BUSINESS

Nigeria will soon recover from recession – World Bank

Daily Dispatch March 16, 2017

The World Bank has said that Nigeria will soon recover from its economic recession. Eme Essien-Lore, the Country Manager in Nigeria, International Finance Corporation, stated this in Lagos on Thursday. ”In our perspective and with the numbers that we have seen coming from the World Bank and the

BUSINESS

Breaking: Aero Contractors sacks 900 workers

Daily Dispatch March 16, 2017

Aero Contractors, which is under the management of the Asset Management Corporation of Nigeria, has sacked about 900 workers, representing 60 per cent of the work force. Letters of redundancy were issued to the affected employees during the week. The Media Consultant to the 58 year-old airline, Simon Tumba, confirmed the development in a statement […]

NEWS

More trouble for Hameed Ali as Reps order probe

Daily Dispatch March 16, 2017

On a day Colonel Hameed Ali, who heads the Nigerians Customs Service, faced the wrath of the Senate for not wearing his uniform, his agency became the subject of another probe at the House of Representatives. The House on Thursday in Abuja mandated its Committee on Customs and Excise to investigate the failure of the […]

NEWS

You are the father of corruption in Africa – Fayose bombs Obasanjo

Daily Dispatch March 16, 2017

Ekiti State Governor, Ayodele Fayose has launched yet another verbal attack on former President Olusegun Obasanjo, describing him as the father of corruption in Africa. Fayose warned Obasanjo to stop deceiving the world with his anti-corruption sermons. Governor Fayose, was reacting to a recent comment attributed to Obasanjo when he said African leaders should ensure […]

Politics

Six Kogi Assembly PDP legislators defect to APC

Daily Dispatch March 16, 2017

Six members of the Kogi State House of Assembly elected on the platform of the Peoples Democratic Party have defected to the All Progressives Congress. The members, in a joint notification letter to the Speaker, Alhaji Umar Imam, cited “factional squabbles” in the PDP as being responsible for their action. Imam, while reading the letter […]

NEWS

EFCC arrests ‘Sheikh’ over N11m internet fraud

Daily Dispatch March 16, 2017

The Economic and Financial Crimes Commission has arrested one Saheed Omoniyi over an alleged N11 million fraud perpetrated through the Internet. Ayo Oyewole, the Head of Public Affairs, EFCC, Ibadan Zonal Office, told newsmen in Ibadan, Oyo State on Thursday that Omoniyi, 24, lured his victims to defraud them by posing as a renowned Islamic […]