BUSINESS

UBA shareholders okay N1.10kobo final dividend for 2022

Daily Dispatch April 27, 2023

Shareholders of United Bank for Africa (UBA) Plc have approved the Board’s proposal to pay a dividend of N1.10 per share for the financial year ended December 31, 2022. The shareholders gave their approval at the bank’s 61st Annual General Meeting (AGM) which was held virtually on Thursday. The

BUSINESS

What Elumelu said about Femi Otedola’s acquisition of significant shares in Transcorp

Daily Dispatch April 27, 2023

Group chairman of Transnational Corporation Plc (Transcorp), Tony Elumelu has commended his billionaire friend, Femi Otedola for his acquisition of a significant stake in the conglomerate. Recently, Otedola acquired a 5.52 percent stake in Transcorp Plc to become the second largest shareholder of the company. There have been reports that the billionaire has upped his stake

BUSINESS

CBN preaches eNaira to Kaduna traders

Daily Dispatch April 27, 2023

By NAN Central Bank of Nigeria (CBN), in collaboration with a technical partner, Project GIANT, on Thursday in Kaduna, called on traders of Kawo and Sheik Gumi markets to embrace eNaira as an alternative means of financial transactions. The News Agency of Nigeria (NAN) reports that this was part of the efforts by the apex […]

BUSINESS

FIRS extends VAT filing deadline from April 21- 30, 2023

Daily Dispatch April 26, 2023

The Federal Inland Revenue Service FIRS has announced the extension of due date for the filing of the Value Added Tax VAT from April 21-30th, 2023. This follows the recent introduction of a new process of claiming INPUT Tax, which took effect April 1, 2023 and consequent concerns raised by tax payers and other stakeholders. […]

BUSINESS

Food price inflation remains high globally –World Bank

Daily Dispatch April 26, 2023

The World Bank has said that inflation in food prices remains high globally. It made the declaration in its latest Food Security Update report issued on Wednesday. “Information from the latest month between December 2022 and March 2023 for which food price inflation data are available shows high inflation in almost all low and middle-income […]

BUSINESS

Air Peace offers to evacuate Nigerians from Sudan immediate

Daily Dispatch April 24, 2023

Nigeria’s leading airline, Air Peace has expressed its willingness to evacuate Nigerians stranded in Sudan, free of charge. This is coming against the backdrop of the uprising currently ongoing in the North-East African country. The airline noted that Nigerian students and others stranded in the war-racked nation need help. It would be recalled that the […]