Economy – City Business News

March 13, 2026 No Responses

Tinubu Approves Presidential Taskforce On Petroleum Sector Reforms

President Bola Ahmed Tinubu has approved the establishment of a Presidential Petroleum Reform and Value Optimisation Taskforce to design and coordinate the next phase of structural reforms in Nigeria’s petroleum sector.The President appointed Fola Adeola, co-founder of Guaranty Trust Bank...

March 13, 2026 No Responses

NPA Port Modernisation, NSW As Catalysts For Economic Growth

The maritime sector in Nigeria, the gateway through which over 80 per cent of the nation’s international trade flows, is undergoing a sweeping transformation, which is being midwifed by the Managing Director of the Nigerian Ports Authority, Dr. Abubakar Dant...

March 11, 2026 No Responses

Tinubu nominates Lamido Abubakar Yuguda As CBN Deputy Governor

President Bola Ahmed Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria, subject to confirmation by the Senate.The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria...

March 11, 2026 No Responses

NADDC, NMDPRA Strengthen Partnership

The National Automotive Design and Development Council (NADDC) on Tuesday paid a courtesy visit to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) headquarters in Abuja as part of efforts to strengthen collaboration aimed at advan...

March 11, 2026 No Responses

SEC Unveils First Regulator–FinTech Clinic To Strengthen Innovation, Investor Protection

The Securities and Exchange Commission (SEC) has launched its inaugural Regulator–FinTech Clinic as part of efforts to deepen engagement with Nigeria’s rapidly expanding financial technology ecosystem while promoting regulatory compliance and investor prot...

March 10, 2026 No Responses

Customs Commissions Data Analytics Centre At Apapa Port

The Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, has commissioned a Data Analytics Centre and inspected a newly installed Drive-Through Scanner at Apapa Port as part of efforts to enhance intelligence-driven operations and ...

March 10, 2026 No Responses

NSIB DG Engages Workforce On Welfare, Operations

The Director General and Chief Executive Officer of the Nigerian Safety Investigation Bureau, Captain Alex Badeh Jr. has concluded a town hall meeting with staff and members of the management team at the Bureau’s auditorium in Abuja.The session brought toget...

March 10, 2026 No Responses

Hadiza Bala Usman Highlights Role Of Policy Coordination In Effective Governance

The Special Adviser to the President on Policy and Coordination and Head of the Central Results Delivery Coordination Unit (CRDCU), Hadiza Bala Usman, on Tuesday delivered a presentation at the AIG Public Leaders Programme organised by the AIG Foundation, wher...

March 9, 2026 No Responses

Tantita MD Awards ₦800m To 80 Entrepreneurs At Kestin Pondi Business Grant

The second edition of the Kestin Pondi Business Grant aimed at empowering entrepreneurs and strengthening grassroots economic development was held on Monday, March 9, 2026, at MBB Consortium.Sponsored by Kestin Ebimobowei Pondi, Managing Director of Tantita Se...

March 9, 2026 No Responses

Jetour Targets Nigeria’s Urban SUV Buyers With X50

Jetour Nigeria is currently disrupting the compact Sports Utility Vehicle (SUV) segment with the X50 model.The Jetour X50 boasts of a feature-rich compact SUV, designed to deliver a high level of safety, technology and comfort for everyday driving.Built with a...

March 8, 2026 No Responses

Resolution Of OPL 245 Dispute To Strengthen Nigeria’s Economy, Says Fagbemi

The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, has said that the resolution of the long-standing dispute over OPL 245 will reposition Nigeria’s economy and strengthen the country’s fiscal capacity.Fagbemi made the remark in...

March 8, 2026 No Responses

Customs, PEBEC Partner To Drive Paperless Port Reforms

The Nigeria Customs Service (NCS) has reaffirmed its commitment to establishing a fully paperless port environment as part of broader efforts to modernise cargo clearance and improve Nigeria’s competitiveness in global trade.The Comptroller-General of Custom...

March 7, 2026 No Responses

Customs Intensifies Stakeholder Engagement To Drive National Single Window Implementation

The Nigeria Customs Service (NCS) has intensified efforts to ensure the successful implementation of the National Single Window (NSW) project, reaffirming its leadership role in advancing Nigeria’s trade modernisation and digital transformation agenda.Speaki...

March 6, 2026 No Responses

Nigerian Stocks Rebound, Investors Gain N220b

The Nigerian equities market on Thursday rebounded from a one-day slump, adding about N220 billion to investors’ portfolios as buying interest returned to several stocks across key sectors.Market data showed that the market capitalisation rose by 0.18 per ce...