City Archives — Page 7 of 516 — City Business News

March 18, 2025 No Responses

Apapa Customs Attains ₦18.9b Daily Collection

The Apapa Port Command of Nigeria Customs Service (NCS), on Friday, March 14, 2024 attained daily revenue collection of ₦18.9billion, the highest in the history of the command. City Business News reports that the new record breaks the existing highest...

March 18, 2025 No Responses

Nigeria’s Inflation Drops To 23.18 Per Cent

Nigeria’s inflation rate dropped to 23.18% relative to the January 2025 headline inflation rate of 24.48%. This was disclosed by the Nigeria Bureau of Statistics (NBS) in its February 2025 consumer price index (CPI) on Monday. According to NBS, the...

March 18, 2025 No Responses

NCAA Clears Max Air To Resume Operations

The Nigeria Civil Aviation Authority (NCAA) has cleared Max Air to resume its domestic flight operations following a successful completion of an economic and safety audit. This was disclosed by Director, Public Affairs and Consumer Protection of the NCAA, Mich...

March 17, 2025 No Responses

Shippers’ Council Partners Customs On AEO

As part of measures to foster inter-agency collaboration, the Nigerian Shippers’ Council (NSC) has partnered the Nigeria Customs Service (NSC) to facilitate a workshop programne on Authorized Economic Operation (AEO) for the Council’s operation officers.In...

March 17, 2025 No Responses

Edo Revenue Service To Partner Insurance Practitioners

The Edo State Internal Revenue Service (EIRS) is to collaborate with the forum of Insurance Practitioners in Edo State for effective service delivery. This was revealed by the representative of the Executive Chairman, Sir Michael Ohio-Ezomo, Executive Di...

March 17, 2025 No Responses

NDLEA Intercepts Cocaine Concealed In Prayer Beads, Shoes

The National Drug Law Enforcement Agency (NDLEA) has intercepted cocaine concealed in prayer beads and locally made shoes. In a statement and pictures shared on X on Sunday, NDLEA spokesman Femi Babafemi explained that the agency had arrested some suspects....

March 16, 2025 No Responses

U17WCQ: Nigeria’s Flamingos Defeats South Africa

Nigeria took a giant step to qualification for the 2025 U-17 Women’s World Cup on Saturday, beating South Africa 2-0 at the Remo Stars Stadium, Ikenne, Ogun State. The Flamingos had last week defeated the Bantwana 3-1 in the first...

March 15, 2025 No Responses

Kano Donates N3b Land For NWDC HQ

Kano State Governor, Abba Yusuf, has donated a 1.9-hectare plot of land, valued at N3 billion, to the newly established North West Development Commission (NWDC) for the construction of its permanent headquarters in Kano. The land, taken from the premises...

March 15, 2025 No Responses

Customs Impounds 34,470 Litres Of Petrol

The Nigeria Customs Service (NCS) has intensified its fight against fuel smuggling, leading to a major crackdown on smugglers of Premium Motor Spirit (PMS), commonly known as petrol, in Gembu and Kan-Iyaka border communities of Taraba State. Gembu, the headqua...

March 15, 2025 No Responses

COSCHARIS MOTORS PARTNERS CHARTERHOUSE LAGOS

Coscharis Motors is set to partner the prestigious and renowned Charterhouse Lagos on the forth coming Open day event on March 22, 2025 at the school premises. Coscharis in a statement explained that the partnership is intended to jointly serenade...

March 15, 2025 No Responses

Porsche To Cut 3,900 Jobs

Porsche is planning to reduce its workforce by approximately 3,900 positions in an effort to improve profitability. The German luxury carmaker will reduce its workforce by around 1,900 positions by 2029, leveraging demographic changes, natural turnover, and a ...

March 14, 2025 No Responses

Renaissance Energy Completes Acquisition Of SPDC

Renaissance Africa Energy has completed the acquisition of the entire equity holding in Shell Petroleum Development Company of Nigeria (SPDC) Renaissance Africa Energy Holdings is a consortium consisting of four successful Nigerian independent oil and gas comp...

March 14, 2025 No Responses

Tantalizers Boosts Blue Economy Agenda, Secures $25m For Expansion

A player in Nigeria’s Quick-Service Restaurant (QSR) sector, Tantalizers Plc, has secured $25million capital to expand its operations especially in Nigeria’s blue economy. Already, the company has ventured into Nigeria’s blue economy with the acquisition...

March 13, 2025 No Responses

Aiico Insurance Projects ₦114.3b Revenue For 2025 Q2

For the second quarter of 2025, AIICO Insurance Plc has projected a gross written premium of N114.3billion, driven by seasonal trends in premium receipts and actual cash flows recorded in January 2025. The company in its earnings forecast filed on...