Citybusinessnews – Page 11 – City Business News

December 12, 2025 No Responses

NUPRC issues 28 Permits For Flare Gas Utilisation, Projects $2b Investments, 100,000 jobs

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued Permits to Access Flare Gas to 28 successful awardees under the Nigerian Gas Flare Commercialisation Programme (NGFCP), marking a pivotal shift from environmental liability to economic opportunity in Nigeria’s upstream petroleum...

December 12, 2025 No Responses

OGFZA Secures $24b Investments, Seeks 10-Year Tax Exemption For Free Zone Operators

By Moses Ebosele, ebosele@hotmail.com The Oil and Gas Free Zones Authority (OGFZA) has disclosed that it has attracted more than $24 billion in investments into Nigeria—an achievement that reinforces the strategic importance of the country’s free zones to ...

December 12, 2025 No Responses

EFCC Arraigns Peace Corps Commandant, Director For Alleged N60m Fraud

The Abuja Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Thursday 11, December, 2025, arraigned the Commandant of the Nigeria Peace Corps, Dickson Akon and the Director of Finance of the Corps, Omolala Aminat Ahmed, before Justice....

December 10, 2025 No Responses

Cardoso Inaugurates New ACGSF Board

The Central Bank Governor (CBN) Governor, Mr. Olayemi Cardoso, has inaugurated the new Board of the Agricultural Credit Guarantee Scheme Fund (ACGSF), reaffirming the Bank’s commitment to strengthening Nigeria’s agricultural sector.He highlighted the Schem...

December 9, 2025 No Responses

COAS Decorates Army Spokesperson, Appolonia Anele With New Rank

The Chief of Army Staff (COAS), Lieutenant General Waidi Shaibu, on Tuesday decorated the Acting Director, Army Public Relations, Appolonia Anele, with the rank of Colonel, recognising her steadfast dedication and exemplary service to the Nigerian Army.At the ...

December 8, 2025 No Responses

Joshua Olugbodi Dies At 94

The Olugbodi Family of Ara Kingdom in Egbedore Local Government Area of Osun State has announced the passing of their patriarch, Chief Joshua Oyedele Olugbodi.The distinguished elder statesman and former senior executive of the Central Bank of Nigeria died on....

December 8, 2025 No Responses

NADDC Delegation Concludes Visit To Japan

The National Automotive Design and Development Council (NADDC) has concluded a high-level trip to Japan, securing strengthened partnerships and technical collaboration toward establishing Nigeria’s first modern End-of-Life Vehicle (ELV) recycling ecosystem.A...

December 8, 2025 No Responses

Tinubu Lauds Nigeria’s Armed Forces For Protecting Democracy In Benin Republic

President Bola Ahmed Tinubu has praised the courage and swift responsiveness of Nigeria’s Armed Forces following their successful intervention to protect the Republic of Benin’s 35-year democracy from an attempted military coup on Sunday.Responding to two ...

December 7, 2025 No Responses

SEC, NGX Group Hail ISA 2025 As Catalyst For Stronger Capital Market

The Securities and Exchange Commission (SEC) and the Nigerian Exchange Group (NGX Group) have affirmed that the newly enacted Investments and Securities Act (ISA) 2025, signed into law by President Bola Tinubu, will play a pivotal role in driving Nigeria’s.....

December 6, 2025 No Responses

Communique Of Progressive Governors

COMMUNIOUÉ ISSUED AT THE END OF THE PROGRESSIVE GOVERNORS FORUM (PGF) MEETING HELD IN LAGOS STATE, 5TH – 6TH DECEMBER 2025 The Progressive Governors Forum (PGF) held its Meeting in Lagos State on Friday 5th and Saturday 6th December 2025,...

December 6, 2025 No Responses

United Nigeria Airlines Begins Direct Flights To Ilorin

By ebosele@hotmail.com United Nigeria Airlines on Friday, December 5, 2025, commenced direct flight operations to Tunde Idiagbon International Airport, Ilorin, marking a significant milestone in the airline’s ongoing efforts to enhance connectivity and expan...

December 4, 2025 No Responses

CBN Hosts 35th IILM Governing Board Meeting

The Central Bank of Nigeria (CBN), led by Governor Olayemi Cardoso, hosted the 35th Governing Board Meeting of the International Islamic Liquidity Management Corporation (IILM) for the first time in Nigeria at the CBN Headquarters, Abuja.The meeting aligns wit...

December 4, 2025 No Responses

At Kano Trade Fair, NPA Highlights Reforms To Accelerate Non-Oil Export Expansion

The Managing Director of the Nigerian Ports Authority (NPA), Abubakar Dantsoho, has reiterated the Authority’s commitment to accelerating Nigeria’s non-oil export growth through streamlined port operations, enhanced digitalisation, and stronger linkages be...

December 4, 2025 No Responses

FRSC Boss Bags BusinessDay Public Service Award

By ebosele@hotmail.com The Corps Marshal, Federal Road Safety Corps (FRSC), Shehu Mohammed has been honoured with the BusinessDay Excellence in Public Service Award at the 2025 Public Service Lecture Series and Excellence Awards for Ministries, Departments, an...