Business – City Business News

May 11, 2026 No Responses

Dangote Group, Norwegian Wealth Fund Explore Joint Investments

The President/Chief Executive of Dangote Group, Aliko Dangote has held a high-level meeting with Nicolai Tangen, the Chief Executive Officer of Norges Bank Investment Management, the world’s largest sovereign wealth fund manager, overseeing assets valued at approximately $1.9 trillion.At the...

May 11, 2026 No Responses

ABC Transport Unveils Historic & Archive Center

In a remarkable celebration of legacy, innovation, and corporate heritage, ABC Transport Plc unveiled its Historic and Archive Center on Thursday, April 30, 2026, at the company’s Corporate Head Office in Owerri, Imo State.The launch, which coincided with th...

May 11, 2026 No Responses

Photo News

At the inauguration of the ABC Group Historic & Archive Centre in Owerri which coincided with the birthday of the founder, Mr. Frank Nneji, OON (extreme right). Others are (from Rev. Fr Emma Ehioma; Hon Princewill Ugochukwu Amuchie, member representing...

May 11, 2026 No Responses

Nigerian Ports Handle 58,870 Vehicles In Q1 2026

Nigeria’s ports handled a total of 58,870 vehicle units in the first quarter of 2026, representing a 67 per cent increase compared to the 35,262 units recorded during the corresponding period of 2025.The figures were contained in the Q1 2026...

May 11, 2026 No Responses

Nigeria Ports Record Increase In Vessel Tonnage As Maritime Reforms Boost Trade

Nigeria’s maritime sector recorded strong operational growth in the first quarter of 2026, with Gross Registered Tonnage (GRT) for ocean-going vessels rising by 19.5 per cent to 46.75 million, highlighting the increasing deployment of larger-capacity ships a...

May 10, 2026 No Responses

Nigerdock Marks World Safety Day, Nears 20 Million Injury-Free Man-Hours

Nigerdock has commemorated the 2026 World Day for Safety and Health at Work with a town hall event aimed at recognising employees’ commitment to the company’s safety culture.City Business News reports that the event coincided with the company’s 40th anni...

May 10, 2026 No Responses

Coscharis Motors To Spotlight ABRO Cello Tapes At WAAS 2026

Coscharis Motors, through its Auto Care / Consumer Products Division, will be participating at the upcoming West Africa Auto Show (WAAS) 2026, scheduled to be held at the Landmark Event Centre, Lagos, between 12 to 14 of May 2026.The company...

May 9, 2026 No Responses

Photo News

L – R : Emma Ugwuja, Finance Controller, Coscharis Group; Jan Lembke, Importer Finance, BMW Group; Fred Amobi, Deputy Group Managing Director, Coscharis Group; Werner Warnke, Head of Importer Finance, BMW Group; Daniel Pinkrah, Executive Director, Import...

May 9, 2026 No Responses

NADDC Partners NYSC On CNG Training For Corps Members

The National Automotive Design and Development Council (NADDC) and the National Youth Service Corps (NYSC) have signed a Memorandum of Understanding (MoU) to commence Compressed Natural Gas (CNG) retrofitting training for corps members under the NYSC Skills Ac...

May 8, 2026 No Responses

NIWA Intensifies Safety Campaign, Insist On Wooden Boats Phase-Out

The National Inland Waterways Authority (NIWA) has intensified safety awareness campaigns across Lagos waterways as part of efforts to eliminate boat accidents and strengthen compliance with safety regulations among water transport users.The Lagos Area Manager...

May 8, 2026 No Responses

Customs, Yakubu Gowon University Renew Strategic Alliance

The Comptroller-General of Customs, Adewale Adeniyi, has pledged to revitalise the long-standing institutional relationship between the Nigeria Customs Service and Yakubu Gowon University (formerly University of Abuja), with renewed support aimed at improving ...

May 7, 2026 No Responses

NLNG Receives 98 Entries For Maiden Creative Arts Prize

By ebosele@hotmail.com No fewer than 98 entries have been received for the maiden edition of The Nigeria Prize for Creative Arts following the close of submissions on Thursday.The inaugural edition of the competition focuses on documentary filmmaking on Nigeri...

May 7, 2026 No Responses

Customs Strengthens Fight Against Money Laundering, Terrorism Financing

The Nigeria Customs Service (NCS) has reaffirmed its commitment to combating illicit financial flows and terrorism financing through a sensitisation programme on Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) held at its Headquarters ...

May 6, 2026 No Responses

300 Firms Jostle For 50 Oil Blocks

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that a total of 300 firms are currently jostling for the 50 oil blocks put out in the 2025/2026 licensing rounds.Chief Executive Officer of the Commission, Oritsemeyiwa Eyesan, disclos...