BUSINESS

FG discovers illegal crude oil connection in Abia

Daily Dispatch August 27, 2023

An oil theft situation assessment delegation deployed in the Niger Delta by President Bola Tinubu discovered an illegal oil connection on Saturday. From the illegal connection discovered at Owaza in Abia, Nigeria loses an average of 7.2 million dollars monthly, the Nigerian National Petroleum

BUSINESS

Dangote, The Sick, Adopted Child of Nigerian Government

Daily Dispatch August 27, 2023

By Sheikh Juma Earlier this week, news broke that Aliko Dangote was moving 60% of his family investment to the US.Two days after, we saw him in Tanzania promising to increase his investment in the country because he wants to support the new president, whose business decisions have been investment friendly. I am happy for […]

BUSINESS

Tinubu to reintroduce Osinbajo’s tax amnesty program

Daily Dispatch August 26, 2023

The Nigerian government plans to reintroduce the national amnesty programme operated by the administration of Muhammadu Buhari. The director of Press and Public Relations of the Federal Ministry of Finance, Stephen Kilebi, signed the press statement announcing the decision on Thursday. Taiwo Oloyede, the chairman of the Presidential Committee on Fiscal Policy and Tax

BUSINESS

How FIRS Is Breaking New Grounds In Revenue Collection

Daily Dispatch August 23, 2023

Just when we thought the peak in tax collection was attained, the Federal Inland Revenue Service (FIRS) brought forward another harvest of revenue collection, peaking any collection in our nation’s history. The tax agency recently announced a total tax revenue collection of N5.5 trillion for the half-year period of January to June 2023 signifying the […]

BUSINESS

Union Bank partners with Women’s World Banking and TGI Group to Implement’Digital Supplier Credit’ Solution

Daily Dispatch August 23, 2023

In line with its commitment to enabling success for its customers, Union Bank has partnered with its parent company, TGI Group and Women’s World Banking, to introduce the ‘Digital Supplier Credit’ solution under its women’s banking proposition, αlpher.The ‘Digital Supplier Credit’ solution is designed to address the financial needs of

BUSINESS

FG, British High Commission host workshop on UK’s new trading scheme

Daily Dispatch August 22, 2023

The Federal Ministry of Industry, Trade and Investment in collaboration with the British High Commission hosted a one day workshop, on the UK’s new trading scheme. The UK officially launched the Developing Countries Trading Scheme (DCTS) in June 2023, which offers fast growing economies one of the most generous sets of trading preferences of any […]