BUSINESS

Sterling Commits N1 billion to Agro-Innovators for ASA 2023

Daily Dispatch October 26, 2023

Agric Summit Africa (ASA), known for its significant contributions to the agriculture sector, proudly announces the forthcoming 5th edition of its annual event. This year’s event, themed “Empowering Innovations: A Confluence of Capital, Vision, and Agribusiness Enterprise,” is

BUSINESS

United States supports 18,000 Nigerian-owned Small Businesses to Access $244 Million in Agricultural Investments

Daily Dispatch October 25, 2023

The United States Government has assisted more than 18,000 small businesses, also known as micro, small, and medium enterprises (MSMEs) to access 188 billion Naira ($244 million) in agricultural investment. A statement on Wednesday by the USAID read that: The U.S. government, through the U.S. Agency for International Development (USAID), celebrated the achievements of the

BUSINESS

Fidelity Bank boosts Nigeria’s Non-oil Exports with FITCC Houston

Daily Dispatch October 25, 2023

…Signs $40million deal with AFREXIM Bank and JohnVents Industries for cocoa export The much-anticipated second edition of the Fidelity International Trade and Creative Connect (FITCC) got off to a boisterous start on Tuesday, 24 October 2023 as leading financial institution -Fidelity Bank Plc -hosted a broad range of businesses, regulators, members of the diplomatic corps

BUSINESS

Tax Default: Tribunal orders MTN to pay $72.5m fine to FIRS

Daily Dispatch October 25, 2023

The Lagos state division of Tax Appeal Tribunal has ordered MTN Nigeria Communications to pay the sum of $72, 551, 059, in tax default to the Federal Inland Revenue Services. The fine covers for 2007 to 2017. However, the Tribunal absolved the telecommunication firm from paying the sum of $21,039,807, as penalties and interest on […]

BUSINESS

Reps invite CBN governor over plans to lift forex restriction on 43 items

Daily Dispatch October 24, 2023

The House of Representatives has resolved to invite the Governor of the Central Bank of Nigeria (CBN) over the bank’s decision to lift the restriction on forex supply on 43 imported items. The decision was sequel to a unanimous adoption of a motion by Rep. Sada Soli (APC-Katsina state) at plenary on Tuesday. Some of […]

BUSINESS

Energy Accountability: Kaduna Electric commences installation of new meters to maximum demand customers

Daily Dispatch October 23, 2023

In an effort to ensure energy accountability and more accuracy in its billing, Kaduna Electric is currently installing new meters to all Maximum Demand (MD) customers across the company’s franchise. Inspecting the progress of work in Kaduna, a team of engineers from the company, led by the Chief Commercial Officer, Engr. Asma’u Ahmed and the Head, […]