News – Page 4 – City Business News

March 7, 2026 No Responses

EFCC Hands Over Recovered N279m To Wole Soyinka Centre

The Economic and Financial Crimes Commission, EFCC, has handed over the sum of N279 million (Two Hundred and Seventy-nine Million ) to the Wole Soyinka Centre for Culture and the Creative Arts, formerly known as the National Theatre, Lagos, as...

March 7, 2026 No Responses

NAHCO’s Group Executive Director Bags Award

In recognition of his global peace-building efforts, NAHCO’s Group Executive Director, Commercial and Business Development, Prince Saheed Lasisi, has been awarded an International Eminent Peace Ambassador by the International Association of World Peace A...

March 6, 2026 No Responses

TINUBU INAUGURATES COMMITTEE ON GRID ASSET MANAGEMENT COMPANY

President Bola Tinubu on Friday constituted an 11-member committee to ensure the smooth sailing incorporation of the Grid Asset Management Company Limited (GAMCO).The committee’s constitution followed the Federal Executive Council’s approval of the...

March 6, 2026 No Responses

TINUBU APPROVES POSTINGS OF AMBASSADORS

President Bola Ahmed Tinubu has approved the postings of 31 career and 34 non-career ambassadors to various countries and the United Nations.The Senate confirmed the ambassadors-designate last December. POSTINGS OF NON-CAREER AMBASSADORS / HIGH COMMISSIONERS S...

March 6, 2026 No Responses

Shippers’ Council Board Harps On Collaboration, Discipline

The Chairman of the Governing Board of the Nigerian Shippers’ Council, Ibrahim Shema, has emphasized the need for stronger collaboration, innovation and institutional discipline within the Council as it positions itself to drive growth in Nigeria’s maritim...

March 6, 2026 No Responses

CAC, BPP Strengthen Partnership

The Corporate Affairs Commission (CAC) and the Bureau of Public Procurement (BPP) have resolved to deepen collaboration to support the Federal Government’s drive toward building a trillion-dollar economy.The decision was reached on Thursday during a courtesy...

March 6, 2026 No Responses

Oyo/Osun Customs Strengthens Stakeholder Ties With BATN, Alaafin

The Nigeria Customs Service (NCS) has reaffirmed its commitment to strengthening collaboration with key stakeholders to enhance revenue generation and facilitate legitimate trade.As part of this effort, the Acting Customs Area Controller of the Oyo/Osun Area C...

March 6, 2026 No Responses

Nigerian Stocks Rebound, Investors Gain N220b

The Nigerian equities market on Thursday rebounded from a one-day slump, adding about N220 billion to investors’ portfolios as buying interest returned to several stocks across key sectors.Market data showed that the market capitalisation rose by 0.18 per ce...

March 6, 2026 No Responses

Indian Firms Commit $27b Investments In Nigeria

High Commissioner of India, Amb. Abhishek Singh,on Thursday estimated that Indian firms have cumulatively invested around $27 billion in Nigeria.These companies, he said, are active in sectors including pharmaceuticals, power, transmission, manufacturing, hosp...

March 6, 2026 No Responses

CAS In Port Harcourt, Reiterates Protection For Oil, Gas Assets

The Chief of the Air Staff (CAS), Air Marshal Sunday Kelvin Aneke, on Thursday, undertook a strategic operational visit to the Nigerian Air Force (NAF) Base, Port Harcourt, Rivers State, where he commissioned key infrastructure projects, inspected critical ope...

March 5, 2026 No Responses

Shippers’ Council Urges Dialogue Between Shipping Firms, Clearing Agents Over Tariff Hike Dispute

The Executive Secretary of the Nigerian Shippers’ Council (NSC), Pius Akutah, has called on foreign shipping companies and clearing agents to engage in constructive dialogue to resolve the ongoing dispute over increased charges and tariffs at Nigeria’s...

March 5, 2026 No Responses

Tinubu Announces Resolution of OPL 245 Dispute

President Bola Ahmed Tinubu has announced the successful conclusion of a historic settlement between the Federal Government of Nigeria, Eni, and Nigerian Agip Exploration Limited (NAEL), bringing an end to the long-standing dispute over Oil Prospecting Licence...

March 5, 2026 No Responses

Customs Operation Whirlwind Impounds 14,375 Litres Of PMS

Operation Whirlwind of the Nigeria Customs Service (NCS) has intercepted 14,375 litres of Premium Motor Spirit (PMS) and dismantled a coordinated network involved in the illegal exportation of petroleum products to neighbouring CameroonThe National Coordinator...

March 5, 2026 No Responses

COWA Expands Green Barracks Campaign

The Customs Officers’ Wives Association (COWA) has reinforced its commitment to environmental sustainability with the expansion of its Green Barracks Campaign, an initiative aimed at promoting cleaner and more sustainable barracks communities.The initiative ...