BUSINESS

NNPC Ltd: An All-round Asset to Nigeria

Daily Dispatch August 4, 2024

By Olufemi Soneye In its editorial of 2nd August, 2024, the BusinessDay newspaper, characteristically, launched another scurrilous and baseless attack on the Nigerian National Petroleum Company Limited (NNPC Ltd). In the editorial entitled: “NNPCL: Liability or Asset to Nigerians?”, the

BUSINESS

UBA ranked most visited banking website in Nigeria ahead of others

Daily Dispatch August 1, 2024

Due to the availability of online banking, certain banks have seen a growth in their digital channels Semrush data shows that the UBA is ranked number one, with 2.36 million visits in June 2024. In June, Paystack customers accounted for 2.23 million visits, making them the second-highest visitors. Some banks have seen an increase in […]

BUSINESS

FG set to sell 50kg bag of rice for N40, 000

Daily Dispatch July 30, 2024

The Federal Government has called for calm on the proposed nationwide protest, saying it had created centres across the country where Nigerians can purchase a 50kg bag of rice for ₦40,000. This was disclosed by the Minister of Information and National Orientation, Mohammed Idris while briefing correspondents on the outcome of the Federal Executive Council […]

BUSINESS

Despite operational challenges, NNPC Ltd’s state of emergency on crude oil production yields 1.61mbpd in July 2024

Daily Dispatch July 29, 2024

The declaration of a state of emergency by the Nigerian National Petroleum Company Limited [NNPC Ltd] on crude oil production has yielded a positive outcome with the increase recorded in daily production from 1.25 million barrels per day [mbpd] in June to 1.61mbpd as of July 23, 2024. Group Chief Executive Officer of NNPC Ltd, […]

BUSINESS

NAMA suspends planned 800% hike in navigation service charges

Daily Dispatch July 29, 2024

The Nigerian Airspace Management Agency (NAMA) has suspended the planned 800 percent increase in airline navigation service charges. In a statement on Monday, NAMA said the increase, scheduled to take effect in September, was suspended after an intervention by Festus Keyamo, minister of aviation and aerospace development. “Following the intervention of HM @fkeyamo, NAMA

BUSINESS

Aliko Dangote Refinery: Power pass Power.

Daily Dispatch July 26, 2024

By Taiwo Olanegan. When the news broke that Dangote refinery would be sited in Ondo coastal region, I got so excited and happy about the news l raised it up at a thanksgiving and prayer time in our local church then. Not kidding. If you have been to, worked, or lived in a petroleum refinery […]