City BusinessNews – Page 53 – City Business News

December 27, 2025 No Responses

Tinubu Lauds $1.126b Funding For Lagos–Calabar Coastal Road

President Bola Tinubu has commended the Federal Ministry of Finance for successfully closing a $1.126 billion financing package for Phase 1, Section 2 of the Lagos–Calabar Coastal Highway, describing the development as a major boost to Nigeria’s infrastructure drive.This was...

December 27, 2025 No Responses

NDDC Honours Retired Directors

The Niger Delta Development Commission, NDDC, has celebrated its newly retired Directors and other staff by presenting service awards to them for their contributions to the Commission’s progress and success in the discharge of its mandate to develop the ...

December 26, 2025 No Responses

NIMASA DG Felicitates With Stakeholders

THE Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dayo Mobereola, has felicitated with stakeholders in the Nigerian maritime industry during the yuletide.Mobereola who observed that the year 2025 was a good one for the ind...

December 25, 2025 No Responses

Archbishop Martins Urges Hope, Demands Decisive Action Against Insecurity

In a solemn and urgent Christmas message, the Catholic Archbishop of Lagos, His Grace, Most Rev. Dr. Alfred Adewale Martins, has called on Nigerians to give thanks to God for the joy of celebrating another Christmas despite the many challenges...

December 25, 2025 No Responses

FG Trains 75 Boat Operators From Lagos, Ogun, Ondo

The Federal Government (FG) Federal Ministry of Marine and Blue Economy, in collaboration with the National Inland Waterways Authority (NIWA), has concluded a three-day Boat Navigation and Safety Training for 75 boat drivers and skippers, as part of efforts to...

December 24, 2025 No Responses

Customs Attains N1.58tr At Tincan Port

The Nigeria Customs Service (NCS), Tin Can Island Port Command on Tuesday disclosed that it collected N1.576 trillion from January to December, 2025.City Business News reports that the revenue figure is N51.84 billion higher than the 2025 reveue generation tar...

December 24, 2025 No Responses

NAJA Auto Awards 2025 Honour Changan CS55, Kia Seltos

Changan CS55 and Kia Seltos have clinched top honours at the 2025 Nigeria Auto Journalists Association (NAJA) International Auto Awards, winning Midsize SUV of the Year and Compact SUV of the Year, respectively.The awards were announced at a recent well-attend...

December 22, 2025 No Responses

SEC Sets January 2026 Deadline For Operators’ Registration Renewal

By ebosele@hotmail.com. — The Securities and Exchange Commission (SEC) has announced that capital market operators are required to renew their registration between January 1 and January 31, 2026.The Commission also disclosed plans to commence full electr...

December 21, 2025 No Responses

CBN To Banks: Configure ATMs, POS Terminals For Foreign Cards Transactions

The Central Bank of Nigeria (CBN) has directed banks and non-bank acquirers to implement multi-factor authentication for foreign card transactions exceeding $200 per day.In a circular dated December 18 and signed by Rita Sike, director of the financial policy ...

December 20, 2025 No Responses

Tinubu Visits Borno, Bauchi, Lagos

President Bola Ahmed Tinubu will on Saturday depart Abuja on a multi-state visit to Borno, Bauchi and Lagos States.During his visit to Borno State, the President is expected to commission a number of projects executed by the Borno State Government...

December 20, 2025 No Responses

Nigeria’s Digital Economy Revenue To Exceed $18.30b By 2026

The Managing Director/CEO, Arthur Stevens Asset Management Limited, Mr. Olatunde Amolegbehas projected that Nigeria’s digital economy revenue will reach $18.30 billion by 2026, as against $5.09 billion in 2019 and $9.97 billion in 2021.Delivering the keynote...

December 20, 2025 No Responses

Dangote Sinotruk, Innoson, IPI Win Big At 2025 NAJA Awards

Dangote Sinotruk, Innoson Vehicle Manufacturing (IVM) and Iron Products Industries (IPI) Ltd emerged as standout winners at the 18th Nigeria Auto Journalists’ Association (NAJA) International Auto Awards, held at the Oriental Hotel, Victoria Island, Lagos.Da...

December 19, 2025 No Responses

𝗨𝗕𝗧𝗛 Unveils 𝗣𝗼𝗹𝗶𝗰𝗲 𝗣𝗼𝘀𝘁

The University of Benin Teaching Hospital (UBTH) has commissioned its ultramodern Police Post, marking a significant milestone in strengthening patient safety, staff protection, and environmental security within the hospital.The facility was commissioned by th...

December 19, 2025 No Responses

Oyetola Presents Bakassi Deep Seaport Certificate Of Compliance To Otu

The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, on has presented the Certificate of Compliance for the Bakassi Deep Seaport to the Governor of Cross River State, Senator Bassey Otu, when the governor paid him a visit at...