News – Page 23 – City Business News

March 17, 2026 No Responses

NDLEA Arraigns Vessel, Ten Filipinos

The National Drug Law Enforcement Agency (NDLEA), on Monday, arraigned the vessel MV Nord Bosporus and 10 Filipino nationals before the Federal High Court in Lagos for alleged conspiracy and unlawful importation of 20 kilogrammes of cocaine into Nigeria.The defendants...

March 17, 2026 No Responses

EFCC Seeks Strong Whistleblower Legislation

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede, has called on the National Assembly to implement enabling laws that will protect whistleblowers in the fight against corruption and enhance institutional transpare...

March 16, 2026 No Responses

Tinubu Swears In Taiwo Oyedele As Minister Of State For Finance

President Bola Tinubu on Monday swore in Mr. Taiwo Oyedele, the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, as Minister of State for Finance, extolling his determination and dedication to duty.President Tinubu, who spoke after the....

March 16, 2026 No Responses

NCAA, NSIB Unveil SMS Pro System To Strengthen Aviation Safety

The Nigeria Civil Aviation Authority (NCAA), in collaboration with the Nigerian Safety Investigation Bureau (NSIB), has inaugurated the Safety Management System (SMS) Pro system to enhance aviation safety oversight in Nigeria.The platform, a centralized safety...

March 16, 2026 No Responses

NLNG Inducts New VIBES Beneficiaries

Nigeria LNG Limited (NLNG) has inducted 103 new trainees into its 2026 Vocational Innovation Business and Empowerment Scheme (VIBES), reinforcing its commitment to skills development and sustainable economic empowerment in its host communities.The induction ce...

March 16, 2026 No Responses

Apapa Customs Intercepts ₦3.39b Codeine Syrup

Barely five days after the Comptroller-General of Customs, Bashir Adewale Adeniyi, visited the Apapa Port and declared that the port would no longer serve as a playground for smugglers and criminal syndicates hiding behind legitimate trade documentation, offic...

March 16, 2026 No Responses

Nigeria’s Stock Market Crosses 200,000 Points, Market Cap Hits ₦129.33trn

Nigeria’s equities market reached a historic milestone on Monday as the Nigerian Exchange Limited All-Share Index (ASI) crossed the 200,000-point mark, buoyed by strong investor demand and gains across major sectors of the market.The benchmark index climbed ...

March 16, 2026 No Responses

FRSC Returns ₦3.7m Recovered From Crash Scene

Operatives of the Federal Road Safety Corps (FRSC) attached to the Zaria Unit Command have recovered and safely returned the sum of ₦3,727,500 in cash alongside other valuables worth about ₦500,000 from the scene of a fatal road crash, reaffirming...

March 16, 2026 No Responses

NGX Group CEO:Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation

The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group Plc, Temi Popoola, has said Nigeria’s ongoing economic reforms are already strengthening domestic capital formation and positioning the country for deeper global investment partne...

March 16, 2026 No Responses

SERAP Urges Tinubu To Probe Alleged ₦5.9bn Spent On NNPCL Rebranding

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu “to urgently direct the Attorney General of the Federation and Minister of Justice Mr Lateef Fagbemi, SAN, and appropriate anti-corruption agencies to promptly inves...

March 16, 2026 No Responses

Customs Probes Osogbo Incident, Mourns Loss Of Life

The Nigeria Customs Service (NCS), Oyo/Osun Area Command has expressed sadness over an incident captured in a viral video circulating on social media and a related statement issued by the Osun State Police Command concerning an event reported to have...

March 16, 2026 No Responses

SCAN Urges Adequate Structures Ahead Of National Single Window Rollout

As Nigeria prepares for the planned rollout of the National Single Window (NSW) on March 27, 2026, the Shipping Correspondents Association of Nigeria (SCAN) has called on the Federal Government and all relevant stakeholders to ensure that all necessary structu...

March 15, 2026 No Responses

NAJA Seeks Sustained Crude Oil Supply To Local Refineries

The Nigeria Auto Journalists Association (NAJA) has called on President Bola Ahmed Tinubu to prioritise the direct supply of crude oil to domestic refineries, particularly the Dangote Refinery, as part of urgent measures to mitigate the rising cost of petrol.....

March 15, 2026 No Responses

CIBN Inducts 2,020 New Chartered Bankers

THE Chartered Institute of Bankers of Nigeria (CIBN) on Saturday inducted 2,020 professionals as chartered bankers, urging them to leverage Artificial Intelligence (AI) to drive innovation and strengthen Nigeria’s financial system.Speaking at the ceremony in...