BUSINESS

NNPC Ltd woos South Korean investors for gas projects

Daily Dispatch January 30, 2024

…Felicitates Temile Devt. Company on Acquisition of LPG Carrier  The Nigerian National Petroleum Company Limited (NNPC Ltd) has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria. The discussions which held in Seoul, South Korea,

BUSINESS

FG invites Nigerian youths to apply for N500,000 grants, startup toolkits

Daily Dispatch January 30, 2024

In a bid to  stimulate the natural entrepreneurial spirit of Nigerians and empower more citizens to be self- reliant, the Federal Government on Monday commenced taking applications from  artisans, trainees and technicians who are interested in getting a cash grant of #500,000 (Five hundred thousand naira) to support their enterprise. The Office of the Senior […]

BUSINESS

1,500 CBN staff to resume in Lagos Friday

Daily Dispatch January 30, 2024

No fewer than 1,500 redeployed members of staff of the Central Bank of Nigeria (CBN) will on Friday, February 2, 2024, resume at Lagos office of the apex bank. According to a report by The PUNCH, quoting a CBN source, the plan to move some staff to the Lagos office of the bank, though heavily […]

BUSINESS

Yobe woos investors for investment into sesame seeds, Gum Arabic

Daily Dispatch January 29, 2024

Yobe state Governor, Hon. Mai Mala Buni is seeking investment into the state, promising to create enabling environment to woo investors for direct and indirect investment in production and processing of sesame seed, gum Arabic, and livestock to enhance economic growth. Reacting to the ranking of states on ease of doing business in Nigeria, Governor […]

BUSINESS

CBN releases $500m to clear verified forex backlog

Daily Dispatch January 29, 2024

The Central Bank of Nigeria says it has released $500m to various sectors in its determination to address the backlog of verified foreign exchange transactions. Its Acting Director, Corporate Communications Department, Mrs Hakama Sidi-Ali, disclosed this in a statement on Monday in Abuja. According to Sidi-Ali, this comes barely a week after the apex bank […]

BUSINESS

Transparency: Kyari insists no public fund withheld, as EITI rates NNPCL high in compliance

Daily Dispatch January 29, 2024

Global transparency body, Extractive Industries Transparency Initiative (EITI), has scored the Nigerian National Petroleum Company Limited (NNPC Ltd) very high in its latest global assessment. This was disclosed by EITI’s Deputy Executive Director, Mr. Bady Baldé, during a visit by an EITI delegation to the Group Chief Executive Officer of the NNPC Ltd, Mr Mele […]