Author: City BusinessNews

CBN Projects $1b Diaspora Reserve
September 10, 2025 No Responses

CBN Projects $1b Diaspora Reserve

The Central Bank of Nigeria (CBN) is targeting a diaspora reserve of $1billion by 2026.Dr Olayemi Cardoso, the Governor of CBN, said this at the 18th Annual Banking and Finance Conference organised by the Chartered Institute of Bankers of Nigeria...
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Alleged Sidelining, Marginalization Of Igbos In CGC’s Tenure Extension: Setting The Record Straight
September 10, 2025 No Responses

Alleged Sidelining, Marginalization Of Igbos In CGC’s Tenure Extension: Setting The Record Straight

By Okey IBEKE – President Bola Ahmed Tinubu had on July 30, 2025, extended by one year, the tenure of the Comptroller-General of Nigeria Customs Service, Adewale Bashiru Adeniyi, MFR, which would have expired on August 31, 2025.According to a...
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PHOTO NEWS:
September 10, 2025 No Responses

PHOTO NEWS:

Lagos State Governor, Babajide Sanwo-Olu (Right), on Tuesday, received the Director-General and CEO of the National Identity Management Commission (NIMC), Engr. (Dr.) Abisoye Coker-Odusote, on courtesy visit.In a post on his social media handle, the Governor s...
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Boat Mishaps: NIWA Reiterates Commitment To Safer Waterways
September 10, 2025 No Responses

Boat Mishaps: NIWA Reiterates Commitment To Safer Waterways

The National Inland Waterways Authority (NIWA), on Tuesday in Abuja, explained new measures to further strengthen safety and enforcement across Nigeria’s inland waterways.Briefing Journalists, the Managing Director, Mr. Bola Oyebamiji, reaffirmed the Authori...
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TUC Threatens Nationwide Strike
September 9, 2025 No Responses

TUC Threatens Nationwide Strike

The Trade Union Congress of Nigeria (TUC) has threatened to embark on a nationwide strike if the Federal Government fails to withdraw its proposed five per cent tax on petroleum products.Mr Festus Osifo, TUC President General, said this in a...
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NCDMB: Training Of Cadets To Boosts Nigeria’s Maritime Sector
September 9, 2025 No Responses

NCDMB: Training Of Cadets To Boosts Nigeria’s Maritime Sector

Capacity building for Nigeria’s maritime sector has received a boost in Port Harcourt, Rivers State, as 39 graduates conclude preliminary processes for cadetship under a Nigerian Content-Human Capacity Development NC-HCD programme of Chevron Nigeria Limited ...
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FG Urges NUPENG To Shelve Strike
September 8, 2025 No Responses

FG Urges NUPENG To Shelve Strike

The Federal Government has called on the National Union of Petroleum and Natural Gas Workers (NUPENG) to reconsider its decision to initiate a nationwide strike starting Monday, September 8, 2025.The dispute centres around the Dangote Group’s policy that all...
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NDLEA Impounds ₦5.3b Cocaine
September 8, 2025 No Responses

NDLEA Impounds ₦5.3b Cocaine

The National Drug Law Enforcement Agency (NDLEA) has dismantled an international organised criminal group (IOCG) with networks spanning Nigeria, the United Kingdom, Brazil, Australia, and the United Arab Emirates, arresting three kingpins and intercepting a co...
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NSCDC Recovers Railway Slippers, Transformer Cables
September 7, 2025 No Responses

NSCDC Recovers Railway Slippers, Transformer Cables

The Bauchi State Command of the Nigeria Security and Civil Defence Corps (NSCDC) has intercepted a Peugeot J5 vehicle loaded with vandalised railway slippers.The command also arrested two suspects for allegedly vandalising a transformer.The command’s spokesm...
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Dangote Trucks: IPMAN Backs NUPENG, To Shut Down Operations
September 7, 2025 No Responses

Dangote Trucks: IPMAN Backs NUPENG, To Shut Down Operations

The Independent Petroleum Marketers Association of Nigeria (IPMAN), Western Zone is to shut down operations from Monday, September 8, 2025 to protest what it described as attempts to monopolise the downstream sector.The resolution was reached on Saturday at a ...
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NDLEA Arrests 26 Suspects In Edo
September 6, 2025 No Responses

NDLEA Arrests 26 Suspects In Edo

THE National Drug Law Enforcement Agency (NDLEA), Edo Command, has arrested 26 suspected drug traffickers and seized about 41,410.53kg of narcotics.Mr Mitchell Ofoyeju, state Commander of the agency disclosed this on Friday in Benin City while presenting the m...
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Comptroller Salamatu Resumes At Port Harcourt Customs Area 1
September 6, 2025 No Responses

Comptroller Salamatu Resumes At Port Harcourt Customs Area 1

COMPTROLLER Salamatu Atuluku has assumed the leadership position of the Nigeria Customs Service Area 1, Port Harcourt, replacing Comptroller YM Hashim, who has been redeployed to import and Export unit of the Nigeria Customs Service Headquarters in Abuja.In an...
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Stock Market Investors Trade N90.3b Equities In Four Days
September 6, 2025 No Responses

Stock Market Investors Trade N90.3b Equities In Four Days

Stock market investors traded 3.117 billion shares worth N90.295 billion in 118,018 transactions on the Exchange during the week just ended.This compares with 3.199 billion shares valued at N85.399 billion exchanged last week in 142,477 deals.Consequently, the...
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Anxiety Over New Ebola Outbreak
September 5, 2025 No Responses

Anxiety Over New Ebola Outbreak

THE government of the Democratic Republic of the Congo (DRC) on Thursday declared a new outbreak of Ebola in the central province of Kasai, the country’s 16th since 1976.The development is generating anxiety within and outside the country.Health Minister Rog...
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