Things To Know About Dangote Petroleum Refinery
Here are few things to know about the construction of the world’s largest single-train refinery owned by the African richest man, Aliko Dangote • The Dangote Petroleum Refinery is located…
Governor Adeleke Speaks As Dangote Refinery Begins Operations
The Executive Governor of Osun, Senator Ademola Adeleke has described the just completed Dangote Refinery as “a continental game changer with huge capacity to positively transform Nigeria and African economy”…
Marketers Eye Cheaper Fuel As Dangote Refinery Commences Operations Tomorrow
As the Dangote Refinery begins operations tomorrow (Monday), oil marketers have expressed optimism that the facility will help reduce the cost of petrol, if the government deregulates the commodity. This…
Telcos Disconnects Banks Over N120bn USSD Debt
Telecommunication operators would disconnect Deposit Money Banks (DMBs) from their service, if they fail to pay the debt owed to operators for Unstructured Supplementary Service Data (USSD) services which has…
CBN Breaks Silence, Says Old N200, N500, N1,000 Notes Remain Legal Tender Till Dec 31
The Central Bank of Nigeria (CBN) on Monday said old N200, N500, N1,000 banknotes remain legal tender till December 31, 2023. The apex bank’s Acting Director of Corporate Communications, Isa…
Brokers Plan To Control 90% Stake In Insurance Business
Insurance brokers, under the auspices of the Nigerian Council of Registered Insurance Brokers (NCRIB), are ready to increase their controlling stake in insurance business from 60 per cent to 90…
CBN Approves Open Banking
The Central Bank of Nigeria (CBN) has given approval for the operation of Open Banking in Nigeria. ADULAWO NEWS reports that Open Banking in Nigeria refers to data sharing across…
Both Old And New Notes Are Now Legal Tender – CBN
The Spokesman of the Central Bank of Nigeria (CBN), Isa Abdulmumin, has said both the old and new naira notes are now legal tender following the new directive of the…
Ngige Commends HuCaPAN for Cooperation in Oil and Gas Sector
The Honourable Minister of Labour and Employment, Dr. Chris Ngige, has commended the umbrella association of private employment agencies in Nigeria, the Human Capital Providers Association of Nigeria, HuCaPAN, for…
JUST IN: Confusion As CBN Denies Viral Report Asking Banks To Accept Old 500,1000 Naira Notes
The central bank of Nigeria has denied a report purportedly asking commercial banks to start accepting the old #500 and #1,000 notes from Nigerians. The CBN debunked the report in…
BREAKING: CBN Orders Banks To Start Collecting Old N500, N1,000 Notes
The Central Bank of Nigeria has reportedly ordered banks across the country to start collecting the old N500 and N1,000 notes from members of the public who want to deposit…
Naira Scarcity: Buhari Plans 60 More Days For Old Notes – Presidential Source
Indication emerged on Wednesday that President Muhammadu Buhari is making moves to find a solution to the escalating crisis trailing the cash swap by allowing the old notes to remain…
Naira Scarcity: Again, Buhari Meets Emefiele After Supreme Court Adjournment
President Muhammadu Buhari has met with the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, hours after the Supreme Court adjourned the suit on the naira redesign policy.…
Banks Shun CBN Directive, Reject Old Naira Notes
Reports have indicated that banks across the country have refused to accept old naira notes. It was gathered that banks issued circulars to some of the filling stations, urging them…
BREAKING: FG Directs Depot Operators To Sell Petrol At N172/Litre
In a move to resolve the lingering fuel distribution crisis in the country, the federal government on Friday directed depot operators to sell premium motor spirit (PMS) also known as…
BREAKING: Supreme Court Stops FG, CBN From Withdrawing Old Naira Notes
In what seem an answer to the prayers of many Nigerians, the Supreme Court on Wednesday temporarily stopped the Central Bank of Nigeria, CBN, from withdraw the old Naira Notes…
General Elections: INEC Denies MC Oluomo Request To Distribute Elections Materials
The Independent National Electoral Commission (INEC) in Lagos has dissociated itself from the letter allegedly written to the commission by the former chairman of the defunct National Union of Road…
Naira Scarcity: Zenith Bank Staffs Seen Fleeing Through Fence Over Fear Of Being Mobbed (Video)
A Video has emerged showing staffs of Zenith Bank jumping through the fence of bank as customers stormed bank to withdraw cash. ADULAWO NEWS reports that Nigerians are getting desperate…
BREAKING: Court Stops Buhari, CBN, Others From Suspending Currency Swap Policy
An High Court of the Federal Capital Territory (FCT), on Monday, restrained President Muhammadu Buhari, Central Bank of Nigeria (CBN), the Governor of CBN and 27 commercial banks from suspending,…
BREAKING: CBN Deceived Buhari Over Naira Redesign – Oshiomhole
Adams Oshiomhole has accused the Central Bank of Nigeria (CBN) of deceiving President Muhammadu Buhari over the redesign of the naira notes. ADULAWO NEWS recalls that President Buhari last year…