Business

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

Why CBN revoked licences of Aso Savings, Union Homes

The Central Bank of Nigeria (CBN) has revoked the operational licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc. The apex Ba

Fuel prices fail to drop below N800 in Lagos, others

Prices of premium motor spirit (PMS) otherwise known as petroleum have started dropping across the country following the reduction in ex-depot price b

Bread makers dismiss 50kg flour price reduction to N35,000

The Premium Breadmakers Association of Nigeria (PBAN) has dismissed the claim regarding a reduction in the price of a 50kg bag of flour to N35,000. Th

Mshelbila quits NLNG

The Managing Director and Chief Executive Officer, Nigeria Liquefied Natural Gas (NLNG), Philip Mshelbila, will quit the company on December 31, after

‘How inflows to federation account grew to N23trn in 2025’

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says Nigeria’s Federation Account recorded strong growth of N23.06 trillion within t