City BusinessNews – Page 16 – City Business News

January 18, 2026 No Responses

Tinubu Returns To Nigeria

President Bola Tinubu has returned to Nigeria after participating in the 2026 Abu Dhabi Sustainability Week.In a statement issued on Saturday, Presidential spokesperson, Mr Bayo Onanuga, explained thatthe president attended the summit alongside some members of his cabinet.On the sidelines...

January 17, 2026 No Responses

FG Bans Sand Mining On River Niger

The Federal Government has announced a ban on sand mining within a 10-kilometre radius of the River Niger to safeguard the First and Second Niger Bridges.The Minister of Works, Mr. David Umahi, disclosed this on Friday in Asaba during the...

January 17, 2026 No Responses

Stocks Close Higher As NGX Records N30b Gain

The Nigerian stock market rebounded on Friday, recovering from the previous session’s downturn as investors’ portfolios appreciated by about N30 billion.The positive performance was driven by gains in stocks such as Red Star Express, NCR Nigeria, SCOA and ...

January 16, 2026 No Responses

FRSC Boss Engages Global Experts To Redefine Road Safety

The Corps Marshal of the Federal Road Safety Corps (FRSC), Shehu Mohammed, has participated in a high-level strategic engagement with global road safety leaders at a Transportation Research Board (TRB) workshop in the United States.The engagement brought toget...

January 16, 2026 No Responses

Dangote Rewards Cement Distributors With ₦15b In Gifts, Cash

By ebosele@hotmail.com. – Dangote Cement Plc has celebrated its top distributors and customers with ₦15 billion worth of rewards for their continued loyalty, resilience, and outstanding performance.The 2026 Distributors’ Awards Night, held at Eko Con...

January 15, 2026 No Responses

EFCC Hands Over N64.8m To Businessman

The Ag. Zonal Director, Benin Zonal Directorate, Deputy Commander of the EFCC, DCE Sa’ad has handed over a draft of N64,800,000 to Uzoechina Vincent Anene, being funds recovered by operatives of the Commission for him.Anene, 59, a dealer in petroleum...

January 13, 2026 No Responses

Customs Unveils New Standard Procedure For Courier Operations

The Nigeria Customs Service (NCS) has announced the commencement of a new Standard Operating Procedure (SOP) for regulating courier companies operating under the Delivered Duty Paid (DDP) Incoterm.The Service said the SOP provides a unified framework covering ...

January 12, 2026 No Responses

Oyetola Renews Call For Ban On Wooden Boats

The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola has renewed his call on state governments across the federation to urgently ban the use of wooden boats for commercial water transportation and instead invest in safer, modern fibre and...

January 12, 2026 No Responses

Nigeria Drives Digital Reform In Vehicle Import Clearance

By Moses Eboseleebosele@hotmail.com For decades, clearing imported vehicles in Nigeria followed a familiar — and notoriously winding — path: towering stacks of paperwork, long queues at port terminals, frantic phone calls to clearing agents, and the anxiet...

January 11, 2026 No Responses

Umahi: Lagos–Calabar Coastal Highway To Be Tolled Immediately After Completion

The Lagos–Calabar Coastal Highway will be tolled immediately it is completed and inaugurated, the Minister of Works, Senator Dave Umahi, has said.Umahi said this on Saturday in Lagos during an inspection tour of the ongoing highway project, stressing that to...

January 10, 2026 No Responses

TotalEnergies, Eni, QatarEnergy Seal Exploration Deal

TotalEnergies, in partnership with Eni and QatarEnergy, has signed an agreement with the Lebanese government to commence exploration activities in offshore Block 8.Under the initial work programme, the consortium will undertake the acquisition of a 1,200-kilom...

January 10, 2026 No Responses

NAJA Names Osanipin, Ajayi 2025 Auto Personalities

The Nigeria Auto Journalists’ Association (NAJA) has conferred its prestigious Auto Personality of the Year awards on two outstanding figures from the public and private sectors.The recognition took place at the 18th NAJA International Auto Awards, held at t...

January 9, 2026 No Responses

Lagos Assembly Okays ₦4.44tri Budget For 2026

The Lagos State House of Assembly has passed a ₦4.44 trillion budget for the 2026 fiscal year, approving the report of the House Committee on Economic Planning and Budget.Presenting the report during plenary on Thursday, the committee chairman, Mr Sa’ad...

January 8, 2026 No Responses

Customs Introduces Waiver Framework For Imported Personal Vehicles

By ebosele@hotmail.com. – The Nigeria Customs Service (NCS) has announced the commencement of procedures for granting safe passage to personal vehicles temporarily imported into or transiting through Nigeria by international travellers.City Business News...