BUSINESS

Etisalat may leave Nigeria over $1.2bn loan defaul

Daily Dispatch March 14, 2017

Abu Dhabi telecoms group, Etisalat, may sell its stake in Etisalat Nigeria, which has defaulted on a $1.2bn loan, but wants the company’s debt restructured before it does so, Reuters quoted two sources as informing it on Monday. The Central Bank of Nigeria and the Nigerian Communications

NEWS

MOTHER OF 3 KILLED AS BUILDINGS COLLAPSE IN OGUN

Daily Dispatch March 13, 2017

Omooba Risawe A Housewife, Modupe Bankole has been killed in a house collapse in Abeokuta,Ogun State Capital,just as another seperate four storey building collapsed,but no casualty recorded. The building collapse which claimed the life of the 51 year old mother of three occured in Olomore area of the town,that of the storey building happened at […]

BUSINESS

SON discovers Twin Four-storey Buildings Filled With Expired Products Discovered by SON

Daily Dispatch March 13, 2017

A suspected cosmetics and wine importer who specialises in changing the expiry dates on products and putting new ones have been arrested by the Standards Organisation of Nigeria. The importer, Mr. Joseph Udeh, owner of Jouf Nigeria Limited, Kirikiri Road, Apapa, Lagos, is said to be a major dealer in popular cosmetics and home products. […]

NEWS

Fayemi: FG to make coal sites available to ‘serious power companies’

Daily Dispatch March 13, 2017

Determined to improve power generation in the country, the Federal Government is set to make coal sites available to serious-minded power companies operating in the country. The Minister of Mines and Steel Development, Dr Kayode Fayemi, stated this in Tarfa, Kaduna State on Monday during a facility tour of the African Steel Mill Complex, where […]

NEWS

AIB’s verdict: Human Error Caused 2012 Dana Plane Crash

Daily Dispatch March 13, 2017

The Accident Investigation Bureau on Monday said the June 3, 2012 Dana Air crash was caused by engine failure and inappropriate decision making by the crew. The AIB Commissioner, Akin Olateru, disclosed this while presenting final reports on the crash and three other serious incidents. The Boeing MD-83 aircraft with registration number 5N-RAM, which was […]

Politics

Makarfi Denies Receiving N50m From Governors, …..says ‘a lie, cheap and unitelligent attempt’ to blackmail committee members

Daily Dispatch March 13, 2017

The factional chairman of the Peoples Democratic Party (PDP) Senator Ahmed Makarfi  has denied allegation that it was collecting N50 million monthly subvention from governors on the party’s platform. Makarfi who spoke through the Publicity Secretary, Mr Dayo Adeyeye, Adeyeye described the allegation as “a lie, cheap and unintelligent attempt’’ to blackmail the committee