BUSINESS

Polaris Bank’s VULTe Pulls Ahead, Wins Double as Nigeria’s Best Digital Bank

Daily Dispatch November 7, 2022

…wins MSME Bank of the Year Award tooPolaris Bank shone brightest over the weekend as its bespoke home-grown digital bank, VULTe capped its string of wins with two more prestigious awards as the Best Digital Bank at both BusinessDAY’s Banks And Other Financial Institutions (BAFI)

BUSINESS

Hope Rises for Nigeria’s Power Sector as Generation Surges to 4,728.2MW

Daily Dispatch November 4, 2022

Nigeria’s power generation rose by 17.53 percent or 705.5 Megawatts, MW to 4,728.2MW on Saturday, from the 4,022.7MW recorded last Sunday, latest data by the National System Operator, NSO, has revealed. The rise in power generation came after about five weeks of stagnation following the collapse of the National Grid on September 26, 2022. Electricity […]

BUSINESS

UBA Reiterates Support For SME’s, Maintains Headline Sponsorship Of Lagos International Trade Fair

Daily Dispatch November 3, 2022

Africa’s global bank, United Bank for Africa (UBA) Plc has reiterated the importance it places on supporting the growth of Small and Medium Scale Businesses as the bank will once again be the headline sponsor of the 2022 edition of the Lagos International Trade Fair(LITF). UBA has since 2019 been the headline sponsor for this […]

BUSINESS

Emirates Airlines suspends flights to Nigeria

Daily Dispatch November 3, 2022

Emirates Airlines has suspended flight operations to Nigeria over its inability to repatriate blocked funds. The airline in a statement made available to newsmen on Thursday said the suspension took effect from October 29, 2022. The airline said it has communicated its position to the Federal Government and the Central Bank of Nigeria. “However, Emirates […]

BUSINESS

At 7th ATAF General Assembly, Nami leads call for effective revenue utilisation by African governments

Daily Dispatch November 3, 2022

Governments across Africa must begin to rethink governance, engender public confidence and trust in government by providing value for taxpayers’ money in line with their obligations under the social contract they have with citizens. This was the call made to African Governments by the Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami […]

BUSINESS

eNaira records 700,000 transactions valued at N8bn –Emefiele

Daily Dispatch November 2, 2022

The Governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele says eNaira has recorded 700,000 transactions valued at N8 billion, since its inauguration on October 25, 2021. Emefiele said this on Wednesday in Abuja at the 28th edition of the apex bank’s annual In-house Executive Seminar with the theme, “Digitalisation of Money and […]