Economy – City Business News

July 21, 2026 No Responses

Jetour Nigeria Unveils RELY R8 Premium Pickup For Rugged Performance, Luxury

Jetour Nigeria has expanded its product lineup with the launch of the RELY R8, a premium pickup truck designed to combine rugged off-road capability with advanced technology and SUV-level comfort for the Nigerian market.The company said the new RELY R8...

July 21, 2026 No Responses

NLNG Backs Nigeria’s Decarbonisation Drive

Nigeria LNG Limited (NLNG) has joined government agencies, regulators and key industry players in the newly inaugurated Joint Decarbonisation Working Group (JDWG), a strategic platform established to coordinate efforts aimed at reducing carbon emissions across...

July 20, 2026 No Responses

Alake, NIMC DG Explore Digital Identity Integration To Strengthen Mining Sector Reforms

The Minister of Solid Minerals Development, Dr. Dele Alake, has met with the Director-General of the National Identity Management Commission (NIMC), Dr. Abisoye Coker-Odusote, to explore how digital identity can support the Federal Government’s ongoing r...

July 20, 2026 No Responses

CSCS Declares First Ever Interim Dividend

The Board of Directors, Central Securities Clearing System (CSCS) Plc has approved an interim dividend of ₦1.00 per ordinary share for the six months ended 30 June 2026, marking the first interim dividend in the Company’s history.City Business News rep...

July 18, 2026 No Responses

NCDMB, Renaissance Begin Training For 300 Nigerians In Oil, Gas Field

The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Renaissance Africa Energy Company Limited, has commenced a specialised human capital development programme aimed at equipping 300 young Nigerians with industry-relevant skills i...

July 18, 2026 No Responses

ABC Transport Boosts Group-Wide Fleet Renewal With 2026 Luxury Coaches

ABC Transport Plc, Nigeria’s foremost provider of premium intercity transportation and integrated logistics services, has officially launched a comprehensive Group-wide Fleet Renewal Programme with the arrival of the first batch of its brand-new 2026-mod...

July 18, 2026 No Responses

SON, BPP Unveil Digital Standards Platform

The Standards Organisation of Nigeria (SON), in collaboration with the Bureau of Public Procurement (BPP), has launched the Digital Standards Platform (DSP), a major digital initiative aimed at integrating Nigerian Industrial Standards (NIS) into public procur...

July 17, 2026 No Responses

BOI Secures €60m EIB Facility To Boost Nigeria’s Cocoa Value Addition Drive

Photo Caption:L-R: Ayo Sotinrin, MD/CEO, Bank of Agriculture; Massimo De-Luca, Head of Cooperation of the European Union Delegation to Nigeria and ECOWAS; Olasupo Olusi, MD/CEO, Bank of Industry (BoI); Abubakar Kyari, Minister of Agriculture and Food Security;...

July 17, 2026 No Responses

Stakeholders Back LAMATA’s Development of Freight Policy Framework

By ebosele@hotmail.com The development of a comprehensive Freight Policy and Regulatory Framework for Lagos State received a major boost as freight industry stakeholders expressed strong support for the Lagos Metropolitan Area Transport Authority (LAMATA)&#821...

July 16, 2026 No Responses

How The Landlords’ Economy Is Pricing Nigerians Out Of Home

By Blaise Udunze – It is considered that in every organized society, the home is supposed to be a place of security. It should be where families find peace after a hard day’s work, where children grow, where dreams are...

July 15, 2026 No Responses

NIWA To Upgrade Dilapidated Jetties, Phase Out Unsafe Boats

By ebosele@hotmail.com The Chairman of the Governing Board of the National Inland Waterways Authority (NIWA), Barrister Mukhtar Shehu Shagari, has reaffirmed the Authority’s commitment to upgrading dilapidated infrastructure, phasing out unsafe boats, st...

July 15, 2026 No Responses

Stakeholders Back Nigeria Auto Summit On EV, CNG

Auto firms, transport regulators and key government agencies have confirmed participation in the 2026 Nigeria Auto Industry Summit(NAISU), underscoring growing industry support for Nigeria’s transition to electric vehicles (EVs) and Compressed Natural Ga...

July 15, 2026 No Responses

FG Inaugurates Ministerial Advisory Committee To Deepen Economic Reforms

By ebosele@hotmail.com – The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, on Tuesday inaugurated the Ministerial Advisory Committee (MAC), a high-level body of distinguished professionals drawn from the public and priv...

July 14, 2026 No Responses

Senator, Ministers, NUPRC Team Visit Dangote Refinery

The Chairman, Senate Committee on Upstream, Senator Eteng Williams; the Minister of State of Petroleum Resources (Oil), Senator Heineken Lokpobiri; the Minister of State for Petroleum Resources (Gas), Rt.Hon Ekperikpe Ekpo; as well as the management and board ...