The Federal Government has introduced the Audience Measurement System to improve the country’s media industry. The Minister of Information and National Orientation, Mohammed Idris, speaking at the recent unveiling …
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FG to subsidise CNG vehicle conversion kits by 50%
The Federal Government has rolled out plans to subsidise Compressed Natural Gas vehicle conversion kits by 50 per cent for road transport union members across the country. The Chief …
Read More »Nigeria begins conversion of railway locomotive engines to CNG
The Minister of Transportation, Sa’idu Alkali, has disclosed that the Federal Government had commenced the conversion of railway locomotive engines from diesel to Compressed Natural Gas. The minister disclosed …
Read More »Rivers, firm sign CNG facilities installation deal
Rivers State Government has signed an agreement with a private sector firm, Creek Transitway Ltd, for the establishment of Compressed Natural Gas infrastructure in the state. A statement by …
Read More »Dangote refinery shifts petrol supply to July
The Dangote refinery has said its plan to release premium motor spirit into the market this month will no longer be possible, sparking reactions from Nigerians. The President of …
Read More »Data breach: FG slams N400m fine on four banks, others
The Nigeria Data Protection Commission has said more than 1000 financial institutions, schools, insurance companies, and consultancy firms are currently undergoing investigations for various degrees of breaches of citizens’ …
Read More »Naira trades N1,473/$ at official market
The Naira traded N1, 473.66 to a dollar at the official market on Tuesday. Data from the official trading platform of the FMDQ Exchange showed that the Naira gained N9.96 …
Read More »Fidelity Bank leads trading as Nigeria’s equities market gains N324b
Fidelity Bank was the most active stock on the Nigeria capital market on Monday as a strong positive sentiment led the bourse to gain N324 billion in the week’s first …
Read More »Nigeria’s income from income tax declined by N276bn in Q1 2024 – NBS
The income generated by the Federal Government through the Company Income Tax (CIT) fell to N984 billion in the first quarter of 2024. The National Bureau of Statistics (NBS) disclosed …
Read More »Recapitalisation: Fitch projects Islamic finance growth
International credit ratings organisation, Fitch Ratings, has said that the higher capital requirement for banks operating in Nigeria inclusive of non-interest banks would boost the growth of the Islamic …
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