City BusinessNews – Page 44 – City Business News

August 8, 2025 No Responses

Police Recover 22 Stolen Vehicles

The Rivers State Police Command has dismantled a sophisticated interstate car theft syndicate, arresting 12 suspects and recovering 22 stolen vehicles. The syndicate, which operated across at least eight states in Nigeria, was uncovered following the September 2024 carjacking of...

August 8, 2025 No Responses

NCAA To AGF, IGP: Prosecute Kwam 1

The Nigeria Civil Aviation Authority (NCAA) has petitioned the Attorney-General of the Federation (AGF), Lateef Fagbemi, and the Inspector-General of Police (IGP), Kayode Egbetokun, to prosecute Fuji musician Wasiu Ayinde, popularly known as K1 De Ultimate, ov...

August 7, 2025 No Responses

Egbin Power, Ikeja Electric, FIPL Not In Receivership, Says Management

The management of Egbin Power Plc, Ikeja Electric Plc (IE), and First Independent Power Limited (FIPL), on Wednesday denied media reports claiming the companies have been placed under receivership. In a statement issued on Wednesday, the companies described th...

August 7, 2025 No Responses

EFCC Arraigns Katsina Revenue Officials, First Bank Staff For Alleged N1.2b Fraud

The Kano Directorate of the Economic and Financial Crimes Commission, EFCC, on Tuesday, August 5, 2025 arraigned five officials of the Katsina State Board of Internal Revenue and one bank staff before Justice Musa Danladi of the Katsina State High...

August 6, 2025 No Responses

Tinubu Signs Insurance Reform Bill Into Law

President Bola Tinubu has assented to the Nigerian Insurance Industry Reform Bill 2025. Presidential spokesman, Bayo Onanuga, explained on Tuesday that the Act repealed and consolidated several outdated insurance laws into a single, modern legal framework. &nb...

August 6, 2025 No Responses

NADDC, BENUE TO SYNERGIZE ON YOUTH EMPOWERMENT.

The Honourable Member representing Otukpo/Ohimini Federal Constituency, Hon. David Ogada Ogewu, has called for strong collaboration between the National Automotive Design and Development Council (NADDC) and Benue State towards youth empowerment through technic...

August 6, 2025 No Responses

Photo News

The Managing Director, Nigerian Ports Authority, Dr. Abubakar Dantsoho (4th Right); Tanzania High Commissioner to Nigeria, His Excellency Selestine Gervas Kakele (3rd Right); the Managing Director Tanzania Shipping Company Limited, Mr. Eric Benedict Hamissi (2...

August 6, 2025 No Responses

Indiscriminate Parking: Lagos Clampdown On More Vehicles

The Lagos State Parking Authority (LASPA) has extended ongoing indiscriminate parking enforcement to Ikeja axis of the state. According to the LASPA, the enforcement of illegal parking on the roads covered the following locations: Computer Village, ...

August 6, 2025 No Responses

Nigeria Customs Unveils Reputation Management Guide

THE Nigeria Customs Service (NCS) has unveiled its service Reputation Management Guide.The handbook was unveiled by the NCS’s Comptroller-General (C-G) , Adewale Adeniyi, on Tuesday at the service’s headquarters in Abuja.Speaking at the event, the C-G said...

August 6, 2025 No Responses

Nigeria Reiterates Support For Oil Palm, Cocoa Production

The Federal Government has vowed to revitalise the commercial production of oil palm and cocoa in Nigeria. Vice President Kashim Shettima stated this when he declared open the seventh edition of the expanded national clinic of the Micro, Small and...

August 5, 2025 No Responses

Capital Market Investors Gain N1.78 trillion

The Nigerian stock market began the week on a bullish note on Monday, as investors gained N1.78 trillion in a single-day rally.The positive trend followed sustained buying interest in Lasaco Assurance, Royal Exchange, UPDC, UAC of Nigeria, and 43 other...

August 5, 2025 No Responses

WAFCON Victory: Carloha Hosts Super Falcons, NFF President

As part of it’s commitment to sports development in Nigeria, Carloha Nigeria, the exclusive distributor and assembler of Chery vehicles in Nigeria, hosted the victorious Super Falcons at its state-of-the-art showroom in Alapere, Lagos.The celebratory eve...

August 5, 2025 No Responses

Communique Of 2025 Nigeria Auto Industry Summit

COMMUNIQUE PRESENTED AT THE END OF THE NIGERIA AUTO INDUSTRY SUMMIT HELD ON THURSDAY, 31ST JULY 2025 AT THE LAGOS CHAMBER OF COMMERCE AND INDUSTRY (LCCI) CONFERENCE CENTRE, ALAUSA, IKEJA BACKGROUNDThe second edition of the Nigeria Auto Industry Summit (NAISU),...

August 4, 2025 No Responses

SEC DG: West Africa Emerging As Global Hotspot For Virtual Asset Adoption

The Director-General of the Securities and Exchange Commission (SEC Nigeria), Dr. Emomotimi Agama, has said that West Africa, with its vibrant and youthful population, has become a global hotspot for virtual asset adoption.Speaking at the West Africa Complianc...