Economy – City Business News

December 6, 2025 No Responses

NCDMB Unveils $100m Equity Investment Scheme

The Nigerian Content Development and Monitoring Board (NCDMB) has unveiled a $100 million Equity Investment Scheme among a raft of fresh initiatives to bolster indigenous capacity and participation in the oil and gas industry.The Executive Secretary of the NCDMB, Engr....

December 5, 2025 No Responses

NGX Inducts 115 Dealing Clerks

Nigerian Exchange Limited (NGX) has inducted 115 newly qualified Authorised Dealing Clerks, marking one of its largest cohorts in recent years and underscoring the Exchange’s efforts to strengthen professionalism across the capital market.The inductees, draw...

December 5, 2025 No Responses

Shippers’ Council Advocates Science-Driven Approach To Blue Economy Growth

The Executive Secretary/CEO of the Nigerian Shippers’ Council (NSC), Dr. Akutah Pius, has said that the sustainability and resilience of Nigeria’s Blue Economy depend on science-driven resource management, strong policy frameworks, modern technology and ac...

December 4, 2025 No Responses

CBN Hosts 35th IILM Governing Board Meeting

The Central Bank of Nigeria (CBN), led by Governor Olayemi Cardoso, hosted the 35th Governing Board Meeting of the International Islamic Liquidity Management Corporation (IILM) for the first time in Nigeria at the CBN Headquarters, Abuja.The meeting aligns wit...

December 4, 2025 No Responses

At Kano Trade Fair, NPA Highlights Reforms To Accelerate Non-Oil Export Expansion

The Managing Director of the Nigerian Ports Authority (NPA), Abubakar Dantsoho, has reiterated the Authority’s commitment to accelerating Nigeria’s non-oil export growth through streamlined port operations, enhanced digitalisation, and stronger linkages be...

December 4, 2025 No Responses

At World LNG Summit, NLNG Boss Harps On Affordable, Decarbonized LNG

At the World LNG Summit in Istanbul Turkey, the Managing Director of Nigeria LNG (NLNG), Philip Mshelbila, delivered a forward-looking perspective on the evolving role of liquefied natural gas in the global energy landscape, arguing that LNG’s potential exte...

December 4, 2025 No Responses

SEC To Unveil USSD Code, ISA Audio At Q4 CMC Meeting

By ebosele@hotmail.com. — The Securities and Exchange Commission (SEC) is set to unveil two innovative tools — a USSD service and “ISA Audio” — intended to broaden access to market information and boost investor engagement across Nigeria.City Bus...

December 4, 2025 No Responses

NGX Expands Market Offerings With Commercial Paper Listings

The Nigerian Exchange (NGX) has broadened its suite of capital market products with the formal introduction of Commercial Paper (CP) listings, marking a significant milestone in efforts to deepen the nation’s financial markets and enhance access to short-ter...

December 3, 2025 No Responses

AFRIPERF Adopts Nigeria As Headquarters, Elects Komolafe Chairman

The African Petroleum Regulators Forum (AFRIPERF) has unanimously adopted Nigeria as its official headquarters and also elected the Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engineer Gbenga Komolafe, as chairman of ...

December 2, 2025 No Responses

Benue Shippers Association Visits NSC Boss, Seeks Support

By ebosele@hotmail.com. — The Benue Shippers Association has paid a courtesy visit to the Nigerian Shippers’ Council (NSC) at its Liaison Office in Abuja.The visit aims at seeking stronger collaboration and practical solutions to the challenges faced b...

December 1, 2025 No Responses

Edo Assures Presco Of Adequate Protection, Welcomes $100m FDI

By ebosele@hotmail.com Edo State Governor, Senator Monday Okpebholo, has reaffirmed the State Government’s unwavering support for Presco Plc, describing Edo as a preferred destination for agricultural investment and a thriving hub for agro-industrial growth....

December 1, 2025 No Responses

NIMC DG, Abisoye Coker-Odusote, Bags ASCSN Award For Excellence

The Director General and Chief Executive Officer of the National Identity Management Commission (NIMC), Engr. (Dr.) Abisoye Coker-Odusote, has been honoured with the prestigious Award of Excellence in Capacity Building and Staff Welfare by the Association of S...

November 28, 2025 No Responses

TTP Announces New Technology Rollout For 2026, Facilitates Over 900,000 Truck Movements In Eleven Months

Truck Transit Parks Limited (TTP), operator of the ETO electronic call-up system for truck scheduling, has unveiled plans to deploy a new suite of technologies aimed at improving cargo evacuation and traffic management around Nigeria’s seaports in 2026.Speak...

November 28, 2025 No Responses

Delta Budgets N1.664tri For 2026

Delta State Governor, Sheriff Oboreveori on Wednesday presented the 2026 Appropriation Bill of N1.664 trillion to the State House of Assembly.Presenting the bill during plenary of the Assembly in Asaba, Oborevwori said,” I wish to announce a budget proposal ...