Business

All the recent business news in Nigeria, economy and industry updates.

Flour Mills acquires Honeywell Flour in N80bn deal

Flour Mills of Nigeria Plc (FMN), the food conglomerate and owners of the iconic Golden Penny Food brand, has acquired a 71.69 percent stake in Honeyw

FG targets N22bn from Lagos-Ibadan, Warri-Itakpe train routes in 4 years

The federal government has projected to generate N12.4 billion and N9.6 billion on the newly launched Lagos-Ibadan and Warri-Itakpe train routes, resp

Leadway Pensure not in breach of the investment regulation — Pencom

The National Pension Commission (Pencom) has said Leadway Pensure Ltd is not in breach of the Investment Regulation by investing pension funds in the

10,000 barrel modular refinery to be completed December — NCDMB

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), has said the Duport Modular Refinery is…

TCN upgrades circuit breakers at power stations nationwide

The Transmission Company of Nigeria (TCN) said it is rehabilitating and upgrading circuit breakers across transmission substations…