BUSINESS

BDCs Set Forex Rate At N399 To The Dollar, Meets With CBN Gov.

Daily Dispatch January 10, 2017

Nigeria’s bureau de change operators set their first ever reference exchange rate for the naira at 399 to the dollar on Tuesday, saying they wanted to help reduce the gap with the official interbank rate. The government has been pressing retail operators to narrow what it says is a

NEWS

Breaking News: Ali Ndume Sacked As Senate Leader, Replace With Lawan

Daily Dispatch January 10, 2017

The All Progressives Congress caucus in the Senate on Tuesday sacked Senator Ali Ndume as the Senate Leader. Senator Ahmad Lawan was however named as replacement. The decision to sack Ndume was contained in a letter to the Senate by the APC caucus. Ndume, who was not at plenary when the decision was announced, expressed […]

NEWS

Replace Akinwande Now- Senate Tells Buhari

Daily Dispatch January 10, 2017

Following his refusal to appear before Senate screening Committee the Senate on Tuesday asked the President Muhammadu Buhari to replace Prof. Akintunde Akinwande as the Chairman-designate of Nigeria Electricity Regulatory Commission. Akinwande had refused to appear before the Senate Committee that screened other members of the NERC Board. Report has it that in October

NEWS

Kanu’s Trial Resume Amidst Tight Security

Daily Dispatch January 10, 2017

By Peter Richard As trial of Nnamdi Kanu begins today, armed security personnel which comprises of mobile police officers and operatives of the Department of  State Security service mounted tight security at the court premises barring visitors. But for the intervention of Kanu’s lawyer journalists were initially barred from entering the court building by security […]

Sport

FC Ifeanyi Uba Will Fall-Rangers Capt

Daily Dispatch January 10, 2017

Rangers FC players on Tuesday vowed to beat FC Ifeanyi Uba in the 2016/2017 Charity Cup to re-emphasis their superiority in Nigerian football. The News Agency of Nigeria (NAN) reports that the Charity Cup between Rangers International FC of Enugu and FC Ifeanyi Uba of Nnewi will take place in Abuja on Wednesday. NAN recalls […]

NEWS

Dangote Cement lifts NSE indices

Daily Dispatch January 10, 2017

It was a positive trading day on the Nigerian Stock Exchange (NSE) on Monday with the market indices appreciating by 1.25 per cent, amid gains by some highly capitalised equities, as Dangote Cement led the gainers’ table, growing by N2 to close at N169 per share. Followed by Guaranty Trust Bank with a gain of N1.06 […]