The National Broadcasting Commission (NBC) has directed Multichoice to sublicense some of its channels to Metro Digital Limited (Metro TV) in compliance with current Broadcast Code rules. The Court of Appeal sitting in Port Harcourt, the Rivers State capital, had on July 13th, 2022, ordered the NBC to direct Multichoice[Read More…]
News
Non-oil Export Increases To $2.59bn In H1, 2022
The country’s non-oil export rose to about $2.59 billion in the first half of the year, representing an increase of 62.37 per cent compared to $1.60 billion recorded during the same period in 2021. The Executive Director/Chief Executive, Nigerian Export Promotion Council (NEPC), Dr. Ezra Yakusak, said this remained the[Read More…]
Fed Govt Eyes N834trn To Meet Net Zero Target
The Federal Government has said Nigeria will require $1.9trn or N834trn to attain net zero by 2060 as part of its support to the global fight against climate change and meeting the country’s Energy Transition Plan. A document on the Energy Transition Plan said Nigeria would require $1.9trn to get[Read More…]
Firstbank Sponsors 5th Chukker African Patrons Cup Polo Tournament
Kaduna is agog with excitement as preparation for this year’s First Bank of Nigeria Limited sponsored Emir of Zazzau African Patrons Cup and Breast Cancer Awareness Campaign gathers momentum. The African Patrons cup is an annual polo tournament which features Low, Medium and High goal teams from all around the[Read More…]
Domestic Gas Supply Rises by 14%, Says FG
The Federal Government has revealed that the estimated performance of Nigeria’s domestic gas supply obligation increased by 14.14 per cent to 64.8 per cent in 2021. It pointed out that the country’s gas supply volumes are set to grow further in 2022 compared with the 50.66 per cent achieved in[Read More…]
Marketers Threaten Strike, Protest N185/litre Fuel
The Independent Petroleum Marketers Association of Nigeria, says it will withdraw its service over constant increment on the price of the premium motor spirit in the Eastern part of the country. The marketers, recently, in a statement, blamed private depots for the hike in price. According to them, they were[Read More…]
In 3 Years, Digital Economy Ministry Remitted 408bn to FG – Pantami
Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, said their Ministry, alone, made over N408 billion remittances to the Federal Government, in the last three years. He disclosed this at the ongoing Digital Nigeria Day 2022, holding at the International Conference Centre, ICC, in Abuja. According to[Read More…]
Naira Redesign Not Economic Priority — CISLAC
The Civil Society Legislative Advocacy Centre has said that the Central Bank of Nigeria’s plan to redesign 200, 500 and 1,000 naira notes is not an economic priority for the country, considering the current challenges facing the economy. The Executive Director of CISLAC, Auwal Musa, made this known in a[Read More…]
In 2022, Airlines Spend $192bn on Jet-A1
The Nigerian aviation sector has spent $192bn in 2022 on aviation fuel alone, a report by Philips Consulting Limited said. According to the report titled, ‘Nigeria’s Aviation Industry Customer Satisfactory Survey Report 2022’, obtained by Newsmen, in the first six months of 2022, the jet fuel price rose to 70[Read More…]
says he is unperturbed by LASAA’s favouritism towards APC*
Abdul-Azeez Olajide Adediran, aka Jandor, the People’s Democratic Party (PDP) flagbearer in Lagos state in next year’s governorship election has said that he is unperturbed by the favouritism accorded the ruling party in the state by LASAA, noting that, it is a sign that his campaign movement is unsettling the[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]