Economy – Page 7 – City Business News

August 7, 2026 No Responses

Tinubu Optimistic As NGX Market Capitalisation Hits N160tri

By ebosele@hotmail.com – President Bola Ahmed Tinubu has expressed optimism about Nigeria’s economic outlook, saying positive assessments by experts and improving economic indicators demonstrate that the country is on the path to sustained growth and prosperity.Speaking on Thursday while receiving...

August 7, 2026 No Responses

Yusuf Babalola Honoured for Advancing Maritime, Aviation Reporting

In recognition of his remarkable contributions to Nigeria’s maritime media landscape, Senior Correspondent with LEADERSHIP Newspaper, Yusuf Babalola, has been honoured with the Excellence in Maritime Media Reportage Award by TransQuest Magazine.The award...

August 6, 2026 No Responses

Dangote, Canadian Prime Minister Discuss Investment Partnerships

President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has held discussions with Canada’s Prime Minister, Mark Carney, on opportunities to strengthen investment partnerships and deepen economic cooperation between Canada and Africa.The m...

August 6, 2026 No Responses

NAQS, Cattle Breeders Partner to Boost Livestock Exports, Biosecurity

By ebosele@hotmail.com – The Nigeria Agricultural Quarantine Service (NAQS) has reaffirmed its commitment to strengthening collaboration with key industry stakeholders to enhance the competitiveness of Nigeria’s livestock sector and position the co...

August 6, 2026 No Responses

Shippers’ Council Seeks Banking Partnership To Boost Maritime Investment, Support $1tri Economy Goal

By ebosele@hotmail.com – The Nigerian Shippers’ Council (NSC) has intensified efforts to strengthen collaboration with financial institutions to unlock funding for critical maritime infrastructure, bridge financing gaps and enhance the sector’s c...

August 5, 2026 No Responses

NADDC Boss Moderate Ecowas Panel, Seeks Policies To Boost Regional Automotive Investment

The Director-General of the National Automotive Design and Development Council (NADDC), Otunba Oluwemimo Joseph Osanipin, on Wednesday moderated a high-level panel session at the ECOWAS Regional Automotive Industry Development Forum in Abuja, where stakeholder...

August 3, 2026 No Responses

CBN Lists Five Strategies To Drive Next Stage Of Fintech Growth In Nigeria

The next stage of fintech development in Nigeria must focus on five important outcomes to achieve sustainable growth of the initiative, the Central Bank of Nigeria (CBN) has declared.Mr. Yemi Cardoso, Governor, Central Bank of Nigeria (CBN) said in a...

August 3, 2026 No Responses

Dangote, Sinoma Sign $800m MoU To Expand Itori Cement Plant Capacity

Dangote Industries Limited and Sinoma International Engineering Co., Ltd. have signed a Memorandum of Understanding (MoU) valued over $800 million for the expansion of the Dangote Cement Plant in Itori, Ogun State, increasing its production capacity to 12 mill...

August 1, 2026 No Responses

SAHCO Reaffirms Commitment To Aviation Innovation, Engineering Excellence

By ebosele@hotmail.com Skyway Aviation Handling Company PLC (SAHCO) has reaffirmed its commitment to advancing Nigeria’s aviation industry through innovation, technology and sustained investment in human capital.The company made the commitment at the Int...

August 1, 2026 No Responses

WTO DG, Okonjo-Iweala, Visits Lekki Port

By ebosele@hotmail.com Lekki Port has received the Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala.According to Lekki Port, the visit “highlighted the scale, operational capacity and growing impact of Lekki Port as a key g...

August 1, 2026 No Responses

Cadbury Nigeria Declares N83.35b Revenue In H1 2026

By ebosele@hotmail.com – Cadbury Nigeria Plc has reported an 8 per cent increase in revenue for the first half of 2026, posting N83.35 billion despite a decline in profitability caused by high operating costs and weak consumer demand.The company’s ...

July 31, 2026 No Responses

BUA Invests $85m In Port Facility, Targets 2 Million Tonnes Annual Cargo

By ebosele@hotmail.com – BUA Group has announced an $85 million investment in the expansion of its BUA Ports and Terminals facility in Port Harcourt as part of efforts to strengthen its logistics capacity and support the rapid growth of its...

July 30, 2026 No Responses

NIMASA Reaffirms Commitment To Youth-Led Blue Economy

The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its commitment to placing Nigerian youths at the centre of the nation’s Marine and Blue Economy agenda, declaring that the country’s ambition to become Africa’s Bl...

July 30, 2026 No Responses

17th National Council Charts Path to Boost Industry, Trade, Investment

By ebosele@hotmail.com – The 17th National Council on Industry, Trade and Investment (NCITI), held in Enugu with a renewed commitment to strengthening Nigeria’s industrial competitiveness, expanding trade opportunities and attracting investments to...