Citybusinssnews – City Business News

December 21, 2025 No Responses

JEX Markets Appoints Ayemhere As MD/CEO

By Moses Ebosele, ebosele@hotmail.com JEX Markets Limited, Nigeria’s energy commodities exchange and market infrastructure company, has announced the appointment of Dr. Blessing Ayemhere as its Managing Director/Chief Executive Officer (MD/CEO), subject to the approval of the Securities and Exchange Commission...

December 19, 2025 No Responses

NAF Confirms Safe Departure of C-130 Aircraft

The Nigerian Air Force (NAF) has confirmed that its C-130 aircraft, which earlier made a precautionary landing in Bobo-Dioulasso, Burkina Faso, has safely departed and arrived in Accra in accordance with an updated flight plan.In a statement issued on Friday,....

December 19, 2025 No Responses

UBA Partners CIG Motors On $100m Vehicle Financing Scheme

United Bank for Africa (UBA) Plc has unveiled $100 million vehicle finance scheme in collaboration with CIG Motors, Lagride and Lagos State.The initiative is designed to ease the financial burden of purchasing vehicles by offering affordable loan options with ...

December 19, 2025 No Responses

CSCS Appoints Shehu Shantali As New CEO

By ebosele@hotmail.com The Central Securities Clearing System Plc (CSCS) has announced the appointment of Mr. Shehu Yahaya Shantali as its new Chief Executive Officer, effective January 1, 2026, subject to the receipt of regulatory no-objection.City Business N...

December 17, 2025 No Responses

NAHCO Hosts New NDLEA MMIA Commander

The Nigerian Aviation Handling Company Plc (NAHCO Plc) on Wednesday, December 17, 2025, received the newly appointed Commander of the National Drug Law Enforcement Agency (NDLEA), Murtala Muhammed International Airport (MMIA) Strategic Command, CN Muhammad Tuk...

December 17, 2025 No Responses

EFCC Arrests Herbalists with $3.4m, €280, 000 Counterfeit Notes

Operatives of the Ibadan Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, have uncovered huge counterfeit foreign notes to the tune of $3, 430, 000 (Three Million, Four Hundred and Thirty Thousand United States Dollars) and €280, 000....

December 17, 2025 No Responses

EFCC Probes Suspect Over Undeclared $800,575, € 651,505

Operatives of the Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, have commenced investigation of one Kavlak Onal, an Austrian national, who was arrested by operatives of the Nigeria Customs Service, NCS, on his way to...

December 16, 2025 No Responses

Customs College Graduates 100 Middle Cadre Officers

The Nigeria Customs Service (NCS) has graduated officers of Senior Course 13 and Junior Course 23 of the Nigeria Customs Command and Staff College (NCCSC), Gwagwalada, as part of ongoing efforts to strengthen leadership capacity, operational efficiency and str...

December 15, 2025 No Responses

NLNG Gets New MD

NLNG Bids Farewell to Mshelbila as Falade Appointed New Managing DirectorNigeria LNG Limited (NLNG) has held a symbolic sendoff ceremony in Abuja to mark the end of the tenure of its Managing Director and Chief Executive Officer, Mr Philip Mshelbila,...

December 15, 2025 No Responses

When Heavy Duty Vehicles Go Nameless

By Ojudu Babafemi Have you noticed a troubling pattern on our highways? An alarming number of trucks, trailers, tippers, tankers and other articulated vehicles move freely without visible registration numbers. They rumble through towns and cities, cross state ...

December 14, 2025 No Responses

NAF Begins Zonal Aptitude Test For 20,000 Applicants

The Nigerian Air Force (NAF) has commenced the Zonal General Aptitude Test for the Year 2025 Basic Military Training Course (BMTC) 46 Recruitment Exercise, with over 20,000 applicants participating across the country.The aptitude test is being conducted simult...

December 14, 2025 No Responses

ICPC Recovers ₦37.44b, $2.353m In 2025

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has announced the recovery of ₦37.44 billion and $2.353 million in 2025 through asset seizures and forfeitures, marking one of the Commission’s most significant annual recovery ...

December 14, 2025 No Responses

Stakeholders Task Regulators On ISA 2025 Implementation

President of the Independent Shareholders Association of Nigeria (ISAN), Moses Igbrude, has emphasised the need for efficient and impartial implementation of the Investments and Securities Act (ISA) 2025 to drive sustainable growth in the nation’s capital ma...

December 12, 2025 No Responses

NADDC Boss Endorses 10,000 Women In Mobility Initiative

The Director General of the National Automotive Design and Development Council (NADDC), Otunba Oluwemimo Joseph Osanipin, on Friday graced the National Launch of the 10,000 Women in Mobility Initiative, organised by the Nigerian Consumer Credit Corporation (CR...