Citybusinessnews Archives — Page 2 of 84

April 19, 2025 No Responses

KLT Customs Command Attains 61 Per Cent Increase In 2025 Q1 Revenue

For the first quarter (QI), 2025, the Nigeria Customs Service (NCS), Kirikiri Lighter Terminal (KLT) Area Command recorded 61% increase in revenue generation while also intensifying efforts against illicit imports.Briefing Journalists, the Customs Area Controller (CAC), Comptroller Joy Edelduok, disclosed...

April 17, 2025 No Responses

At National Spokespersons Awards 2025, Customs Bags Best Corporate Team Honour

The Nigeria Customs Service (NCS) has emerged as the Best Corporate Spokesperson Team at the 5th National Spokespersons Awards 2025, held at the Ladi Kwali Conference Centre, Abuja Continental Hotel.The award ceremony, which followed a two-day Nigeria Spokespe...

April 17, 2025 No Responses

Ojulari Pledges Strategic Collaboration To Deliver Presidential Mandate

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Bashir Bayo Ojulari, has reaffirmed his commitment to forging strong and effective partnerships with key stakeholders to successfully deliver on the strategic...

April 16, 2025 No Responses

Police Declares Frank Nneji’s Daughter, ABC Transport Founder Wanted

The Nigeria Police Force has declared wanted Ihuoma Julia Nneji, daughter of the founder of ABC Transport Plc, Frank Nneji over alleged cyber crime.City Business News reports that Miss Nneji was declared wanted Tuesday night by the office of the...

April 16, 2025 No Responses

EFCC Arrests 40 Suspected Internet Fraudsters

Operatives of the Kaduna Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, have arrested 40 suspected internet fraudsters in Bida and Minna Local Government Areas of Niger State.They were arrested following credible intelligence that lin...

April 16, 2025 No Responses

Africa’s Asset Recovery Forum Seeks Action against Stolen Assets

The African Asset Recovery Practitioners Forum, AARP, has charged African countries to join hands in forging a road map and actionable processes against resource theft and asset recovery on the continent. This charge was given at the ongoing inaugural meeting....

April 16, 2025 No Responses

Diri Tasks Renaissance Energy On Support For Host Communities

Governor of Bayelsa State, Senator Douye Diri, has advised the management of Renaissance Africa Energy Company Limited that having acquired the assets of Shell Petroleum Development Company (SPDC), it should operate differently from the former owners of the oi...

April 16, 2025 No Responses

NADDC Boss At MOMAN AGM, Harps On Local Component Production

The Director General, National Automotive Design and Development Council (NADDC), Oluwemimo Joseph Osanipin has laid out a transformative vision for Nigeria’s motorcycle and 3-wheeler industry centered on local component production.In his address at the Annu...

April 15, 2025 No Responses

Court Jails Man For Refusal To Accept Naira As Legal Tender

Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos, on Tuesday, April 15, 2025, convicted and sentenced one Uzondu Precious Chimaobi to four years imprisonment for his refusal to accept the Naira as a legal tender.Chimaobi was...

April 15, 2025 No Responses

IITA Partners Bayelsa On Farm Centre

The International Institute of Tropical Agriculture (IITA) located in Ibadan, Oyo State, has disclosed plans to set up a sub-national centre in Bayelsa State through partnership with the state government.The Deputy Director-General of the institute, Dr. Kenton...

April 15, 2025 No Responses

CSCS Proposes N1.76 Dividend For 2024

Central Securities Clearing System (CSCS) Plc has released its audited consolidated and separate financial statements for the year ended December 31, 2024, delivering double-digit growth in revenue and profitability.Total revenue increased by 37% to N26.1 bill...

April 15, 2025 No Responses

Oyetola To NIMASA: Commence Process Of CVFF Disbursement

The Minister of Marine and Blue Economy, Adegboyega Isiaka Oyetola has directed the Nigerian Maritime Administration and Safety Agency (NIMASA) to commence the process that will lead to the long-awaited disbursement of the Cabotage Vessel Financing Fund (CVFF)...

April 15, 2025 No Responses

NAPTIP, MMS, WoFHoF Initiative Sign MoU On Human Trafficking In Maritime Sector

Photo Caption: The Director General, National Agency for the Prohibition of Trafficking in Person(NAPTIP), Hajia Binta Lami Adamu Bello(4th from right); Hajia Lami Tumaka, Board member, MMS WoFHoF Initiative(3rd from left);Bar ( Mrs) Nneka, Ajie, Deputy Direct...

April 13, 2025 No Responses

Seplat Energy Sustainability Commitments Are Largely Long-Term, Says COO

Seplat Energy Plc has restated its commitments to energy sustainability as it impacts people, environment and corporate governance, stressing that its focus is long-term with dividends accruable beyond today.The Chief Operating Officer, Seplat Energy, Mr. Sams...