BUSINESS

NNPC Says Crude Oil Production, Price Benchmark for 2024 Budget Realistic

Daily Dispatch December 13, 2023

… Pledges to Maintain Level of Dividends Projected in MTEF The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has assured that the projections on crude oil production and price benchmark for the 2024 Budget were realistic and realizable. The Group Chief Executive Officer (GCEO) of the

BUSINESS

Entrepreneurs, customers relive experience at Polaris Bank sponsored Fashion Souk

Daily Dispatch December 13, 2023

…Shoppers and Vendors Applaud Bank as Lead Sponsor Polaris Bank, Nigeria’s premier digital retail Bank, showcased its unwavering commitment to supporting MSMEs by taking center stage as the headline sponsor of the recently concluded two-day Fashion Souk in Lagos. The Fashion Souk, an electric congregation of fashion enthusiasts, witnessed a surge of businesses eager

BUSINESS

Airlines to pay passengers for delay, cancelled flights in 2024 – Keyamo

Daily Dispatch December 13, 2023

The Minister of Aviation and Aerospace, Festus Keyamo, has said regulators will force airlines to compensate passengers for delayed or cancelled flights from January 2024. Keyamo spoke while appearing before the National Assembly joint committee on aviation to defend his ministry’s budget for the 2024 fiscal year on Tuesday. According to Keyamo: “I said on […]

BUSINESS

FG to unbundle TCN into two entities

Daily Dispatch December 13, 2023

As part of the reform of the nation’s electricity sector, the Federal Government has announced plans to unbundle the Transmission Company of Nigeria (TCN) into two distinct entities. TCN is to be restructured into the Independent System Operator (ISO) and the Transmission Service Provider (TSP). The decision came on the heels of incessant power grid […]

BUSINESS

Union Bank pledges improved access to Capital for Small Businesses at BusinessDay 100 SME Conference

Daily Dispatch December 12, 2023

Foremost financial institution, Union Bank of Nigeria, has reiterated its commitment to providing easy access to capital for Small and Medium-sized Enterprises in the country to boost the growth and profitability of the sector. This assertion was made at the 2023 edition of the ‘Top 100 Fastest Growing SMEs in Nigeria’ conference recently hosted by […]

BUSINESS

How CBN’s naira re-design rendered farmers empty financially – FG

Daily Dispatch December 11, 2023

The Federal Government on Monday said the naira redesign policy carried out by the Central Bank of Nigeria from December 15, 2022, to early February this year when the Supreme Court ruled against it, ran farmers bankrupt. In a similar lamentation, federal lawmakers declared that the rate of hunger and famine in the land is […]