Business – Page 2 – City Business News

November 2, 2026 No Responses

Customs Engages Six Agencies To Tackle Cross-Border Financial Crimes

The Nigeria Customs Service (NCS) has engaged six federal government agencies to strengthen inter-agency collaboration and intelligence sharing in tackling cross-border illicit financial flows, money laundering, corruption, drug trafficking, terrorism financing and other related offences.The three-day engagement, held from October...

November 2, 2026 No Responses

When Vehicles Stop Working, Businesses Pay: The Economics of Fleet Downtime

For organisations that depend on vehicles to deliver products, serve customers or move employees, fleet management is a continuous balancing act between cost, availability and performance.The acquisition of a vehicle is a visible capital or financing decision....

November 2, 2026 No Responses

FRSC Begins Special Patrol, Targets Fake Number Plates

The Federal Road Safety Corps (FRSC) has commenced the second phase of its special intervention patrol, code-named Operation Guduma, targeting motorists using fake, covered, defaced and obsolete vehicle number plates across the country.The five-day operation, ...

November 1, 2026 No Responses

LCCI Women Group Harps On Women’s Leadership, Enterprise Development

By ebosele@hotmail.com The Lagos Chamber of Commerce and Industry (LCCI) Women Group has called for greater opportunities for women to participate in business, leadership and policy development as part of efforts to promote inclusive economic growth.The call w...

November 1, 2026 No Responses

Akande-Ajala: Healthy Ageing Key Components Of Retirement Security

Dr Olutoyin Akande-Ajala, Consultant Geriatrician and Founder and Medical Director of JBS Gerontology Centre, has called for the integration of healthcare and healthy ageing into retirement planning, stressing that financial security alone cannot guarantee a f...

November 1, 2026 No Responses

NAHCO Reviews Growth Strategy, Target ₦300b Revenue By 2029

By ebosele@hotmail.com The Board and Management of the Nigerian Aviation Handling Company Plc (NAHCO) have reviewed the company’s growth strategy and progress towards achieving its ₦300 billion revenue target by 2029.City Business News reports that the...

November 1, 2026 No Responses

Oando Attains ₦2.78trn Revenue, Production Hits 42,985boepd

Oando Plc has reported a 9 per cent increase in revenue to ₦2.78 trillion for the nine months ended September 30, 2026, driven by higher crude oil liftings, increased gas and Natural Gas Liquids (NGL) sales, and improved average realised...

November 1, 2026 No Responses

FirstHoldCo, RCIM Cross 5.2b Shares To Investors

First HoldCo Plc and RC Investment Management Limited (RCIM) have recorded significant progress in the ongoing disposal of approximately 10.43 billion FirstHoldCo shares held by RCIM as an independent Bridge Holder.The transaction originated from a Central Ban...

October 31, 2026 No Responses

NPERA Tasks. Akwa Ibom Maritime Stakeholders On Sector Development

The Director-General/Chief Executive Officer of the Nigerian Ports Economic Regulatory Agency (NPERA), Dr Pius Akutah, MON, has urged maritime stakeholders in Akwa Ibom State to strengthen collaboration with the Agency to develop local capacity, address infras...

October 31, 2026 No Responses

Omatseye To Chair NNMJ Conference, Oyetola, Adeniyi Akabogu, Others To Attend

The Network of Nigeria Maritime Journalists (NNMJ), the umbrella body of all maritime Journalists is set to host its Unity Conference on Friday, November 13, 2026, at the Airport Hotel, Ikeja, Lagos, bringing together key policymakers, maritime regulators, ind...

October 31, 2026 No Responses

Ortsen Engages Manufacturers, Inspects Sapele Customs Outstation

The Edo/Delta Area Command of the Nigeria Customs Service (NCS) has reaffirmed its commitment to trade facilitation, regulatory compliance and operational efficiency during a stakeholder engagement with Life Flour Mills and Rubis Asphalt Nigeria Limited, follo...

October 31, 2026 No Responses

NDDC Empowers Youths In Fashion, Garment Design

The Niger Delta Development Commission, NDDC, has reiterated its commitment to youth empowerment and skills development through advanced training in fashion and garment design to promote entrepreneurship and create employment opportunities that can foster econ...

October 30, 2026 No Responses

SCAN Seeks Affordable Financing, Policy Reforms For Indigenous Shipowners

The Shipping Correspondents Association of Nigeria (SCAN) has called for affordable financing, regulatory reforms and improved maritime infrastructure to strengthen the capacity of indigenous shipowners and enhance their competitiveness in the Nigerian shippin...

October 30, 2026 No Responses

UBA Reaffirms Commitment To Financing Indigenous Shipowners

By ebosele@hotmail.com The United Bank for Africa (UBA) Plc has reaffirmed its commitment to supporting indigenous shipowners through tailored financing solutions, trade facilitation and advisory services aimed at strengthening their competitiveness and expand...