News – Page 4 – City Business News

April 16, 2026 No Responses

Dantsoho: Oyetola, Reforms Spur Maritime Growth

The Managing Director and Chief Executive Officer of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has attributed the transformation of the nation’s maritime sector to the impact of the Minister of Marine and Blue Economy, Dr Adegboyega Oyetola and...

April 16, 2026 No Responses

Photo News

The President/Chief Executive of Dangote Industries Limited, Aliko Dangote (right) presenting a souvenir to the President of World Bank Group, Mr. Ajay Banga during a meeting in his office on Thursday at the side of the IMF/WBG Spring Meetings in...

April 16, 2026 No Responses

NLNG Disburses ₦250m Grants At 2026 VIBES Pitch-A-Thon Finale

NLNG has disbursed ₦250 million in grants to 51 entrepreneurs following the conclusion of its 2026 Vocational Innovation and Business Empowerment Scheme (VIBES), which commenced with the induction of 103 participants from its host communities in Rivers State...

April 16, 2026 No Responses

Kalu Takes Charge Of FRSC In Akwa Ibom, Harps On Integrity

The newly posted Federal Road Safety Corps (FRSC) Sector Commander in Akwa Ibom State, Felicia Kalu, has officially assumed duty, beginning her tenure with an inaugural parade aimed at reinforcing integrity, professionalism, and transparency within the command...

April 15, 2026 No Responses

Pressure Mounts On World Bank To Halt Factory Farming Funding

By Moses Ebosele, ebosele@hotmail.com More than 30 civil society organisations have urged the World Bank Group to halt financing for industrial livestock production and redirect investments toward sustainable, small-scale food systems that safeguard people, an...

April 15, 2026 No Responses

NIMASA DG Harps On Professionalism As 34 NSDP Cadets Obtain CoC

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dayo Mobereola, has spotlighted the success of 34 cadets from the Nigerian Seafarers Development Programme (NSDP) who have now obtained their Certificates of Competency (C...

April 15, 2026 No Responses

NGX, BOI Deepen SME Financing Drive In Kano

Nigerian Exchange Limited (NGX) and Bank of Industry (BOI) have reinforced efforts to integrate small and medium-sized enterprises (SMEs) into Nigeria’s formal capital market, taking their financing advocacy to Kano as part of a broader national engagement d...

April 15, 2026 No Responses

Guinness Nigeria Surpasses ₦1trn Market Capitalisation

Guinness Nigeria Plc has crossed the ₦1 trillion market capitalisation threshold on the Nigerian Exchange (NGX), marking a significant milestone that reflects strong investor confidence and sustained value creation.As of April 10, 2026, the company’s marke...

April 14, 2026 No Responses

Shippers’ Council Meets Stakeholders, Insists On Engagement Before Tariff Rollout

The Nigerian Shippers’ Council (NSC) on Tuesday convened a meeting with shipping companies, freight forwarders, importers, and exporters, emphasizing the need for broad stakeholder engagement before implementing the proposed tariff increase.Speaking at a one...

April 14, 2026 No Responses

SEC Freezes Assets Of 13 Terror-Linked Individuals, Entities

The Securities and Exchange Commission (SEC) has directed an immediate freeze on the assets of 13 newly identified entities linked to terrorism financing within Nigeria’s capital market.The directive, titled “Commission’s Sweeping Compliance Directive Is...

April 14, 2026 No Responses

Coscharis Motors Partners Asia Star On EV Drive

By Moses Ebosele, ebosele@hotmail.com – Foremost Nigerian auto firm, Coscharis Motors has strengthened its collaboration with Chinese electric vehicle manufacturer, Asia Star as both companies intensify efforts to deliver cleaner and more sustainable mob...

April 14, 2026 No Responses

Expert Urges FG to Suspend National Single Window Over Port Disruptions

Former Acting National President of the Association of Nigerian Licensed Customs Agents, Kayode Farinto, has called on the Federal Government (FG) to urgently suspend the newly introduced National Single Window system, warning that its implementation has sever...

April 13, 2026 No Responses

Single Window Failures Stall Cargo Flow; Port Gridlock Looms

Operational disruptions linked to persistent glitches in the National Single Window (NSW) platform are slowing cargo clearance across Nigeria’s seaports, with industry stakeholders warning of an imminent congestion crisis if urgent fixes are not implemented....

April 13, 2026 No Responses

Renaissance MD Predicts Operators’ Merger

Managing Director of Renaissance Africa Energy Company Limited, Engr. Tony Attah has predicted that many indigenous oil and gas operators in Nigeria will within the next decade consolidate strategically and form consortiums to take advantage of emerging opport...