BUSINESS

Derailment: Abuja-Kaduna train services resume after suspension

Daily Dispatch January 30, 2023

Nigerian Railway Corporation, NRC, has announced the resumption of services along the Abuja-Kaduna rail corridor after the suspension due to derailment on Friday. The corporation’s Director of Operations, Mr Niyi Alli, in a statement said the services would commence on January 31. “The Board

BUSINESS

New Redesigned Naira Notes: DSS Intercepts Syndicate Selling Notes

Daily Dispatch January 30, 2023

…Indicts Officials of Commercial Banks…. Directs immediate crackdown on culprits nationwide The Department of State Services (DSS)on Monday said that its Operatives have intercepted some members of organised syndicates involved in the sale of the new redesigned naira notes. in some parts of the country. This was contained in a statement made available to news […]

BUSINESS

In fresh appeal, NNPC seeks withdrawal of Araraume’s N100bn suit from judge

Daily Dispatch January 29, 2023

The Nigerian National Petroleum Company (NNPC) Limited has appealed the refusal of Justice Inyang Ekwo to hear and determine its motion for a stay of proceedings before hearing the substantive suit against it and President Muhammadu Buhari. Senator Ifeanyi Araraume had instituted a N100 billion suit against President Buhari, over his alleged unlawful removal as […]

BUSINESS

Ogunccima hold 12th edition of International Trade Fair

Daily Dispatch January 29, 2023

The 12th editions of the Gateway International Trade fair is scheduled to hold between 3rd – 13th February, 2023. The fair is organised by Ogun State Chambers of Commerce, Industry, Mines and Agriculture (OGUNCCIMA) in collaboration with State Government. President of the Chambers Engr Mike Akingbade disclosed this at a news conference over the weekend […]

BUSINESS

CBN extends deadline for old naira notes

Daily Dispatch January 29, 2023

The Central Bank of Nigeria, CBN, has extended the swapping of old naira notes for the new ones by ten days. It therefore means that Nigerians still have till February 10 to spend the old notes. Central Bank Governor, Godwin Emefiele, made the announcement on Sunday in a statement. He added, however, that Nigerians still […]

BUSINESS

Buhari speaks on January 31 new naira deadline

Daily Dispatch January 28, 2023

President Muhammadu Buhari has assured that the government will eliminate any form of hardship or chaos that may arise from the implementation of the policy on new Naira notes. It would be recalled that the Central Bank of Nigeria (CBN) gave January 31 as the last date for the old N200, N500 and N1000 to […]