Economy – Page 4 – City Business News

January 23, 2026 No Responses

WISTA Nigeria Hails Launch Of CVFF Application Portal

By Moses Ebosele, ebosele@hotmail.com The President of Women’s International Shipping and Trading Association (WISTA) Nigeria, Dr. Odunayo Ani, has congratulated the Federal Ministry of Marine and Blue Economy and the Nigerian Maritime Administration and Safety Agency (NIMASA) on the commissioning...

January 23, 2026 No Responses

Tinubu Gives Final Approval For Olokola Deep Seaport Project

Ogun State Governor, Prince Dapo Abiodun, has announced President Bola Tinubu’s approval for the immediate take-off of the long-delayed Olokola Deep Seaport project in Ogun Waterside Local Government Area, a development expected to transform Nigeria’s mari...

January 22, 2026 No Responses

NPA MD Hosts UAE Consul-General, To Strengthen Port, Trade Collaboration

Following Nigeria’s participation at the recently concluded Abu Dhabi Sustainability Week, the Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has received the Consul-General of the United Arab Emirates (UAE) in Nigeria, His E...

January 22, 2026 No Responses

Oyetola Unveils CVFF Application Portal

The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, on Thursday, January 22, 2026, officially launched and unveiled the Cabotage Vessel Financing Fund (CVFF) Application Portal, marking a historic milestone in Nigeria’s long-delayed effort to op...

January 22, 2026 No Responses

Petroleum Ministry Begins 2026 As Oyekunle Emphasises Collaboration

By ebosele@hotmail.com The Permanent Secretary, Ministry of Petroleum Resources, Mrs. Patience N. Oyekunle, has called on staff of the Ministry to strengthen collaboration and sustain a productive working relationship as activities for the 2026 work year comme...

January 21, 2026 No Responses

Ardova Attains ISO 27001:2022 Certification

Photo Caption: L-R: Moshood Olajide, MD Ardova Plc, receiving the ISO 27001 Certificate from Olaolu Omifare, Chairman, Cyberstage Systems Ltd, on Monday, 19th January 2026 at AP Headquarters, Lagos. Ardova Plc has been awarded the prestigious ISO 27001:2022 Ce...

January 20, 2026 No Responses

Seplat Targets NLNG Supply As ANOH Gas Project Achieves First Gas

By Moses Ebosele, ebosele@hotmail.com Seplat Energy on Tuesday announced the achievement of first gas from its 300 million standard cubic feet per day (MMscfd) Assa North–Ohaji South (ANOH) Gas Project, marking a major milestone in Nigeria’s gas developmen...

January 19, 2026 No Responses

UNILAG VC Charges ULBS Graduates To Drive Ease-Of-Doing-Business Reforms

By Moses Ebosele, ebosele@hotmail.com The Vice-Chancellor, University of Lagos (UNILAG), Prof. Folasade Ogunsola, has charged graduating students of the University of Lagos Business School (ULBS) to spearhead the development of innovative frameworks that will ...

January 19, 2026 No Responses

Tinubu Commends CGC Adeniyi, Lauds Customs Reforms

President Bola Ahmed Tinubu has commended the Comptroller-General Customs Service (CGC), Adewale Adeniyi MFR, on the occasion of his birthday, describing his tenure as one marked by impactful reforms and sustained institutional transformation.In a statement is...

January 19, 2026 No Responses

Nigeria, Abu Dhabi Port Group Sign MoU

Abu Dhabi Ports Group and Nigeria’s Federal Ministry of Marine and Blue Economy have signed a landmark Memorandum of Understanding (MoU) to explore strategic collaboration in ports development, maritime logistics, and digital solutions.A statement issued by ...

January 17, 2026 No Responses

Edo Begins Audit Of Abandoned Industries

As part of measures to revive moribund industries and stimulate economic growth, Edo State Government has commenced a comprehensive on-the-spot assessment of abandoned and non-functional industrial facilities across the state’s three senatorial districts.The...

January 17, 2026 No Responses

Stocks Close Higher As NGX Records N30b Gain

The Nigerian stock market rebounded on Friday, recovering from the previous session’s downturn as investors’ portfolios appreciated by about N30 billion.The positive performance was driven by gains in stocks such as Red Star Express, NCR Nigeria, SCOA and ...

January 13, 2026 No Responses

Nigeria, UAE To Co-Host Investopia, Tinubu Signs Trade Deal

President Bola Tinubu has announced that Nigeria will co-host the global investment platform, Investopia, with the United Arab Emirates (UAE) in Lagos this February, in a major move to attract international investors and accelerate sustainable investment inflo...

January 13, 2026 No Responses

Delta, BoI Sign N1b MSME Revolving Fund MoU

The Delta State Government, on Tuesday, signed a Memorandum of Understanding (MoU) with the Bank of Industry (BoI) for the management of a ₦1 billion revolving fund established to provide affordable loans to Micro, Small and Medium Enterprises (MSMEs) in...