BUSINESS

Passengers stranded as NAHCO workers embark on strike over salary increment

Daily Dispatch January 23, 2023

Passengers were, on Monday morning, January 23, left stranded at the Murtala Mohammed International Airport (MMIA), Lagos, following an industrial action by staff members of the Nigerian Aviation Handling Company Plc (NAHCO). Reports said that the NAHCO management had met with the staff members

BUSINESS

European Businesses, European Union collaborate to grow Nigeria’s Human Capital

Daily Dispatch January 21, 2023

European businesses operating in the country and the European Union Delegation to Nigeria are stepping up collaboration towards helping to address the skills gap in the employment sector and leveraging Nigeria’s huge population of young people to drive economic prosperity. At a Stakeholders Conference hosted by European Business Chambers in Nigeria (Eurocham) in Lagos on

BUSINESS

Benefits of new naira notes enormous – CBN

Daily Dispatch January 21, 2023

The Central Bank of Nigeria has taken the ongoing sensitisation on new naira notes to Shasha Market, in  Akure North Local Government Area of Ondo State as it advised the traders to take their money to the commercial banks. The apex bank reiterated that there was no limit to how much a customer can deposit […]

BUSINESS

Breaking: Lagos State Government orders all petrol stations to begin operation

Daily Dispatch January 19, 2023

Lagos state government has ordered all petrol stations along major roads in the State to open between 9am and 4pm on weekdays. This publication understands that the government warned any operator who refuses to comply with the directive henceforth would be heavily sanctioned. The directive, according to the government, is to help reduce the impact of […]

BUSINESS

FG committed to developing cotton subsector—minister

Daily Dispatch January 18, 2023

The Minister of Industry, Trade and Investment, Otumba Adeniyi Adebayo has expressed the Federal Government’s commitment to promote development of the cotton subsector of the economy. Adebayo said this at the opening of the 1st Nigeria International Cotton Summit and Expo in Abuja. Adebayo who was represented by Mr Adewale Bakare, the Director, Industrial Development

BUSINESS NEWS

FG asks NNPC to invest N1.9tr on 44 Federal Roads

Daily Dispatch January 18, 2023

The Federal Executive Council(FEC) has approved the recommendation for the Nigerian National Petroleum Corporation Limited (NNPC LTD.) to invest 1.9 trillion in the reconstruction of 44 federal roads under the tax credit policy. The council gave the approval at its meeting presided over by Vice President Yemi Osinbajo on Wednesday at the Presidential Villa, Abuja. […]