Information – Page 38 – City Business News

May 22, 2025 No Responses

Oyetola Seeks France’s Support For Nigeria’s IMO Council Bid

The Minister of Marine and Blue Economy, Adegboyega Oyetola, on Wednesday received the Ambassador of France to Nigeria, Marc Fonbaustier, in his office in Abuja in a visit that underscored the deepening maritime and diplomatic relations between both countries. A...

May 22, 2025 No Responses

Polypropylene: Dangote Partners Firm, Targets $1.2b Turnover

Dangote Petroleum Refinery and Petrochemicals FZE has announced an exclusive partnership with Premier Product Marketing LLC, a Vinmar company, to bring Dangote Polypropylene™ to global markets outside Nigeria and Africa.This strategic agreement coincides wit...

May 22, 2025 No Responses

NCC Photo News

L-R: Executive Vice Chairman/ Chief Executive Officer, Nigerian Communications Commission (NCC), Dr. Aminu Maida and Ag. Director General, National Communications Authority (NCA), Ghana, Edmund Fianko, during a benchmarking visit of the NCC to the NCA in Ghana...

May 22, 2025 No Responses

Customs Reaffirms Support For Renewable Energy Trade

The Nigeria Customs Service (NCS) has reaffirmed its commitment to promoting seamless and sustainable trade operations, with a renewed focus on facilitating the importation of renewable energy technologies. The Comptroller-General of Customs (CGC), Adewale Ade...

May 22, 2025 No Responses

NADDC Visits Electric Vehicle Manufacturing Firm, SAGLEV

The National Automotive Design and Development Council (NADDC) has commended SAGLEV Electromobility Nigeria Limited, “for pioneering electric vehicle manufacturing in Nigeria”. The NADDC Director General, Mr. Oluwemimo Joseph gave the commendation ...

May 22, 2025 No Responses

Senate To Criminalise Ripening Of Fruits With Chemicals

The Senate has raised alarm over the growing use of dangerous chemicals, particularly calcium carbide, by fruit vendors to artificially ripen fruits, resolving to amend existing laws to criminalise such practice. Describing use of hazardous substances for frui...

May 21, 2025 No Responses

Lagos Seeks Partnership To Tackle Coastal Erosion

As part of proactive measures to address the growing threat of coastal erosion in Lagos State, the Commissioner for Waterfront Infrastructure Development, Hon. Ekundayo Alebiosu, has announced plans to further scale up the deployment of Groyne technology, a pr...

May 21, 2025 No Responses

Innoson: Nigeria-First Policy Can Aid Local Industries, Attract Investments

Founder of Innoson Vehicle Manufacturing (IVM), Innocent Chukwuma, has expressed optimism that the Federal Government’s newly approved Nigeria-First policy will revitalise struggling local industries and attract global investors to Nigeria’s manufacturing ...

May 20, 2025 No Responses

Nigeria, Benin Unveil SIGMAT To Check smuggling, Fraud

The Nigeria Customs Service (NCS) and the Customs Administration of Benin Republic on Monday unveiled a technological innovation, SIGMAT aimed at checking smuggling and other trade malpractices on the Nigeria-West Africa trade corridor. At a ceremo...

May 20, 2025 No Responses

NCS Harps On Renewable Energy Import Process, Unveils Handbook

The Nigeria Customs Service (NCS) has reiterated it’s commitment to facilitating trade in renewable energy equipment. The Comptroller General of Customs (CGC), Adewale Adeniyi made the pledge on Monday during the NCS 2025 Trade Facilitation Stakeholder Consu...

May 20, 2025 No Responses

Supreme Court Affirms Judgment Debt Against Fidelity Bank

The Supreme Court of Nigeria has upheld the rulings of both the High Court and the Court of Appeal in a protracted legal dispute between Fidelity Bank Plc and Sagecom Concepts Limited, an Ibadan-based firm. With this final judgement on...

May 19, 2025 No Responses

Seplat Energy Explains $1.116b Revenue, 11million Man Hours Without Injury

The business performance of Seplat Energy Plc, for 2024 full-year met and exceeded the expectation of the Board of Directors, the Chairman, Senator Udoma Udo Udoma, has said. Udoma said this on the sidelines of the company’s 12th Annual General Me...

May 19, 2025 No Responses

China To Build Electric Vehicles Factories In Nigeria

The Chinese Ambassador to Nigeria, Yu Dunhai, has reaffirmed China’s commitment to deepening bilateral cooperation with Nigeria, particularly in the solid minerals sector, through the establishment of electric vehicle (EV) factories and increased industrial ...

May 19, 2025 No Responses

NDLEA Nabs 80-Year-Old Man With 2.3kg Illicit Drugs

The National Drug Law Enforcement Agency (NDLEA) has arrested 80-year-old Man, Ayuba Ashiru over the possession of 2.3 kilogrammes of skunk packaged in nylons and papers for retail. In a statement on Sunday, NDLEA spokesperson, Femi Babafemi, said Ashiru was.....