The Advertising Regulatory Council of Nigeria (ARCON) recently banned the use of foreign voice-over artists and models in Nigeria. ARCON Director General Olalekan Fadolapo in a statement said the ban is in line with the Federal Government’s policy to develop local talent and inclusive economic growth for sectors of the[Read More…]
Tag: ARCON
ARCON gives Turkish Firm ultimatum to pay N481m debt
The Advertising Regulatory Council of Nigeria (ARCON) has given a Turkish company, Hayat Kimya, a seven-day ultimatum to pay the N481 million debt it owes a Nigerian media planning and buying agency, Mainsail Media Limited. The Director General of ARCON, Dr Olalekan Fadolapo, issued the ultimatum in a statement made[Read More…]
ARCON to Register Advertising Businesses, Affiliations and Mergers
Advertising Regulatory Council of Nigeria, ARCON has announced that under the new law, the regulatory agency is now mandated to register all forms of business affiliations, combinations and mergers in the advertising industry as part of efforts to enforce ethical practices in the industry. Olalekan Fadolapo, Director General , ARCON,[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…]