Federal – Page 3 – City Business News

September 30, 2025 No Responses

Nigeria @65: FG Plans Low-Key Celebration

The Federal Government (FG) is planning a low-key 65th Independence Day anniversary celebration, the Minister of Information and National Orientation, Alhaji Mohammed Idris, has said.Idris made this known at the Pre-Independence World Press Conference on Monday in Abuja.The theme of...

September 28, 2025 No Responses

At 2025 WMD, NPA Boss Harps On Stronger Actions For Cleaner Oceans

The Managing Director, Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho has challenged maritime stakeholders to demonstrate greater commitment to keep the oceans cleaner.The NPA Boss Dantsoho who was represented at the 2025 World Maritime Day celebrations ...

September 26, 2025 No Responses

At World Maritime Day,Oyetola Harps On Ocean Stewardship, Blue Economy Potential

Nigeria’s Minister of Marine and Blue Economy, Adegboyega Oyetola, has reaffirmed the nation’s commitment to ocean stewardship, maritime security, and sustainable blue economy growth during the 2025 World Maritime Day celebration in Lagos.Speaking at the 2...

September 24, 2025 No Responses

At UNGA, Dantsoho Harps On Globally Competitive, Digitally Driven Port System

The Nigerian Ports Authority (NPA) is working to build a globally competitive port system that will enhance trade facilitation, attract Foreign Direct Investment (FDI), and boost investor confidence in Nigeria’s economic future, MD, Dr Abubakar Dantsoho has ...

September 23, 2025 No Responses

Nigeria Begins Verification Of Disputed Oil, Gas Fields, Wells

The Nigerian Government has commenced verification of disputed and newly drilled crude oil and gas fields and wells in the Niger Delta region.Addressing newsmen in Asaba, Dr Mohammed Shehu, the Chairman of the Revenue Mobilisation Allocation and Fiscal Commiss...

September 23, 2025 No Responses

NIWA To Revive Oguta River Port

The National Inland Waterways Authority (NIWA) has commenced the process of reviving the Oguta River Port in Imo State.The Managing Director of the National Inland Waterways Authority, Mr Bola Oyebamiji, FCIB, disclosed this in a meeting with the Technical Tea...

September 22, 2025 No Responses

Nigeria Revokes 1,263 Mineral Licences

The Minister of Solid Minerals Development, Dr Dele Alake, has approved the revocation of 1,263 mineral licences over default in payment of annual fees.Alake gave the approval in a statement by his Special Assistant on Media, Segun Tomori, on Sunday...

September 22, 2025 No Responses

Customs, Manufacturers Set New Agenda For Engagements

The Comptroller-General of Customs, Adewale Adeniyi, has emphasised the need for the Nigeria Customs Service (NCS) and the Manufacturers Association of Nigeria (MAN) to build a lasting friendship and partnership through a deeper understanding of their respecti...

September 21, 2025 No Responses

EFCC, Korean Police Sign MoU On Tackling Financial Crimes

The Economic and Financial Crimes Commission, EFCC and the National Office of Investigation, Korean National Police Agency, KNPA, have signed a Memorandum of Understanding, MoU, on tackling economic and financial crimes and strengthening institutional capaciti...

September 19, 2025 No Responses

FG, States, LGs Share N2.35 Trillion

The Federal Government, states, and local Government Councils (LGs) have shared N2.25 trillion from the federation account as revenue for August.The disbursement was made during the Federation Account Allocation Committee (FAAC) meeting held in Abuja on Tuesda...

September 18, 2025 No Responses

Airline Operators Laud Tinubu For Suspending 4% Import Levy

THE Airline Operators of Nigeria (AON) has commended President Bola Tinubu for suspending the four per cent Free on Board (FoB) levy on imports.AON also praised the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, for...

September 18, 2025 No Responses

Tin Can Island Customs Attains N159b Revenue In August

The Tin Can Island Customs Command has attained a landmark revenue of ₦159 billion for August, 2025.This disclosure was made by Area Controller of the command, Comptroller Frank Onyeka, during the decoration ceremony of newly promoted officers.Comptroller On...

September 16, 2025 No Responses

DMO Allots N3.05b FGN Bond

The Debt Management Office (DMO) has announced the allotment of the September 2025 FGN Savings Bonds totaling ₦3.05 billion across the two-year and three-year tenors.The bonds were issued at ₦1,000 per unit, with a minimum subscription requirement of ₦5,...

September 16, 2025 No Responses

Customs Automates Overtime Cargo Clearance

As part of measures to decongest Seaports and boost transparency, the Nigeria Customs Service (NCS) has unveiled automated system for clearing overtime cargo.According to the NCS,consignees can now apply for an additional 90-day extension, as provided by Secti...