Information – City Business News

April 5, 2026 No Responses

Oil Palm: Nigeria Aims For Global Competitiveness By 2050

The National Palm Produce Association of Nigeria (NPPAN) has expressed optimism that Nigeria will attain self-sufficiency in oil palm production and reclaim a strong position in the global market by 2050.The association said this would be achieved through effective implementation...

April 5, 2026 No Responses

NAF Releases DSSC 34/2025 Successful Candidates, Fixes April 18 For Training

The Nigerian Air Force (NAF) has announced the list of successful candidates for the Direct Short Service Commission (DSSC) Course 34/2025.The development follows the conclusion of the Selection Board Interview held at the NAF Base in Kaduna from January 12...

April 4, 2026 No Responses

Tinubu Lauds Customs Boss, Unveils N73b FOU Complex in Ogun

By Moses Ebosele,ebosele@hotmail.com President Bola Ahmed Tinubu on Saturday unveiled the new N73 billion complex of the Federal Operations Unit (FOU), Zone ‘A’ of the Nigeria Customs Service, located in Iperu Remu, Ogun State.The commissioning formed part...

April 4, 2026 No Responses

CBN Approves Flutterwave’s Banking Services Drive

FLUTTERWAVE has secured regulatory approval from the Central Bank of Nigeria (CBN) to provide banking services in Nigeria.The Founder and Chief Executive Officer of Flutterwave, Olugbenga Agboola, disclosed this in a statement issued on Friday.Agboola said the...

April 4, 2026 No Responses

Adeniyi Rallies Support For Team Nigeria Ahead Of Glasgow 2026

The Comptroller-General of Customs, Wale Adeniyi, has expressed strong support for Team Nigeria’s preparations ahead of the 2026 Commonwealth Games, following his unveiling as one of the country’s official ambassadors by the National Sports Commission.The ...

April 3, 2026 No Responses

Oyetola Tasks Maritime Agency Heads, Demands Accountability

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has challenged heads of agencies under his Ministry, insisting on strict accountability and the delivery of measurable results.Oyetola gave the directive during the signing of performance bonds with ...

April 3, 2026 No Responses

Profit Taking Triggers N3b Loss In Stock Market

The Nigerian stock market closed on Thursday on a bearish note, shedding N3 billion in market value amid mild profit-taking.The decline was driven by sell-offs in equities, including John Holt, Abbey Mortgage Bank, International Energy Insurance, CHAMS, Tantal...

April 3, 2026 No Responses

COWA Oyo/Osun Intensifies Humanitarian Outreach, Supports Vulnerable Children, Widows

By ebosele@hotmail.com. – The Customs Officers’ Wives Association (COWA), Oyo/Osun Chapter, has reaffirmed its commitment to humanitarian service with a series of outreach visits to vulnerable groups, including children in care homes and widows of Cust...

April 3, 2026 No Responses

GTCO Unveils “Take on Squad” Hackathon 3.0, Opens Call for Applications

Guaranty Trust Holding Company Plc (GTCO) has announced the launch of “Take on Squad” Hackathon 3.0, reaffirming its commitment to fostering innovation, empowering talent, and supporting the development of technology-driven solutions that address real-worl...

April 2, 2026 No Responses

INEC Chairman Warns Against Procurement Law Breaches

The Chairman of the Independent National Electoral Commission (INEC), Joash O. Amupitan, SAN, has warned officials of the Commission that ignorance of the law will no longer be tolerated in procurement processes as preparations intensify for the 2027 General E...

April 2, 2026 No Responses

NSIB, Sierra Leone Seal Pact To Boost Aviation Safety

The Nigerian Safety Investigation Bureau (NSIB) and the Sierra Leone Aircraft Accident and Incident Investigation Bureau have signed a landmark agreement to deepen cooperation in aviation safety through enhanced data sharing, joint investigations, and structur...

April 2, 2026 No Responses

CBN Raises ₦4.65trn To Strengthen Financial System Resilience

THE Central Bank of Nigeria (CBN) has announced the successful conclusion of the banking sector recapitalisation programme initiated in March 2024.Over the 24 months, Nigerian banks raised a total of ₦4.65 trillion in new capital to strengthen the resilience...

April 1, 2026 No Responses

Court Grants Final Forfeiture Of N3b, Properties Linked To NNPC Official

Justice J.O Abdulmalik of the Federal High Court sitting in Abuja on Tuesday, March 31, 2026 has granted the final forfeiture of N3,444,000.,000 ( Three Billion, Four hundred and Forty Four Million Naira) and three properties linked to Salihu Nuhu...

March 31, 2026 No Responses

NPA Targets N1.489tri Revenue For 2026

The Nigerian Ports Authority (NPA) has set N1.489 trillion as its Internally Generated Revenue (IGR) target for the 2026 fiscal year.The figure represents an increase of N21 billion over the N1.468 trillion target for 2025, which the agency exceeded with...