Information – City Business News

May 4, 2026 No Responses

Navy Intensifies Crack Down On Oil Thieves

THE Nigerian Navy has intensified its crackdown on crude oil theft and maritime crimes, destroying illegal refining sites and dismantling militant hideouts across Rivers, Bayelsa and Cross River states.The Director of Naval Information, Capt. Abiodun Folorunsho in a statement explained...

May 4, 2026 No Responses

Nigeria Seeks Fairness In Net-Zero Shipping Drive

Nigeria has called on the global maritime community to prioritise fairness, equity, and adequate support for developing economies in the push toward net-zero emissions in international shipping.Speaking at the 84th session of the Marine Environment Protection ...

May 3, 2026 No Responses

NDDC Sensitises Abia Stakeholders On Procurement Policy Reforms

The Niger Delta Development Commission, NDDC, has extended the sensitisation programme for Niger Delta stakeholders on policy reform and the digitisation of its procurement system to promote transparency, efficiency and accountability in the Commission to Abia...

May 3, 2026 No Responses

GOCOP Congratulates Information Minister, Mohammed Idris At 60

The Guild of Corporate Online Publishers (GOCOP) has congratulated the Minister of Information and National Orientation, Alhaji Mohammed Idris, on his 60th birthday.In a statement jointly signed by its president, Danlami Nmodu, mni and general secretary, Sufuy...

May 3, 2026 No Responses

Ikewun Resumes As Acting Comptroller, North-Eastern Marine Command

Deputy Comptroller of Customs (DC), Joseph Ikewun has resumed duty as Acting Comptroller of the North-Eastern Marine Command of the Nigeria Customs Service (NCS).Ikewun officially assumed office at the Command’s headquarters in Makurdi on April 30, 2026, wit...

May 2, 2026 No Responses

Labour Urges Swift Response To Insecurity, Poverty Crisis

Nigeria’s organised labour has raised alarm that rising insecurity and deepening poverty are crushing workers and eroding the foundations of decent work, with far-reaching consequences for national development.The Nigeria Labour Congress (NLC) and Trade Unio...

May 2, 2026 No Responses

Tinubu Embarks On France, Kenya, Rwanda Trip

President Bola Tinubu will depart Abuja on Saturday for a three-nation visit to France, Kenya and Rwanda, as part of efforts to deepen diplomatic and economic ties.According to a statement issued on Friday by Presidential Spokesperson, Bayo Onanuga, the Presid...

May 1, 2026 No Responses

Customs Charges Junior Course 24 Graduates On Professional Impact

The Nigeria Customs Command and Staff College (NCCSC), Gwagwalada, has graduated participants of Junior Course 24, with a strong charge on professionalism, impact, and service excellence.The graduation ceremony, held on Thursday, at the Ahmed Makarfi Hall in A...

April 30, 2026 No Responses

Chery, Carloha Target Growth In Nigeria’s Commercial Vehicle Segment

Chery Automobile is ramping up plans to enter Nigeria’s commercial vehicle space, in a strategic move that reflects rising confidence in the country’s automotive market and growing demand for business mobility solutions.Already, the Chinese auto giant is i...

April 30, 2026 No Responses

Shareholders Applaud NGX Group’s ₦2 Dividend, Bonus Issue

Shareholders of Nigerian Exchange Group Plc (NGX Group) have endorsed the company’s 2025 financial results, with strong emphasis on the approved ₦2.00 per share final dividend and a one-for-three bonus share issue, describing both as clear signals of value...

April 30, 2026 No Responses

CVFF Disbursement And The Burden Of Responsibility

By Chika Chukwudi The long-anticipated disbursement of Nigeria’s Cabotage Vessel Financing Fund (CVFF) marks a defining moment for the nation’s maritime sector. Approved by President Bola Ahmed Tinubu GCFR, the release of the fund signals more than policy ...

April 29, 2026 No Responses

Customs, NDLEA To Strengthen Anti-Drug Operations

The Nigeria Customs Service (NCS) and the National Drug Law Enforcement Agency (NDLEA) have moved to strengthen their frontline partnership against narcotics trafficking and organised crime, following a high-level meeting between the Comptroller-General of Cus...

April 29, 2026 No Responses

Shareholders Applaud GTCO’s N12.76 Dividend, N500b Capital Milestone

By ebosele@hotmail.com. – Shareholders of Guaranty Trust Holding Company Plc (GTCO) have commended the management of the financial institution for delivering what they described as the highest dividend payout in Nigeria’s banking sector, declaring a to...

April 28, 2026 No Responses

Nigeria Targets Growth Of Women-Owned Firms With New Reforms

The Nigerian Government has outlined policies and financial market reforms aimed at tackling the persistent barriers facing women-owned businesses, particularly limited access to credit, markets, and long-term capital.Speaking at the grand finale of the “Giv...