Federal – Page 3 – City Business News

March 6, 2026 No Responses

TINUBU APPROVES POSTINGS OF AMBASSADORS

President Bola Ahmed Tinubu has approved the postings of 31 career and 34 non-career ambassadors to various countries and the United Nations.The Senate confirmed the ambassadors-designate last December. POSTINGS OF NON-CAREER AMBASSADORS / HIGH COMMISSIONERS S/N NAME MISSION APPROVED POSTINGS...

March 5, 2026 No Responses

Presidency Rallies Stakeholders Ahead Of National Single Window Rollout

Key government stakeholders on Wednesday met at the Presidential Villa, Abuja, to review progress and fine-tune strategies ahead of the March 27 launch of Nigeria’s National Single Window (NSW) platform aimed at transforming the country’s trade ecosystem.T...

March 3, 2026 No Responses

FG Approves N48b For 12 Varsities’ Engineering Upgrade

The Federal Government has approved N48 billion to 12 Universities for engineering upgrades across the country.Minister of Education, Dr. Tunji Alausa, disclosed this on Monday at the inauguration of the Implementation Committee on Tertiary Education Trust Fun...

February 26, 2026 No Responses

Nigeria Extends Ban On Raw Shea Nut Export

The Nigerian Government has approved the extension of the ban on the export of raw shea nuts for another year, from February 26, 2026, to February 25, 2027, reinforcing push for industrial growth and value addition.By sustaining the restriction, the...

February 24, 2026 No Responses

TINUBU URGES GOVERNORS TO REMEMBER THE POOR, EMPOWER UNDERPRIVILEGED

President Bola Tinubu, on Monday in Abuja, urged Muslim and Christian leaders in the country to show greater compassion for the poor and underprivileged by pursuing policies that cater to the needs of the majority in the grassroots.The President, who...

February 19, 2026 No Responses

Tinubu, German Chancellor Merz To collaborate On security, power

President Bola Tinubu and German Chancellor Friedrich Merz have resolved to improve bilateral relations between their two countries and to strengthen collaboration in the security, power, and railway sectors.In a telephone conversation on Wednesday afternoon, ...

February 19, 2026 No Responses

Tincan Island Customs Attains N145.9b Revenue In January

For the Month of January 2026, the Nigeria Customs Service (NCS), Tin Can Island Command, generated N145.9 billion.The Customs Area Comptroller (CAC), Frank Onyeka, who disclosed the figure while briefing Journalists in Lagos also explained plans to commence f...

February 18, 2026 No Responses

FG Re-Opens N800b Bonds For Subscription

The Debt Management Office (DMO) on behalf of the Federal Government (FG) has re-opened three FGN bonds valued at N800 billion for subscription at N1,000 per unit.According to a statement issued by the DMO, the first offer is a June...

February 16, 2026 No Responses

Customs, American Business Council Strengthen Nigeria–US Trade Ties

The Nigeria Customs Service (NCS) has reinforced investor confidence and strengthened trade relations between Nigeria and the United States following a high-level stakeholder engagement with the American Business Council (ABC).The meeting, held in Lagos, broug...

February 16, 2026 No Responses

Committee Debunks Viral Claims On New Tax Laws

The Presidential Fiscal Policy and Tax Reforms Committee has dismissed as false a viral video alleging that new tax laws will take effect in 2027 and impose a 25 per cent tax on funds earmarked for building materials and other...

February 14, 2026 No Responses

Niwa Bags Maritime Agency Of The Year 2025 Award

The National Inland Waterways Authority (NIWA) has been honoured with the Maritime Agency of the Year 2025 award for its “outstanding effort in reducing boat mishaps by 70%”.A statement issued bySuleiman Makama,The Assistant General Manager (Corpor...

February 12, 2026 No Responses

NIMASA Reaffirms Commitment To Shipyard Development

THE Nigerian Maritime Administration and Safety Agency NIMASA has reiterated its commitment to strengthening Nigeria’s shipbuilding and shipyard development as part of efforts to deepen the blue economy and curb capital flight.This assurance was given at a s...

February 10, 2026 No Responses

NDDC Backs Blue Economy Agenda

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has reaffirmed the Commission’s commitment to advancing the Blue Economy as a strategic pathway for sustainable development, regional prosperity, and international colla...

February 9, 2026 No Responses

BoI Gets CBN Approval To Launch Non-Interest Banking Window

The Bank of Industry (BoI) has secured regulatory approval from the Central Bank of Nigeria (CBN) to operate a Non-Interest Banking (NIB) Window.Announcing the milestone on Sunday in a statement, Managing Director, BoI, Dr Olasupo Olusi, said the development m...