News – Page 52 – City Business News

January 5, 2026 No Responses

NGX Market Capitalisation Attains ₦100 Trillion Milestone

Nigerian Exchange (NGX) opened the year on a strong footing, with equities market capitalisation crossing the ₦100 trillion mark, buoyed by renewed investor demand and broad-based gains across listed stocks.Market data showed that equities market capitalisation rose from ₦99.94 trillion...

January 5, 2026 No Responses

Oborevwori Pays Condolence Visit To Nwaoboshi, Nuel Ojei Families

Delta State Governor, Rt. Hon. Sheriff Oborevwori, has described the deaths of former Senator and political leader, Senator Peter Nwaoboshi, and elder statesman, industrialist and community leader, Chief Emmanuel Nuel Ojei, as painful losses that have created ...

January 5, 2026 No Responses

Tinubu Appoints Board Members For NMDPRA, NUPRC

President Bola Ahmed Tinubu has written two letters to the Senate, seeking confirmation of 21 nominees for the boards of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NU...

January 5, 2026 No Responses

Hadiza Kuta Backs Journalists’ Award For Ex-NIWA MD, Oyebamiji

The Niger State Commissioner for Women Affairs, Hajiya Hadiza Idris Kuta, has thrown her weight behind the planned visit and award presentation to the immediate past Managing Director of the National Inland Waterways Authority (NIWA) and Osun State APC governo...

January 5, 2026 No Responses

NDDC Reaffirms Commitment To Complete Okochiri Reclamation, Nonwa–Uedeme–Ogu Road Projects

By ebosele@hotmail.com. – The Niger Delta Development Commission (NDDC) has reaffirmed its commitment to completing the sand-filling and reclamation project in Okochiri, Okrika Local Government Area, as well as the 4.5-kilometre Nonwa–Uedeme–Ogu Road...

January 5, 2026 No Responses

Diaz Sends Morocco To AFCON Quarter-Finals

Real Madrid forward, Brahim Diaz maintained his goal-a-game record at the Africa Cup of Nations by scoring to take Morocco into the quarter-finals with a 1-0 victory over Tanzania in Rabat on Sunday.Diaz scored once in each of three group...

January 4, 2026 No Responses

A Defining Moment For Nigeria: Why Staying The Course Matters

By Mohammed Idris, fnipr As we enter a new year, the questions that fill our markets, our homes, and our places of work are clear and urgent. They are questions about the price of food, about security in our communities,...

January 4, 2026 No Responses

CIG Motors: I Resigned, Not Sacked, Says Arogundade

By ebosele@hotmail.com Former Executive Director of CIG Motors, Mr. Jubril Arogundade, has dismissed as false and misleading publications circulating on blogs and social media which he said were presented as a “public statement” by the company concerning h...

January 4, 2026 No Responses

Resident Doctors To Resume Strike January 12

THE Nigerian Association of Resident Doctors (NARD) has announced plans to resume its Total Industrial and Clinical Services (TICS) 2.0 nationwide from January 12, 2026, following the outcome of its Emergency National Executive Council (E-NEC) meeting held on ...

January 4, 2026 No Responses

CIG Motors Petitions EFCC, Sacks Executive Director

The management of CIG Motors has petitioned the Economic and Financial Crimes Commission (EFCC) to investigate alleged financial impropriety within the company, leading to the alleged termination of its Executive Director, Mr. Jubril Arogundade. The company sa...

January 3, 2026 No Responses

NCAA Urges Renewed Commitment To Aviation Safety

By ebosele@hotmail.com. – The Director-General, Nigeria Civil Aviation Authority (NCAA), Capt. Chris Najomo, has announced the approval of NCAA Staff Conditions of Service (CoS), urging staff to reciprocate the gesture with renewed dedication to duty to ...

January 3, 2026 No Responses

FirstBank Hosts Nigeria Economic Outlook 2026

By ebosele@hotmail.com. – FirstBank has concluded plans to host Nigeria Economic Outlook 2026 on Tuesday, 6 January 2025.City Business News reports that the theme of the session is “The Great Calibration: Mastering Resilience in an Era of Asynchronous ...

January 2, 2026 No Responses

Customs, NDLEA Intercept 30kg Cocaine On Foreign Vessel At Apapa Port

Operatives of the Nigeria Customs Service (NCS), Apapa Area Command, working in synergy with the National Drug Law Enforcement Agency (NDLEA), have intercepted 30 slabs of cocaine weighing 30.1 kilograms aboard a foreign vessel at the Apapa Port, Lagos.A state...

January 2, 2026 No Responses

2026: SEC To Prioritise Mobilisation Of Long Term Funds, Others

The Securities and Exchange Commission (SEC) has said that it is prioritizing the mobilisation of long-term capital to bridge Nigeria’s infrastructure and sectoral gaps while also streamlining regulatory frameworks and aggressively facilitating the issuance ...