Economy – Page 6 – City Business News

August 23, 2026 No Responses

Kano/Jigawa Customs Receives First PTML Transit Container, Deploys E-Cargo Tracker

The Nigeria Customs Service (NCS), Kano/Jigawa Area Command, has recorded a major milestone in its transit operations with the arrival of its first transit container from the Ports and Terminal Multiservices Limited (PTML) Terminal, monitored with an electronic cargo tracking...

August 22, 2026 No Responses

Domestic Capital Drives Nigeria’s 57% Equity Market Rally, Says Coronation

Nigeria’s equities market recorded a 57 per cent return in the first seven months of 2026, driven largely by stronger domestic investment rather than a resurgence in foreign portfolio inflows, the Managing Director of Coronation Asset Management, Aigbovbiois...

August 21, 2026 No Responses

NMDPRA Reaffirms Commitment To Regulation, Energy Security, Industrial Growth

By ebosele@hotmail.com The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reaffirmed its commitment to effective regulation that promotes investment, energy security, industrial growth and sustainable employment in Nigeria’s pe...

August 17, 2026 No Responses

FICAN Conference To Explore Nigeria’s Banking, Tax, Fintech Reforms

By ebosele@hotmail.com Nigeria’s leading policymakers, financial regulators, banking executives, fintech innovators, economists and capital market operators are set to converge in Lagos on September 19 and 20, 2026, for the 36th Anniversary Annual Conference...

August 16, 2026 No Responses

NPERA Act: Between Economic Regulation And NPA’s Statutory Mandate

The new Ports Economic Regulatory Agency could bring discipline, transparency and competition to Nigeria’s port economy.But, unless its powers are carefully separated from those of the Nigerian Ports Authority (NPA), the legislation could open a new front in...

August 15, 2026 No Responses

Customs, United States Strengthen Partnership Against Counterfeit

By ebosele@hotmail.com The Nigeria Customs Service (NCS), Zone ‘A’, has strengthened its partnership with the United States Patent and Trademark Office (USPTO) to enhance intellectual property protection, border enforcement and the fight against counterfei...

August 12, 2026 No Responses

NADDC, National CNG Forum Explore Collaboration

By ebosele@hotmail.com The National Automotive Design and Development Council (NADDC) on Wednesday received a delegation from the National CNG Forum (NCNG-F) to explore opportunities for collaboration aimed at strengthening Nigeria’s Compressed Natural Gas (...

August 11, 2026 No Responses

Tinubu Approves Framework To Unlock $50b Deep Offshore Investment

By ebosele@hotmail.com President Bola Ahmed Tinubu has approved a new investment framework aimed at unlocking up to $50 billion in deep offshore oil and gas investments and reviving large-scale offshore projects that have remained stalled for years.The reform ...

August 11, 2026 No Responses

NADDC, NYSC Flag Off CNG Retrofitting Training For Corps Members

The National Automotive Design and Development Council (NADDC), in collaboration with the National Youth Service Corps (NYSC), has flagged off a Compressed Natural Gas (CNG) Retrofitting Training Programme for 300 Corps Members, aimed at equipping young Nigeri...

August 9, 2026 No Responses

Senate Backs Customs Reforms, Lauds Responsible Fund Utilisation

By ebosele@hotmail.com The Senate Committee on Customs and Excise has commended the far-reaching reforms being implemented by the Comptroller-General of Customs, Adewale Adeniyi, MFR, describing them as evidence of responsible investment of government resource...

August 9, 2026 No Responses

SCAN Summit Focuses On Financing, Regulatory Barriers Facing Indigenous Shipowners

By ebosele@hotmail.com The Shipping Correspondents Association of Nigeria (SCAN) has commenced preparations for its forthcoming 2026 Summit, which will focus on the persistent financing challenges and regulatory hurdles confronting indigenous shipowners in Nig...

August 9, 2026 No Responses

Oyedele Challenges African Leaders To Seize Reform Momentum, Drive Growth

By ebosele@hotmail.com The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has challenged African leaders, policymakers and investors to seize the continent’s current reform momentum and take bold steps to unlock sustainable ...

August 8, 2026 No Responses

CBN, Experts Chart Africa’s Economic Future

By ebosele@hotmail.com – The 7th Africa Emerging Markets Forum (AEMF 2026), hosted by the Central Bank of Nigeria (CBN) in Abuja, opened with high-level discussions on the future of Africa’s economy and strategies for strengthening the continent’s re...

August 7, 2026 No Responses

SEC Launches Investor Clinic To Tackle Unclaimed Investments, Ease Recovery of Inherited Assets

By ebosele@hotmail.com – The Securities and Exchange Commission (SEC) has intensified efforts to reduce unclaimed funds and dormant investment assets with the launch of a Probate/Unclaimed Monies Awareness and Investor Clinic aimed at helping beneficiari...