BUSINESS

NSE: Dangote Cement Records Highest Price Growth

Daily Dispatch March 17, 2017

Activities on the Nigerian Stock Exchange ended the week on Friday on a bullish trend with the All-Share Index appreciating by 0.92 per cent. The News Agency of Nigeria reports that the index grew by 235.08 points or 0.92 per cent to close at 25,653.16 compared with 25,418.08 posted on

NEWS

Delta Government Paid N24m Into Account Of Judge Who Has $650,000 – Witness

Daily Dispatch March 17, 2017

As the trial of Justice Rita Ofili-Ajumogobia of a Federal High Court for alleged corruption continues in Lagos on Friday, a witness, Uchenna Okaranwolu, told an Ikeja High Court that the Delta State Government paid N24 million into the bank account of the judge. Okaranwolu, an insurance salesman, was a former staff of Access Bank […]

BUSINESS

NNPC To Recover N11b Missing Petrol From Capital Oil

Daily Dispatch March 17, 2017

The Nigerian National Petroleum Corporation on Friday announced measures to achieve full recovery of over 130 million litres of Premium Motor Spirit, also known as petrol, stored in the facilities of two indigenous downstream operators, MRS Limited and Capital Oil & Gas Limited, under a throughput arrangement to ensure a robust strategic reserve. Providing details […]

BUSINESS

Only 214 Wealthy Nigerians Pay Tax In Excess Of N20m – FG

Daily Dispatch March 17, 2017

The Minister of Finance, Kemi Adeosun has disclosed only 214 Super rich Nigerians pay income tax in excess of N20 million yearly, others are tax dodgers. Adeosun, tabled this sobering information before the National Economic Council and blamed the situation on why Nigeria posts one of the lowest tax per GDP ratio in the world. Adeosun […]

NEWS

Man gets 6 years jail term over a N7.8m love scam

Daily Dispatch March 17, 2017

The Economic and Financial Crimes Commission (EFCC) has secured the conviction and sentencing of an internet fraudster, Akintunde Vincent Abiodun. Abiodun, who preferred to use the name: ‘Christopher Williams’, got the ruling from the Justice Oluwatoyin Ipaye of the Lagos state High Court, Ikeja. The 37-year-old convict was arraigned on January 23, 2017 on an

NEWS

Dasuki: Court Knocks Off EFCC’s Witness

Daily Dispatch March 17, 2017

An Abuja High Court has knocked off an operative of the Economic and Financial Crimes Commission, Michael Adariku, who was billed to testify against the former National Security Adviser, Colonel Sambo Dasuki, in the charges brought against him by the Federal Government. Dasuki, through his counsel, Joseph Daudu, had protested vehemently against the inclusion of […]