BUSINESS

CBN seeks to ease Naira pressure with $100 million auction

Daily Dispatch May 22, 2017

The Central Bank of Nigeria (CBN) plans to sell $100 million at a special wholesale spot and forwards auction on Monday as it tries to improve dollar liquidity and ease pressure on the Naira. Africa’s largest economy, grappling with a currency crisis brought on by low oil prices which

TOP STORIES

I’ll resign if Nigeria continues fuel importation by 2019 – Kachikwu

Daily Dispatch May 22, 2017

Minister of state for Petroleum Resources Dr. Ibe Kachikwu on Monday declared that he will quit from the government if he fails to deliver on the promise to end fuel importation in Nigeria by 2019. Speaking in an interview on BBC World Service programme, HardTalk, on Monday, Kachikwu vowed he would deliver on the refineries and […]

INTERNATIONAL NEWS

Terrorists do not worship God, they worship death – Trump

Daily Dispatch May 22, 2017

U.S. President Donald Trump has said that it was imperative for young Muslim boys and girls to know that terrorists were not worshipping God, but worshipping death. Trump, who made the appeal at the Arab Islamic American Summit in Saudi Arabia, enjoined young Muslims to grow up free from fear, safe from violence, and innocent of hatred. […]

NEWS

Ganduje frees 50 prison inmates

Daily Dispatch May 22, 2017

50 inmates serving different jail term at the Kurmawa central prison Kano regain their freedom as  part of the state’s 50th anniversary celebration. The State Governor, Dr Abdullahi Umar Ganduje who freed the inmates during his visit to the prison stated that the gesture to free the inmates is in connection with the line of […]

BUSINESS

[BREAKING] OPEC ministers meet in Vienna on Thursday

Daily Dispatch May 22, 2017

Ministers from oil exporting countries have been scheduled to meet in Vienna, Austria on Thursday. The meeting is intended to discuss oil production cuts amid increased competition from U.S. shale producers. According to the information available on the Organisation of the Petroleum Exporting Countries website, it is the organisation’s 172nd meeting. The OPEC Secretariat

LEAD STORY 1

Late Aminu Kano’s wife dies at 89

Daily Dispatch May 22, 2017

Hajiya Shatu Aminu Kano, the wife of the late Malam Aminu Kano, is dead. Alhaji Aminu Kabara, a grandson to the deceased, who made the announcement, said Shatu died at the age of 89 on Sunday night after a prolonged illness. Her death is coming 34 years after the demise of her husband late Aminu […]