BUSINESS

Crude oil theft: Destruction of vessels by military to conceal evidence — Lawmaker

Daily Dispatch November 7, 2023

Vice Chairman, Senate Committee on Environment, Sen. Ned Nwoko (PDP-Delta), says the destruction of vessels apprehended for carrying illegal goods/stolen crude oil by the military is to conceal/destroy evidence. Nwoko said this while speaking with the News Agency of Nigeria (NAN) in Abuja. He

BUSINESS

Nigeria lost N4.3tn to oil theft in five years – FG

Daily Dispatch November 7, 2023

The Federal Government, on Monday, revealed that more than N4.3tn worth of crude oil was stolen in 7,143 pipeline vandalism cases within a period of five years. It disclosed this at the Nigeria International Pipeline Technology and Security Conference in Abuja, with the theme, ‘Bolstering Regulations, Technology and Security for Growth.’ The conference was organised […]

BUSINESS

Top 10 Agro-Innovators Emerge For Agriculture Summit Africa 2023

Daily Dispatch November 7, 2023

The 2023 edition of Sterling’s Agriculture Summit Africa (ASA) has reached the penultimate stage with revealing of the top ten innovators to pitch for grants at the highly anticipated 5th edition of its annual event. This year’s summit will be an incubator-style investors’ deal room tagged ‘AgroPitch.’. The shortlist comes as an outcome of an […]

BUSINESS

NNPC Ltd working with NEITI, other stakeholders to reconcile NEITI’s 2021 report – CCCO

Daily Dispatch November 7, 2023

The Nigerian National Petroleum Company Limited (NNPCL) will continue to collaborate with the Nigeria Extractive Industries Transparency Initiative (NEITI) and all relevant stakeholders in the Reconciliation Committee set up by President Bola Tinubu to investigate, review and reconcile the financial records on alleged indebtedness to the Federation by both NNPC Limited and

BUSINESS

Cardoso: CBN, on my watch, will curtail inflation, maintain price stability

Daily Dispatch November 5, 2023

Governor of the Central Bank of Nigeria, Olayemi Cardoso, said the CBN, under his leadership, would focus mainly on the core mandate of price stability. Cardoso said he and his team were determined to change the narrative about the CBN and make the apex bank more impactful on the lives of Nigerians by curtailing inflation. […]

BUSINESS

Unity Bank Records N38.2 Billion Gross Earnings in Q3’23

Daily Dispatch November 3, 2023

Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, an indication of business growth and customer confidence in the Bank.  A review of the lender’s unaudited nine-month results released to the Nigerian […]