News – City Business News

April 17, 2026 No Responses

ESM, AfDB Seal Financial Stability MoU

The European Stability Mechanism (ESM) and the African Development Bank Group (AfDB) on Thursday signed a Memorandum of Understanding (MoU) to formalise and strengthen cooperation between the two institutions.The agreement was signed on the sidelines of the 2026 Spring Meetings...

April 17, 2026 No Responses

Nigeria Begins ICAO Validation Mission

Nigeria has commenced the International Civil Aviation Organization (ICAO) Coordinated Validation Mission (ICVM) aimed at strengthening its aviation safety oversight capabilities, with the exercise running from April 15 to 22, 2026.Speaking at the opening sess...

April 16, 2026 No Responses

Alleged Fraud: Court Issues Arrest Warrant against Ex-Minister, Permanent Secretary

Justice Jude Onwuegbuzie of the Federal Capital Territory, FCT, High Court Abuja on Thursday, April 16, 2026 issued a warrant of arrest against a former Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Faruoq and a Perm...

April 16, 2026 No Responses

Oyetola Unveils NIMASA–UNILAG Maritime Institute Building

The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, on Thursday commissioned the Institute of Maritime Studies (IMS) Multipurpose Building at the University of Lagos, reaffirming the Federal Government’s commitment to advancing Nigeria’s marin...

April 16, 2026 No Responses

Tinubu Congratulates Benin President-Elect, Wadagni, Seeks Stronger Bilateral Ties

President Bola Ahmed Tinubu has congratulated the President-elect of the Republic of Benin, Romuald Wadagni, on his victory in the presidential election held on April 12, 2026.Wadagni, who currently serves as the country’s Minister of Finance, secured an ove...

April 16, 2026 No Responses

Oyo/Osun Customs Visit International Breweries, Urge Compliance

As part of ongoing efforts to deepen collaboration with excise factories and key stakeholders, the Acting Customs Area Controller, Oyo/Osun Area Command, Wale Moses Adewole, on Tuesday, April 14, 2026, paid a courtesy visit to International Breweries Plc in Il...

April 16, 2026 No Responses

Shippers’ Council Tasks Port Operators On Efficiency, Maritime Hub Goal

The Chairman of the Nigerian Shippers’ Council (NSC) Governing Board, Shehu Shema, has urged port service providers to intensify efforts toward positioning Nigeria as a leading maritime hub in the region.Shema made the call during a courtesy visit by members...

April 16, 2026 No Responses

Dantsoho: Oyetola, Reforms Spur Maritime Growth

The Managing Director and Chief Executive Officer of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has attributed the transformation of the nation’s maritime sector to the impact of the Minister of Marine and Blue Economy, Dr Adegboyega Oyetola ...

April 16, 2026 No Responses

Photo News

The President/Chief Executive of Dangote Industries Limited, Aliko Dangote (right) presenting a souvenir to the President of World Bank Group, Mr. Ajay Banga during a meeting in his office on Thursday at the side of the IMF/WBG Spring Meetings in...

April 16, 2026 No Responses

NLNG Disburses ₦250m Grants At 2026 VIBES Pitch-A-Thon Finale

NLNG has disbursed ₦250 million in grants to 51 entrepreneurs following the conclusion of its 2026 Vocational Innovation and Business Empowerment Scheme (VIBES), which commenced with the induction of 103 participants from its host communities in Rivers State...

April 16, 2026 No Responses

Kalu Takes Charge Of FRSC In Akwa Ibom, Harps On Integrity

The newly posted Federal Road Safety Corps (FRSC) Sector Commander in Akwa Ibom State, Felicia Kalu, has officially assumed duty, beginning her tenure with an inaugural parade aimed at reinforcing integrity, professionalism, and transparency within the command...

April 15, 2026 No Responses

Pressure Mounts On World Bank To Halt Factory Farming Funding

By Moses Ebosele, ebosele@hotmail.com More than 30 civil society organisations have urged the World Bank Group to halt financing for industrial livestock production and redirect investments toward sustainable, small-scale food systems that safeguard people, an...

April 15, 2026 No Responses

NIMASA DG Harps On Professionalism As 34 NSDP Cadets Obtain CoC

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dayo Mobereola, has spotlighted the success of 34 cadets from the Nigerian Seafarers Development Programme (NSDP) who have now obtained their Certificates of Competency (C...

April 15, 2026 No Responses

NGX, BOI Deepen SME Financing Drive In Kano

Nigerian Exchange Limited (NGX) and Bank of Industry (BOI) have reinforced efforts to integrate small and medium-sized enterprises (SMEs) into Nigeria’s formal capital market, taking their financing advocacy to Kano as part of a broader national engagement d...