Federal – Page 8 – City Business News

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 ₦5,000 and...

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...

September 15, 2025 No Responses

FRSC Redeploys Four ACMs, Sector Commanders, Others

The Corps Marshal, Federal Road Safety Corps (FRSC), Shehu Mohammed, has approved the posting of senior officers, including a new Corps Secretary, four other Assistant Corps Marshals (ACM) with strategic portfolios, as well as Sector Commanders (CC) across sev...

September 13, 2025 No Responses

IGP Tasks Border Patrol Commanders On Security

The Inspector-General of Police, Dr Kayode Adeolu Egbetokun, has challenged Border Patrol Commanders across the country to discharge their duties with renewed determination.The IGP described Border Patrol Commanders as the nation’s first line of defence agai...

September 12, 2025 No Responses

NPA Deploys Electronic Barrier System At Terminals

As part of ongoing efforts to enhance operational efficiency and improve traffic management within the Lagos Port Complex (LPC), the Nigerian Ports Authority (NPA), under the leadership of Managing Director Dr. Abubakar Dantsoho, has successfully implements th...

September 11, 2025 No Responses

Nigeria Targets $60b Gas Expansion

Nigeria is targeting $60billion investments over the next five to seven years to expand gas infrastructure, Mr Bayo Ojulari, Group Chief Executive Officer, the Nigerian National Petroleum Company Limited (NNPCL) has disclosed.Addressing a global audience from ...

September 9, 2025 No Responses

TUC Threatens Nationwide Strike

The Trade Union Congress of Nigeria (TUC) has threatened to embark on a nationwide strike if the Federal Government fails to withdraw its proposed five per cent tax on petroleum products.Mr Festus Osifo, TUC President General, said this in a...

September 9, 2025 No Responses

NCDMB: Training Of Cadets To Boosts Nigeria’s Maritime Sector

Capacity building for Nigeria’s maritime sector has received a boost in Port Harcourt, Rivers State, as 39 graduates conclude preliminary processes for cadetship under a Nigerian Content-Human Capacity Development NC-HCD programme of Chevron Nigeria Limited ...

September 8, 2025 No Responses

FG Urges NUPENG To Shelve Strike

The Federal Government has called on the National Union of Petroleum and Natural Gas Workers (NUPENG) to reconsider its decision to initiate a nationwide strike starting Monday, September 8, 2025.The dispute centres around the Dangote Group’s policy that all...

September 1, 2025 11 Responses

FG Urges States To Phase Out Wooden Boats

The Federal Government (FG) through the Minister of Marine and Blue Economy, Adegboyega Oyetola has commiserated with the victims and families of the recent boat accident in Shagari Local Government Area of Sokoto State.The Minister described the tragedy as de...

August 29, 2025 17 Responses

Shippers’ Council Boss Congratulates Dantsoho On Election As IAPH Vice President

The Nigerian Shippers’ Council (NSC) has extended heartfelt congratulations to Dr. Abubakar Dantsoho, Managing Director, Nigerian Port Authority(NPA) on his election as Vice President (Africa) of the International Association of Ports and Harbours (IAPH).The...

August 28, 2025 11 Responses

FG Seals Illegal Mining Site

The Federal Government (FG) through the Minister of Solid Minerals Development, Dele Alake has directed the Mining Marshals to shut down an illegal gold mining site in the Gwagwalada area of the Federal Capital Territory (FCT).The directive followed reports of...

August 27, 2025 No Responses

Nigeria Bans Raw Shea Nut Export

President Bola Tinubu has approved an immediate six-month ban on the export of raw shea nut as part of measures to curb informal trade, boost domestic processing, and protect Nigeria’s shea industry.The temporary suspension, subject to review at the end...

August 26, 2025 No Responses

FG Unveils Automotive Training Centre In Lagos

As part of measures to lift Nigeria’s automotive industry, the Federal Government (FG), through the National Automotive Design and Development Council (NADDC), has commissioned a state-of-the-art Automotive Training Centre at the Lagos State University of Sc...