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Friday, 12 June 2026

City Business News

Nigeria Business News

Jun
2026 12 NADDC Automotive Training Centre Graduates 100 Youths In Zamfara

Jun
2026 12 Zenith Bank Takes Centre Stage At Toyota Awards Night

Jun
2026 12 Mexico Triumph 2-0 Over South Africa In Red-Card-Filled Opener

Jun
2026 11 LCCI Signs Strategic Partnership With CWEIC

Jun
2026 11 Customs Intensifies Crackdown On Vegetable Oil Smuggling

Aviation

FAAN Reaffirms Commitment To Green Airports

Auto

NADDC Automotive Training Centre Graduates 100 Youths In Zamfara

Metro

EFCC Arraigns Husband, Wife For N1bn Fraud

Sports

Mexico Triumph 2-0 Over South Africa In Red-Card-Filled Opener

NADDC Automotive Training Centre Graduates 100 Youths In...

The Federal Government on Thursday commissioned the National Automotive Design and Development Council (NADDC) Automotive Training Centre (ATC) in Gusau, Zamfara State, and...

Zenith Bank Takes Centre Stage At Toyota Awards...

Zenith Bank Plc has emerged as one of the major winners at the 2026 Toyota Awards and Customers’ Night, clinching the prestigious Evergreen...

Mexico Triumph 2-0 Over South Africa In Red-Card-Filled...

The FIFA World Cup 2026 kicked off with goals, drama, and controversy as host nation Mexico defeated South Africa 2-0 in a fiery...

June 12, 2026 No Responses

Zenith Bank Takes Centre Stage At Toyota Awards Night

Zenith Bank Plc has emerged as one of the major winners at the 2026 Toyota Awards and Customers’ Night, clinching the prestigious Evergreen Customer of the Year Award in recognition of its position as Toyota (Nigeria) ...

June 11, 2026 No Responses

LCCI Signs Strategic Partnership With CWEIC

The Lagos Chamber of Commerce and Industry (LCCI) has signed a Memorandum of Understanding (MoU) with the Commonwealth Enterprise and Investment Council (CWEIC) on the sidelines of the Invest Lagos 3.0.According to LCCI,...

June 11, 2026 No Responses

Standard Bank Group Backs Dangote IPO listing, Expansion Drive

Standard Bank Group, has reaffirmed its commitment to support the growth of Dangote Industries Limited, pledging backing for the planned listing of the Dangote Petroleum Refinery while expressing readiness to finance fut...

June 10, 2026 No Responses

Shippers’ Council Harps On Green Ports For Sustainable Maritime Growth

The Executive Secretary of the Nigerian Shippers’ Council (NSC), Dr. Pius Akutah, has stressed the need for Nigeria to prioritise green port initiatives and sustainable maritime practices to remain competitive in the e...

June 10, 2026 No Responses

LCCI Advocates Stronger Africa-Europe Trade Ties

By ebosele@hotmail.com – The President of the Lagos Chamber of Commerce and Industry (LCCI), Leye Kupoluyi, has highlighted the growing influence of emerging economies in shaping global trade and investment, callin...

June 11, 2026 No Responses

United Capital Secures Investment Banking Licences In Ethiopia, Rwanda

By ebosele@hotmail.com – Leading pan-African investment banking and financial services group, United Capital Plc, has recorded a major milestone in its continental expansion drive following the acquisition of inves...

June 2, 2026 No Responses

CBN Unveils Nigeria Payments Systems Vision 2028, Targets 95% Financial...

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has unveiled the Nigeria Payments Systems Vision (PSV) 2028, a comprehensive roadmap aimed at deepening payment infrastructure, expanding financial ...

May 15, 2026 No Responses

Again, SEC Warns Against Social Media Ponzi Scheme

The Securities and Exchange Commission (SEC) has warned Nigerians against investing in illegal online investment schemes being promoted across social media platforms, saying many of them exhibit characteristics of Ponzi ...

May 14, 2026 No Responses

Stock Market Investors Exchange N109.4b Shares On NGX

Investors on the Nigerian Exchange on Wednesday transacted 1.683 billion shares worth N109.438 billion in 76,557 transactions.This is compared with the previous session’s 2.027 billion shares valued at N87.709 billion ...

May 12, 2026 No Responses

Nigerian Equities Market Surpasses N160trn As Investors Gain N3.16trillion

The Nigerian equities market extended its bullish run on Monday, with market capitalisation crossing the N160 trillion mark as investors gained a combined N3.162 trillion.Market capitalisation rose by 2.01 per cent, clim...

June 10, 2026 No Responses

Shippers’ Council Harps On Green Ports For Sustainable Maritime Growth

June 8, 2026 No Responses

Afolabi, SIFAX Boss Seeks Inclusive Shift To Green Port Operations

By Moses Ebosele,ebosele@hotmail.com The Group Executive Chairman of SIFAX Group, Dr. Taiwo Afolabi, CON, has called for deliberate investment in skills development, workers’ welfare and inclusive dialogue to ensur...

June 6, 2026 No Responses

TTP Harps On Traffic-Free Port Corridors For Cleaner Environment

Trucks Transit Parks Limited (TTP) has stressed the importance of reducing traffic congestion around Nigeria’s seaports as a key component of sustainable shipping operations, saying efficient truck management contribut...

June 6, 2026 No Responses

NPA, UK Strengthen Maritime Partnership On Hydrography, Port Modernisation

By Moses Ebosele, ebosele@hotmail.com The Nigerian Ports Authority (NPA) and the United Kingdom have reaffirmed their commitment to deepening maritime cooperation, with a renewed focus on hydrography, navigational safety...

June 6, 2026 No Responses

FG Insists On Dockworkers’ Welfare As Nigeria Pursues Green Port...

The Federal Government (FG) of Nigeria has reaffirmed its commitment to protecting the welfare, safety and dignity of dockworkers, warning employers in the maritime sector against neglecting labour standards as Nigeria a...

June 12, 2026 No Responses

NADDC Automotive Training Centre Graduates 100 Youths In Zamfara

The Federal Government on Thursday commissioned the National Automotive Design and Development Council (NADDC) Automotive Training Centre (ATC) in Gusau, Zamfara State, and graduated 100 youths on Specialized Mechatronic...

June 12, 2026 No Responses

Zenith Bank Takes Centre Stage At Toyota Awards Night

June 10, 2026 No Responses

NADDC, NTDA To Boost Tourism With Indigenous Vehicles

The National Automotive Design and Development Council (NADDC) and the Nigerian Tourism Development Authority (NTDA) have initiated discussions on a strategic partnership aimed at improving tourism mobility , promoting l...

June 9, 2026 No Responses

Toyota Motor Show Drives Youth Engagement In Mobility Innovation

Toyota Nigeria Limited (TNL):turned the spotlight on the next generation of tech leaders and automotive enthusiasts at the 2026 Toyota Motor Show. Held at The Podium in Lekki, Lagos, the four-day exhibition dedicated its...

June 9, 2026 No Responses

Carloha Boosts 2026 Okpekpe Race Experience Through Innovation, Fan Engagement

Carloha Nigeria, the authorised dealer of Chery vehicles in Nigeria, added excitement and innovation to the 2026 Okpekpe International Road Race, reinforcing its commitment to sports development, healthy living, and comm...

June 7, 2026 No Responses

NUPRC Advocates Sustainable Practices To Protect Environment

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed its commitment to environmental sustainability and responsible energy regulation as it joined the global community in commemorating the 2026 Wo...

June 6, 2026 No Responses

NBS, NUPRC Strengthen Collaboration

The National Bureau of Statistics has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for making oil and gas data available and transparent.The Statistician-General of the Federation, Prince Semiu...

June 5, 2026 No Responses

NUPRC Seeks Financing For Oil, Gas Operators

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called on financial institutions to support operators in expanding domestic gas production.The Commission Chief Executive, NUPRC, Mrs. Oritsemeyiwa Eyesan...

June 5, 2026 No Responses

Dangote Refinery Ramps Up To 700,000 Barrels Per Day

Dangote Petroleum Refinery & Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd) in a performance test conducted by the Process Licensors, marking a significant milestone i...

June 4, 2026 No Responses

Meren Energy Eyes Fresh Investments As NUPRC Unveils 2026 Licensing...

By ebosele@hotmail.com The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the 2026 Licensing Round will commence no later than the third quarter of 2026 following the approval of the Ministe...

May 21, 2026 No Responses

Photo News

ABC Transport Group founder, Mr. Frank Nneji (right), presents certificates to participants at the just-concluded Forland and TSS Motors specialised truck training for the technical team in Lagos

May 19, 2026 No Responses

Photo News

L-R: Chairman of Dangote Group, Alhaji Aliko Dangote; Managing Director, Nigerian Ports Authority and President of the Port Management Association of West and Central Africa (PMAWCA), Dr. Abubakar Dantsoho; Permanent Sec...

May 11, 2026 No Responses

Photo News

At the inauguration of the ABC Group Historic & Archive Centre in Owerri which coincided with the birthday of the founder, Mr. Frank Nneji, OON (extreme right). Others are (from Rev. Fr Emma Ehioma; Hon Princewill Ug...

May 9, 2026 No Responses

Photo News

L – R : Emma Ugwuja, Finance Controller, Coscharis Group; Jan Lembke, Importer Finance, BMW Group; Fred Amobi, Deputy Group Managing Director, Coscharis Group; Werner Warnke, Head of Importer Finance, BMW Group; Da...

May 6, 2026 No Responses

Photo News

The Managing Director / CEO, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, on Tuesday, received the Governor of Borno State, Professor Babagana Zulum at the NPA Headquarters in Marina, Lagos.

Tinubu Inaugurates ThreeNaval Vessels

PRESIDENT Bola Tinubu on Monday reaffirmed his administration’s commitment to strengthening the Nigerian Navy through sustained recapitalisation and support for indigenous shipbuilding.Tinubu who...

REPOSITIONING FRSC FOR A SAFER NIGERIA: The Shehu...

By Osondu Ohaeri The Federal Road Safety Corps (FRSC) is undergoing one of the most strategic institutional transformations in its history.At the centre...

Eid-el-Kabir: LASTMA Harps On Safe Driving, Traffic Discipline

THE General Manager, Lagos State Traffic Management Authority, LASTMA, Mr Olalekan Bakare-Oki, has felicitated Muslims as they prepare to celebrate Eid-el-Kabir.The general manager...

May 18, 2026 No Responses

Dangote Reaffirms Commitment To Africa’s Food Security Through Fertiliser Investments

President of the Dangote Group, Aliko Dangote, has reaffirmed his commitment to boosting food security across Africa through large-scale fertiliser investments, declaring that the continent has the capacity to ...

April 20, 2026 No Responses

BoI, RMRDC Seal Pact To Boost Agriculture, Grow GDP

Bank of Industry (BoI) and the Raw Materials Research and Development Council (RMRDC) have sealed a strategic partnership agreement to strengthen Nigeria’s agricultural value-chain and boost country’s Gross...

April 17, 2026 No Responses

Okomu CSR: PIND, Edo Agencies Partner On Youth Skills Development

In a move to empower young people in host communities of Okomu Oil Palm Company Plc, the Foundation for Partnership Initiatives in the Niger Delta has signed partnership agreements with the Edo State Board for ...

May 30, 2026 No Responses

Ikeja Electric Marks Children’s Day With Safety Education, Learning Support...

Ikeja Electric Plc (IE) has celebrated this year’s Children’s Day by carrying out an educational outreach programme in selected public primary schools within its franchise area, combining electricity safety...

May 21, 2026 No Responses

TINUBU APPOINTS PROF SEGUN AINA AS NEW JAMB REGISTRAR

President Bola Ahmed Tinubu has appointed Professor Segun Aina as the new Registrar of the Joint Admissions and Matriculation Board (JAMB), succeeding Professor Is-haq Oloyede, whose two-term tenure expires on ...

May 5, 2026 No Responses

Owotuga Foundation Channels N204m Into Education, Donates Hostel

To honour the enduring legacy of the Late Most Supreme Apostle Matthew Omodayo Owotuga, the foundation established in his name has announced the successful disbursement of N204 million toward community developm...