Economy – Page 4 – City Business News

July 5, 2026 No Responses

Customs, Afreximbank Deepen Trade Facilitation Partnership

The Nigeria Customs Service (NCS) has again reaffirmed its commitment to advancing intra-African trade by deepening its partnership with the African Export-Import Bank (Afreximbank) to strengthen trade facilitation, enhance customs cooperation, and accelerate the implementation of the African Continental Free...

July 4, 2026 No Responses

Shippers’ Council Advances Sweeping Reforms, Saves Nigerian Economy, Shippers ₦90.6bn, $1.35m

By Moses Ebosele, ebosele@hotmail.com The Executive Secretary and Chief Executive Officer of the Nigerian Shippers’ Council (NSC), Dr. Pius Akutah, on Saturday in Lagos explained in details how the Council safeguarded more than ₦90.60 billion and $1.34...

July 3, 2026 No Responses

Dangote Cement Shareholders Get N753.8b Dividend For 2025

By ebosele@hotmail.com – For the year 2025, Shareholders of Dangote Cement Plc has approved a 50 per cent increase in dividend payout, raising the dividend from N30 per share to N45 per share, which translates to a total payout of...

July 2, 2026 No Responses

FRSC, NADDC, SON Headline Auto Summit On EV, CNG

By ebosele@hotmail.com Nigeria’s transition to cleaner transportation is set to gain fresh momentum as top government agencies converge at the 3rd Nigeria Auto Journalists Association (NAJA) Auto Summit on July 30, 2026, to develop strategies for the saf...

July 2, 2026 No Responses

Diri Seeks Greater Role For Coastal States In Blue Economy Development

Governor of Bayelsa State, Senator Douye Diri, has advocated for Nigeria’s coastal states to maximise their aquatic potential to contribute to the growth of the country’s marine and blue economy.Governor Diri also contended that the country’s maritime do...

July 2, 2026 No Responses

Oyetola Urges States, Private Sector To Drive Nigeria’s Blue Economy Growth

The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, has called for stronger collaboration between the Federal Government, state governments, the private sector and development partners to accelerate the implementation of Nigeria’s National Policy...

July 2, 2026 No Responses

NADDC Boss Meets Finance Minister On Incentives For Auto, EV Industry

The Director-General of the National Automotive Design and Development Council, NADDC, Otunba Oluwemimo Joseph Osanipin, paid a courtesy visit to the Minister of Finance & Coordinating Minister of the Economy, Mr. Taiwo Oyedele, on Tuesday, 1st July 2026, ...

June 30, 2026 No Responses

NRC Grants LAMATA Permanent Rail Operating Licence

The Nigerian Railway Corporation (NRC) has granted the Lagos Metropolitan Area Transport Authority (LAMATA) a permanent operating licence and a long-term Track Access Agreement, a landmark regulatory approval expected to accelerate the expansion of Lagos&#8217...

June 30, 2026 No Responses

Dangote Explore Multi-Billion-Dollar Investments In Tanzania

President Samia Suluhu Hassan of Tanzania has held high-level talks with President and Chief Executive of Dangote Industries Limited, Aliko Dangote, on a major expansion of the Group’s investments in Tanzania, with discussions focusing on transport infrastru...

June 30, 2026 No Responses

NPA Backs Abuja MoU To Boost Maritime Governance

The Managing Director and Chief Executive Officer of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has reaffirmed the Authority’s commitment to strengthening regional maritime governance, describing the Abuja Memorandum of Understanding (Abu...

June 25, 2026 No Responses

FRSC Boss Honoured For Sustained Commitment To Road Safety, Public Enlightenment

The Corp Marshall of the Federal Road Safety (FRSC), Shehu Muhammed has been honoured with an award in recognition of his sustained commitment to road safety advocacy, public enlightenment and relentless efforts to reduce road traffic crashes and promote safer...

June 25, 2026 No Responses

PTML Unveils $50m Port Expansion Plan As Oyetola Reaffirms Maritime Hub Vision

The Managing Director of Port and Terminal Multiservices Limited (PTML), Mr Ascanio Russo, has unveiled a proposed fresh investment of $50 million in the terminal as part of efforts to strengthen port infrastructure, boost operational efficiency and support Ni...

June 24, 2026 No Responses

Tinubu Backs Mastercard Plan To Digitally Empower Five Million Businesses

President Bola Ahmed Tinubu has assured global investors that Nigeria’s youthful and technology-driven population remains the country’s greatest asset, expressing strong support for Mastercard’s proposal to equip five million Nigerian businesses with dig...

June 20, 2026 No Responses

Lagos Lauds European Investment Bank Support For Omo Omi Eko Project

The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has applauded the European Investment Bank (EIB) for its support towards the Omi Eko Project, describing the intervention as a transformative investment that will improve urban mobility, enhance economic pro...