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  • dnotiondnotion
  • July 9, 2024
  • 3 minutes Read
Nigerian govt targets conversion of 1 million vehicles to CNG by 2027

The President Bola Ahmed Tinubu-led Federal Government says it is targeting the conversion of one million vehicles to Compressed Natural Gas (CNG) by 2027. The Strategic Business Education Adviser, Presidential Initiative on CNG programme Babajide Awolowo disclosed this on Tuesday at a stakeholders forum organized by the Kogi State Government in collaboration with Automotive…

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  • dnotiondnotion
  • July 9, 2024
  • 2 minutes Read
WTO chief warns against global trade breakdown

Global trade “is not having the best of times at the moment”. That was the admission of the Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala. “We are seeing increasing protectionism, some undermining of the WTO rules, and some of this is leading to fragmentation,” she told the BBC yesterday. Global trade…

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  • dnotiondnotion
  • July 9, 2024
  • 5 minutes Read
2024 Kia EV9 Looks To Be The Best Three-Row EV On The Market

Kia has released the full details about its upcoming 2024 Kia EV9. The South Korean-automaker has been on an absolute roll with its EV strategy, and the EV9 will be it’s all-important flagship three-row SUV entry. Kia EV9 Design There are no surprises when it comes to the design, as Kia had already shown…

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  • dnotiondnotion
  • July 9, 2024
  • 2 minutes Read
Logistics challenges, flooding cause of fuel queues – NNPC

The NNPC Ltd has said that the fuel queues seen in the FCT, and some parts of the country are because of disruption of ship-to-ship (STS) transfer of Premium Motor Spirit (PMS), also known as petrol, between Mother Vessels and Daughter Vessels resulting from recent thunderstorm. Fuel sale The adverse weather condition has also…

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  • dnotiondnotion
  • July 9, 2024
  • 3 minutes Read
New withholding tax regime excludes insurance premiums, lotteries, others – Report

The Federal Government has listed insurance premiums, winnings from lotteries and reality shows among transactions exempted from the new withholding tax regime. This is according to the Deduction at Source (withholding) Regulations 2024 signed by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, seen by The PUNCH.  On reality shows…

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  • dnotiondnotion
  • July 9, 2024
  • 2 minutes Read
Presidential CNG Initiative – a Solution to the Impact of Fuel Subsidy Removal — Kogi State Government

By Sa’adatu Mohammed The Presidential CNG Initiative (Pi-CNG) is a crucial component of the current administration’s efforts to alleviate the public hardships that resulted from the removal of fuel subsidies by the Federal Government of Nigeria. This initiative primarily focuses on diversifying Nigeria’s energy sources, reducing reliance on petrol and diesel, and addressing environmental…

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  • dnotiondnotion
  • July 8, 2024
  • 4 minutes Read
China's BYD to open electric car plant in Turkey

China’s electric vehicle giant BYD will open a factory in Turkey. Photo: Lillian SUWANRUMPHA / AFP/FileSource: AFP China’s electric vehicle giant BYD will open a factory in Turkey, a government source told AFP on Monday, as the company continues its international expansion. “BYD will open a plant in Turkey,” the source said, adding the…

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  • dnotiondnotion
  • July 8, 2024
  • 8 minutes Read
LG Energy Solution and Liontown Resources fortify their collaboration in the global lithium sector

LG Energy Solution and Liontown Resources Limited (Liontown) entered into a strategic partnership aimed at fortifying their long-term collaboration in the global lithium sector. The companies signed a convertible note subscription agreement, an extended offtake agreement for the supply of high-quality lithium spodumene from Liontown’s Kathleen Valley project, and a downstream collaboration agreement to…

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