Economy – City Business News

February 20, 2026 No Responses

Customs Attains ₦362.79b Revenue Growth With AEO Programme

The Nigeria Customs Service (NCS) has announced a significant revenue and trade facilitation milestone under its Authorised Economic Operator (AEO) Programme, with revenue rising from ₦1.222 trillion before certification to ₦1.585 trillion after certification.The increase of ₦362.79 billion represents a...

February 20, 2026 No Responses

CBN Seeks Coordinated Digital Payment Reforms At G-24 TGM 2026

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called for coordinated reforms in digital cross-border payments to drive inclusive growth, strengthen financial stability, and deepen global financial integration across developing economi...

February 19, 2026 No Responses

Tincan Island Customs Attains N145.9b Revenue In January

For the Month of January 2026, the Nigeria Customs Service (NCS), Tin Can Island Command, generated N145.9 billion.The Customs Area Comptroller (CAC), Frank Onyeka, who disclosed the figure while briefing Journalists in Lagos also explained plans to commence f...

February 18, 2026 No Responses

NCAA HOSTS WAKANOW TEAM

The Management of the Nigeria Civil Aviation Authority (NCAA) on Tuesday received, on a courtesy visit, a team from Wakanow, led by its Managing Director/Chief Executive Officer, Mrs. Adenike Macaulay, at the Authority’s Corporate Headquarters in Abuja.While...

February 17, 2026 No Responses

Nigeria Unveils Industrial Policy, Charts Path To Production-Led Growth

The Vice President of the Federal Republic of Nigeria, Kashim Shettima, on behalf of President Bola Ahmed Tinubu, on Tuesday delivered the keynote address at the official launch of the Nigeria Industrial Policy (NIP) in Abuja, describing it as a...

February 17, 2026 No Responses

Oyedele: Partnership With NANTA Key To Tax Reform Success

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has expressed optimism that Nigeria’s ongoing tax reforms will achieve lasting success through sustained engagement with key industry stakeholders, like the National ...

February 16, 2026 No Responses

Committee Debunks Viral Claims On New Tax Laws

The Presidential Fiscal Policy and Tax Reforms Committee has dismissed as false a viral video alleging that new tax laws will take effect in 2027 and impose a 25 per cent tax on funds earmarked for building materials and other...

February 15, 2026 No Responses

NIMASA, NUPRC Deepen Collaboration To Boost Investment Climate

The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have reaffirmed their commitment to strengthening Nigeria’s investment climate through enhanced inter-agency collaboration.This ...

February 14, 2026 No Responses

Nigeria Customs Targets Paperless Clearance By Q2 2026

The Nigeria Customs Service (NCS) is to rollout paperless customs clearance system by the end of the second quarter of 2026.The Comptroller-General of Customs, Bashir Adewale Adeniyi, made the disclosure on Friday at the launch of the NCS One-Stop-Shop (OSS).....

February 14, 2026 No Responses

NDIC Hosts Kano Town Hall

The Nigeria Deposit Insurance Corporation (NDIC) has convened a Stakeholders’ Town Hall Meeting in Kano as part of efforts to strengthen public trust in the nation’s banking system and enhance consumer protection.Themed “Strengthening Depositor Confidenc...

February 13, 2026 No Responses

NADDC Unveils Potiskum Training Centre

The National Automotive Design and Development Council (NADDC) on Thursday commissioned its Automotive Training Centre in Potiskum, Yobe State, as part of measures to deepen skills development and strengthen Nigeria’s automotive industry.The commissioning ce...

February 13, 2026 No Responses

NLNG Harps On Inclusive Energy Leadership At SAIPEC 2026

As part of its participation at the 2026 edition of the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) held in Lagos, Nigeria LNG (NLNG) reinforced its commitment to inclusive growth across Africa’s energy landscape.Ijeoma Onye...

February 12, 2026 No Responses

Tinubu Hails BOI’s N636b Disbursement In 2025

President Bola Ahmed Tinubu has commended the Bank of Industry (BOI) for disbursing a record N636 billion to businesses in 2025, describing the milestone as the highest annual financing volume in the institution’s history and clear evidence that ongoing macr...

February 12, 2026 No Responses

NIMASA Reaffirms Commitment To Shipyard Development

THE Nigerian Maritime Administration and Safety Agency NIMASA has reiterated its commitment to strengthening Nigeria’s shipbuilding and shipyard development as part of efforts to deepen the blue economy and curb capital flight.This assurance was given at a s...