25.82_℃Lagos

Friday, 24 July 2026

City Business News

Nigeria Business News

Jul
2026 24 NADDC Sensitises Auto Dealers On Registration Portal In Lagos

Jul
2026 24 Dangote Refinery completes $2.5b Private Equity Placement

Jul
2026 24 Eleven Poets Jostle For $100,000 Nigeria Prize For Literature

Jul
2026 23 EFCC Hands Over Recovered N108m To Firm

Jul
2026 23 Tinubu Approves Army Expansion To 12 Divisions, Recruitment Of 28,000 Personnel

Aviation

Nigeria Inaugurates Steering Committee To Drive Green Aviation

Auto

NADDC Sensitises Auto Dealers On Registration Portal In Lagos

Metro

EFCC Hands Over Recovered N108m To Firm

Sports

Spain Lifts Second FIFA World Cup Title Since 2010

NADDC Sensitises Auto Dealers On Registration Portal In...

The National Automotive Design and Development Council (NADDC) has reaffirmed its commitment to transforming Nigeria’s automotive industry through digital innovation with the commencement...

Dangote Refinery completes $2.5b Private Equity Placement

Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has successfully completed a landmark Private Equity Placement that raised approximately $2.5 billion in new equity,...

Eleven Poets Jostle For $100,000 Nigeria Prize For...

Eleven outstanding poetry collections have emerged on the longlist of The Nigeria Prize for Literature, selected from 223 received for the competition.The announcement,...

July 23, 2026 No Responses

EFCC Hands Over Recovered N108m To Firm

The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, on Wednesday, July 22, 2026, handed over the sum of N108 million to a company, Greenwich Planet Sun King Nigeria Limited, in Lagos.The ...

July 23, 2026 No Responses

Tinubu Approves Army Expansion To 12 Divisions, Recruitment Of 28,000...

President Bola Ahmed Tinubu, GCFR, Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria, has approved the expansion of the Nigerian Army’s structure from eight to twelve divisions.This approval und...

July 23, 2026 No Responses

Blessing Computers Highlights 20 Years Of Customer-Focused ICT Solutions

For more than 20 years, Blessing Computers Limited has continued to build a reputation as one of Nigeria’s trusted technology solution providers, delivering genuine ICT products, infrastructure solutions and depend...

July 23, 2026 No Responses

NCDMB, Chevron, Tomba Strengthen Local Capacity with Storage Tank Training

By ebosele@hotmail.com The Nigerian Content Development and Monitoring Board (NCDMB), in collaboration with Chevron Nigeria Limited (CNL) and Tomba Resources Nigeria Limited (TRNL), has commenced the Nigerian Content Hum...

July 23, 2026 No Responses

Strengthening National Identity Management Through Strategic Partnerships

By Kayode Adegoke The National Identity Management Commission (NIMC), led by Director General/CEO, Engr. Abisoye Coker-Odusote, is actively building strategic partnerships across Ministries, Departments, and Agencies (MD...

July 20, 2026 No Responses

CSCS Declares First Ever Interim Dividend

The Board of Directors, Central Securities Clearing System (CSCS) Plc has approved an interim dividend of ₦1.00 per ordinary share for the six months ended 30 June 2026, marking the first interim dividend in the Compan...

July 18, 2026 No Responses

ABC Transport Boosts Group-Wide Fleet Renewal With 2026 Luxury Coaches

ABC Transport Plc, Nigeria’s foremost provider of premium intercity transportation and integrated logistics services, has officially launched a comprehensive Group-wide Fleet Renewal Programme with the arrival of t...

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 22, 2026 No Responses

PTML Customs Unveils MIS File Tracker To Boost Digital Transformation

By ebosele@hotmail.com The Nigeria Customs Service (NCS) has taken another significant step in its digital transformation journey with the official launch of the Management Information System (MIS) File Tracker at the PT...

July 22, 2026 No Responses

TransQuest Symposium To Drive Dialogue On Nigeria’s Blue Economy Future

Leading figures in Nigeria’s maritime, Customs and transport sectors will converge in Lagos on Saturday, July 25, 2026, for the TransQuest Anniversary Transport Development Symposium and Awards, where stakeholders ...

July 22, 2026 No Responses

SIFAX Group Tasks Young Nigerians To Shape Africa’s Blue Economy...

SIFAX Group has challenged young Nigerians to take the lead in shaping the future of the country’s maritime industry, stressing that the nation’s ambition to emerge as Africa’s blue economy hub depends largely on a...

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 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 24, 2026 No Responses

NADDC Sensitises Auto Dealers On Registration Portal In Lagos

The National Automotive Design and Development Council (NADDC) has reaffirmed its commitment to transforming Nigeria’s automotive industry through digital innovation with the commencement of the South- West Zone of...

July 21, 2026 No Responses

Jetour Nigeria Unveils RELY R8 Premium Pickup For Rugged Performance,...

Jetour Nigeria has expanded its product lineup with the launch of the RELY R8, a premium pickup truck designed to combine rugged off-road capability with advanced technology and SUV-level comfort for the Nigerian market....

July 21, 2026 No Responses

Jetour Nigeria Strengthens Market Dominance, Wins Auto Brand Of The...

Jetour Nigeria has emerged Auto Brand of the Year at the 12th Nigeria Transport Lecture and Awards hosted by Transport Day Media in Lagos.The high-profile event gathered top-tier stakeholders from the transport, logistic...

July 18, 2026 No Responses

ABC Transport Boosts Group-Wide Fleet Renewal With 2026 Luxury Coaches

July 17, 2026 No Responses

NADDC Automotive Training Centre Graduates 100 Trainees In Kebbi

The National Automotive Design and Development Council (NADDC) has commissioned the NADDC Automotive Training Centre (ATC) in Birnin Kebbi, Kebbi State, and graduated 100 participants of the NADDC/Padson Group Nigeria Li...

July 24, 2026 No Responses

Dangote Refinery completes $2.5b Private Equity Placement

Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has successfully completed a landmark Private Equity Placement that raised approximately $2.5 billion in new equity, following a highly successful offering.City Bu...

July 23, 2026 No Responses

NCDMB, Chevron, Tomba Strengthen Local Capacity with Storage Tank Training

July 22, 2026 No Responses

PTD Faults NAFDAC On Diesel-In-Edible Oil Tanker Claims

The Petroleum Tanker Drivers (PTD) Branch of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has dismissed reports alleging that two tankers designated for transporting edible vegetable oil were intercept...

July 22, 2026 No Responses

31 Firms Secure 37 Oil, Gas Blocks

By ebosele@hotmail.com No fewer than 31 companies have emerged successful bidders for 37 oil and gas blocks following the conclusion of Nigeria’s 2025 Licensing Round held at the Transcorp Event Centre, Abuja, on J...

July 21, 2026 No Responses

Nigeria Inaugurates Steering Committee To Drive Green Aviation

By ebosele@hotmail.com – Nigeria has officially launched its Sustainable Aviation Fuel (SAF) Programme, marking a major milestone in the country’s drive to decarbonise the aviation sector and position itself ...

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...

Tinubu Approves Army Expansion To 12 Divisions, Recruitment...

President Bola Ahmed Tinubu, GCFR, Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria, has approved the expansion of the Nigerian...

NIWA, NSIB Forge Alliance To Curb Boat Accidents

The National Inland Waterways Authority (NIWA) and the Nigeria Safety Investigation Bureau (NSIB) have pledged to collaborate as part of measures to enhance...

FRSC Recovers Two Suspected Stolen Vehicles Through NVIS

The Federal Road Safety Corps (FRSC) has recorded another major breakthrough in the fight against vehicle-related crimes with the recovery of two suspected...

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...

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 ...

July 24, 2026 No Responses

Eleven Poets Jostle For $100,000 Nigeria Prize For Literature

Eleven outstanding poetry collections have emerged on the longlist of The Nigeria Prize for Literature, selected from 223 received for the competition.The announcement, by the chairman of the Advisory Board for...

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...