BUSINESS

Naira will appreciate – Presidency tells FX speculators

Daily Dispatch March 21, 2024

The Presidency has warned forex speculators that the Naira will soon appreciate. President Bola Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, urged speculators to quickly dump their dollars to avoid “tears”. Onanuga was reacting to the Central Bank of Nigeria, CBN,

BUSINESS

CBN: We’ve cleared valid FX transactions, increased external reserve to highest in eight months

Daily Dispatch March 21, 2024

The Central Bank of Nigeria said all valid foreign exchange backlogs had now been settled, fulfilling a key pledge of the CBN Governor, Olayemi Cardoso, to process an inherited backlog of $7 billion in claims. This was disclosed by the CBN’s Acting Director of Corporate Communications, Hakama Sidi Ali, in Abuja on Wednesday. Ali noted […]

BUSINESS

Agriculture: We are working towards food sufficiency, export of cash crops-Zulum

Daily Dispatch March 21, 2024

Borno State Governor, Prof. Babagana Zulum has said his state is working towards attaining food sufficiency and the export of cash crops and other farm products such as maize and cassava, among others. The governor stated this on Tuesday at the Koiri irrigation farm, one of the pilot drip irrigation schemes of his administration. Koiri […]

BUSINESS NEWS

Kyari Calls for Differentiated Energy Transition for Africa

Daily Dispatch March 19, 2024

…Says FID on Nigeria Morocco Gas Pipeline to be Taken in December  As global calls for transition to cleaner energy fuels continue to grow, the Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC) Ltd. Mr. Mele Kyari has advocated for a differentiated approach to attaining energy transition for the African continent.Kyari, who […]

BUSINESS

FG seeks $1bn World Bank loans for IDPs, Agriculture

Daily Dispatch March 19, 2024

The Federal Government is in talks with the World Bank to complete the processes of obtaining over $1bn loans to address the challenges facing Internally Displaced Persons and their host communities, as well as boost rural access and agricultural marketing in the country. The request was contained in World Bank documents titled, ‘Solutions for the […]

BUSINESS

At Polaris Bank IWD Webinar, Guest Speakers Advocates Empowering Opportunities for Women

Daily Dispatch March 18, 2024

…as CEO, Kayode Lawal highlights the indispensable contributions of women to societal progress, economic development Lagos, Nigeria: March 15, 2024 – Polaris Bank’s International Women’s Day (IWD) webinar themed: ‘Empowering Voices: Women Leading Change,’ offered a dynamic platform for insightful conversations. The 2024 International Women’s Day