Information – City Business News

February 17, 2026 No Responses

Dangote Seals $400m Equipment Deal For Refinery Expansion

Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery, in a move set to accelerate the expansion of the Dangote Petroleum Refinery & Petrochemicals from...

February 17, 2026 No Responses

Lagos STL Claims 2026 NPA Polo Title, GTCO Reaffirms Support

Guaranty Trust Holding Company Plc has reaffirmed its commitment to advancing sports development in Nigeria and across Africa following the thrilling conclusion of the 2026 NPA Lagos International Polo Tournament, where Lagos STL emerged champions of the prest...

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 15, 2026 No Responses

Customs Foils Midnight Cocaine Smuggling, Hands Over N1b Seizure to NDLEA

Officers of the Nigeria Customs Service (NCS) Seme Area Command have intercepted 22 packages of suspected cocaine worth N1 billion, concealed in a vehicle along the Badagry–Seme corridor, reinforcing ongoing inter-agency efforts against cross-border drug tra...

February 15, 2026 No Responses

NDDC Assures On Completion Of Imo, Abia, Rivers Link Road

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has assured that the 21-kilometre Ehime-Nguru-Aba Branch-Mpam-Umuokirika-Ekwereazu Road, traversing the Ehime Mbano Local Government Area of Imo State, and Abia and Rivers...

February 14, 2026 No Responses

NDDC Adopts New Standard Operating Procedures, Advisory Policies

The Niger Delta Development Commission, NDDC, has adopted a new Standard Operating Procedure, SOP, and the Governance Advisory Policies, as approved by the Commission’s Governing Board.This was part of the resolutions contained in a communique issued at the ...

February 13, 2026 No Responses

SEC, NOA Partner To Combat Ponzi Schemes, Boost Investor Education

The Securities and Exchange Commission (SEC) has announced plans to collaborate with the National Orientation Agency (NOA) to intensify public enlightenment efforts aimed at curbing the proliferation of illegal investment schemes across the country.Director-Ge...

February 13, 2026 No Responses

Arsenal, Brentford Battle In High-Intensity London Clash

It was a fierce London showdown as Arsenal and Brentford went toe-to-toe in a high-intensity encounter that delivered tempo, tension and tactical edge in equal measure.From the first whistle at the Emirates, Arsenal looked determined to assert control, pushing...

February 12, 2026 No Responses

NLNG Showcases De-Risked Investment Model At SAIPEC 2026

Nigeria LNG Limited (NLNG) took centre stage at the 2026 edition of the Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) in Lagos, where the company highlighted its structured approach to de-risking investments in African oil and gas p...

February 12, 2026 No Responses

COSCHARIS MOTORS OFFERS VALENTINE MONTH REBATE

With love in the air, Coscharis Motors is set to delight customers through its Ride with Pleasure this Valentine campaign throughout the month of February 2026.The objective is to simply display, and offer select brands across its portfolio for special...

February 12, 2026 No Responses

Nigerians Celebrate Matthew Tonlagha At 50 In Abuja

High-profile dignitaries and thousands of Nigerians on Sunday showered encomiums on Mr. Matthew Tonlagha as he marked his 50th birthday in Abuja.The colourful event also featured the public presentation of the book Forged in the Creeks, written by Olaokun Soyi...

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 11, 2026 No Responses

Invest In Capital Market, SEC Advises Civil Servants

The Securities and Exchange Commission (SEC) has urged Nigerian civil servants to take advantage of opportunities in the capital market to build wealth, enhance financial security and actively participate in national economic growth. Speaking during a strategi...