,000 Compressed Natural Gas (CNG) conversion kits across the coun...

March 11, 2026 No Responses

NADDC, NMDPRA Strengthen Partnership

The National Automotive Design and Development Council (NADDC) on Tuesday paid a courtesy visit to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) headquarters in Abuja as part of efforts to...

March 9, 2026 No Responses

Jetour Targets Nigeria’s Urban SUV Buyers With X50

Jetour Nigeria is currently disrupting the compact Sports Utility Vehicle (SUV) segment with the X50 model.The Jetour X50 boasts of a feature-rich compact SUV, designed to deliver a high level of safety, technology and c...

March 5, 2026 No Responses

Nigeria Army Unveils Locally-Made Combat Vehicles

The Nigerian Army on Wednesday in Kaduna unveiled locally made Vanquisher Light Combat Vehicles.Speaking at the event, the Chief of Army Staff, Waidi Shaibu commended the production of the Vehicles, describing it as a ma...

February 27, 2026 No Responses

Mikano Motors, Autochek Africa Seal New Vehicle Financing Deal

By Moses Ebosele, ebosele@hotmail.com Mikano Motors, on Friday, in Lagos, sealed a strategic auto financing deal with Autochek Africa, Nigeria’s leading digital automotive and financing platform.City Business News repo...

March 13, 2026 No Responses

Tinubu Approves Presidential Taskforce On Petroleum Sector Reforms

March 13, 2026 No Responses

NLNG Empowers Journalists At ‘Change Your Story Workshop’

March 11, 2026 No Responses

NADDC, NMDPRA Strengthen Partnership

March 11, 2026 No Responses

Tinubu Orders Deployment Of 100,000 CNG Conversion Kits

President Bola Tinubu has directed the Presidential Initiative on Compressed Natural Gas (PiCNG) to deploy about 100,000 vehicle conversion kits nationwide.The directive is aimed at expanding access to Compressed Natural...

March 10, 2026 No Responses

Ikeja Electric Champions Women’s Growth Through Service

Ikeja Electric (IE) has joined the global community to celebrate International Women’s Day (IWD) 2026, reaffirming its commitment to gender inclusion, mentorship, and the advancement of women within the organisation an...

March 7, 2026 No Responses

NAHCO’s Group Executive Director Bags Award

In recognition of his global peace-building efforts, NAHCO’s Group Executive Director, Commercial and Business Development, Prince Saheed Lasisi, has been awarded an International Eminent Peace Ambassador by the In...

March 5, 2026 No Responses

Photo News

The Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso (second from left) flanked by the Deputy Governor (Economic Policy), Central Bank of Nigeria (CBN), Dr. Muhammad Sani Abdullahi, the Executive Secretary, So...

March 3, 2026 No Responses

Photo News

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso (left), and the Minister of Finance and Co-ordinating Minister of the Economy, Mr. Wale Edun, after a strategic meeting at the CBN Head Office, Abuja...

March 3, 2026 No Responses

Photo News

The Area Commander (Area E Command) of the Nigeria Police, FESTAC, ACP Chike Otti, speaking at the awards ceremony. With him are ABC Transport GMD, Jude Nneji (l), and the DPO, FESTAC Police station, Bakare Ibrahim

February 28, 2026 No Responses

Photo News

L-R: Managing Director/CE, Total Energies EP Nigeria, Matthieu Bouyer; Managing Director, Total Energies Marketing Nigeria; Wilfred Konde; President Exploration and Production, Total Energies; Nicolas Terraz; President/C...

NAF, NIGCOMSAT Deepen Strategic Partnership

The Chief of the Air Staff (CAS), Air Marshal Sunday Kelvin Aneke, has reaffirmed the Nigerian Air Force’s commitment to leveraging advanced technology...

2027 Elections: NAF Assures INEC Of Airlift, Surveillance...

The Chief of the Air Staff, Air Marshal Sunday Kelvin Aneke, has assured the Independent National Electoral Commission (INEC) of the Nigerian Air...

CAS SEEKS EXPANDED TETFUND SUPPORT

The Chief of the Air Staff (CAS), Air Marshal Sunday Kelvin Aneke, has advocated expanded support from the Tertiary Education Trust Fund (TETFund)...

March 1, 2026 No Responses

Nigeria Ramps Up Awareness On GMO Seed Safety

THE National Biosafety Management Agency (NBMA) has sensitised farmers and key stakeholders on the safety and benefits of Genetically Modified Organism (GMO) seeds to enhance agricultural productivity and food ...

February 21, 2026 No Responses

AfDB Approves $200m To Boost Agriculture In Nigeria

The Board of Directors of the African Development Bank (AfDB) has approved$200million loan to scale up priority agricultural investments in Nigeria.In a statement posted on its website, AfDB explained that the ...

February 16, 2026 No Responses

Institute Warns of Health Risks From Fabricated Grinding Machines

The Federal Institute of Industrial Research, Oshodi (FIIRO), Lagos, has raised concerns over rising cases of organ failure and cardiovascular diseases in Nigeria, linking them to the consumption of foods proce...

March 10, 2026 No Responses

CAS SEEKS EXPANDED TETFUND SUPPORT

The Chief of the Air Staff (CAS), Air Marshal Sunday Kelvin Aneke, has advocated expanded support from the Tertiary Education Trust Fund (TETFund) to further strengthen research, innovation, and human capital d...

March 10, 2026 No Responses

Tantita, Zaine Energy Begins Support Scheme In Delta Schools

Tantita Security Services Nigeria Limited (TSSNL), in partnership with Zaine, has commenced the Tantita–Zaine Energy CSR Educational Support Scheme aimed at supporting pupils in public primary schools with es...

March 3, 2026 No Responses

FG Approves N48b For 12 Varsities’ Engineering Upgrade

The Federal Government has approved N48 billion to 12 Universities for engineering upgrades across the country.Minister of Education, Dr. Tunji Alausa, disclosed this on Monday at the inauguration of the Implem...