BUSINESS

Niger Agog, as Tinubu launches multi-billion Naira Agro Zone, Airport in Minna

Daily Dispatch March 9, 2024

All is now set for the flag-off of the Agro Processing Zone in Minna, Niger State, and the commissioning of the Minna Airport by President Bola Ahmed Tinubu on Monday. The Governor of the State, Rt Hon Mohammed Umaru Bago, made the disclosure in Minna, Niger State capital, when the national

BUSINESS

Bank of Ghana suspends GT Bank, First Bank’s Forex Licences over regulatory breaches

Daily Dispatch March 5, 2024

The Central Bank of Ghana, otherwise known as Bank of Ghana, has reportedly suspended the foreign exchange licences of Guaranty Trust Bank and First Bank of Nigeria for alleged regulatory breaches.In a statement issued by the apex bank, on Tuesday, the bank said that the suspension would commence on March 18.This comes barely three months […]

BUSINESS

FG grants 200 exhibitors at Ogun MSME Clinics N150,000 cash reward

Daily Dispatch March 5, 2024

…additional 200 shop owners at Adire market to get N100,000 each The Federal Government has announced a N150,000 cash reward for every exhibitor at the 2nd edition of the national Micro, Small and Medium Enterprises (MSME) clinic. A grant of N100,000 will also be given to over 200 owners of new stores at the Modern […]

BUSINESS

Investors oversubscribe CBN N1trn OMO bills

Daily Dispatch March 4, 2024

The Central Bank of Nigeria (CBN) has successfully concluded the sale of government securities following the issuance of N1.053 trillion (680 million dollars) in short-term instruments. A statement issued on Sunday night by CBN’s Acting Director, Corporate Communications Department, Mrs Hakama Sidi, stated that the sale is part of its liquidity management exercise. Sidi

BUSINESS

Forex: Court strikes out charge against 19 BDC operators

Daily Dispatch March 4, 2024

Justice Lewis Allagoa of a Federal High Court in Lagos, on Monday, struck out the charge against 19 Bureau De Change (BDC) Operators, following the withdrawal of the case. The suspects are Ibrahim Jubril, Abdullahi Abubakar, Ibrahim Hassan, Adamu Isiaka, Ibrahim Abdulrahman, Jubril Hassan, Mohammed Isoaka, Mohammed Aminu and Adamu Ibrahim. Others  are Hassan Amadu,

BUSINESS

The Alternative Bank gosters rural economic growth in Katsina

Daily Dispatch March 3, 2024

The Katsina State Government via the State Governor, His Excellency, Dikko Radda, has aligned with The Alternative Bank’s mission to support rural economies through innovative financial solutions, tailored to empower local businesses and stimulate sustainable development across the state. This official endorsement marks a significant milestone for The Alternative Bank as