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Category: Economy

Business Economy headline

CBN revokes licenses of two Mortgage Banks

Iheanyi Ejiofor December 16, 2025 No Comments #CBN #revokes #Mortgage banks

The Central Bank of Nigeria (CBN) has announced the revocation of operating licenses of two mortgage banks. In a circular issued on Tuesday and signed by its Ag. Director, Corporate…

Read More CBN revokes licenses of two Mortgage Banks
Business Economy headline

FG, States, LGs share ₦1.928trn November 2025 revenue

Iheanyi Ejiofor December 16, 2025 No Comments #Federal allocation #FG #States #LG #revenue

A total sum of ₦1.928 trillion, being November 2025 Federation Account Revenue, has been shared to the Federal Government, States and the Local Government Councils. According to a statement by…

Read More FG, States, LGs share ₦1.928trn November 2025 revenue
Business Economy headline

Petrol will be sold at ₦739 per litre from Tuesday – Dangote

Iheanyi Ejiofor December 16, 2025 No Comments #Petrol #Dangote

Founder and President of Dangote Group, Aliko Dangote, has announced that petrol prices will drop to ₦739 per litre nationwide, beginning Tuesday, with initial implementation at MRS stations in Lagos.…

Read More Petrol will be sold at ₦739 per litre from Tuesday – Dangote
Business Economy headline

Headline inflation eases to 14.45%, says NBS

Iheanyi Ejiofor December 16, 2025 No Comments #inflation

Nigeria’s headline inflation rate moderated to 14.45 per cent in November 2025, from the 16.05 per cent recorded in October 2025, the Nigeria Bureau of Statistics said on Monday. The…

Read More Headline inflation eases to 14.45%, says NBS
Business Economy headline

OGFZA secures $24B in investments for Nigeria

Iheanyi Ejiofor December 12, 2025 No Comments #The Oil and Gas Free Zones Authority (OGFZA)

…As Stakeholders Back Calls For Exemption in New Tax Law The Oil and Gas Free Zones Authority (OGFZA) has announced that it has attracted more than 24 billion dollars in…

Read More OGFZA secures $24B in investments for Nigeria

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