NEWS

REVEALED: Nigeria to close down embassy in Sri Lanka

Daily Dispatch June 6, 2017

The Federal Government recently announced its intention to shutdown five foreign missions and embassies, according to Minister of Foreign Affairs, Geoffrey Onyeama. Mr. Onyeama, did not name the affected embassies or missions, but sources informed that the embassy in Sri Lanka is one of the

TOP STORIES

Revealed! 5.5 Nigerians became unemployed in Buhari’s 2 years in office – NBS

Daily Dispatch June 6, 2017

Nigeria’s unemployment rate rose to 14.2 per cent in the fourth quarter of 2016, the National Bureau of Statistics (NBS), has said. Premium Times reports that the bureau disclosed that the rate rose from the 13.9 per cent recorded in the preceding quarter of the year under review. According to the data released on Monday […]

Uncategorized

Sponsored Ramadan Message: RAMADAN DAILY DIET – DAY 11.

Daily Dispatch June 6, 2017

“Every action of the son of Adam is given manifold reward, each good deed receiving then times its like, up to seven hundred times. Allah the Most High said, ‘Except for fasting, for it is for Me and I will give recompense for it, he leaves off his desires and his food for Me.’ for […]

BUSINESS

400 capital market operators to be de-register by SEC

Daily Dispatch June 6, 2017

The Securities and Exchange Commission (SEC) has threatened to revoke the registration of about 400 capital market experts and professionals if they failed to comply with the directive to provide updated information of their companies by July 31, 2017. This was made known in a circular issued by the commission yesterday in Abuja. According to […]

BUSINESS

Nigeria’s debt rises by N7.1t in two years

Daily Dispatch June 6, 2017

The nation’s total indebtedness to foreign and local creditors now stands at N19.16 trillion, the Debt Management Office has said. This is N1.8 trillion increase from the N17.36 trillion recorded at the end of December 2016. As of March 31, 2015, the country’s total debt stood at N12.06 trillion. This means the debt level increased […]

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Jonathan’s wrong choice of economic policies caused Nigeria recession-Soludo

Daily Dispatch June 6, 2017

A former governor of the Central Bank of Nigeria (CBN), Prof Chukwuma Soludo, has revealed how Nigeria’s economy got into recession. He attributed the economic woes facing Nigeria to the wrong choice of economic policies by former president, Goodluck Jonathan. Soludo disclosed this while speaking at an international conference organised by the Department of Business […]