Federal – Page 12 – City Business News

August 15, 2025 No Responses

Customs Zone ‘A’ Impounds Vehicles, Rice, Others Worth N3.1b

The Federal Operations Unit (FOU), Zone A, Nigeria Customs Service (NCS) intercepted contrabands worth N3.1billion in three weeks.Briefing Journalists in Lagos on Thursday, the Controller of the Command, Mohammed Shuaibu disclosed that the seized items were used cars, seven truckloads...

August 12, 2025 No Responses

FG Disburses ₦5.12b To 90,689 Pensioners

The Federal Government has disbursed ₦5.12 billion in pension arrears to 90,689 retirees under the defined benefit scheme (DBS). The Pension Transitional Arrangement Directorate (PTAD) announced this on Monday, stating that it had finalised the disbursement ...

August 11, 2025 No Responses

FG Pledges Speedy Completion Of Kaa-Ataba Bridge

The Federal Government (FG) through the Minister of Regional Development, Engr. Abubakar Momoh, has assured that the Niger Delta Development Commission, NDDC, will soon complete the 2-kilometre double-lane Kaa-Ataba Road with two bridges linking the Khana Loca...

August 10, 2025 No Responses

NPA Concludes Retreat, Renew Performance Bond

The Nigerian Ports Authority (NPA) under the leadership of Managing Director, Dr. Abubakar Dantsoho, has concluded a two-day Management Retreat themed “Repositioning the Nigerian Ports System for Sustainability.”The retreat focused on reviewing and optimiz...

August 7, 2025 No Responses

Egbin Power, Ikeja Electric, FIPL Not In Receivership, Says Management

The management of Egbin Power Plc, Ikeja Electric Plc (IE), and First Independent Power Limited (FIPL), on Wednesday denied media reports claiming the companies have been placed under receivership. In a statement issued on Wednesday, the companies described th...

August 6, 2025 No Responses

Tinubu Signs Insurance Reform Bill Into Law

President Bola Tinubu has assented to the Nigerian Insurance Industry Reform Bill 2025. Presidential spokesman, Bayo Onanuga, explained on Tuesday that the Act repealed and consolidated several outdated insurance laws into a single, modern legal framework. &nb...

August 6, 2025 No Responses

Nigeria Customs Unveils Reputation Management Guide

THE Nigeria Customs Service (NCS) has unveiled its service Reputation Management Guide.The handbook was unveiled by the NCS’s Comptroller-General (C-G) , Adewale Adeniyi, on Tuesday at the service’s headquarters in Abuja.Speaking at the event, the C-G said...

August 6, 2025 No Responses

Nigeria Reiterates Support For Oil Palm, Cocoa Production

The Federal Government has vowed to revitalise the commercial production of oil palm and cocoa in Nigeria. Vice President Kashim Shettima stated this when he declared open the seventh edition of the expanded national clinic of the Micro, Small and...

August 2, 2025 No Responses

INEC Begins Nationwide Voter Registration August 18

The Independent National Electoral Commission has said that the 2025 Continuous Voter Registration (CVR) exercise will begin nationwide on August 18. Disclosing this on its X handle on Friday, INEC explained that online pre-registration of voters would open on...

July 31, 2025 one Response

Minister, NADDC Boss Visit SAGLEV, Reiterate FG’s Support For Auto Sector

The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole and the Director General, National Automotive Design and Development Council (NADDC), Joseph Osanipin, on Wednesday assured investors of adequate support in line with the Federal Government&#821...

July 31, 2025 No Responses

Minister Tasks South West Commission On Vision, Collaboration

The Minister of Regional Development, Engr. Abubakar Momoh has charged the leadership of the South West Development Commission (SWDC), to prioritise collaboration and shared vision as they assume full responsibilities.The Minister disclosed this on Tuesday whe...

July 30, 2025 No Responses

Senate To NNPCL: Explain Within 21 Days ₦210tri Financial Discrepancies

The Senate Committee on Public Accounts has given the Nigerian National Petroleum Company Limited (NNPCL) 21 days to provide detailed explanations on financial discrepancies totalling ₦210 trillion even as its Group Chief Executive Officer (GCEO), Bayo Ojul...

July 30, 2025 No Responses

Lassa Fever Claims 152 Lives In Ondo, Bauchi, Edo, Others

The Nigeria Centre for Disease Control and Prevention (NCDC) has disclosed that 152 people have died from Lassa fever this year. In its latest situation report, the NCDC confirmed that the number of new cases recorded in week 28 remained...

July 29, 2025 No Responses

Minister, AfDB President To Visit SAGLEV’s EV Assembly Plant In Lagos

All is now set for the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole and President of African Development Bank (AfDB),Dr. Akinwumi Adesina to visit the SAGLEV Electric Vehicle (EV) Assembly and Manufacturing facility on Wednesday and Thursd...