Business – City Business News

April 18, 2026 No Responses

NIMASA, US Coast Guard Strengthen Collaboration On Port Security

The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its commitment to enhancing port security in line with global standards, as the United States Coast Guard (USCG) continues to provide technical support to boost compliance with the International Ships...

April 18, 2026 No Responses

Customs Impounds 64,410 Litres Of Petrol

THE Nigeria Customs Service (NCS) has Impounded 64,410 liters of petrolworth N93,029,800 in Adamawa State within six weeks under Operation Whirlwind, Zone ‘D’ Axis.The National Coordinator of Operation Whirlwind, Mr Abubakar Aliyu, disclosed this at a news...

April 17, 2026 No Responses

ESM, AfDB Seal Financial Stability MoU

The European Stability Mechanism (ESM) and the African Development Bank Group (AfDB) on Thursday signed a Memorandum of Understanding (MoU) to formalise and strengthen cooperation between the two institutions.The agreement was signed on the sidelines of the 20...

April 17, 2026 No Responses

Nigeria Begins ICAO Validation Mission

Nigeria has commenced the International Civil Aviation Organization (ICAO) Coordinated Validation Mission (ICVM) aimed at strengthening its aviation safety oversight capabilities, with the exercise running from April 15 to 22, 2026.Speaking at the opening sess...

April 16, 2026 No Responses

Shippers’ Council Tasks Port Operators On Efficiency, Maritime Hub Goal

The Chairman of the Nigerian Shippers’ Council (NSC) Governing Board, Shehu Shema, has urged port service providers to intensify efforts toward positioning Nigeria as a leading maritime hub in the region.Shema made the call during a courtesy visit by members...

April 16, 2026 No Responses

Dantsoho: Oyetola, Reforms Spur Maritime Growth

The Managing Director and Chief Executive Officer of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has attributed the transformation of the nation’s maritime sector to the impact of the Minister of Marine and Blue Economy, Dr Adegboyega Oyetola ...

April 16, 2026 No Responses

Photo News

The President/Chief Executive of Dangote Industries Limited, Aliko Dangote (right) presenting a souvenir to the President of World Bank Group, Mr. Ajay Banga during a meeting in his office on Thursday at the side of the IMF/WBG Spring Meetings in...

April 16, 2026 No Responses

NLNG Disburses ₦250m Grants At 2026 VIBES Pitch-A-Thon Finale

NLNG has disbursed ₦250 million in grants to 51 entrepreneurs following the conclusion of its 2026 Vocational Innovation and Business Empowerment Scheme (VIBES), which commenced with the induction of 103 participants from its host communities in Rivers State...

April 16, 2026 No Responses

Kalu Takes Charge Of FRSC In Akwa Ibom, Harps On Integrity

The newly posted Federal Road Safety Corps (FRSC) Sector Commander in Akwa Ibom State, Felicia Kalu, has officially assumed duty, beginning her tenure with an inaugural parade aimed at reinforcing integrity, professionalism, and transparency within the command...

April 15, 2026 No Responses

NGX, BOI Deepen SME Financing Drive In Kano

Nigerian Exchange Limited (NGX) and Bank of Industry (BOI) have reinforced efforts to integrate small and medium-sized enterprises (SMEs) into Nigeria’s formal capital market, taking their financing advocacy to Kano as part of a broader national engagement d...

April 15, 2026 No Responses

Guinness Nigeria Surpasses ₦1trn Market Capitalisation

Guinness Nigeria Plc has crossed the ₦1 trillion market capitalisation threshold on the Nigerian Exchange (NGX), marking a significant milestone that reflects strong investor confidence and sustained value creation.As of April 10, 2026, the company’s marke...

April 14, 2026 No Responses

SEC Freezes Assets Of 13 Terror-Linked Individuals, Entities

The Securities and Exchange Commission (SEC) has directed an immediate freeze on the assets of 13 newly identified entities linked to terrorism financing within Nigeria’s capital market.The directive, titled “Commission’s Sweeping Compliance Directive Is...

April 14, 2026 No Responses

Coscharis Motors Partners Asia Star On EV Drive

By Moses Ebosele, ebosele@hotmail.com – Foremost Nigerian auto firm, Coscharis Motors has strengthened its collaboration with Chinese electric vehicle manufacturer, Asia Star as both companies intensify efforts to deliver cleaner and more sustainable mob...

April 14, 2026 No Responses

Expert Urges FG to Suspend National Single Window Over Port Disruptions

Former Acting National President of the Association of Nigerian Licensed Customs Agents, Kayode Farinto, has called on the Federal Government (FG) to urgently suspend the newly introduced National Single Window system, warning that its implementation has sever...