News – City Business News

February 17, 2026 No Responses

NDDC Flags Off CNG Conversion Training For 400 Youths

The Niger Delta Development Commission, NDDC, has flagged off a six-week training programme for 400 Niger Delta youths on the Compressed Natural Gas, CNG, Autogas Conversion.Speaking at the flag-off ceremony at the Dakkada Skills Acquisition Centre, Uyo, Akwa Ibom State,...

February 17, 2026 No Responses

GTBank Launches Quick Airtime At 2.95%

Guaranty Trust Bank Ltd (GTBank), the flagship banking franchise of GTCO Plc, on Tuesday unveiled Quick Airtime Loan, an innovative digital solution designed to give customers instant access to airtime when they run out of call credit and have limited...

February 17, 2026 No Responses

Oyedele: Partnership With NANTA Key To Tax Reform Success

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has expressed optimism that Nigeria’s ongoing tax reforms will achieve lasting success through sustained engagement with key industry stakeholders, like the National ...

February 17, 2026 No Responses

Dangote Seals $400m Equipment Deal For Refinery Expansion

Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery, in a move set to accelerate the expansion of the Dangote Petroleum Refinery &...

February 17, 2026 No Responses

Lagos STL Claims 2026 NPA Polo Title, GTCO Reaffirms Support

Guaranty Trust Holding Company Plc has reaffirmed its commitment to advancing sports development in Nigeria and across Africa following the thrilling conclusion of the 2026 NPA Lagos International Polo Tournament, where Lagos STL emerged champions of the prest...

February 17, 2026 No Responses

EFCC Arraigns Husband, Wife For N740m Investment Fraud

The Economic and Financial Crimes Commission, EFCC on Monday, February 16, 2026, arraigned the Chief Executive Officer of Onome Global Market Resources Limited and Lexicon Multi-concept Media Limited, Osabohein Alex Ologbose, alongside his wife Hope Onome Oghe...

February 16, 2026 No Responses

Institute Warns of Health Risks From Fabricated Grinding Machines

The Federal Institute of Industrial Research, Oshodi (FIIRO), Lagos, has raised concerns over rising cases of organ failure and cardiovascular diseases in Nigeria, linking them to the consumption of foods processed with locally fabricated grinding machines.The...

February 16, 2026 No Responses

Customs, American Business Council Strengthen Nigeria–US Trade Ties

The Nigeria Customs Service (NCS) has reinforced investor confidence and strengthened trade relations between Nigeria and the United States following a high-level stakeholder engagement with the American Business Council (ABC).The meeting, held in Lagos, broug...

February 16, 2026 No Responses

Committee Debunks Viral Claims On New Tax Laws

The Presidential Fiscal Policy and Tax Reforms Committee has dismissed as false a viral video alleging that new tax laws will take effect in 2027 and impose a 25 per cent tax on funds earmarked for building materials and other...

February 15, 2026 No Responses

NIMASA, NUPRC Deepen Collaboration To Boost Investment Climate

The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have reaffirmed their commitment to strengthening Nigeria’s investment climate through enhanced inter-agency collaboration.This ...

February 15, 2026 No Responses

NLNG Emerges Overall Champion At 20th NOGIG

The Nigeria Liquefied Natural Gas (NLNG) has been crowned Overall Champion and Best Sports Company at the 20th edition of the Nigeria Oil and Gas Industry Games (NOGIG).In a statement on Sunday, NLNG’s Manager, Corporate Communication and Public Affairs, Ann...

February 15, 2026 No Responses

Customs Foils Midnight Cocaine Smuggling, Hands Over N1b Seizure to NDLEA

Officers of the Nigeria Customs Service (NCS) Seme Area Command have intercepted 22 packages of suspected cocaine worth N1 billion, concealed in a vehicle along the Badagry–Seme corridor, reinforcing ongoing inter-agency efforts against cross-border drug tra...

February 15, 2026 No Responses

NDDC Assures On Completion Of Imo, Abia, Rivers Link Road

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has assured that the 21-kilometre Ehime-Nguru-Aba Branch-Mpam-Umuokirika-Ekwereazu Road, traversing the Ehime Mbano Local Government Area of Imo State, and Abia and Rivers...

February 14, 2026 No Responses

Nigeria Customs Targets Paperless Clearance By Q2 2026

The Nigeria Customs Service (NCS) is to rollout paperless customs clearance system by the end of the second quarter of 2026.The Comptroller-General of Customs, Bashir Adewale Adeniyi, made the disclosure on Friday at the launch of the NCS One-Stop-Shop (OSS).....