City BusinessNews

February 23, 2026 No Responses

Shippers’ Council Donates Dental Equipment To Apapa General Hospital

The Nigerian Shippers’ Council (NSC) has reaffirmed its commitment to corporate social responsibility and community development with a significant donation to General Hospital Apapa in Lagos.As part of efforts to foster healthy relationships within its host communities, the Council donated...

February 23, 2026 No Responses

Nigeria Defeats UK Firm In $6.2m Arbitration Case

Nigeria, through the Bureau of Public Procurement (BPP), has secured another major victory in a complex international arbitration, defeating claims brought by European Dynamics UK Ltd over a national e-procurement project.In a final ruling not subject to appea...

February 23, 2026 No Responses

SEC To Deepen Liquidity As Market Capitalisation Soars 125% To N123.9 Trillion

Nigeria’s capital market has recorded a remarkable 125 per cent growth in market capitalisation since April 2024, rising from about N55 trillion to over N123.93 trillion, the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Aga...

February 22, 2026 No Responses

Oyo/Osun Customs Boosts Intelligence Sharing With DSS, NDLEA, NAFDAC

The Ag. Customs Area Controller, Oyo/Osun Area Command, DC Moses Adewole, has reaffirmed his commitment to strengthening inter-agency cooperation through a series of courtesy visits to key security and regulatory agencies in Oyo State.A statement explained tha...

February 22, 2026 No Responses

NDDC To Sustain Niger Delta Games, Seeks States’ Support

The Managing Director of the Niger Delta Development Commission (NDDC), Dr. Samuel Ogbuku, has assured that the Niger Delta Games will be sustained, urging state governments in the region to partner with the Commission in sponsoring the sports fiesta.Ogbuku ga...

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 financing would support the second phase of the Fe...

February 21, 2026 No Responses

Customs Hands Over Seized Fuel Tankers To NMDPRA

The enforcement unit of the Nigeria Customs Service, Operation Whirlwind, has handed over three intercepted fuel tankers carrying a combined 154,000 litres of Premium Motor Spirit (PMS) to the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NM...

February 20, 2026 No Responses

CBN Seeks Coordinated Digital Payment Reforms At G-24 TGM 2026

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called for coordinated reforms in digital cross-border payments to drive inclusive growth, strengthen financial stability, and deepen global financial integration across developing economi...

February 20, 2026 No Responses

NIWA Seals Anti-Corruption Partnership To Boost Transparency

The National Inland Waterways Authority (NIWA) has announced new strategies aimed at improving its operational systems and enhancing collaboration with key stakeholders as part of efforts to boost efficiency, transparency and accountability across its operatio...

February 20, 2026 No Responses

NADDC, Stakeholders Brainstorm On Import Deletion Programme for Motorcycle, Tricycle Parts

The National Automotive Design and Development Council (NADDC) on Thursday in Lagos convened a stakeholders’ sensitization meeting on the implementation of the Import Deletion Programme for motorcycle and tricycle component parts in Nigeria.Addressing partic...

February 20, 2026 No Responses

Carloha Unveils Chery Himla Pickup In Nigeria, Offers 6-Year Warranty

Carloha Nigeria, the authorised dealer of Chery vehicles in Nigeria, on Thursday in Lagos officially unveiled the all-new Chery Himla pickup truck, marking the brand’s strategic entry into Nigeria’s highly competitive pickup segment.City Business News repo...

February 19, 2026 No Responses

Tinubu, German Chancellor Merz To collaborate On security, power

President Bola Tinubu and German Chancellor Friedrich Merz have resolved to improve bilateral relations between their two countries and to strengthen collaboration in the security, power, and railway sectors.In a telephone conversation on Wednesday afternoon, ...

February 19, 2026 No Responses

Tincan Island Customs Attains N145.9b Revenue In January

For the Month of January 2026, the Nigeria Customs Service (NCS), Tin Can Island Command, generated N145.9 billion.The Customs Area Comptroller (CAC), Frank Onyeka, who disclosed the figure while briefing Journalists in Lagos also explained plans to commence f...

February 18, 2026 No Responses

FG Re-Opens N800b Bonds For Subscription

The Debt Management Office (DMO) on behalf of the Federal Government (FG) has re-opened three FGN bonds valued at N800 billion for subscription at N1,000 per unit.According to a statement issued by the DMO, the first offer is a June...