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,…