Business – City Business News

February 27, 2026 No Responses

Lafarge Africa Attains ₦1.1trillion Revenue Milestone

Lafarge Africa Plc, provider of innovative and sustainable building solutions and manufacturer of premium cement brands, has announced a revenue milestone of N1.1 trillion in 2025, representing a 53 per cent surge from N696.8 billion recorded in the corresponding period...

February 27, 2026 No Responses

Customs Police Unit Concludes Strategic Training

The Customs Police Unit (CPU) of the Nigeria Customs Service has conducted a two-day in-house capacity-building training aimed at strengthening professionalism, operational efficiency and institutional knowledge among its officers.The pilot programme, held at ...

February 27, 2026 No Responses

Olu Of Warri Honours Oluremi Tinubu With Utukpa-Oritse Title

The Warri Kingdom witnessed a moment of profound historical significance on Thursday as His Majesty, Ogiame Atuwatse III, CFR, the Olu of Warri, conferred upon Senator Oluremi Tinubu, CON, First Lady of the Federal Republic of Nigeria, the prestigious chieftai...

February 27, 2026 No Responses

Profit-Taking Drags NGX Down By N515b

The Nigerian stock market sustained skidding profile on Thursday, declining by 0.41 per cent and wiping out N515 billion in investors’ wealth.Sustained profit-taking in consumer goods, banking and insurance stocks weighed heavily on the market, with notable ...

February 27, 2026 No Responses

Seplat Energy Posts 144% Revenue Growth, Raises Dividend by 52% In 2025

Seplat Energy Plc, listed on both the Nigerian Exchange and the London Stock Exchange, has announced its audited results for the year ended 31 December 2025, reporting strong operational and financial performance driven by its first full year of offshore...

February 27, 2026 No Responses

Apapa Customs Strengthens Synergy With Nigerian Navy

The Apapa Area Command of the Nigeria Customs Service has reaffirmed its commitment to deepening inter-agency collaboration with the Nigerian Navy to enhance maritime security and trade facilitation.The Customs Area Controller (CAC), Apapa Command, Emmanuel Os...

February 26, 2026 No Responses

Nigeria Extends Ban On Raw Shea Nut Export

The Nigerian Government has approved the extension of the ban on the export of raw shea nuts for another year, from February 26, 2026, to February 25, 2027, reinforcing push for industrial growth and value addition.By sustaining the restriction, the...

February 26, 2026 No Responses

NGX Sheds N74b As Sell Pressure Weighs On Major Stocks

The Nigerian equities market remained in negative territory on Wednesday, as investors lost N74 billion amid sustained sell pressure across major stocks on the Nigerian Exchange Limited (NGX).The downturn was largely driven by losses recorded in RT Briscoe, AB...

February 26, 2026 No Responses

SON DG Leads Nigerian Delegation To Ethanol Conference In U.S.

The Director-General and Chief Executive of the Standards Organisation of Nigeria (SON), Dr. Ifeanyi Chukwunonso Okeke, led the Nigerian delegation to the 31st Annual National Ethanol Conference (NEC) held in Orlando, Florida, United States.The conference, rec...

February 26, 2026 No Responses

Pope To Visit Algeria, Spain, Monaco, Cameroon, Angola

Pope Leo XIV will visit four African nations in April, the Vatican said Thursday, including Algeria — the first time a pope will travel to the North African Muslim nation.The Vatican announced a series of international trips in the months...

February 26, 2026 No Responses

Shippers’ Council Seeks Stronger Use Of BICs To Drive Cross-Border Trade

The Executive Secretary and Chief Executive Officer of the Nigerian Shippers’ Council (NSC), Dr. Akutah Pius, has stated that the effective utilisation of Border Information Centres (BICs) will significantly enhance trade volumes across Nigeria’s land ...

February 25, 2026 No Responses

Jetour G700 Joins Premium SUV Segment In Nigeria

By ebosele@hotmail.com — The all-new Jetour G700 has officially joined the premium Sports Utility Vehicle (SUV) segment in Nigeria with a bold mix of brute strength, cutting-edge hybrid technology and first-class luxury.City Business News reports that fr...

February 25, 2026 No Responses

CLMI Honours LAMATA MD With Distinguished Fellowship

In further recognition of her significant contributions to the Lagos transport ecosystem, the Managing Director of the Lagos Metropolitan Area Transport Authority (LAMATA), Engr. (Mrs.) Abimbola Akinajo, has been conferred with a Distinguished Fellowship of th...

February 25, 2026 No Responses

Court Jails Woman Seven Years For N5.6m Fraud

Justice Maryam Sabo of the Kano State High Court sitting in Kano has convicted and sentenced Ebonine Rita Uzoamaka to seven years imprisonment for obtaining the sum of N5,600,000.00k( Five Million, Six Hundred Thousand Naira) by false pretence.The convict was....