Politics

Don’t shield Kashamu From Extradition: Group Warns Oyegun

Daily Dispatch February 2, 2017

  Abuja-based group, the Society for Rule of Law in Nigeria (SRLN) has slammed the National Chairman of the All Progressives Congress (APC), Chief Odigie Oyegun over his reported promise to save the embattled Senator representing Ogun East, Buruji from being extradited to the United States

Uncategorized

TCN To Complete 11 Power Plant 2017

Daily Dispatch February 1, 2017

The Transmission Company of Nigeria (TCN) says it will complete 11 transmission projects to boost power supply in the country by the end of 2017. The Managing Director of TCN, Mr Abubakar Atiku, made the disclosure on Wednesday in Abuja, Nigeria’s capital. Mr Atiku expressed hope that the completion of the projects would increase electricity […]

Politics

Andy Uba Defects To APC

Daily Dispatch February 1, 2017

Senator Andy Uba, representing Anambra South Senatorial zone under the platform of the People’s Democratic Party (PDP), has defected to ruling party, All Progressive Congress APC. Uba disclosed this at a news briefing on Wednesday in his home country, Uga, Aguata Local Government Area of the state. The Senator said that he joined the APC […]

BUSINESS

CBN sells $660 million Forwards to Clear Backlog of Dollar Demand – Traders

Daily Dispatch February 1, 2017

The Central Bank of Nigeria (CBN) has sold $660 million in three- and five- month currency forwards at an auction aimed at clearing a backlog of dollar demand, traders said on Wednesday. Last Wednesday, the central bank had asked commercial lenders to bid in a special currency auction targeted at clearing backlog of dollar obligations […]

LEAD STORY 1

Fayemi Slam N3b Suit Against Lawmaker in Ekiti, Fayose’s Aide

Daily Dispatch February 1, 2017

For allegedly using offensive statements on former Governor of Ekiti State and Minister of Mines and Steel Development, Dr. Kayode Fayemi, has instituted a liable suit against a member of Ekiti House of Assembly, Dr Samuel Omotoso and Special Assistant on New Media and Public Communications to Governor Ayodele Fayose, Mr Lere Olayinka. The minister […]

BUSINESS

BREAKING: Nigeria Secures $1.5b Chinese Loan for Lagos-Ibadan Rail

Daily Dispatch February 1, 2017

  The proposed $1.5 billion (about N450 billion) counterpart funding from China for the Lagos-Ibadan rail project set to commence in March, has been secured by the Federal Government. The Minister for Transportation, Rotimi Amaechi, made the disclosure on Wednesday when he appeared before the Gbenga Ashafa-led Senate committee on land transport to give report […]