Information – City Business News

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 Election.Speaking...

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...

March 31, 2026 No Responses

NGX Amplifies Youth Financial Literacy With “Smart Money Talks”

Nigerian Exchange Limited (NGX) joined the global community in commemorating Global Money Week 2026, reaffirming its commitment to advancing financial literacy and equipping the next generation of investors.This year’s theme, “Smart Money Talks,” highlig...

March 30, 2026 No Responses

SEC DG Seeks Stakeholders’ Collaboration On Capital Market Devt

The Director-General of the Securities and Exchange Commission (SEC) Nigeria, Dr. Emomotimi Agama, has solicited the collaboration of all stakeholders in the nation’s financial system in its current regulatory drives aimed at fully exploring the potential of...

March 30, 2026 No Responses

Coscharis Board Charts Growth Path, Targets Stronger Value Delivery

By Moses Ebosele, ebosele@hotmail.com Members of the Board of Directors across all companies within the Coscharis Group have reaffirmed their commitment to delivering sustained value to stakeholders, following the conclusion of their annual strategy retreat he...

March 30, 2026 No Responses

Customs Boss Spotlights Female Officers’ Contributions At Surprise Event

The Comptroller-General of Customs, Adewale Adeniyi, has marked the 2026 International Women’s Day with a surprise appreciation event honouring female officers of the Nigeria Customs Service.The event, held at the Customs House in Maitama, Abuja, drew a ...

March 29, 2026 No Responses

Governors Celebrate Tinubu At 74

The Chairman of the South-West Governors Forum and Governor of Lagos State, Mr. Babajide Sanwo-Olu, has congratulated President Bola Tinubu on his 74th birthday anniversary, describing him as a patriotic and compassionate Leader.He described Tinubu as a vision...

March 29, 2026 No Responses

SON, Table Water Producers Strengthen Collaboration

By ebosele@hotmail.com The Director General/Chief Executive of the Standards Organisation of Nigeria (SON), Ifeanyi Chukwunonso Okeke, has reaffirmed the agency’s commitment to improving the quality of sachet water production in the country through stronger ...

March 29, 2026 No Responses

NDDC Begins Emergency Power Project

The Niger Delta Development Commission, NDDC, has commenced an emergency upgrade of the electricity supply to its headquarters complex by formally handing over the project to Income Electrix, an integrated power company.Speaking during the handover ceremony at...

March 28, 2026 No Responses

Lassa Fever Claims 135 Lives In Nigeria As Authorities Task States

The Nigeria Centre for Disease Control and Prevention (NCDC) has recorded 135 deaths from Lassa fever as of Epidemiological Week 10 of 2026, with the case fatality rate rising to 26.2 per cent, according to the latest situation report.The NCDC...

March 28, 2026 No Responses

Hyundai Nigeria Unveils All-New Palisade, Showcases Accent, Creta, Tucson, Santa Fe

Hyundai Nigeria has unveiled the all-new Hyundai Palisade in Lagos, headlining a media showcase that also featured the Hyundai Accent, Creta, Tucson and Santa Fe, as the brand reinforces its product offensive across key segments of the Nigerian market.Held in....