Business – City Business News

April 3, 2026 No Responses

Oyetola Tasks Maritime Agency Heads, Demands Accountability

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has challenged heads of agencies under his Ministry, insisting on strict accountability and the delivery of measurable results.Oyetola gave the directive during the signing of performance bonds with heads of maritime...

April 3, 2026 No Responses

Profit Taking Triggers N3b Loss In Stock Market

The Nigerian stock market closed on Thursday on a bearish note, shedding N3 billion in market value amid mild profit-taking.The decline was driven by sell-offs in equities, including John Holt, Abbey Mortgage Bank, International Energy Insurance, CHAMS, Tantal...

April 3, 2026 No Responses

COWA Oyo/Osun Intensifies Humanitarian Outreach, Supports Vulnerable Children, Widows

By ebosele@hotmail.com. – The Customs Officers’ Wives Association (COWA), Oyo/Osun Chapter, has reaffirmed its commitment to humanitarian service with a series of outreach visits to vulnerable groups, including children in care homes and widows of Cust...

April 3, 2026 No Responses

GTCO Unveils “Take on Squad” Hackathon 3.0, Opens Call for Applications

Guaranty Trust Holding Company Plc (GTCO) has announced the launch of “Take on Squad” Hackathon 3.0, reaffirming its commitment to fostering innovation, empowering talent, and supporting the development of technology-driven solutions that address real-worl...

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 E...

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...