Business – City Business News

April 2, 2026 No Responses

INEC Chairman Warns Against Procurement Law Breaches

The Chairman of the Independent National Electoral Commission (INEC), Joash O. Amupitan, SAN, has warned officials of the Commission that ignorance of the law will no longer be tolerated in procurement processes as preparations intensify for the 2027 General Election.Speaking...

April 2, 2026 No Responses

NSIB, Sierra Leone Seal Pact To Boost Aviation Safety

The Nigerian Safety Investigation Bureau (NSIB) and the Sierra Leone Aircraft Accident and Incident Investigation Bureau have signed a landmark agreement to deepen cooperation in aviation safety through enhanced data sharing, joint investigations, and structur...

April 2, 2026 No Responses

CBN Raises ₦4.65trn To Strengthen Financial System Resilience

THE Central Bank of Nigeria (CBN) has announced the successful conclusion of the banking sector recapitalisation programme initiated in March 2024.Over the 24 months, Nigerian banks raised a total of ₦4.65 trillion in new capital to strengthen the resilience...

April 2, 2026 No Responses

FRSC Boss Decorates 19 Assistant Corps Marshals, Others

The Corps Marshal of the Federal Road Safety Corps, Shehu Mohammed, has decorated 19 newly promoted Assistant Corps Marshals alongside Corps Commanders, following their elevation in the Corps’ 2026 promotion exercise.The decoration ceremony, which formally c...

April 1, 2026 No Responses

Falade Assumes Office As NLNG MD/CEO

Adeleye Falade has officially assumed office as the Managing Director and Chief Executive Officer of Nigeria LNG (NLNG) today, April 1, 2026, bringing with him nearly three decades of extensive experience across the global liquefied natural gas (LNG) and petro...

April 1, 2026 No Responses

NADDC, SON Unveil VehCAP To Boost Vehicle Safety, Standards

By ebosele@hotmail.com The National Automotive Design and Development Council (NADDC), in collaboration with the Standards Organisation of Nigeria (SON), on Tuesday launched the Vehicle Conformity Assessment Programme (VehCAP), a strategic initiative aimed at ...

April 1, 2026 No Responses

Customs Intercepts 14,875 Litres Of Petrol

By ebosele@hotmail.com Operation Whirlwind of the Nigeria Customs Service (NCS) has intercepted 14,875 litres of Premium Motor Spirit (PMS) also identified as petrol.Briefing Journalists on Tuesday in Lagos during the public auction at the Customs Training Col...

April 1, 2026 No Responses

Court Grants Final Forfeiture Of N3b, Properties Linked To NNPC Official

Justice J.O Abdulmalik of the Federal High Court sitting in Abuja on Tuesday, March 31, 2026 has granted the final forfeiture of N3,444,000.,000 ( Three Billion, Four hundred and Forty Four Million Naira) and three properties linked to Salihu Nuhu...

March 31, 2026 No Responses

NPA Targets N1.489tri Revenue For 2026

The Nigerian Ports Authority (NPA) has set N1.489 trillion as its Internally Generated Revenue (IGR) target for the 2026 fiscal year.The figure represents an increase of N21 billion over the N1.468 trillion target for 2025, which the agency exceeded with...

March 31, 2026 No Responses

NGX Amplifies Youth Financial Literacy With “Smart Money Talks”

Nigerian Exchange Limited (NGX) joined the global community in commemorating Global Money Week 2026, reaffirming its commitment to advancing financial literacy and equipping the next generation of investors.This year’s theme, “Smart Money Talks,” highlig...

March 30, 2026 No Responses

SEC DG Seeks Stakeholders’ Collaboration On Capital Market Devt

The Director-General of the Securities and Exchange Commission (SEC) Nigeria, Dr. Emomotimi Agama, has solicited the collaboration of all stakeholders in the nation’s financial system in its current regulatory drives aimed at fully exploring the potential of...

March 30, 2026 No Responses

Coscharis Board Charts Growth Path, Targets Stronger Value Delivery

By Moses Ebosele, ebosele@hotmail.com Members of the Board of Directors across all companies within the Coscharis Group have reaffirmed their commitment to delivering sustained value to stakeholders, following the conclusion of their annual strategy retreat he...

March 30, 2026 No Responses

Customs Boss Spotlights Female Officers’ Contributions At Surprise Event

The Comptroller-General of Customs, Adewale Adeniyi, has marked the 2026 International Women’s Day with a surprise appreciation event honouring female officers of the Nigeria Customs Service.The event, held at the Customs House in Maitama, Abuja, drew a ...

March 29, 2026 No Responses

Governors Celebrate Tinubu At 74

The Chairman of the South-West Governors Forum and Governor of Lagos State, Mr. Babajide Sanwo-Olu, has congratulated President Bola Tinubu on his 74th birthday anniversary, describing him as a patriotic and compassionate Leader.He described Tinubu as a vision...