BUSINESS

Oil falls as signs of U.S. output rise overshadow OPEC-led cuts

Daily Dispatch January 23, 2017

Oil prices fell one percent on Monday as signs of a strong recovery in U.S. oil drilling activity outweighed news that OPEC and non-OPEC producers were on track to meet output reduction goals set in December. Global benchmark Brent crude prices LCOc1 were down 49 cents at $55 a barrel at 1221

BUSINESS

European stocks hit three-week low as Trump reality sets in

Daily Dispatch January 23, 2017

European stocks and bond yields dropped on Monday and the dollar hit a six-week low after U.S. President Donald Trump began his term in office with a protectionist speech that pushed a nervous market into safe-haven assets. World stocks hit multi-year highs earlier this month on expectations Trump would boost growth and inflation with extraordinary […]

BUSINESS

Daily Dispatch January 23, 2017

Statistics from the Central Bank have shown that Nigeria’s Foreign Exchange reserves rose by 15 per cent in the fourth quarter of 2016. The reserves which now tops 27.4 billion dollars as at January 19, increased by 3.6 billion dollars from 23.8 billion dollars on October 19. The report also indicates a 1.6 billion dollars […]

Politics

Another Jonathan’s Minister Defects To APC

Daily Dispatch January 23, 2017

A former minister of labour and productivity under the Goodluck Jonathan administration Joel Ikenya on Monday defected to the ruling All Progressives Congress (APC). News Agency of Nigeria (NAN) reports that Ikenya, who is from Taraba state, told journalists on Monday, January 23 in Jalingo, the state capital that his defection was informed by the […]

NEWS

Southern Kaduna Security: FG To Provide Two Military Battalions

Daily Dispatch January 23, 2017

The Senior Special Adviser, (Media and Publicity) to the President, Garba Shehu has disclosed that the normalcy will soon return to the people of Southern Kaduna as the President has ordered the establishment of two military units to provide security in the area. Mr Shehu gave the assurance while speaking on Channels Television’s breakfast show, […]

TOP STORIES

General, 5 Others Dead As Helicopter Fighting Boko Haram Crashes

Daily Dispatch January 23, 2017

A Cameroonian helicopter on a mission to fighting Boko Haran terrorists have crashed. The helicopter crashed during an inspection mission. The military helicopter was said to have crashed on the country’s border with Nigeria killing the commander of the troops Jacob Kodji. A Cameroonian newspaper reports that Kodji died on Sunday, January 22, after the […]