Information – City Business News

March 8, 2026 No Responses

EFCC Arraigns Four For Alleged N2bn Oil Fraud

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Directorate 2, Ikoyi, on Friday, March 6, 2026, arraigned the quartet of Babatunde Olukunle Oyefolu, Babayemi Isaac Olatunde Ezekiel Abaki and Plural Oil Marketing Limited for an alleged N2bn oil fraud...

March 7, 2026 No Responses

Shippers’ Council, Ogun Partners On Inland Dry Port

The Nigerian Shippers’ Council (NSC), and Ogun State Government are partnering to fast -track the development of Gateway Inland Dry Port project.The Executive Secretary and Chief Executive Officer of Nigerian Shippers’ Council, Dr. Akutah Pius led ...

March 7, 2026 No Responses

EFCC Hands Over Recovered N279m To Wole Soyinka Centre

The Economic and Financial Crimes Commission, EFCC, has handed over the sum of N279 million (Two Hundred and Seventy-nine Million ) to the Wole Soyinka Centre for Culture and the Creative Arts, formerly known as the National Theatre, Lagos, as...

March 7, 2026 No Responses

NAHCO’s Group Executive Director Bags Award

In recognition of his global peace-building efforts, NAHCO’s Group Executive Director, Commercial and Business Development, Prince Saheed Lasisi, has been awarded an International Eminent Peace Ambassador by the International Association of World Peace A...

March 6, 2026 No Responses

TINUBU INAUGURATES COMMITTEE ON GRID ASSET MANAGEMENT COMPANY

President Bola Tinubu on Friday constituted an 11-member committee to ensure the smooth sailing incorporation of the Grid Asset Management Company Limited (GAMCO).The committee’s constitution followed the Federal Executive Council’s approval of the...

March 6, 2026 No Responses

TINUBU APPROVES POSTINGS OF AMBASSADORS

President Bola Ahmed Tinubu has approved the postings of 31 career and 34 non-career ambassadors to various countries and the United Nations.The Senate confirmed the ambassadors-designate last December. POSTINGS OF NON-CAREER AMBASSADORS / HIGH COMMISSIONERS S...

March 6, 2026 No Responses

CAC, BPP Strengthen Partnership

The Corporate Affairs Commission (CAC) and the Bureau of Public Procurement (BPP) have resolved to deepen collaboration to support the Federal Government’s drive toward building a trillion-dollar economy.The decision was reached on Thursday during a courtesy...

March 6, 2026 No Responses

Oyo/Osun Customs Strengthens Stakeholder Ties With BATN, Alaafin

The Nigeria Customs Service (NCS) has reaffirmed its commitment to strengthening collaboration with key stakeholders to enhance revenue generation and facilitate legitimate trade.As part of this effort, the Acting Customs Area Controller of the Oyo/Osun Area C...

March 6, 2026 No Responses

Nigerian Stocks Rebound, Investors Gain N220b

The Nigerian equities market on Thursday rebounded from a one-day slump, adding about N220 billion to investors’ portfolios as buying interest returned to several stocks across key sectors.Market data showed that the market capitalisation rose by 0.18 per ce...

March 6, 2026 No Responses

Indian Firms Commit $27b Investments In Nigeria

High Commissioner of India, Amb. Abhishek Singh,on Thursday estimated that Indian firms have cumulatively invested around $27 billion in Nigeria.These companies, he said, are active in sectors including pharmaceuticals, power, transmission, manufacturing, hosp...

March 6, 2026 No Responses

CAS In Port Harcourt, Reiterates Protection For Oil, Gas Assets

The Chief of the Air Staff (CAS), Air Marshal Sunday Kelvin Aneke, on Thursday, undertook a strategic operational visit to the Nigerian Air Force (NAF) Base, Port Harcourt, Rivers State, where he commissioned key infrastructure projects, inspected critical ope...

March 5, 2026 No Responses

Presidency Rallies Stakeholders Ahead Of National Single Window Rollout

Key government stakeholders on Wednesday met at the Presidential Villa, Abuja, to review progress and fine-tune strategies ahead of the March 27 launch of Nigeria’s National Single Window (NSW) platform aimed at transforming the country’s trade ecosystem.T...

March 5, 2026 No Responses

Nigeria Army Unveils Locally-Made Combat Vehicles

The Nigerian Army on Wednesday in Kaduna unveiled locally made Vanquisher Light Combat Vehicles.Speaking at the event, the Chief of Army Staff, Waidi Shaibu commended the production of the Vehicles, describing it as a major step in strengthening Nigeria’s de...

March 5, 2026 No Responses

Arsenal Win, Man City Drop Points As Premier League Title Race Intensifies

The latest round of fixtures in the Premier League delivered another twist in the title race as Arsenal secured a vital victory while rivals Manchester City dropped valuable points.Arsenal continued their impressive run with a composed and disciplined performa...