BUSINESS

FG averts crude oil mistakes, bans export of raw gold, others

Daily Dispatch November 28, 2022

The federal government through a recently approved  policy has banned the export of raw gold, gemstones and other mineral deposits. The Minister of Mines and Steel Development, Mr Olamilekun Adegbite, said this when he featured on the News Agency of Nigeria, NAN, flagship programme in

BUSINESS Politics

Atiku meets Dangote, Otedola, Elumelu, others in Lagos

Daily Dispatch November 26, 2022

The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has said there will no longer be a hiding place for oil thieves and their accomplices, no matter how highly placed in the country, if he takes power in 2023. This was Atiku’s pledge on Saturday in Lagos when he interacted with a broad spectrum […]

BUSINESS

Fuel Scarcity: MOMAN, NNPCL collaborate to improve distribution – Official

Daily Dispatch November 26, 2022

The Major Oil Marketers Association of Nigeria (MOMAN) says it is working with the Nigeria National Petroleum Company (NNPC) Ltd., to improve the distribution of petrol across the country. Mr Clement Isong, Chief Executive Officer of MOMAN, said this in an interview with the News Agency of Nigeria (NAN), in Lagos on Saturday, against the […]

BUSINESS

What CBN Gov, Emefiele said about rising inflation, Naira redesign, others at 57th Annual Bankers’ Dinner

Daily Dispatch November 26, 2022

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Friday addressed stakeholders on economic and financial markets development on the economic outlook for the coming year (2023). The CBN Governor addressed the stakeholders at the 57th Annual Bankers Dinner, organised by the Chartered institute of Bankers Nigeria (CIBN), on Friday in Lagos. The […]

BUSINESS

Nigeria’s GDP improves by 2.25% in Q3 –NBS

Daily Dispatch November 25, 2022

The National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) grew by 2.25  per cent in the third quarter of 2022 on a year-on-year basis. The NBS said this in its Nigerian Gross Domestic Product Report Q3 2022 released in Abuja on Thursday. According to the report, the growth rate declined from 4.03 […]

BUSINESS

Governors moves to stop sale of power plants, sue FG

Daily Dispatch November 24, 2022

The Nigeria Governors’ Forum has rejected the sale of 10 power plants and headed to court to stop the move of privatisation of the plants by the Federal Government. The NGF disclosed that its lawyers have moved to prevent the regime of the President, Major General Muhammamadu Buhari from selling those power plants which are […]