News – Page 17 – City Business News

July 26, 2026 No Responses

City Business News Publisher, Ebosele, Bags Excellence Award

By ebosele@hotmail.com – Foremost business journalist and Publisher of City Business News Online, Moses Ebosele, has been honoured with an Excellence Award in recognition of his outstanding contributions to the growth and development of Nigeria’s maritime sector.Ebosele, who is also...

July 25, 2026 No Responses

LAMATA Engages AfDB On Green Line Rail Project

The Lagos Metropolitan Area Transport Authority (LAMATA), in collaboration with the Ministry of Finance Incorporated (MOFI), has advanced plans for the Lagos Rail Mass Transit (LRMT) Green Line with a high-level stakeholder engagement involving representatives...

July 25, 2026 No Responses

Nigeria’s $2b Renewable Energy Investment Yields Only 76,000 Jobs, REA Flags Local Capacity Gap

Dr. Abba Aliyu, Managing Director of the Rural Electrification Agency (REA), has disclosed that Nigeria’s renewable energy workforce participation remains significantly low, with the sector generating only about 70,000 jobs despite attracting over $2 billion...

July 25, 2026 No Responses

NUC Grants Operational Licence To Maria Assumpta University, Owerri

By ebosele@hotmail.com The Catholic Archdiocese of Owerri has achieved a major milestone with the official issuance of an operational licence for Maria Assumpta University, Owerri, by the National Universities Commission (NUC).City Business News reports that t...

July 25, 2026 No Responses

NIMASA DG Reaffirms Commitment To Green Shipping, Maritime Decarbonisation

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, has reaffirmed the Agency’s commitment to advancing maritime decarbonisation, promoting green shipping practices, and strengthening marine environmen...

July 25, 2026 No Responses

Lagos Seals 20 Properties Over Alleged Planning Infractions

The Lagos State Government, through the Lagos State Physical Planning Permit Authority (LASPPPA), has sealed over 20 properties in Ikeja Local Government Area for various physical planning infractions as part of its ongoing efforts to enforce compliance with t...

July 25, 2026 No Responses

Minister Inaugurates Committee To Draft VAT Modification Order

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele has inaugurated the Inter-Ministerial Committee on the VAT Modification Order 2026, charging members to develop a modern framework that will support the implementation of Nigeria&#...

July 24, 2026 No Responses

NADDC Sensitises Auto Dealers On Registration Portal In Lagos

The National Automotive Design and Development Council (NADDC) has reaffirmed its commitment to transforming Nigeria’s automotive industry through digital innovation with the commencement of the South- West Zone of the National Sensitization Workshop on ...

July 24, 2026 No Responses

Dangote Refinery completes $2.5b Private Equity Placement

Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has successfully completed a landmark Private Equity Placement that raised approximately $2.5 billion in new equity, following a highly successful offering.City Business News reports that the transaction...

July 24, 2026 No Responses

Eleven Poets Jostle For $100,000 Nigeria Prize For Literature

Eleven outstanding poetry collections have emerged on the longlist of The Nigeria Prize for Literature, selected from 223 received for the competition.The announcement, by the chairman of the Advisory Board for the Prize, Prof Akachi Adimora-Ezeigbo marks a si...

July 23, 2026 No Responses

EFCC Hands Over Recovered N108m To Firm

The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, on Wednesday, July 22, 2026, handed over the sum of N108 million to a company, Greenwich Planet Sun King Nigeria Limited, in Lagos.The money, handed over in...

July 23, 2026 No Responses

Tinubu Approves Army Expansion To 12 Divisions, Recruitment Of 28,000 Personnel

President Bola Ahmed Tinubu, GCFR, Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria, has approved the expansion of the Nigerian Army’s structure from eight to twelve divisions.This approval underscores the President’s unwavering co...

July 23, 2026 No Responses

Blessing Computers Highlights 20 Years Of Customer-Focused ICT Solutions

For more than 20 years, Blessing Computers Limited has continued to build a reputation as one of Nigeria’s trusted technology solution providers, delivering genuine ICT products, infrastructure solutions and dependable after-sales support to individuals,...

July 23, 2026 No Responses

NCDMB, Chevron, Tomba Strengthen Local Capacity with Storage Tank Training

By ebosele@hotmail.com The Nigerian Content Development and Monitoring Board (NCDMB), in collaboration with Chevron Nigeria Limited (CNL) and Tomba Resources Nigeria Limited (TRNL), has commenced the Nigerian Content Human Capacity Development (NC-HCD) Provisi...