Economy – Page 51 – City Business News

June 22, 2025 No Responses

Shippers’ Council Boss Bags NUJ’s Media Supporter Award

The Nigeria Union of Journalists (NUJ) has honoured Dr. Atukah Pius Ukeyima, Executive Secretary/Chief Executive Officer, Nigerian Shippers’ Council (NSC), with the Media Supporter Award.The award was presented to Dr Akutah at NUJ 70th anniversary celebration event, held at the...

June 22, 2025 No Responses

NGX, IFC Harp On Sustainable Finance Drive With Labelled Bond Workshop

Nigerian Exchange Limited (NGX), subsidiary of Nigerian Exchange Group, and the International Finance Corporation (IFC), a member of the World Bank Group, have co-hosted a technical capacity-building workshop to advance labelled bond issuance in Nigeria, su...

June 21, 2025 No Responses

SEC Bans Independent Directors From Becoming Executive Directors

The Securities and Exchange Commission (SEC) has prohibited Independent Directors from transitioning into Executive Director roles within the same company or group.In a circular to public companies and capital market operators titled “Circular to All Public ...

June 19, 2025 No Responses

Nigeria Flags Off IMO Council Election Campaign In London

Nigeria has officially flagged off its campaign for election to the International Maritime Organization (IMO) Council under Category C for the 2026–2027 biennium.In a major diplomatic move on the sidelines of the 110th Session of the Maritime Safety Committe...

June 19, 2025 No Responses

Reps Probe ₦1.12tr Anchor Borrowers’ Programme

June 19, 2025 No Responses

NEW ERA Autovehicle Services Unveils First Jetour Showroom In Nigeria

New Era Autovehicle Services Limited, on Wednesday, unveiled Nigeria’s first exclusive Jetour showroom in Lekki, Lagos State. The facility was unveiled by Chief Michael Ade.Ojo, Chairman of Toyota Nigeria Limited (TNL). Speaking ...

June 18, 2025 No Responses

EFCC Assures NDDC Of More Recovered Funds

The Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Olanipekun Olukoyede, has assured the Niger Delta Development Commission, NDDC, of the release of more recovered funds recovered on behalf of the Commission. The EFCC boss made the promise...

June 18, 2025 No Responses

Nigeria To Close $2.3tri Infrastructure Gap Through PPP

The Nigerian Government is targeting to close infrastructure gap through a Public-Private Partnership (PPP) arrangement. The Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Jobson Ewalefoh, stated this on Tuesday during a two-da...

June 17, 2025 No Responses

NEW ERA Autovehicle Services Unveils First Jetour Showroom In Nigeria

All is now set for a new player in Nigeria’s automotive industry, NEW ERA Autovehicle Services Limited to officially commission its state-of-the-art dealership outfit in the prestigious Lekki area of Lagos on Wednesday, June 18, 2025.This landmark event mark...

June 16, 2025 No Responses

Peter Obi Seeks Support For Local Businesses

Foremost businessman and Presidential Candidate of the Labour Party in the 2023 election, Peter Obi, has reiterated his call for necessary support and encouragement to local Businesses.Obi, who flew into the United Kingdom at the weekend on a local airline,...

June 16, 2025 No Responses

Dangote Deploys 4,000 CNG Tankers For PMS, Diesel Distribution

With effect from August 15, 2025, Dangote Refinery will begin the distribution of Premium Motor Spirit (PMS) and diesel to marketers, petrol dealers, manufacturers, telecoms firms, aviation, and other large users across the country, with free logistics to boos...

June 14, 2025 No Responses

Customs Boss Lauds Ogun II Command for Optimising 40 Per Cent Revenue Increase

The Comptroller-General of Customs (CGC), Adewale Adeniyi, has commended Ogun II Area Command’s impressive revenue performance and pledged support to address its operational challenges.He made this known during a working visit to the Command Headquarters...

June 14, 2025 No Responses

Lagos Loses N4tri Annually To Traffic Congestion, Vows To Enforce e-Call-Up

The Lagos State Government is to begin enforcement of its Electronic Call-Up (e-Call-Up) system for tankers and other articulated vehicles operating on the Lekki-Epe Corridor with effect from June 16.The government said that the enforcement would be in an effo...

June 14, 2025 No Responses

Edo Inaugurates N1b Interest-Free Loan Scheme For Traders, Farmers

Edo State Governor, Monday Okpebholo on Friday inaugurated a N1billion interest-free loan scheme, targeting farmers and traders across the state.According to Okpebholo, the initiative would support over 5,000 beneficiaries.He said that it was designed to stimu...