Economy – Page 43 – City Business News

August 25, 2025 8 Responses

Blue Economy: NIMASA, NSE Strengthen Ties

The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, has emphasized the critical role of professionalism in engineering practice as a foundation for Nigeria’s maritime and Blue Economy development.Dr. Mobereola made this remark while receiving the...

August 24, 2025 3 Responses

Lagos Projects $250m Annual Leather Exports

Lagos State Governor, Babajide Sanwo-Olu has protected annual export earnings exceeding $250 million (₦387.5 billion) when the Lagos Industrial Leather Hub becomes fully operational.The Governor made this known on Saturday during the inauguration of the hub ...

August 23, 2025 5 Responses

FG, States, LGs Share N2.001 trillion

The Federation Account Allocation Committee (FAAC) has shared a total sum of N2.001 trillion, to the Federal Government, States and the Local Government Councils, as Revenue for July 2025.The revenue was shared at the August 2025 FAAC meeting held in...

August 23, 2025 No Responses

NLNG Signs Gas Supply Agreements With Six Firms

NLNG has signed long-term Gas Supply Agreements (GSAs) with six third-party gas suppliers in a strategic move to strengthen feedgas supply to its existing trains on Bonny Island and support the Company’s expansion drive.The long-term agreements, with options...

August 22, 2025 No Responses

Customs Wraps Up Reputation Campaign In Zone ‘D’

The Nigeria Customs Service (NCS) has rounded off its strategic Reputation Management Campaign in Zone ‘D’, Bauchi, bringing to a close a nationwide initiative designed to strengthen integrity, deepen public trust, and improve service delivery across the S...

August 21, 2025 3 Responses

NADDC Harps On Automotive Recycling Agenda with ELV Regulations

The National Automotive Design and Development Council (NADDC) has reaffirmed its commitment to repositioning Nigeria’s automotive sector with the successful hosting of a Sensitisation and Advocacy Programme on End-of-Life Vehicle (ELV) Regulations in Kano S...

August 21, 2025 one Response

B’ODOGWU: Tincan Customs Attains N16.4b In One Day

The Tincan Island Port Command of the Nigeria Customs Service (NCS) has announced a landmark revenue collection of ₦16,411,402,227.27 in one day.In a statement issued on Thursday, Tincan Island Customs explained that the development was recorded on Tuesday, ...

August 20, 2025 5 Responses

FG Pledges To Replicate Lekki Deep Seaport Success Story

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced plans to replicate the success of the Lekki Deep Seaport across Nigeria’s maritime sector, citing it as a model for transformative growth and development. Speaking at the Nigeri...

August 20, 2025 No Responses

Court Freezes Four Accounts Linked To Ex-NNPCL Boss, Kyari

The Federal High Court sitting in Abuja has ordered the temporary freezing of four Jaiz bank accounts linked to the immediate-past Group Managing Director (GMD) of Nigerian National Petroleum Company Limited (NNPCL), Mr Mele Kyari, over allegations of fraud. J...

August 19, 2025 4 Responses

Ondo Generates N28.1b In Six Months

THE Ondo State Internal Revenue Service (ODIRS) generated N28.1 billion in the first six months of 2025.In a statement issued on Monday, the Acting Chairman of ODIRS, Mr Bayo Rojugbokan, explained that the service remained committed to transparency, accountabi...

August 18, 2025 No Responses

Tinubu Commissions WAGL’s 40,000 CBM LPG Vessel In South Korea

Nigeria is poised to deliver clean and sustainable energy solutions not just in-country but also across Africa and beyond, saysPresident Bola Ahmed TinubuThe President made the remarks on Monday at the commissioning ceremony of a 40,000 cubic meters (CBM) Liqu...

August 18, 2025 No Responses

Photo News

Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, right, (representing the President) and the Iyaloja-General of Nigeria, Alhaja Folasade Mujidat Tinubu-Ojo at the official naming ceremony of the 40,000 cubic metres (CBM) WAGL Energy Li...

August 18, 2025 No Responses

Senate, SEC To Hold Summit On Municipal Bonds, Sukuk

The Senate Committee on Capital Markets and Institutions in collaboration with the Securities and Exchange Commission is set to hold a national stakeholders summit on Municipal Bonds and Sukuk for Local Government Infrastructural Development in Uyo, Akwa Ibon ...

August 16, 2025 No Responses

NNPCL Boss Commits To NLNG’s Growth, Sustainability Agenda

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Engr. Bayo Ojulari, on Thursday, expressed support for NLNG’s growth and long-term sustainability agenda, during a visit to the NLNG plant on Bonny Island. Engr. Oj...