BUSINESS

Shell achieves top level share rise over focus on core oil and gas business

Daily Dispatch October 17, 2023

Oil major, Shell Plc shares hit a record high as rising energy prices as the company announces plans focusing on the core oil and gas business which has attracted investors. Shares of the company rose as high as 2,763 pence in London on Monday, marking a threefold increase from the pandemic-era

BUSINESS

The Alternative Bank Debuts with spectacular multi-city launch

Daily Dispatch October 16, 2023

The Alternative Bank, Nigeria’s newest entrant into the financial services sector, launched in spectacular fashion by holding simultaneous launch events in three major cities across the country – Lagos, Abuja, and Kano, making it the first synchronized multi-city brand launch in Nigeria’s history. The Alternative Bank is the ethical banking subsidiary of Sterling

BUSINESS

Shell confirms leak from Bayelsa flow station, begins probe

Daily Dispatch October 13, 2023

The Shell Petroleum Development Company of Nigeria has confirmed the October 3 oil spill from its facilities at Peremabiri community in Southern Ijaw Local Government Area of Bayelsa State. Michael Adande, a Spokesperson for SPDC, confirmed the development to the News Agency of Nigeria on Friday. Adande said a Joint Investigative Visit to the incident […]

BUSINESS

Another Set of 50 Winners emerge in monthly draw of ongoing Polaris “Save n Win” promo

Daily Dispatch October 13, 2023

Another set of 50 lucky Nigerians have emerged winners in the monthly draw of ongoing Polaris “Save N Win” promo. The draw which took place at the Polaris Bank Headquarters in Victoria Island, Lagos last weekend, is in line with the Bank’s commitment to rewarding its esteemed customers. The draw event was witnessed by representatives […]

BUSINESS

FULL LIST: 43 Items CBN lifts Forex restrictions on

Daily Dispatch October 12, 2023

The Central Bank of Nigeria (CBN) has finally lifted the foreign exchange restrictions it placed on importers of 43 items eight years ago.Here are the 43 items: Rice Cement Margarine Palm kernel Palm oil products Vegetable oils Meat and processed meat products Vegetables and processed vegetable products Poultry and processed poultry products Tinned fish in […]

BUSINESS

Nigeria’s economic reforms targets $1trn GDP growth in eight years – Cardoso

Daily Dispatch October 12, 2023

CBN governor, Mr Yemi Cardoso, says the economic policy proposals of President Bola Tinubu’s administration can achieve a GDP of one trillion Naira in eight years. Cardoso made the declaration in Marrakesh, Western Morocco on Thursday on the sideline of the ongoing 2023 World Bank/IMF Annual Meetings. He said efforts were ongoing to refocus the […]