Category: Economy

NADDC, CedricMasters Strengthens Automotive Ties with China As JIM-Isuzu Signs Collaboration Agreement
May 30, 2026 No Responses

NADDC, CedricMasters Strengthens Automotive Ties with China As JIM-Isuzu Signs Collaboration Agreement

Nigeria’s drive toward automotive industrialization received a significant boost this week as the Director-General of the National Automotive Design and Development Council (NADDC), Joseph Oluwemimo Osanipin, held high-level discussions with Jiangling Motors Group Co. Ltd. (JMCG) in Nanchang, China, aimed...
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S&P Upgrades Nigeria, Cites Dangote Refinery
May 25, 2026 No Responses

S&P Upgrades Nigeria, Cites Dangote Refinery

Nigeria’s economic outlook has received a major boost as global ratings agency, S&P Global Ratings, upgraded the country’s long-term foreign and local currency sovereign credit ratings to “B” from “B-”, citing stronger economic growth, improved...
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Auto China 2026:Carloha Nigeria Bags Awards As Chery Demonstrates Safety Leadership
May 23, 2026 No Responses

Auto China 2026:Carloha Nigeria Bags Awards As Chery Demonstrates Safety Leadership

Authorised dealer of Chery vehicles in Nigeria, Carloha Nigeria,has achieved a significant international milestone after winning two prestigious global awards at the 2026 Chery Global Summit and Beijing International Automotive Exhibition held in China.The com...
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NADDC, BPP Sign Policy Document To Strengthen Nigerian First Policy
May 23, 2026 No Responses

NADDC, BPP Sign Policy Document To Strengthen Nigerian First Policy

The National Automotive Design and Development Council (NADDC) and the Bureau of Public Procurement (BPP), on Friday signed a Memorandum of Understanding (MoU) aimed at strengthening the implementation of the Nigerian First Policy in the automotive sector.Spea...
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Jetour T2 Gets NCAP 5-Star Safety Rating, Targets Nigeria’s Tough Roads
May 23, 2026 No Responses

Jetour T2 Gets NCAP 5-Star Safety Rating, Targets Nigeria’s Tough Roads

Jetour has intensified competition in Nigeria’s growing Sports Utility Vehicle (SUV) market as its rugged T2 model officially secured the prestigious NCAP 5-Star safety rating — the highest recognition achievable in global crash safety and avoidance techno...
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NADDC Boss Harps On Strong Aftersales Ecosystem
May 14, 2026 No Responses

NADDC Boss Harps On Strong Aftersales Ecosystem

The Director-General of the National Automotive Design and Development Council (NADDC), Oluwemimo Joseph Osanipin, has emphasized the critical role of aftersales services in building a sustainable and globally competitive automotive industry in Nigeria and acr...
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Pioneer Airlines Secures NCAA Air Operator Certificate
May 14, 2026 No Responses

Pioneer Airlines Secures NCAA Air Operator Certificate

The Nigeria Civil Aviation Authority (NCAA), on Wednesday formally granted an Air Operator Certificate (AOC) to Pioneer Airlines Limited to commence non-scheduled flight operations following successful completion of the five-phase certification process.Speakin...
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NADDC DG Praises JIM Isuzu Pick-Up Quality During WAAS Visit
May 14, 2026 No Responses

NADDC DG Praises JIM Isuzu Pick-Up Quality During WAAS Visit

The Director-General, National Automotive Design and Development Council, (NADDC), Joseph Oluwemimo Osanipin, has lauded the quality, durability, comparative affordability and local market suitability of the JIM Isuzu Pickup vehicles.Speaking during a tour of ...
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Jetour X70 Plus Sets New Standard With Safety, Comfort Features
May 11, 2026 No Responses

Jetour X70 Plus Sets New Standard With Safety, Comfort Features

The Jetour X70 Plus is redefining expectations in Nigeria’s competitive Sports Utility Vehicle (SUV) market with a blend of advanced safety systems, premium comfort features and strong performance credentials designed to enhance the driving experience.Positi...
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Transport, Logistics In Focus As Oyeyemi Delivers City Business News 10th Anniversary Lecture
May 10, 2026 No Responses

Transport, Logistics In Focus As Oyeyemi Delivers City Business News 10th Anniversary Lecture

The Publisher of City Business News Online, Mr Moses Ebosele, has announced plans to commemorate the organisation’s 10th anniversary with a high-level lecture scheduled for Thursday, June 25, 2026, at Rockview Hotels, Apapa, Lagos by 10:00am.Speaking ahead o...
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Ita Resumes As Acting Area Controller, Ondo/Ekiti Command
May 10, 2026 No Responses

Ita Resumes As Acting Area Controller, Ondo/Ekiti Command

The Ondo/Ekiti Area Command of the Nigeria Customs Service (NCS) has welcomed Deputy Comptroller of Customs (DC), Patience Ita as the new Acting Customs Area Controller (CAC), following the retirement of Comptroller Queen Obazee.The development was disclosed i...
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Tinubu Woos Investors In Paris, Reaffirms Commitment To Transparency, Reforms
May 6, 2026 No Responses

Tinubu Woos Investors In Paris, Reaffirms Commitment To Transparency, Reforms

President Bola Ahmed Tinubu has met with top global investors in Paris, Paris, reiterating his administration’s commitment to transparency, fiscal discipline, and sustained economic reforms aimed at stabilising Nigeria’s economy.At the high-level meeting, ...
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NADDC, RMRDC Deepen Collaboration to Boost Local Content in Automotive Sector
May 5, 2026 No Responses

NADDC, RMRDC Deepen Collaboration to Boost Local Content in Automotive Sector

The National Automotive Design and Development Council (NADDC), led by its Director General, Otunba Oluwemimo Joseph Osanipin, has held a strategic meeting with the Director General of the Raw Materials Research and Development Council (RMRDC), Prof. Nnayelugo...
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Tinubu Nominates Tegbe As Minister Of Power
April 30, 2026 No Responses

Tinubu Nominates Tegbe As Minister Of Power

President Bola Ahmed Tinubu has nominated Mr Joseph Olasunkanmi Tegbe as Minister of Power, subject to confirmation by the Senate.The nomination has been transmitted to the Senate for screening and confirmation in accordance with the Constitution.The nominatio...
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