Business – City Business News

January 7, 2026 No Responses

Lagos Okays Rebate For Faded Vehicle Plates Replacement

The Lagos State Government has approved a three-month rebate window for motorists to replace faded and unreadable vehicle number plates, in a renewed move to enhance road safety, improve vehicle identification, and strengthen security across the state.The approval by Governor...

January 7, 2026 No Responses

UN Seeks Stronger Protection Of Civilians, Schools In Nigeria

The United Nations Resident and Humanitarian Coordinator in Nigeria, Mohamed Malick Fall, has called for stronger protection of civilians, civilian spaces, and schools following a spate of violent attacks in Niger State and other parts of the country.In a stat...

January 7, 2026 No Responses

Budget Office Explains Repeal, Re-enactment Of 2024, 2025 Appropriation Acts

By ebosele@hotmail.com. – The Budget Office of the Federation (BOF) has dismissed claims that the repeal and re-enactment of the 2024 and 2025 Appropriation Acts amounted to a constitutional breach or fiscal illegality, insisting that the process is firm...

January 6, 2026 No Responses

FirstBank Meets CBN’s ₦500b Capital Requirement

By ebosele@hotmail.com. — First HoldCo Plc has announced that its commercial banking subsidiary, First Bank of Nigeria Limited (FirstBank), has successfully met the Central Bank of Nigeria’s (CBN) minimum capital requirement of ₦500 billion.The miles...

January 6, 2026 No Responses

Bayelsa Mourns Senator Brambaifa

Governor of Bayelsa State, Senator Douye Diri, has expressed sadness over the demise of Senator John Kojo Brambaifa.The former Bayelsa West Senatorial District representative in the 5th National Assembly between 2003 and 2007 died on Saturday in a hospital in....

January 5, 2026 No Responses

NDDC Reaffirms Commitment To Complete Okochiri Reclamation, Nonwa–Uedeme–Ogu Road Projects

By ebosele@hotmail.com. – The Niger Delta Development Commission (NDDC) has reaffirmed its commitment to completing the sand-filling and reclamation project in Okochiri, Okrika Local Government Area, as well as the 4.5-kilometre Nonwa–Uedeme–Ogu Road...

January 5, 2026 No Responses

Diaz Sends Morocco To AFCON Quarter-Finals

Real Madrid forward, Brahim Diaz maintained his goal-a-game record at the Africa Cup of Nations by scoring to take Morocco into the quarter-finals with a 1-0 victory over Tanzania in Rabat on Sunday.Diaz scored once in each of three group...

January 4, 2026 No Responses

Resident Doctors To Resume Strike January 12

THE Nigerian Association of Resident Doctors (NARD) has announced plans to resume its Total Industrial and Clinical Services (TICS) 2.0 nationwide from January 12, 2026, following the outcome of its Emergency National Executive Council (E-NEC) meeting held on ...

January 4, 2026 No Responses

CIG Motors Petitions EFCC, Sacks Executive Director

The management of CIG Motors has petitioned the Economic and Financial Crimes Commission (EFCC) to investigate alleged financial impropriety within the company, leading to the alleged termination of its Executive Director, Mr. Jubril Arogundade. The company sa...

January 3, 2026 No Responses

NCAA Urges Renewed Commitment To Aviation Safety

By ebosele@hotmail.com. – The Director-General, Nigeria Civil Aviation Authority (NCAA), Capt. Chris Najomo, has announced the approval of NCAA Staff Conditions of Service (CoS), urging staff to reciprocate the gesture with renewed dedication to duty to ...

January 3, 2026 No Responses

FirstBank Hosts Nigeria Economic Outlook 2026

By ebosele@hotmail.com. – FirstBank has concluded plans to host Nigeria Economic Outlook 2026 on Tuesday, 6 January 2025.City Business News reports that the theme of the session is “The Great Calibration: Mastering Resilience in an Era of Asynchronous ...

January 2, 2026 No Responses

2026: SEC To Prioritise Mobilisation Of Long Term Funds, Others

The Securities and Exchange Commission (SEC) has said that it is prioritizing the mobilisation of long-term capital to bridge Nigeria’s infrastructure and sectoral gaps while also streamlining regulatory frameworks and aggressively facilitating the issuance ...

January 2, 2026 No Responses

Edo Implements New Tax Laws, Pledges Fairness

By ebosele@hotmail.com – The Edo State Government has described the newly introduced Tax Acts, which take effect from January 1, 2026, as fairer and more progressive, with specific provisions exempting low-income earners from personal income tax.In a New...

January 1, 2026 No Responses

2026: Pope Leo Urges Peace, Dialogue

Pope Leo XIV opened the New Year 2026 with a heartfelt appeal for peace, calling on the global community to embrace a type of peace rooted not in fear or force but in dialogue, justice and mutual trust. In his...