Economy
Business General

MediaFuse-Dentsu wins 2024 marketing group award

By Our Correspondent MediaFuse-Dentsu, a leading advertising agency network powerhouse, has emerged as the “Outstanding Marketing Communications Group” in Nigeria for 2024. The agency and other notable media agencies and advertising personalities within the group won the awards at the National Marketing Stakeholders Summit and Awards 2024 in Lagos. The NewsZenith reports that Marketing Edge […]

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Economy General

Apapa Customs command nets N1.6trn revenue in Q3

By Opeyemi Mohammed The Apapa Port Command of the Nigeria Customs Service (NCS) generated N1.61 trillion between July and September, TheNewsZenith reports. Comptroller Babatunde Olomu, who heads the Area Command, announced the revenue figure in a statement on Monday in Lagos. Olomu said the figure exceeded the N1.17 trillion collected as total revenue in 2023. […]

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Foreign News Oil & Gas

Angola, DR Congo sign new oil & gas deals

By Abdulfatah Babatunde Angola’s Ministry of Mineral Resources, Oil and Gas and the Ministry of Hydrocarbons of the Democratic Republic of the Congo (DRC) have signed an agreement with new terms for the co-development of offshore Block 14. TheNewsZenith reports that the duo signed the agreement during the opening of the Angola Oil & Gas […]

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Banking & Finance Foreign News Insurance

Islamic Corporation signs insurance MoU with Azerbaijan

By Abdulfatah Babatunde The Islamic Corporation for Insurance of Investment and Export Credit (ICIEC) has signed a Memorandum of Understanding (MoU) with the Central Bank of the Republic of Azerbaijan (CBAR) to enhance Islamic insurance services. TheNewsZenith reports that ICIEC is a Shariah-based multilateral insurer and member of the Islamic Development Bank (IsDB) Group. The […]

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Economy Oil & Gas Transportation

FG gifts 64 CNG buses to Labour Unions, NANS

From Our Correspondent The Federal Government has donated 64 Compressed Natural Gas (CNG) buses to the Trade Union Congress (TUC), the Nigerian Labour Congress (NLC) and the National Association of Nigerian Students (NANS). TheNewsZenith reports that a federal government delegation, led by the Coordinating Minister of the Economy and Minister of Finance, Wale Edun, made […]

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Economy General

FG to register, tax foreigners’ income

From Our Correspondent The Federal Government will now begin to register and tax the incomes of foreigners working in Nigeria under a proposed amendment to the National Identity Management Commission (NIMC) Bill, 2024. TheNewsZenith reports that Mr Bayo Onanuga, Special Adviser to the President, Information and Strategy, announced the new policy while newsmen at State […]

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General Oil & Gas

CSOs commend FG’s effort to ensure affordable petrol

From Our Correspondent The National Civil Society Council of Nigeria (NCSCN) has commended the Federal Government for making efforts to ensure Nigerians buy petrol at the cheapest cost possible. TheNewsZenith reports that Charles Ibiang, NCSCS’s Director of Petroleum and Natural Resources, said this at a news conference in Abuja. Ibiang explained that the Nigerian National […]

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Economy

OYSG reabsorbs tenants into rebuilt Bola Ige market

From Our Correspondent The Oyo State Government says it has reabsorbed former occupying traders into the redeveloped Bola Ige International Business Complex, New Gbagi, Ibadan. TheNewsZenith reports that Mr Adeniyi Adebisi, Commissioner for Trade, Industry, Investment, and Cooperatives, announced the reabsorption in a statement, in Ibadan on Monday. Adebisi said upon completion of the project, […]

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Oil & Gas Transportation

CNG: Lagos centres begin vehicle conversion inspection

By Muhammed Opeyemi The Presidential CNG Initiative (PCNGi) has started inspecting commercial vehicles that would benefit from the free Compressed Natural Gas (CNG) conversion and installation in Lagos. TheNewsZenith reports that the exercise is part of the PCNGI as approved by President Bola Tinubu to provide a cheaper and cleaner vehicle fueling alternative for Nigerians. […]

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General Oil & Gas

Group lauds FG’s CNG as alternative energy source

From Our Correspondent The Tinubu Media Volunteers have applauded the efforts of President Bola Tinubu’s administration to roll out Compressed Natural Gas as a cheaper alternative to petrol. TMV gave the commendation in a statement emailed to TheNewsZenith on Friday evening. It gave the applause following indication that CNG at N230 per kg, is far […]

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