City BusinessNews

August 31, 2025 No Responses

African Automotive Journalists VP, Trevor Lamenya, Laid To Rest

The late Vice President of the Association Of African Automotive Journalists (AAAJ) Trevor Lamenya was laid to rest on Saturday, August 30, 2025 in his hometown, Lusaala Hill, Vigina village, Kidundu Sub-Location, in Vihiga County, Western part of Kenya.Trevor Lamenya,...

August 30, 2025 5 Responses

GTCO Increases GTBank’s Paid-Up Capital To ₦504b

Guaranty Trust Holding Company Plc, on Friday announced that it has increased its investment in its wholly owned Banking subsidiary, Guaranty Trust Bank Limited (GTBank) to ₦504 billion through a rights issue subscription for 6,994,050,290 ordinary shares of...

August 30, 2025 No Responses

Another Boat Mishap In Sokoto

Fresh boat mishap in Shagari Local Government Area of Sokoto State has claimed several lives.The accident happened on Thursday and is third boat mishap in just one month, sparking renewed concerns about safety on its waterways.Special Adviser to Governor Ahmed...

August 29, 2025 17 Responses

Shippers’ Council Boss Congratulates Dantsoho On Election As IAPH Vice President

The Nigerian Shippers’ Council (NSC) has extended heartfelt congratulations to Dr. Abubakar Dantsoho, Managing Director, Nigerian Port Authority(NPA) on his election as Vice President (Africa) of the International Association of Ports and Harbours (IAPH).The...

August 29, 2025 No Responses

Three Finalists of The Nigeria Prize For Literature 2025 Emerge

The Advisory Board, The Nigeria Prize for Literature, on Thursday unveiled the shortlist of three.The shortlisted novels, in no particular order, are:Sanya by Oyin Olugbile,The Road to the Country by Chigozie Obioma andThis Motherless Land by Nikki MayOne of t...

August 29, 2025 No Responses

Chery Tiggo 8 Pro Takes Centre Stage At Oluyole Golf Tournament

Carloha Nigeria, the exclusive franchise holder and assembler of Chery vehicles in Nigeria has reaffirmed its commitment to sports development in the country.The fast growing company reaffirmed it’s commitment during the Oluyole Golf Tournament, held at ...

August 28, 2025 11 Responses

FG Seals Illegal Mining Site

The Federal Government (FG) through the Minister of Solid Minerals Development, Dele Alake has directed the Mining Marshals to shut down an illegal gold mining site in the Gwagwalada area of the Federal Capital Territory (FCT).The directive followed reports of...

August 28, 2025 No Responses

MG T60 Pick-Up Displays Strength, Style

With bold styling, robust engineering, and off-road mastery, the MG T60 is perfectly crafted for Nigeria’s diverse landscapes—whether navigating the hustle of city streets, the rough edges of rural roads, or the uncharted paths of construction and explorat...

August 27, 2025 No Responses

Nigeria Bans Raw Shea Nut Export

President Bola Tinubu has approved an immediate six-month ban on the export of raw shea nut as part of measures to curb informal trade, boost domestic processing, and protect Nigeria’s shea industry.The temporary suspension, subject to review at the end...

August 27, 2025 No Responses

Stock Market Sustains Growth, Attains N203b Gain

The Nigerian stock market continued on a positive note on Tuesday, recording N203 billion gain.The market activity was driven by demand for equities such as NCR Nigeria, Berger Paints, Beta Glass, Cadbury and 23 other stocks.Specifically, the Nigerian Exchange...

August 27, 2025 No Responses

NPA Boss Elected Vice-President Of Global Ports Body

Dr. Abubakar Dantsoho, Managing Director of the Nigerian Ports Authority (NPA), has been elected Vice-President for Africa of the International Association for Ports & Harbours (IAPH), further cementing Nigeria’s growing influence in global maritime affa...

August 26, 2025 one Response

Afriland Properties Shareholders Get N178.6m Interim Dividend

For the half-year ended June 30, AFRILAND Properties Plc has paid an interim dividend of 13 kobo per share to it’s shareholders, amounting to N178.6 million.Speaking on the development, Mr Emmanuel Nnorom, Chairman of the Board, said, “The interim divi...

August 26, 2025 No Responses

Renaissance Energy Joins IOGP

RENAISSANCE Africa Energy Company Limited has joined the International Association of Oil & Gas Producers (IOGP).Renaissance, a consortium of indigenous energy firms that acquired onshore and shallow water oil blocks hitherto operated by Shell Petroleum De...

August 26, 2025 No Responses

FG Unveils Automotive Training Centre In Lagos

As part of measures to lift Nigeria’s automotive industry, the Federal Government (FG), through the National Automotive Design and Development Council (NADDC), has commissioned a state-of-the-art Automotive Training Centre at the Lagos State University of Sc...