News – City Business News

April 3, 2026 No Responses

FRSC Redeploys 162 Officers, Names Ohaeri New Spokesman

The Corps Marshal, Federal Road Safety Corps (FRSC), Shehu Mohammed, has approved the redeployment of 162 senior officers.A statement issued on Thursday by Agboola Olundegun, Assistant Corps Commander (ACC), Administration, Corps Public Education Office (CPEO) explained that the redeployment is...

April 3, 2026 No Responses

Oyetola Tasks Maritime Agency Heads, Demands Accountability

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has challenged heads of agencies under his Ministry, insisting on strict accountability and the delivery of measurable results.Oyetola gave the directive during the signing of performance bonds with ...

April 3, 2026 No Responses

Profit Taking Triggers N3b Loss In Stock Market

The Nigerian stock market closed on Thursday on a bearish note, shedding N3 billion in market value amid mild profit-taking.The decline was driven by sell-offs in equities, including John Holt, Abbey Mortgage Bank, International Energy Insurance, CHAMS, Tantal...

April 3, 2026 No Responses

COWA Oyo/Osun Intensifies Humanitarian Outreach, Supports Vulnerable Children, Widows

By ebosele@hotmail.com. – The Customs Officers’ Wives Association (COWA), Oyo/Osun Chapter, has reaffirmed its commitment to humanitarian service with a series of outreach visits to vulnerable groups, including children in care homes and widows of Cust...

April 3, 2026 No Responses

GTCO Unveils “Take on Squad” Hackathon 3.0, Opens Call for Applications

Guaranty Trust Holding Company Plc (GTCO) has announced the launch of “Take on Squad” Hackathon 3.0, reaffirming its commitment to fostering innovation, empowering talent, and supporting the development of technology-driven solutions that address real-worl...

April 2, 2026 No Responses

NADDC Hosts Earthoc Energy, Explores Clean Energy Partnership

The National Automotive Design and Development Council (NADDC), on Thursday received a delegation from Earthoc Energy Limited at the Council’s Headquarters in Abuja, to discuss progress and partnership opportunities in advancing Nigeria’s clean energy ...

April 2, 2026 No Responses

Pi-CNG Partners FRSC On CNG, EV Adoption, Safety

By ebosele@hotmail.com The Executive Chairman of the Presidential Initiative on Compressed Natural Gas (Pi-CNG), Ismaeel Ahmed, has announced a strategic collaboration with the Corps Marshal of the Federal Road Safety Corps (FRSC), Shehu Mohammed, aimed at adv...

April 2, 2026 No Responses

Oyetola: National Shipping Carrier Project Records Major Milestone

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced significant progress toward the refloating of a national shipping carrier, marking a major step in strengthening Nigeria’s maritime industry.Oyetola made the disclosure on Thursday du...

April 2, 2026 No Responses

Tinubu Names New PTDF Boss, Extends TCN MD’s Tenure

President Bola Ahmed Tinubu has appointed Professor Shu’aibu Shehu Aliyu as the Executive Secretary of the Petroleum Technology Development Fund (PTDF).He replaced Ahmed Galadima Aminu, who recently resigned to participate in the 2027 governorship election i...

April 2, 2026 No Responses

Lagos Seals Access Bank Branch Over Attack On Officials

The Lagos State Government has sealed an Access Bank branch in Victoria Island over alleged environmental violations and an attack on its enforcement officers.This was disclosed in a Wednesday statement by the Lagos State Commissioner for the Environment and W...

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 E...

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 2, 2026 No Responses

FRSC Boss Decorates 19 Assistant Corps Marshals, Others

The Corps Marshal of the Federal Road Safety Corps, Shehu Mohammed, has decorated 19 newly promoted Assistant Corps Marshals alongside Corps Commanders, following their elevation in the Corps’ 2026 promotion exercise.The decoration ceremony, which formally c...