Federal – Page 7 – City Business News

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, the two leaders also expressed...

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...

February 3, 2026 No Responses

NCS Harps On Border Modernisation Agenda At WCO 2026 Conference

The Nigeria Customs Service (NCS) has reaffirmed its commitment to technology-driven border management and strengthened international cooperation as the 2026 World Customs Organisation (WCO) Technology Conference and Exhibition commenced on Wednesday, January ...

January 30, 2026 No Responses

Dantsoho: We Are Rebuilding Nigerian Ports To International Standards

In this interview with Ports & Harbors, the official magazine of the International Association of Ports and Harbors (IAPH), the Managing Director and Chief Executive Officer of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho—recently appointed ...

January 26, 2026 No Responses

Customs Deepens Digital Modernisation Drive, Trade Facilitation

By ebosele@hotmail.com – The Nigeria Customs Service (NCS) has reinforced its commitment to digital modernisation as a catalyst for trade facilitation and economic growth, following the conclusion of a two-day high-level management workshop focused on re...

January 23, 2026 No Responses

FRSC Gets Deputy Corps Marshals For South East, North East

The Secretary to the Government of the Federation (SGF), Distinguished Senator George Akume has approved the appointment of two Assistant Corps Marshals (ACM) as Deputy Corps Marshals (DCM), for the South East and North East geopolitical zones of the country.T...

January 22, 2026 No Responses

Emefiele’s Ex-Zenith Colleague Testifies On Alleged ₦1.6b Disbursement

The trial of the former Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, continued on Wednesday, January 21, 2026, before Justice Yusuf Halilu of the Federal Capital Territory, FCT, High Court, Maitama, Abuja, with detailed testimonies from the.....