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Top City Business News News

Nigeria: EFCC Arraigns 'Ponzi Scheme Director' for Allegedly Defrauding Over 3,000 Investors
Business · Port Harcourt

Nigeria: EFCC Arraigns 'Ponzi Scheme Director' for Allegedly Defrauding Over 3,000 Investors

60% Left coverage: 5 sources
The Economic and Financial Crimes Commission (EFCC) has arraigned Precious Williams, Director of Glossolalia Nigeria Ltd and Pelegend Nigeria Ltd, for allegedly defrauding over 3,000 investors to the tune of N13.8 billion.See the Story
Nigeria: EFCC Arraigns Medical Doctor for N39 Million Visa Fraud
Business · Port Harcourt

Nigeria: EFCC Arraigns Medical Doctor for N39 Million Visa Fraud

67% Center coverage: 3 sources
The medical doctor and his firm were charged with one count of obtaining by false pretence.See the Story
Nigeria Backs $400m Project to Build Africa’s Largest Rare Earth Processing Plant in Nasarawa
Africa · Nasarawa

Nigeria Backs $400m Project to Build Africa’s Largest Rare Earth Processing Plant in Nasarawa

100% Center coverage: 2 sources
The Federal Government has thrown its full weight behind a $400 million investment aimed at establishing Africa’s largest rare earth and critical minerals processing plant in Nasarawa State, an undertaking expected to significantly bolster Nigeria’s mining sector and advance industrial development. The project, led by Hasetins Commodities Limited, represents a pivotal milestone in Nigeria’s ambition to add value to its natural resources through …See the Story

NUJ @70: Tinubu Underscores Media Influence in Actualising June 12 Struggles

100% Center coverage: 1 sources
President Bola Tinubu has underscored the role of the journalism profession in actualising the June 12 struggles, which culminated in the current democratic dispensation in Nigeria. Tinubu said these collective struggles largely informs his affinity with the media which remains unblemished till date. Tinubu spoke through the Minister of Information and National Orientation, Mohamned Idris at the 70th Anniversary Gala, Award Night, and Book Prese…Bola Tinubu · NigeriaSee the Story

Nigeria Adopts UN Electronic Trade Standards - CAJ News Africa

from EMEKA OKONKWO in Abuja, NigeriaNigeria BureauABUJA, (CAJ News) – NIGERIA is adopting standards developed by the United Nations Centre for Trade Facilitation and Electronic Business (UN CEFACT) to accelerate its integration into global trade systems. The Nigeria Customs Service (NCS) has expressed the commitment to these standards at a recent event in Abuja, under the theme, “Strengthening Trade Facilitation and Digital Transformation in Nig…United Nations · AbujaSee the Story

Dangers Of Marine Debris Top Agenda At SCAN 2025 Summit — City Business News

Advertisements The Shipping Correspondents Association of Nigeria (SCAN) is set to hold its 2025 summit on Thursday, June 26, 2025, at Rockview Hotel, Apapa, Lagos. This year’s theme, “Marine Debris: The Danger Ahead,” highlights the urgent need to address the crisis of marine debris and its burgeoning threat to the maritime industry, marine ecosystems, and coastal communities.The summit will gather industry leaders, environmental experts, polic…Lagos, Lagos · LagosRead Article

Police Commissioner, Airport Command Visits NAHCO — City Business News

Advertisements The Nigerian Aviation Handling Company Plc (NAHCO Plc), Thursday, June 19, received the Commissioner of Police, Airport Command MMIA, Ikeja, Mrs Ogunbode Olufunke, PhD, who was on a courtesy visit to its Head Office.The CP and her delegation were received by the GMD/CEO, NAHCO Plc, Mr. Olumuyiwa Olumekun and other senior officials of the Company.The GMD expressed his gratitude to the Commissioner for her visit and extended his con…Ikeja · IkejaRead Article

NDDC Unveils Four Projects In Rivers State — City Business News

Advertisements The Niger Delta Development Commission, NDDC, has commissioned four projects in Okirika Local Government Area of Rivers State.  The projects include a Police station and a Health Centre, a recreation centre and a 4.5km Egbelebie Road network. Speaking at the event, the Chairman of the NDDC Governing Board, Mr. Chiedu Ebie, stated that the Commission’s mandate to facilitate the sustainable development of the Niger Delta was exempli…Cross River · Cross RiverSee the Story

ICPC Assesses Customs’ Compliance On Anti-Corruption, Ethics

The Nigerian Customs Service (NCS) on Saturday announced the deployment of two key anti-corruption evaluation tools, “the Ethics and Compliance Scorecard (EICS) and the Anti-Corruption and Transparency Unit (ACTU) Effectiveness Index (AEI).” The assessment was conducted by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) at the service headquarters in Abuja. The initiative is part of a nationwide strategy by the ICP…Abuja · AbujaSee the Story

SEC Blocks Independent Directors From Becoming Executive Directors

The Securities and Exchange Commission (SEC) has banned the conversion of Independent Non-Executive Directors (INEDs) into Executive Directors within the same company or corporate group.This is part of the SEC’s efforts to tighten corporate governance standards in Nigeria’s capital market.In a circular titled “Circular to All Public Companies and Capital Market Operators on the Transmutation of Independent Non-Executive Directors and Tenure of D…SEC · NigeriaSee the Story

My Vision For S’West Devt Commission, By Akinola — City Business News

Advertisements The Managing Director of the South West Development Commission (SWDC), Dr Charles Akinola, has rolled out his vision for the Commission.Speaking during the screening session of all the 18 nominees forwarded to the Senate by President Bola Tinubu for appointment as Chairman and members of the South-West Development Commission (SWDC), Dr Akinola Akinola said the establishment under his leadership would look at one economic bloc as a…Senate · NigeriaRead Article

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