News – Page 5 – City Business News

March 26, 2026 No Responses

MWUN Petitions Minister, Seeks Urgent Reinstatement Of Tally Clerks, Gangway Security At Nigerian Ports

The Maritime Workers’ Union of Nigeria (MWUN) has called on the Federal Government to urgently intervene to restore the engagement of tally clerks and on-board gangway security men across the nation’s ports and jetties, warning that their continued absence poses...

March 25, 2026 No Responses

Court Grants Final Forfeiture Of $13m Linked To Achimugu’s Firm

Justice Emeka Nwite of the Federal High Court in Abuja, on Wednesday, March 25, 2026 granted an order of final forfeiture of the sum of $13 million linked to a business woman, Ms Aisha Achimugu and her Oceangate Engineering Oil...

March 25, 2026 No Responses

Nigeria Customs, AfCFTA Advance Simplified Trade Regime

The Nigeria Customs Service (NCS) has strengthened efforts to promote inclusive trade and support small-scale businesses through a strategic engagement with a delegation from the African Continental Free Trade Area Secretariat.The meeting, held on March 23, 20...

March 25, 2026 No Responses

EFCC, CBN Strengthen Collaboration

The Economic and Financial Crimes Commission, EFCC, has called for enhanced collaboration and operational support with the Central Bank of Nigeria, CBN in Enugu State.The call, made by the Zonal Director, Enugu Zonal Directorate of the EFCC, Commander of the.....

March 25, 2026 No Responses

NCAA REAFFIRMS COMMITMENT TO AVIATION SECURITY

The Nigeria Civil Aviation Authority (NCAA) has reaffirmed its commitment to aviation security as officers of the 176 Presidential Guards Battalion, Nigerian Army, led by Commanding Officer Lt. Colonel Oladimeji Ajongbo, paid a courtesy visit to the Authority&...

March 25, 2026 No Responses

Maritime Workers Urge Navy, Marine Police To Curb Rising Vessel Attacks

The President General, Maritime Workers Union of Nigeria (MWUN), Comrade Francis Bunu, has accused security agencies operating in the nation’s ports of dereliction of duty following a rise in attacks on vessels while at berth.Bunu specifically blamed the Nig...

March 24, 2026 No Responses

SEC Nigeria DG, Agama Re-Elected AMERC Vice Chair

The Securities and Exchange Commission Nigeria (SEC Nigeria) has announced the re-election of its Director-General, Emomotimi Agama, as Vice Chair of the Africa/Middle-East Regional Committee (AMERC) of the International Organization of Securities Commissions ...

March 24, 2026 No Responses

Jetour T2 PHEV Redefines Nigeria’s SUV Market With Hybrid Innovation

Jetour is raising the bar in Nigeria’s Sports Utility Vehicle (SUV) segment with the introduction of the T2 Plug-in Hybrid Electric Vehicle (PHEV), a model that combines rugged off-road capability with advanced electrification technology.Designed for motoris...

March 24, 2026 No Responses

Ayobo-Ipaja LCDA Gets New Supervisors, Special Advisers

The Executive Chairman of Ayobo-Ipaja Local Council Development Area, Dr Lukman Abiodun Agbaje, has announced the appointment of Supervisors and Special Advisers as part of efforts to strengthen governance and improve service delivery within the council.The an...

March 24, 2026 No Responses

Stock Market Sheds N1.38trn Amid Profit-Taking Pressure

The Nigerian equities market opened the week on a negative note on Monday, as market capitalisation dropped significantly by N1.375 trillion, or 1.07 per cent.The downturn was primarily driven by losses in key stocks, including Consolidated Hallmark Holdings, ...

March 24, 2026 No Responses

Momentum Builds For Haske At Adamawa APC Reception

The grand reception of Governor Ahmadu Umaru Fintiri of Adamawa State into the All Progressives Congress (APC) fold on Monday turned out to be a major event that further built momentum around one of the governorship aspirants in the forthcoming...

March 23, 2026 No Responses

Kestin Pondi Business Grant Disburses ₦300m To 30 Additional Beneficiaries.

By ebosele@hotmail.com Thirty additional beneficiaries of the Kestin Pondi Business Grant 2.0 have each received ₦10 million, completing the disbursement of an extra ₦300 million promised by High Chief Tare Godfrey Pondi, Engr. Michael Ifeanyi Anoka, and C...

March 23, 2026 No Responses

Shippers’ Council Orders MSC To Suspend New Tariff

The Nigerian Shippers’ Council (NSC) has directed Mediterranean Shipping Company (MSC) to immediately suspend the implementation of its newly introduced shipping tariff, as concerns mount across Nigeria’s maritime sector over the proposed charges.In a lett...

March 23, 2026 No Responses

NPA Boss To Headline Female Talent Initiative In Maritime Industry

The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, is set to headline the Female Talent Pool Initiative — a strategic programme aimed at identifying, attracting, nurturing, and empowering women across Nigeria’s maritime sec...