BUSINESS

Sterling Bank, LASHMA Expand Healthcare In Lagos With Virtual Booth

Daily Dispatch August 2, 2023

One of Africa’s fastest-growing companies and Nigeria’s leading financial institution, Sterling Bank, has joined forces with the Lagos State Government to expand the reach of its health care provision with the launch of the Ilera Eko Virtual Booth, designed to bring healthcare closer to the

BUSINESS

N50b each for cultivation of cassava, wheat, rice, maize- Tinubu

Daily Dispatch July 31, 2023

President Bola Tinubu has said that N50b each will be spent to cultivate 150,000 hectares of rice and maize. This is part of his nationwide broadcast on Monday. He also said N50b will be earmarked to cultivate 100,000 hectares of wheat and cassava. He said, “This expansive agricultural programme will be implemented targeting small-holder farmers […]

BUSINESS

FIRS: Tax, The Untaxed and the Taxables

Daily Dispatch July 31, 2023

By Salisu Na’inna Dambatta It is common truth that no country on earth, including Nigeria, is able to tax all the taxables, or even bring all the untaxed into the tax net. Tax registers everywhere rarely contain all the untaxed as required by the tax laws. Even though the Federal Inland Revenue Service (FIRS) which last tax year […]

BUSINESS

Currency in circulation rises to N2.26trn – CBN

Daily Dispatch July 31, 2023

Currency outside banks rose to N2.26 trillion at the end of the first half 2023, according to the Central Bank of Nigeria’s recent Money and Credit Statistics. A report by the DAILY POST said that currency outside banks rose from N982.09 billion at the end of February to N2.26 trillion in June 2023. The currency […]

BUSINESS

High cost of Living: Union Bank raises employee compensation twice

Daily Dispatch July 31, 2023

It is no longer news that most Nigerians are experiencing severe economic hardship due to the recent FX policy and subsidy removal. The economic challenges arising from the opening up of the foreign exchange market and the removal of petrol subsidies have resulted in soaring inflation and a significant drop in the value of the […]

BUSINESS

Fidelity Bank Stock upgrade excites investors

Daily Dispatch July 31, 2023

According to The Will newspaper, investors have commended the recent reclassification of Fidelity Bank Plc stock from small price stock to medium price stock. Giving his perspective on the development, Mr Boniface Okezie, the National Co-ordinator, Progressive Shareholders Association of Nigeria, commented, “Fidelity Bank has paid its dues in the financial services sector.