Citybusinssnews – Page 15 – City Business News

April 8, 2026 No Responses

Nigeria Regains FTSE Frontier Market Status

Nigeria has been restored to Frontier Market status by FTSE Russell, marking a major milestone in the country’s return to global investment indices and signalling fresh opportunities for international investors.The reclassification from “Unclassified” to “Frontier Market” was approved by the...

April 8, 2026 No Responses

A New Dawn: Ohaeri As The New Voice Of FRSC

By MUKHTAR Ya’u Madobi A defining moment has arrived for public communication in Nigeria’s road safety architecture, one that signals renewal, precision, and a bold reawakening of purpose.With the recent strategic reshuffle within the Federal Road Safety C...

April 8, 2026 No Responses

Customs, PEBEC Align On Strategy To Improve Port Efficiency

The Nigeria Customs Service (NCS), in collaboration with the Presidential Enabling Business Environment Council (PEBEC), has launched a results-driven reform agenda to improve operational efficiency and enhance Nigeria’s trade competitiveness through better-...

April 5, 2026 No Responses

Tinubu Approves ₦3.3trn Power Sector Debt Settlement

President Bola Ahmed Tinubu has approved a comprehensive payment plan to settle longstanding debts in Nigeria’s power sector, marking a major step toward stabilising electricity supply across the country.The initiative, implemented under the Presidential Pow...

April 3, 2026 No Responses

Tinubu To Commission Gateway Airport, State Airline, Customs Facility

President Bola Tinubu will, on Saturday, April 4, 2026 embark on an official visit to Ogun State for the commissioning of major infrastructure projects, including the Gateway International Airport in Iperu.The airport, described as an ambitious initiative, is ...

April 3, 2026 No Responses

Edun Commends NUPRC As Oil Production Hits 1.84mbpd, Urges Push To 2mbpd

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for steering Nigeria’s petroleum sector to a production level of 1.84 million barrels per day.Edun gave t...

April 3, 2026 No Responses

Photo News

L-R: Joseph Ogundiran, Corporate Communications Officer, SIFAX Group; Dr. Boniface Aniebonam, Founder and Former President, National Association of Government Approved Freight Forwarders(NAGAFF); Captain Ibraheem Olugbade, Executive Director, Ports & Cargo...

April 3, 2026 No Responses

FRSC Redeploys 162 Officers, Names Ohaeri New Spokesman

The Corps Marshal, Federal Road Safety Corps (FRSC), Shehu Mohammed, has approved the redeployment of 162 senior officers.A statement issued on Thursday by Agboola Olundegun, Assistant Corps Commander (ACC), Administration, Corps Public Education Office (CPEO)...

April 2, 2026 No Responses

Pi-CNG Partners FRSC On CNG, EV Adoption, Safety

By ebosele@hotmail.com The Executive Chairman of the Presidential Initiative on Compressed Natural Gas (Pi-CNG), Ismaeel Ahmed, has announced a strategic collaboration with the Corps Marshal of the Federal Road Safety Corps (FRSC), Shehu Mohammed, aimed at adv...

April 2, 2026 No Responses

Oyetola: National Shipping Carrier Project Records Major Milestone

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced significant progress toward the refloating of a national shipping carrier, marking a major step in strengthening Nigeria’s maritime industry.Oyetola made the disclosure on Thursday du...

April 2, 2026 No Responses

Tinubu Names New PTDF Boss, Extends TCN MD’s Tenure

President Bola Ahmed Tinubu has appointed Professor Shu’aibu Shehu Aliyu as the Executive Secretary of the Petroleum Technology Development Fund (PTDF).He replaced Ahmed Galadima Aminu, who recently resigned to participate in the 2027 governorship election i...

April 2, 2026 No Responses

Lagos Seals Access Bank Branch Over Attack On Officials

The Lagos State Government has sealed an Access Bank branch in Victoria Island over alleged environmental violations and an attack on its enforcement officers.This was disclosed in a Wednesday statement by the Lagos State Commissioner for the Environment and W...

April 1, 2026 No Responses

NPA Photo News

The Managing Director, Nigerian Ports Authority (NPA), Abubakar Dantsoho (left), on Wednesday, received the Consul-General of the United States in Nigeria, Mr. Rick Swart at the NPA Headquarters in Marina, Lagos

March 31, 2026 No Responses

Alleged N1.4b Fraud: EFCC Re- arraigns Nadabo Energy Boss

The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Tuesday, March 31, 2026, re-arraigned Nadabo Energy Boss, Abubakar Ali Peters, for an alleged N1.4 billion oil fraud before Justice Ismail Ijelu of the Lagos State...