Citybusinessnews – City Business News

November 12, 2025 No Responses

Nigeria’s Equities Market Rebounds On Fiscal Policy Optimism

The Nigerian equities market staged a sharp rebound on Wednesday, November 12, 2025, as investors responded positively to reassurances from the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, regarding the government’s position on Capital Gains...

November 12, 2025 No Responses

Amid Legal Dispute, Nord Automobiles Accuses Stanbic IBTC Of Unauthorised N700m Debit

Nigerian auto manufacturer, Nord Automobiles, has accused Stanbic IBTC Bank of unilaterally debiting N700 million from its account without prior notice or a court order, amid an ongoing legal dispute between both parties.The company’s Founder and Chief Execu...

November 12, 2025 No Responses

EFCC Arraigns Three For Alleged N174m UBOTEX Fraud

The Economic and Financial Crimes Commission, EFCC, Uyo Zonal Directorate, has arraigned Akaninyene Enefiok Archibong, Sylvanus Edet Akpan, and Glory Enefiok Archibong before Justice Maurine Onyetenu of the Federal High Court sitting in Uyo, Akwa Ibom State.Th...

November 12, 2025 No Responses

Minister Hails Dockworkers’ Role In Maritime Development

In line with its commitment to improving the welfare and working conditions of Nigerian dockworkers, the Nigerian Maritime Administration and Safety Agency (NIMASA), in collaboration with the Nigerian Ports Authority (NPA) and the Nigerian Shippers’ Council ...

November 11, 2025 No Responses

Coscharis Motors To Unveil Two New Renault Models At 2025 Abuja Auto Fair

All is now set for another milestone introduction of new Renault models by Coscharis Motors.As part of its lined up activities for participation at the 25th Special Edition of the Abuja International Motor Fair this year, Coscharis Motors, the exclusive...

November 11, 2025 No Responses

Finance Minister Assures Market Confidence As NGX Lists MREIF

Nigerian Exchange (NGX) on Tuesday hosted the Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, at the Closing Gong Ceremony to commemorate the listing of the Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREI...

November 11, 2025 No Responses

COWA Unveils Green Border Initiative, Empowers Women, Youth At Seme Command

In a landmark step toward environmental sustainability and community empowerment, the Customs Officers’ Wives Association (COWA), Seme Area Command Chapter, has planted 30 trees and launched the Green Border Initiative—a programme designed to tackle enviro...

November 11, 2025 No Responses

PTML Customs Intercepts ₦29.4b Cocaine, Hands Over To NDLEA

The Nigeria Customs Service (NCS), Port and Terminal Multiservices Limited (PTML) Command, has intercepted cocaine shipment valued at ₦29.4 billion.Comptroller Joe Anani, Customs Area Controller of PTML Command, disclosed this during a press conference on Tu...

November 10, 2025 No Responses

Tinubu Reaffirms Commitment To Siemens Power Project

Tinubu Reaffirms Commitment To Siemens Power Projec President Bola Tinubu on Monday in Abuja reaffirmed his administration’s commitment to the Presidential Power Initiative (PPI), pledging full government support to Siemens Energy to ensure the delivery of r...

November 10, 2025 No Responses

Dangote, Thyssenkrupp Uhde Sign Deal To Expand Urea Production Capacity In Nigeria

Dangote, Thyssenkrupp Uhde Sign Deal To Expand Urea Production Capacity In Nigeria Thyssenkrupp Uhde Fertilizer Technology (UFT), a subsidiary of thyssenkrupp Uhde, has entered into a strategic agreement with Dangote Fertiliser Limited (DFL) to license ...

November 10, 2025 No Responses

Lagos Trains Staff On Cyber Security

Lagos Trains Staff On Cyber Securit The Lagos State Ministry of Basic and Secondary Education has organised a one-day cybersecurity awareness training for mid-level staff members in recognition of the critical role they play in protecting sensitive information...

November 10, 2025 No Responses

FRSC Concludes Two-Day Training For Orderlies

The Federal Road Safety Corps (FRSC) has reaffirmed its commitment to professionalism and operational excellence with the successful completion of a Two-Day Training for Orderlies, held on November 6 and 7, 2025, under the theme “Rejigging Orderlies’ F...

November 9, 2025 No Responses

Customs Medical Unit Trains Officers on First Aid

The Nigeria Customs Service (NCS) has intensified efforts to enhance the health and safety capacity of its personnel through a comprehensive First Aid training conducted by the Service’s Medical Unit at the Training and Doctrine Command (TRADOC).According to...

November 8, 2025 No Responses

Lagos Seals Unauthorised Buildings, Gives QMB Mart 72-Hour Ultimatum

The Lagos State Building Control Agency (LASBCA) has intensified its enforcement operations in the Lekki and Ikoyi axis of the state, sealing several buildings found to have commenced construction without the mandatory authorisation or building approval from t...