News – City Business News

February 1, 2026 No Responses

Nigeria, South Korea’s AEDC Sign EV Manufacturing Plant MoU

In a major step toward positioning Nigeria as a global automotive manufacturing hub, the Federal Government has signed a Memorandum of Understanding (MoU) with South Korea’s Asia Economic Development Committee (AEDC) for the establishment of an Electric Vehicle (EV) manufacturing...

February 1, 2026 No Responses

Customs, EFCC Step Up Joint Efforts Against Financial Crimes

The Nigeria Customs Service (NCS), Zone ‘A’ Headquarters, Lagos, has intensified its commitment to inter-agency collaboration following a courtesy visit by senior officials of the Economic and Financial Crimes Commission (EFCC), aimed at strengthening the ...

January 31, 2026 No Responses

Achievers University Admits 950 New Students

By ebosele@hotmail.com. – Achievers University, Owo, Ondo State, has reaffirmed its zero-tolerance policy against drug use, abuse and other social vices, warning that any student found culpable will face outright expulsion.The Pro-Chancellor and Chairman...

January 30, 2026 No Responses

PTML Customs Hands Over Seized Arms, Ammunition To NCCSALW, Generates N44.06b In January

The Port and Terminal Multi-services Limited (PTML) Command of the Nigeria Customs Service (NCS) has handed over seized arms and ammunition to the National Centre for the Control of Small Arms and Light Weapons (NCCSALW), reaffirming its commitment to border.....

January 30, 2026 No Responses

NCAA, UK DfT Conclude Joint Aviation Security Assessment

The Nigeria Civil Aviation Authority (NCAA), in collaboration with the United Kingdom Department for Transport (UK DfT), has concluded a three-day Joint Aviation Security Vulnerability Assessment aimed at strengthening Nigeria’s aviation security architectur...

January 30, 2026 No Responses

Dantsoho: We Are Rebuilding Nigerian Ports To International Standards

In this interview with Ports & Harbors, the official magazine of the International Association of Ports and Harbors (IAPH), the Managing Director and Chief Executive Officer of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho—recently appointed ...

January 30, 2026 No Responses

NADDC, BPP Move To Enforce Nigeria First Policy In Auto Sector

By ebosele@hotmail.com. – The Director-General of the Bureau of Public Procurement (BPP), Dr. Adebowale, on January 28, 2026, briefed automotive assemblers on the Federal Government’s Nigeria First Policy, a strategic initiative designed to drive econo...

January 30, 2026 No Responses

How NIWA Secured ₦14.6b For Boat Procurement, By Oyebamiji

Former Managing Director of the National Inland Waterways Authority (NIWA), Mr. Bola Oyebamiji, has disclosed that the Federal Government approved about ₦14.6 billion for the procurement of modern boats and ferries to strengthen safety, trade and passenger t...

January 29, 2026 No Responses

EFCC Arraigns BFI Group Corporation, Six Others For Alleged €100m Fraud

The Economic and Financial Crimes Commission, EFCC, on Thursday, January 29, 2026 arraigned BFI Group Corporation, Reuben M. Jaja, Uzor Chidi Jerry, David Femi James, Imeobong Jumbo Udom, Adeola Edward and Emeka Emmanuel Okorie before Justice M.S Idris of the....

January 29, 2026 No Responses

Jetour Dashing Redefines Competition In Nigeria’s Compact SUV Market

Nigeria’s compact Sports Utility Vehicle (SUV) segment is becoming increasingly competitive, but one model rapidly carving a niche for itself is the Jetour Dashing.Fresh from clinching the 2025 Car of the Year award, the five-seater SUV has evolved from a...

January 29, 2026 one Response

Lagos, Hong Kong PPP Bodies Seal Infrastructure MoU

The Lagos State Office of Public-Private Partnerships (OPPP) has signed a two-year Memorandum of Understanding (MoU) with the Institution of Public-Private Partnerships Hong Kong (IPPP HK), marking a major step towards strengthening international collaboration...

January 29, 2026 No Responses

Jetour International Strengthens Nigeria Presence With Visit To New Era Autovehicle

Jetour International has reaffirmed its growing commitment to the Nigerian automotive market with a high-level visit to Jetour Mobility Services Nigeria Limited and the Lagos office of New Era Autovehicle Services Limited.The Jetour delegation was led by Andy ...

January 28, 2026 one Response

Police Uncover Alleged₦7.7b Telecom Fraud, Arrest Six Suspects

The Nigeria Police Force – National Cybercrime Centre (NPF–NCCC) has uncovered and dismantled a sophisticated cyber-enabled fraud syndicate.A statement issued on Wednesday explained that the syndicate was responsible for the illegal diversion of a telecomm...

January 28, 2026 No Responses

Mahmood Meets NIWA Management On Safety, Service Delivery

The Permanent Secretary of the Federal Ministry of Marine and Blue Economy (FMM&BE), Hajiya Fatima Sugra Tabi’a Mahmood, has engaged the management of the National Inland Waterways Authority (NIWA) on strengthening safety awareness and improving service ...