City BusinessNews

August 12, 2025 No Responses

FG Disburses ₦5.12b To 90,689 Pensioners

The Federal Government has disbursed ₦5.12 billion in pension arrears to 90,689 retirees under the defined benefit scheme (DBS). The Pension Transitional Arrangement Directorate (PTAD) announced this on Monday, stating that it had finalised the disbursement of the funds to...

August 12, 2025 No Responses

Carloha Unveils Customer Protection Policy For Pre-Owned Vehicles

Carloha Nigeria has unveiled customer protection policy for its pre-owned vehicle division. Under the arrangement, every pre-owned vehicle purchased from Carloha now comes with a 7-day vehicle repair promise, a 3-month or 3,000 km warranty, and a&nbs...

August 11, 2025 No Responses

FG Pledges Speedy Completion Of Kaa-Ataba Bridge

The Federal Government (FG) through the Minister of Regional Development, Engr. Abubakar Momoh, has assured that the Niger Delta Development Commission, NDDC, will soon complete the 2-kilometre double-lane Kaa-Ataba Road with two bridges linking the Khana Loca...

August 11, 2025 No Responses

Photo News

Photo Caption: L-R: Aigboje Aig-Imoukhuede, Chairman of Access Holdings Plc; Terrance Drew, Prime Minister of St. Kitts & Nevis; Dickon Mitchell, Prime Minister of Grenada, and Prof. Bennedict Okey Oramah, outgoing President, African Export-Import Bank, at...

August 10, 2025 No Responses

Ibas Receives Minister, NDDC Team

The Rivers State Administrator, Vice Admiral (Rtd) Ibok-Ete Ibas, has commended the Niger Delta Development Commission, NDDC, for partnering with the State and citing key projects such as the ongoing Kaa-Ataba Bridge, linking Khana and Andoni Local Government ...

August 10, 2025 No Responses

NPA Concludes Retreat, Renew Performance Bond

The Nigerian Ports Authority (NPA) under the leadership of Managing Director, Dr. Abubakar Dantsoho, has concluded a two-day Management Retreat themed “Repositioning the Nigerian Ports System for Sustainability.”The retreat focused on reviewing and optimiz...

August 9, 2025 No Responses

R.T. Briscoe’s DMD Elected LCCI Auto Sectoral Group Chairman

A change of leadership within the Lagos Chamber of Commerce & Industry (LCCI) Auto & Allied Sub-sectoral Group was effected on Thursday, August 7, 2025 following the election of Dr Olurunfemi Abidemi Eguakhide as the new Chairman.The election of Dr....

August 9, 2025 No Responses

Minister Tasks NDDC On Performance

The Minister of Regional Development, Abubakar Momoh has urged the Management and staff of the Niger Delta Development Commission, NDDC, to consolidate on the successes recorded by the Commission in the past two years.Speaking during an interactive meeting bet...

August 8, 2025 No Responses

Police Recover 22 Stolen Vehicles

The Rivers State Police Command has dismantled a sophisticated interstate car theft syndicate, arresting 12 suspects and recovering 22 stolen vehicles. The syndicate, which operated across at least eight states in Nigeria, was uncovered following the September...

August 8, 2025 No Responses

NCAA To AGF, IGP: Prosecute Kwam 1

The Nigeria Civil Aviation Authority (NCAA) has petitioned the Attorney-General of the Federation (AGF), Lateef Fagbemi, and the Inspector-General of Police (IGP), Kayode Egbetokun, to prosecute Fuji musician Wasiu Ayinde, popularly known as K1 De Ultimate, ov...

August 7, 2025 No Responses

Egbin Power, Ikeja Electric, FIPL Not In Receivership, Says Management

The management of Egbin Power Plc, Ikeja Electric Plc (IE), and First Independent Power Limited (FIPL), on Wednesday denied media reports claiming the companies have been placed under receivership. In a statement issued on Wednesday, the companies described th...

August 7, 2025 No Responses

EFCC Arraigns Katsina Revenue Officials, First Bank Staff For Alleged N1.2b Fraud

The Kano Directorate of the Economic and Financial Crimes Commission, EFCC, on Tuesday, August 5, 2025 arraigned five officials of the Katsina State Board of Internal Revenue and one bank staff before Justice Musa Danladi of the Katsina State High...

August 6, 2025 No Responses

Tinubu Signs Insurance Reform Bill Into Law

President Bola Tinubu has assented to the Nigerian Insurance Industry Reform Bill 2025. Presidential spokesman, Bayo Onanuga, explained on Tuesday that the Act repealed and consolidated several outdated insurance laws into a single, modern legal framework. &nb...

August 6, 2025 No Responses

NADDC, BENUE TO SYNERGIZE ON YOUTH EMPOWERMENT.

The Honourable Member representing Otukpo/Ohimini Federal Constituency, Hon. David Ogada Ogewu, has called for strong collaboration between the National Automotive Design and Development Council (NADDC) and Benue State towards youth empowerment through technic...