News – Page 2 – City Business News

February 10, 2026 No Responses

Marine and Blue Economy Ministry Budgets ₦10.49b For 2026

The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, on Tuesday presented a ₦10,499,984,667.10 budget proposal for the Federal Ministry of Marine and Blue Economy for the 2026 fiscal year, lamenting that the allocation was grossly insufficient to effectively...

February 10, 2026 No Responses

NDLEA Mourns Officer, Recovers Cocaine, Heroin, skunk, Tramadol In Bonny Island

Operatives of the National Drug Law Enforcement Agency (NDLEA) have raided a notorious drug enclave known as Ama Hausa in Bonny Island, Rivers state where six suspects were arrested and a significant cache of illicit substances, including cocaine, heroin, meth...

February 10, 2026 No Responses

NCDMB, Others Spotlight AfCFTA $3.4trn Market, Unified Standards

The 2026 edition of the African Continental Free Trade Agreement (AfCFTA) Summit commenced in Lagos on Monday, bringing together regulatory agencies, project promoters, and financial institutions to advance strategies for deepening intra-African trade and stre...

February 10, 2026 No Responses

FAAN, Licensed Cargo Agents Seal Deal On New Cargo Charges

The Federal Airports Authority of Nigeria (FAAN) has reached an agreement with Customs Licensed Cargo Agents operating at the Murtala Muhammed International Airport (MMIA), Lagos, on the proposed review of cargo port charges.City Business News reports that the...

February 10, 2026 No Responses

NDDC Backs Blue Economy Agenda

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has reaffirmed the Commission’s commitment to advancing the Blue Economy as a strategic pathway for sustainable development, regional prosperity, and international colla...

February 10, 2026 No Responses

Ports And Cargo Takes Stock Of 2025, Targets Expansion in 2026

Ports and Cargo Handling Services Limited, a subsidiary of SIFAX Group, has attributed its operational rebound in 2025 to a deliberate strategic decision to refocus its business on general cargo and break-bulk handling.The improved performance followed a major...

February 9, 2026 No Responses

FG Commends NIMASA DG, NPA MD, Others Over Nigeria’s Election Into IMO Council

The Federal Government has commended the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dayo Mobereola, the Managing Director of the Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho, and other key maritime stakehold...

February 9, 2026 No Responses

Augustine University Receives NUC Team For Nursing Science Accreditation

Augustine University, Ilara-Epe, Lagos State, on Monday, 9th February, 2026, received a team from the National Universities Commission (NUC) for the accreditation of its Nursing Science Programme.The NUC accreditation team was led by Professor Emmanuel Anyebe,...

February 9, 2026 No Responses

BoI Gets CBN Approval To Launch Non-Interest Banking Window

The Bank of Industry (BoI) has secured regulatory approval from the Central Bank of Nigeria (CBN) to operate a Non-Interest Banking (NIB) Window.Announcing the milestone on Sunday in a statement, Managing Director, BoI, Dr Olasupo Olusi, said the development m...

February 9, 2026 No Responses

Apomu Day Celebrates Centuries Of History, Culture, Unity

Apomu, the headquarters of Isokan Local Government Area of Osun State, once again came alive with colour, culture and celebration as indigenes and friends gathered to mark the annual Apomu Day celebration.Founded in the 16th century, Apomu holds a distinguishe...

February 9, 2026 No Responses

Dangote Cement Reaffirms Commitment To Africa’s Cement Self-Sufficiency

Dangote Cement Plc has reaffirmed its commitment to making Africa fully self‑sufficient in cement production, strengthening the continent’s industrial backbone and reducing reliance on imported construction materials.Speaking during a strategic briefing on...

February 9, 2026 No Responses

2027 Poll: Different Strokes For Atiku, Kwankwaso, Children

By Ehichioya Ezomon From happenings in the Kano polity these past weeks, Nigerians could imagine how former Kano State Governor, ex-Minister of Defence and 2023 presidential candidate of New Nigeria Peoples Party (NNPP), Dr Rabiu Musa Kwankwaso, would react if...

February 8, 2026 No Responses

PEBEC, NPA Conclude Stakeholder Engagement On 7-Day Cargo Dwell Time

The Presidential Enabling Business Environment Council (PEBEC), in collaboration with the Nigerian Ports Authority (NPA), has concluded a three-day high-level stakeholder engagement in Lagos aimed at streamlining port operations and enhancing the ease of doing...

February 8, 2026 No Responses

Versat Automobile Rolls Out C&C Heavy-Duty Trucks In Nigeria

Versat Automobile Limited has Joined ongoing competition in the Nigerian auto market with a pledge to deliver reliable, durable solutions tailored to Nigeria’s operating environment.Established in 2024, Versat Automobile Ltd. said its market entry is anchore...