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Economic Hardship: FG, Manufacturers Agree To Drop Cement Price To N7000
Cement manufacturers have agreed to bring down the price of the product to between N7,000 and N8,000 per 50kg depending on the location nationwide. ADULAWO News reports that the manufacturers…
Forex Crisis: CBN Scraps Travel Allowances By Cash
The Central Bank of Nigeria (CBN) has announced that Personal and Basic Travel Allowances would only be paid electronically, not in cash, as part of an effort to address the…
NNPCL Denies Plan To Increase Petrol Price
The Nigerian National Petroleum Company (NNPC) Ltd. in a statement has assured the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known…
BREAKING: First Bank Appoints Femi Otedola As Chairman of Board Of Directors
LThe First Bank of Nigeria (FBN) Holdings has appointed billionaire businessman Femi Otedola as the new chairman of its board of directors. ADULAWO News reports that he succeeds the outgoing…
Again, CBN Releases $500m To Clear More Verified FX Liabilities Backlog
The Central Bank of Nigeria (CBN) has released US$500 million to various sectors to further address the backlog of verified foreign exchange transactions. ADULAWO News reports that this comes barely…
Economic Crisis Propel Nigerians Into Entrepreneurship (How To Start Lucrative Business)
Nigeria’s current economic state, characterised by various challenges, has been a significant driving force pushing many Nigerians towards entrepreneurship and self-employment. The minimum wage earned by Nigerian workers has forced…
BREAKING: Lekki Seaport Berths Largest Container Vessel
The largest container ship ever dock in Nigeria, the 13,092 TEU Maersk Edirne, has safely berthed at Lekki Port, the country’s deepest seaport. ADULAWO News reports that approximately 2:42 pm…
14 States That Spends N21 Billion On Foreign Trips Despite Attracting Zero Investment
Despite allocating a significant amount of funds, totalling N21.04 billion, towards foreign trips over the past three years, 14 states of the federation have failed to attract any foreign investments…
BREAKING: BUA Crashes Cement Price To N3500
The manufacturers of BUA cement have announced a reduction of cement price from 6000 to N3,500 per bag. ADULAWO NEWS reports that this comes barely two weeks after a meeting…
BREAKING: NNPCL Increases Fuel Pump Price To N617 Per Litre
The Nigerian National Petroleum Company Limited (NNPCL) has further increased pump prices of Petrol, known as Premium Motor Spirit (PMS) from 537 to 617 naira Per Litre. ADULAWO NEWS recalls…
Sponsored: Professionals That You Need To Build Your Dream Home
A few days ago, a picture went viral on twitter where the person that twitted it claimed Five Million 5M would complete a contemporary building of such, the building was…
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…