Information – City Business News

March 9, 2026 No Responses

NDDC Kicks Off Performance Management System Implementation

The Niger Delta Development Commission, NDDC, has commenced the implementation of the Performance Management System, PMS, aimed at enhancing staff efficiency with a view to ensuring better service delivery.Speaking during a two-day retreat for the deployment and institutionalization the PMS...

March 9, 2026 No Responses

NNPC Boss: OPL 245 Deal May Unlock 150,000bpd For Nigeria’s Oil Output

The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has said the resolution of the dispute surrounding oil prospecting lease (OPL) 245 will enable the development of the Zabazaba–Etan deepwater project.In a...

March 8, 2026 No Responses

EFCC Arraigns Four For Alleged N2bn Oil Fraud

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Directorate 2, Ikoyi, on Friday, March 6, 2026, arraigned the quartet of Babatunde Olukunle Oyefolu, Babayemi Isaac Olatunde Ezekiel Abaki and Plural Oil Marketing Limited for an alleged N2bn oil ...

March 8, 2026 No Responses

First Lady Seeks Better Care For Elderly

Nigeria’s First Lady, Oluremi Tinubu, has called on Nigerians to show greater compassion and care for elderly people within their families and communities in order to help them live longer and healthier lives.She made the appeal on Saturday during the...

March 7, 2026 No Responses

Shippers’ Council, Ogun Partners On Inland Dry Port

The Nigerian Shippers’ Council (NSC), and Ogun State Government are partnering to fast -track the development of Gateway Inland Dry Port project.The Executive Secretary and Chief Executive Officer of Nigerian Shippers’ Council, Dr. Akutah Pius led ...

March 7, 2026 No Responses

EFCC Hands Over Recovered N279m To Wole Soyinka Centre

The Economic and Financial Crimes Commission, EFCC, has handed over the sum of N279 million (Two Hundred and Seventy-nine Million ) to the Wole Soyinka Centre for Culture and the Creative Arts, formerly known as the National Theatre, Lagos, as...

March 7, 2026 No Responses

NAHCO’s Group Executive Director Bags Award

In recognition of his global peace-building efforts, NAHCO’s Group Executive Director, Commercial and Business Development, Prince Saheed Lasisi, has been awarded an International Eminent Peace Ambassador by the International Association of World Peace A...

March 6, 2026 No Responses

TINUBU INAUGURATES COMMITTEE ON GRID ASSET MANAGEMENT COMPANY

President Bola Tinubu on Friday constituted an 11-member committee to ensure the smooth sailing incorporation of the Grid Asset Management Company Limited (GAMCO).The committee’s constitution followed the Federal Executive Council’s approval of the...

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...

March 6, 2026 No Responses

CAC, BPP Strengthen Partnership

The Corporate Affairs Commission (CAC) and the Bureau of Public Procurement (BPP) have resolved to deepen collaboration to support the Federal Government’s drive toward building a trillion-dollar economy.The decision was reached on Thursday during a courtesy...

March 6, 2026 No Responses

Oyo/Osun Customs Strengthens Stakeholder Ties With BATN, Alaafin

The Nigeria Customs Service (NCS) has reaffirmed its commitment to strengthening collaboration with key stakeholders to enhance revenue generation and facilitate legitimate trade.As part of this effort, the Acting Customs Area Controller of the Oyo/Osun Area C...

March 6, 2026 No Responses

Nigerian Stocks Rebound, Investors Gain N220b

The Nigerian equities market on Thursday rebounded from a one-day slump, adding about N220 billion to investors’ portfolios as buying interest returned to several stocks across key sectors.Market data showed that the market capitalisation rose by 0.18 per ce...

March 6, 2026 No Responses

Indian Firms Commit $27b Investments In Nigeria

High Commissioner of India, Amb. Abhishek Singh,on Thursday estimated that Indian firms have cumulatively invested around $27 billion in Nigeria.These companies, he said, are active in sectors including pharmaceuticals, power, transmission, manufacturing, hosp...

March 6, 2026 No Responses

CAS In Port Harcourt, Reiterates Protection For Oil, Gas Assets

The Chief of the Air Staff (CAS), Air Marshal Sunday Kelvin Aneke, on Thursday, undertook a strategic operational visit to the Nigerian Air Force (NAF) Base, Port Harcourt, Rivers State, where he commissioned key infrastructure projects, inspected critical ope...