Economy – City Business News

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 by the Executive Vice Chairman/Chief...

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...

March 17, 2026 No Responses

Nigeria Seals £746m UK Deal To Boost Port Infrastructure

The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, is to sign £746 million financing agreement with the United Kingdom for the modernisation of Nigeria’s seaport infrastructure.The historic financing arrangement, secured with the backing of UK...

March 17, 2026 No Responses

Popoola In London, Highlights Nigeria’s Capital Market Re-rating

The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group (NGX Group), Temi Popoola, has said Nigeria’s capital market is undergoing a re-rating as global investors begin to reassess the country’s economic trajectory and investment pot...

March 16, 2026 No Responses

Tinubu Swears In Taiwo Oyedele As Minister Of State For Finance

President Bola Tinubu on Monday swore in Mr. Taiwo Oyedele, the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, as Minister of State for Finance, extolling his determination and dedication to duty.President Tinubu, who spoke after the....

March 16, 2026 No Responses

Nigeria’s Stock Market Crosses 200,000 Points, Market Cap Hits ₦129.33trn

Nigeria’s equities market reached a historic milestone on Monday as the Nigerian Exchange Limited All-Share Index (ASI) crossed the 200,000-point mark, buoyed by strong investor demand and gains across major sectors of the market.The benchmark index climbed ...