Economy – City Business News

July 30, 2026 No Responses

NIMASA Reaffirms Commitment To Youth-Led Blue Economy

The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its commitment to placing Nigerian youths at the centre of the nation’s Marine and Blue Economy agenda, declaring that the country’s ambition to become Africa’s Blue Giant will be driven...

July 30, 2026 No Responses

17th National Council Charts Path to Boost Industry, Trade, Investment

By ebosele@hotmail.com – The 17th National Council on Industry, Trade and Investment (NCITI), held in Enugu with a renewed commitment to strengthening Nigeria’s industrial competitiveness, expanding trade opportunities and attracting investments to...

July 28, 2026 No Responses

NLNG Attains $149.6b Revenue, Remits $10.8b Tax

THE Nigeria LNG (NLNG) has generated $149.6 billion in revenue since it began operations, and has paid $10.8 billion in taxes to the Federal Government since becoming tax-compliant in 2009.Managing director and chief executive officer, Engr. Adeleye Falade, di...

July 28, 2026 No Responses

At NASS, SEC DG Highlights 20% Ministerial Waiver, AfDB Facility For Market Surveillance

The Director-General, Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has disclosed that a 20 per cent waiver approved by the Minister of Finance and a facility from the African Development Bank (AfDB) have significantly strengthened the Commiss...

July 27, 2026 No Responses

CAC Insists On Registration Of FirstMonie PoS Operators

The Corporate Affairs Commission (CAC) has stepped up efforts to regulate FirstMonie Point-of-Sale (PoS) operators, directing that all businesses operating through the platform must be registered with the Commission in accordance with the Companies and Allied ...

July 25, 2026 No Responses

LAMATA Engages AfDB On Green Line Rail Project

The Lagos Metropolitan Area Transport Authority (LAMATA), in collaboration with the Ministry of Finance Incorporated (MOFI), has advanced plans for the Lagos Rail Mass Transit (LRMT) Green Line with a high-level stakeholder engagement involving representatives...

July 25, 2026 No Responses

Nigeria’s $2b Renewable Energy Investment Yields Only 76,000 Jobs, REA Flags Local Capacity Gap

Dr. Abba Aliyu, Managing Director of the Rural Electrification Agency (REA), has disclosed that Nigeria’s renewable energy workforce participation remains significantly low, with the sector generating only about 70,000 jobs despite attracting over $2 billion...

July 25, 2026 No Responses

NIMASA DG Reaffirms Commitment To Green Shipping, Maritime Decarbonisation

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, has reaffirmed the Agency’s commitment to advancing maritime decarbonisation, promoting green shipping practices, and strengthening marine environmen...

July 25, 2026 No Responses

Minister Inaugurates Committee To Draft VAT Modification Order

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele has inaugurated the Inter-Ministerial Committee on the VAT Modification Order 2026, charging members to develop a modern framework that will support the implementation of Nigeria&#...

July 23, 2026 No Responses

Blessing Computers Highlights 20 Years Of Customer-Focused ICT Solutions

For more than 20 years, Blessing Computers Limited has continued to build a reputation as one of Nigeria’s trusted technology solution providers, delivering genuine ICT products, infrastructure solutions and dependable after-sales support to individuals,...

July 23, 2026 No Responses

NCDMB, Chevron, Tomba Strengthen Local Capacity with Storage Tank Training

By ebosele@hotmail.com The Nigerian Content Development and Monitoring Board (NCDMB), in collaboration with Chevron Nigeria Limited (CNL) and Tomba Resources Nigeria Limited (TRNL), has commenced the Nigerian Content Human Capacity Development (NC-HCD) Provisi...

July 22, 2026 No Responses

PTML Customs Unveils MIS File Tracker To Boost Digital Transformation

By ebosele@hotmail.com The Nigeria Customs Service (NCS) has taken another significant step in its digital transformation journey with the official launch of the Management Information System (MIS) File Tracker at the PTML Area Command.City Business News repor...

July 22, 2026 No Responses

TransQuest Symposium To Drive Dialogue On Nigeria’s Blue Economy Future

Leading figures in Nigeria’s maritime, Customs and transport sectors will converge in Lagos on Saturday, July 25, 2026, for the TransQuest Anniversary Transport Development Symposium and Awards, where stakeholders will examine strategies for accelerating...

July 22, 2026 No Responses

SIFAX Group Tasks Young Nigerians To Shape Africa’s Blue Economy Future

SIFAX Group has challenged young Nigerians to take the lead in shaping the future of the country’s maritime industry, stressing that the nation’s ambition to emerge as Africa’s blue economy hub depends largely on a new generation of skilled, innovative.....