Economy – City Business News

March 29, 2026 No Responses

At Enugu Trade Fair, NPA Targets Export Expansion, Eastern Ports Upgrade

The Nigerian Ports Authority (NPA) has unveiled a comprehensive strategy to boost Nigeria’s non-oil exports, anchored in infrastructure renewal, export process simplification, and the full automation of port operations.Speaking at the 37th Enugu International Trade Fair, the Managing Director, NPA,...

March 27, 2026 No Responses

NCDMB Lauds ESSO On $23m New Logistics Base At LADOL

The Nigerian Content Development and Monitoring Board (NCDMB) has applauded ESSO Nigeria on the groundbreaking of its permanent shorebase facility at the LADOL Deep Offshore Logistics Base, describing the project as a major demonstration that Nigeria has becom...

March 27, 2026 No Responses

Dangote Refinery Refutes IPO Reports

Dangote Petroleum Refinery and Petrochemicals (DPRP) has raised concerns over the circulation of unauthorised and misleading reports suggesting a potential Initial Public Offering (IPO), warning the public to treat such information with caution.In a statement,...

March 27, 2026 No Responses

NADDC Backs Tinubu’s Turbo Fest 2026

The National Automotive Design and Development Council (NADDC) has reaffirmed its commitment to the growth of Nigeria’s automotive sector and motorsports culture by throwing its support behind Tinubu’s Turbo Fest 2026.Under the leadership of its Director-G...

March 27, 2026 No Responses

CAC, NCC Deepen Partnership To Boost Transparency, Economic Growth

The Corporate Affairs Commission (CAC) and the Nigerian Communications Commission (NCC) have agreed to strengthen collaboration aimed at enhancing transparency and driving economic growth in Nigeria.The resolution was reached in Abuja during a courtesy visit b...

March 26, 2026 No Responses

NRC Begins Recertification For Red Line Operational License

The Nigerian Railway Corporation (NRC) has commenced the recertification process for the Lagos Rail Mass Transit (LRMT) Red Line operational license, following the earlier issuance of a one-year provisional license for the system.As part of the process, a high...

March 26, 2026 No Responses

Nigeria Urges Stronger EU Role Against Illegal Fishing, Maritime Crimes

Photo Caption: L-R: Permanent Secretary, Federal Ministry of Marine and Blue Economy, Mrs. Fatima Sugra Mahmood; Honourable Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola; Head of the European Union Evaluation Mission on the Gulf of Guinea Inter-r...

March 25, 2026 No Responses

Nigeria Customs, AfCFTA Advance Simplified Trade Regime

The Nigeria Customs Service (NCS) has strengthened efforts to promote inclusive trade and support small-scale businesses through a strategic engagement with a delegation from the African Continental Free Trade Area Secretariat.The meeting, held on March 23, 20...

March 24, 2026 No Responses

SEC Nigeria DG, Agama Re-Elected AMERC Vice Chair

The Securities and Exchange Commission Nigeria (SEC Nigeria) has announced the re-election of its Director-General, Emomotimi Agama, as Vice Chair of the Africa/Middle-East Regional Committee (AMERC) of the International Organization of Securities Commissions ...

March 24, 2026 No Responses

Jetour T2 PHEV Redefines Nigeria’s SUV Market With Hybrid Innovation

Jetour is raising the bar in Nigeria’s Sports Utility Vehicle (SUV) segment with the introduction of the T2 Plug-in Hybrid Electric Vehicle (PHEV), a model that combines rugged off-road capability with advanced electrification technology.Designed for motoris...

March 23, 2026 No Responses

SEC, NYSC Sign MoU On Community Development

The Securities and Exchange Commission (SEC) and the National Youth Service Corps (NYSC) have signed a Memorandum of Understanding (MoU) on a Community Development Service Group in the NYSC scheme to educate corps members on the risks of fraudulent investment....

March 22, 2026 No Responses

LCCI Seeks Stronger Nigeria–Ireland Trade, Investment Ties

The Lagos Chamber of Commerce & Industry (LCCI) convened a high-level roundtable on Friday, March 20, 2026 to mark the official visit of Jack Chambers, Deputy Leader of Fianna Fáil and Ireland’s Minister for Public Expenditure, Infrastructure, Public Se...

March 19, 2026 No Responses

Nigeria Customs, UK Counterpart Deepen Strategic Engagement

The Nigeria Customs Service (NCS) has strengthened its strategic engagement with the United Kingdom’s His Majesty’s Revenue and Customs (HMRC) as part of efforts to enhance international customs cooperation and advance trade facilitation.The development fo...

March 18, 2026 No Responses

NCAA ISSUES AOC TO BINANI AIR

The Nigeria Civil Aviation Authority (NCAA), on Wednesday, March 18, 2026, issued Air Operator Certificate to Binani Air Global Services to commence scheduled flight operations.Speaking during the presentation ceremony held in Abuja, the Director-General of Ci...