Information – City Business News

April 11, 2026 No Responses

Tinubu Inaugurates 60-Megawatt Gas Turbine Plants In Bayelsa

President Bola Tinubu, on Friday, inaugurated 60-megawatt gas turbine plants at Elebele in Ogbia Local Government Area of Bayelsa.The president also inaugurated other projects implemented by the Gov. Douye Diri-led administration such as 630 metre Angiama-Oporoma Bridge, Sagbama/Ekeremor Road, and...

April 11, 2026 No Responses

Ogun To Return Missionary Schools To Original Owners

Governor Dapo Abiodun has announced plans to return missionary schools in Ogun State to their original owners as part of efforts to strengthen partnerships in the education sector.The governor made this known on Friday while receiving the Apostolic Nuncio to.....

April 10, 2026 No Responses

CCB Tasks NDDC On Asset Declaration, Ethical Standards

The Chairman of the Code of Conduct Bureau (CCB), Dr Abdullahi Bello, has advised staff of the Niger Delta Development Commission (NDDC) to strictly adhere to the provisions of the Code of Conduct Bureau and Tribunal Act.Bello gave the advice...

April 10, 2026 No Responses

Customs Deepens Stakeholder Engagement In Oyo/Osun

The Nigeria Customs Service has intensified its engagement with excise traders and stakeholders as part of efforts to boost compliance and revenue generation.On Thursday, April 9, 2026, the Assistant Comptroller-General in charge of Excise, Free Trade Zone and...

April 8, 2026 No Responses

Stock Rebounds After Easter, Investors Gain N208b

The Nigerian stock market on Tuesday reopened after the Easter holiday on a bullish note, as investors recorded a gain of N208 billion amid renewed buying interest in key equities.Market capitalisation rose by 0.16 per cent, increasing from N129.806 trillion.....

April 8, 2026 No Responses

Tax Default: Lagos Arraigns Primero, AA Rescue, Bi-Courtney, Heyden Petroleum, Others

The Lagos State Government has commenced legal action against 45 corporate organisations and individuals over alleged tax liabilities running into billions of naira, in a renewed push to enforce compliance and recover outstanding revenues.The cases, filed befo...

April 7, 2026 No Responses

CNG: FG Probes Kaduna Explosion

The Federal Government (FG) through the Presidential Initiative on Compressed Natural Gas and Electric Vehicles (Pi-CNG & EV) has commenced investigations, in collaboration with relevant authorities, into the cause of a vehicle explosion at a Kaduna motor ...

April 7, 2026 No Responses

Ethiopian Airlines, Asky Partner On New West Africa Aircraft Maintenance Hub

Ethiopian Airlines Group has announced plans to establish a new aircraft maintenance, repair, and overhaul (MRO) facility in West Africa in partnership with Asky Airlines.A statement explained that the proposed facility follows the outcome of a feasibility stu...

April 7, 2026 No Responses

NIMASA Signs 2026 Performance Bond, Highlights 2025 Gains

The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its commitment to accountability, improved performance, and sustained growth in the maritime sector with the signing of its 2026 Sectoral Performance Bond.The exercise was overseen ...

April 6, 2026 No Responses

Oyetola To Shippers’ Council: Probe Barge Operators’ Alleged Marginalisation

The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, has directed the Nigerian Shippers’ Council (NSC) to investigate allegations of systemic efforts to undermine local barge operators at the nation’s seaports.The Minister issued the directive d...

April 6, 2026 No Responses

NDDC Hands Over Shoreline Protection Projects

The Niger Delta Development Commission (NDDC) has officially handed over the sites for the Emergency Reclamation and Shoreline Protection projects in Onuebum and Ayakoro communities in Ogbia Local Government Area of Bayelsa State to the contractor for immediat...

April 6, 2026 No Responses

Coscharis Motors Rolls Out Easter Discount

Coscharis Motors has introduced a limited Easter-themed promotional offer, giving customers up to 10 per cent price consideration on select vehicle models throughout April.The initiative, designed as part of the company’s seasonal engagement, also features e...

April 6, 2026 No Responses

Shippers’ Council Reaffirms Commitment To ICTN Rollout

The Nigerian Shippers’ Council (NSC) has reaffirmed its resolve to fully implement the International Cargo Tracking Note (ICTN), assuring stakeholders that concrete steps are being taken to ensure a smooth and sustainable rollout.Speaking at the 2026 First Q...

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 effe...