BUSINESS

Sterling Convenes Technology’s Brightest For Improved Cybersecurity

Daily Dispatch October 3, 2023

Sterling Financial Holdings Company is actively driving collaboration and partnerships with regulators, infrastructure providers, operators, and other financial services providers to bolster the security of the Nigerian consumer and improve the safety of the financial ecosystem. Olayinka Oni,

BUSINESS

BUA slashes cement price to N3500, effective Monday Oct. 2nd

Daily Dispatch October 1, 2023

The management of BUA Group has announced a reduction in the price of its cement from N5, 500 to N3,500 effective Monday October 2nd, 2023. Recall, AbdulSamad Rabiu, chairman of BUA Group, had earlier revealed the company’s intentions to lower the price of cement in Nigeria when it completes its new plants in 2024. Rabiu cited the […]

BUSINESS

UBA looks to sustain profitability on customer-centric values

Daily Dispatch September 30, 2023

Following the exceptional performance in the first half of the 2023 financial year, Africa’s Global Bank, United Bank for Africa (UBA) Plc, has said that it’s firmly committed to achieving sustained profitability by the end of second half.The bank’s management assured its stakeholders including shareholders, local and foreign investors as well as its teeming customers of

BUSINESS

Breaking: New CBN Deputy Governors Assigned Directorates

Daily Dispatch September 28, 2023

The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has assigned Directorates to the four new Deputy Governors. President Bola Tinubu had on Friday, September 15, appointed Ms. Emem Nnanna Usoro, Mr. Muhammad Sani Abdullahi Dattijo, Mr. Philip Ikeazor and Dr. Bala M. Bello as Deputy Governors of the apex bank. Their […]

BUSINESS

FG calls for investment in infrastructure, climate change

Daily Dispatch September 28, 2023

The Federal Government has called for investment in infrastructural development and climate change, urging Ministries, Departments and Agencies (MDAs) to work closely together at achieving this. Director, Economic, Trade and Investment, Ministry of Foreign Affairs, Amb. Bolaji Akinremi, made the call in Abuja at the inter-ministerial meeting centered on preparation for the

BUSINESS NEWS

Senate confirms Cardoso as CBN Governor, four other Deputies

Daily Dispatch September 26, 2023

The Senate has confirmed the appointment of Dr. Olayemi Cardoso as the substantive Governor of the Central Bank of Nigeria, CBN. Also confirmed are four Deputy Governors who were nominated along with Cardoso by President Bola Ahmed Tinubu recently. The confirmation was sequel to the voice votes by the distinguished Senators present. “The nomination of Olayemi Cardoso […]