The NDIC has initiated a payout of up to N2 million per depositor for customers of Aso Savings and Union Homes. Learn about the verification process and what happens to balances above the insured limit.
The Central Bank of Nigeria has revoked the operating licenses of Aso Savings and Union Homes for regulatory breaches. Discover the full story and what it means for Nigeria's financial sector.
The CBN has revoked the operating licences of Aso Savings and Union Homes. NDIC has commenced verification and payment of insured deposits up to N2 million. Learn how depositors can claim their funds.
The Central Bank of Nigeria has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc for failing to meet capital requirements. Learn the full details and implications for Nigeria's mortgage sector.
CBN revokes Aso Savings & Union Homes licences for regulatory breaches. NDIC starts insured deposit payments up to N2m. Learn how to claim your funds.
NDIC starts liquidation of Aso Savings & Union Homes after CBN licence revocation. Depositors to get up to N2m via BVN. Learn the process for claims and payments.
The NDIC has started reimbursing depositors of Aso Savings and Union Homes after the CBN revoked their licenses. Learn how to claim your insured funds up to ₦2m before the deadline.
NNPC slashes petrol prices in Lagos and Abuja after Dangote Refinery's price cut, sparking a potential fuel price war. Get the latest updates and analysis.
Aliko Dangote commits to lowering petrol prices to compete with imports, declares an end to Nigeria's fuel queues, and reveals plans to expand his refinery to 1.4 million barrels daily by 2028.
FirstPower announces a planned 3-hour power outage in parts of Anambra on Sunday, Dec 7, for a critical transformer upgrade. Details on affected areas and the reason behind the service disruption.
Aliko Dangote assures Nigerians of stable petrol supply during Christmas and reveals plans to make his refinery the world's largest by 2028. Read the full details.
Kaduna's free CNG bus service has transported over 1.4 million passengers, saving residents N1.39 billion in fares. See the full impact of Governor Uba Sani's transport scheme.
Nigeria's DMO opens subscription for 2-year and 3-year FGN Savings Bonds with attractive quarterly interest payments. Secure investment backed by the Federal Government. Closes Dec 5.
A planned week-long power outage in Adamawa and Taraba states disrupts daily life and businesses. Residents face darkness as YEDC conducts critical maintenance. Read more.
President Trump overturns Biden's fuel-economy rules, claiming it will lower car prices. Critics warn it will worsen climate change and increase fuel costs for drivers.
Ten Nigerian banks recorded over N33.24 trillion in savings deposits by September 2025, a 6.8% annual increase. See which Tier-2 banks led the growth and the latest CBN savings rates.
Dangote Refinery reduces petrol ex-depot price to N840/litre, triggering competitive cuts among depot owners. The move follows NNPC's price adjustment and a global crude oil price crash to $60 per barrel. Read more on the festive season relief.
Dangote Refinery is saving Nigeria over N10 billion annually in foreign exchange by replacing fuel imports with locally refined products. Discover how this impacts Nigeria's economy.
New data reveals Nigeria consumed 56.74 million litres of petrol daily in October 2025, with Dangote Refinery producing 18.03 million litres. Discover the full energy consumption breakdown.
NNPC reduces petrol pump price to N905 per litre, but major marketers like Ardova and MRS offer cheaper fuel. Analysts predict further cuts as competition intensifies.
Top African energy executives gather at MMC 7.0 in Lagos to discuss sustainable energy's role in powering Africa's industrial revolution and equitable trade. Join the conversation December 4-5, 2025.
Nigeria achieves international accreditation milestone as NINAS recognition enables export certificates acceptance in 140+ countries, saving millions in forex and boosting MSMEs.
Nigerian petrol market sees intense competition as Dangote Refinery and importers adjust ex-depot prices. Latest updates on fuel costs and market dynamics revealed.
The corpse of an unidentified man was discovered at Total filling station in Seme, Badagry West, Lagos. Authorities seek public assistance for identification.
NNPC filling station workers commend new health insurance scheme covering 7,000 employees. Workers urge NUPENG to conduct elections and private marketers to follow NNPCL's example.
Union Bank's new Save & Gain campaign rewards customers with cash prizes up to ₦5 million for maintaining accounts and using digital channels. Learn how to participate.
EEDC refutes Imo State's claim of a planned massive power outage, calling it propaganda. The company urges the government to enable, not frustrate, its operations. Read the full details.
ISWAP insurgents attacked Geidam police station in Yobe, killing one officer, burning patrol vans and freeing detainees. Full details of the midnight raid revealed.
IPMAN alerts Nigeria of potential fuel disruption as NMDPRA delays debt payments for over 3 years. Association seeks FG intervention while praising NNPC settlement.
Federal Government plans 500 CNG refuelling stations nationwide to provide cheaper fuel at N380 per litre. Learn how this initiative will transform Nigeria's energy landscape.