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NNPC Announces End To Petroleum Importation, Partners Dangote Refinery
After years of heavy importation of petroleum products, the Nigerian National Petroleum Company Limited, NNPC, has announced on Monday that it has finally put an end to the long-standing practice.…
Dangote Refinery, Marketers Set To Meet Over Petrol Lifting, Pricing
The Independent Petroleum Marketers Association of Nigeria has announced that its members are scheduled to meet with Dangote Refinery this week to discuss the direct procurement of Premium Motor Spirit…
Fuel Crisis: Kwara Transporters on Brink of Collapse, FG Urged to Intervene
In a desperate cry for help, leaders of the Kwara State Transporters Association are imploring the Federal Government to take immediate action to address the crippling fuel scarcity and skyrocketing…
FG Lifts Suspension on Arik Air Operations
The federal government has lifted the suspension on the operations of Arik Air. ADULAWO NEWS reports that the airline’s planes were grounded over a dispute between Atlas Petroleum and Arik…
Dangote Wants Us To Stop Importation Of Fuel, Direct All Marketers To His Refinery –Nigerian Agency, NMDPRA
The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed has said billionaire businessman Aliko Dangote requested for total suspension of fuel importation into the…
Nigeria Joins Kenya as First African Countries to Benefit From Facebook Monetization
Content creators in Nigeria can now earn money from ad revenue as Meta has made good its promise of making the country eligible for monetisation. Meta had promised in May…
LG Unveils World One Body Washing Machine In Nigeria
LG has launched LG Wash Tower, one its newest form of laundry products, General Manager, Home Appliances, LG Electronics, Mr. Brian Kang, said the launch is a clear demonstration of…
Diageo To Sell Stake In Guinness Nigeria To Singaporean Firm
The foreign majority shareholder in Guinness Nigeria Plc, Diageo, has agreed to sell its controlling equity stake of 58.02 per cent to a Singaporean multinational, Tolaram. According to an agreement…
CBN Debunks Rumors of License Revocation for Fidelity, Polaris, Wema, Unity Banks
The Central Bank of Nigeria (CBN) has refuted allegations that it is contemplating the revocation of operating licenses for Fidelity, Polaris, Wema, and Unity Banks. This was revealed In a…
Nigeria Deposit Insurance Commences Payment To Heritage Bank’s Customer This Week
The Nigeria Deposit Insurance Corporation (NDIC) has announced that depositors of the now-liquidated Heritage Bank will start receiving their insured deposits starting this week. The revelation was made by the…
Dangote Reveals When Nigeria Will Totally Stop Fuel Importation
Chairman of the Dangote Group, Aliko Dangote, announced that Nigeria would cease to import gasoline within the next month thanks to the operations of the Dangote Refinery. In a groundbreaking…
Dangote Refinery To Buy 24m Barrels Of Crude Oil From US
Dangote refinery plans to buy 24 million barrels of crude from the United States over the next year as it increases processing rates. According to a report on Thursday by…
16 Banking Transactions Exempted From CBN’s New Cybersecurity Levy
The Central Bank of Nigeria (CBN) has mandated all banks to begin charging a 0.5% cybersecurity levy on all electronic transactions, as stipulated in a new circular issued on Monday,…
CBN Introduces New Cybersecurity Levy On Electronic Transactions
The Central Bank of Nigeria (CBN) has issued a new directive to all financial institutions, including commercial, merchant, non-interest banks, payment service banks, and mobile money operators mandating the implementation…
MTN Announces Plans To Increase Call Tariff
MTN has announced plans to increase call tariffs to manage the effect of the challenging operating conditions in the country. In a statement on Friday after its extraordinary general meeting,…
Association Seeks Govt’s Support to Address Quackery, Launches Employers’ Body
The Employers Association for Private Employment Agencies of Nigeria (EAPEAN) has appealed to the Federal Ministry of Labour and Employment to reinstate the joint monitoring exercise requested by the association…
OPay Sends Message To Customers Concerning Funds In Their Account Following CBN’s Directive
A leading financial services provider, Opay has sent its customers a message concerning the safety of their funds. ADULAWO News recall that earlier reports had indicated that the Central Bank…
Why We Removed Fuel Subsidy – Tinubu Opens Up
President Bola Tinubu has emphasized the necessity of removing the fuel subsidy to prevent Nigeria from going bankrupt, while speaking as a panellist at the World Economic Forum in Riyadh,…
NERC Reveals Customers That Will Be Affected By Electricity Tariff Price Increase
The Nigerian Electricity Regulatory Commission (NERC), has explained that not all Nigerians would be affected by the recently-announced increase in electricity tariff by the government. ADULAWO News recalls the Federal…
Banks Set New ATM Withdrawal Limits For Customers
Nigerian commercial banks have instituted withdrawal limits on their automated teller machines (ATMs), with variations observed across different banks, according to an investigation by TheCable. ADULAWO News reports that the…