BUSINESS

Ogun woos foreign, domestic investors to boost development

Daily Dispatch July 26, 2024

Ogun State Government has invested massively in the security architecture by providing security agencies with modern crime-fighting tools to secure lives and properties in the State, the state Commissioner for Finance, Mr. Dapo Okuboyejo said on Friday. Okuboyejo, who is also Chief Economic

BUSINESS

FG intervene in Dangote, NMDPRA fights over

Daily Dispatch July 23, 2024

Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, on Monday intervened in the open disagreement between the Dangote Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) over the state and quality of products from the new 650,000 barrel-per-day refinery. In an apparent move to stop the altercations between the two

BUSINESS

Dangote angry over monopoly allegation, drops planned Steel investment

Daily Dispatch July 22, 2024

Aliko Dangote, Africa’s richest man, has decided to drop the plans to invest in a new steel plant in Nigeria after the government accused him of monopoly with his new refinery in the West African nation. “Our own board has decided that we should not have the steel plant. If we do, we will be […]

BUSINESS

Nigeria, Egypt work at improving volume of trade

Daily Dispatch July 22, 2024

Egyptian Ambassador to Nigeria, Mohamed Fouad has decried the volume of trade between Egypt and Nigeria which stood at $190 million in 2023, stating that conceited efforts are already on to improve it. Speaking at the commemoration of Egypt’s 72nd anniversary of the 23rd July Revolution in Abuja, the envoy who expressed suprise at the […]

BUSINESS

Governor Ododo seeks improved collaboration with Work Bank Group

Daily Dispatch July 22, 2024

Kogi State Governor, Ahmed Usman Ododo has called for improved collaboration with the World Bank Group in the implementation of development projects in critical sectors of the state’s economy. Governor Ododo made the call when he paid a working visit to the new Country Director of the World Bank Group in Nigeria, Dr Ndiame Diop […]

BUSINESS

Inferior Fuel: “We will not engage in a media fight with anybody – NMDPRA

Daily Dispatch July 22, 2024

…..as FG Demands Dangote Refinery’s Diesel Report, Orders New Test The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, is expecting fresh reports to confirm the real sulphur content of the diesel produced by the Dangote refinery as the company debunked claims of inferior fuel production. The NMDPRA spokesman, George