BUSINESS

Climate Change: NNPC Ltd, US Govt., Deloitte Collaborate on Greenhouse Gas Emission Reduction from OML 34

Daily Dispatch February 5, 2024

The Nigerian National Petroleum Company Limited (NNPC Ltd) is working in collaboration with the United States Department of States and international management consultancy firm, Deloitte, to meet its net-zero carbon goals by embarking on a project aimed at reducing the emission of methane and

BUSINESS

NNPCL revenue with CBN boosts investor confidence in Nigeria — Cardoso

Daily Dispatch February 5, 2024

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has assured that recent move to relocate revenue of Nigeria National Petroleum Corporation Limited (NNPCL) and select MDAs to the CBN has boosted investor confidence in Nigeria’s economy. Olayemi Cardoso gave this assurance during an exclusive interview with Arise TV, Monday 5th of February […]

BUSINESS

Cancelled flight: Ibom Air fails to refund customer two months after

Daily Dispatch February 5, 2024

The management of Ibom air, owned by Akwa-Ibom State Government has failed to refund airfare of a customer over two months after cancellation of the flight ticket number 7082403626340 scheduled from Abuja to Lagos, a reservation earlier made for the customer The customer Dimeji Kayode-Adedeji had purchased to and fro ticket through an airline agent, […]

BUSINESS

Shell takes final investment decision on gas supply to Dangote

Daily Dispatch February 4, 2024

The Shell Petroleum Development Company of Nigeria Limited and its joint venture partners: Nigerian National Petroleum Company Limited, TotalEnergies EP Nigeria Limited, and Nigerian Agip Oil Company, have taken the final investment decision to build a dedicated upstream facility to supply 100 million standard cubic feet of gas per day to Dangote Fertiliser and

BUSINESS

Senate summons CBN gov over Naira free fall, worsening economy

Daily Dispatch January 31, 2024

Following the free fall of the nation’s currency, Naira, and the worsening state of the economy, the Senate on Wednesday, January 31, 2024 summoned the Governor of the Central Bank of Nigeria (CBN), Mr. Yemi Cardoso. The CBN Governor is to appear before the Senate on Tuesday, February 6 at 3p.m. Chairman of the Senate […]

BUSINESS

CBN concludes payment of all verified FX claims by airlines

Daily Dispatch January 30, 2024

The Central Bank of Nigeria, CBN, said it had fulfilled its pledge to clear the backlog of foreign exchange owed foreign airlines in the country. The apex bank said it did this by paying all verified claims with an additional $64.44 million to the concerned airlines. Confirming the figures on Tuesday, the Acting Director of […]