BUSINESS

Naira Redesign: What Emefiele told me about removing Arabic inscription – Former CBN Governor, Sanusi

Daily Dispatch November 1, 2022

A former governor of Central Bank of Nigeria, CBN, Muhammadu Sanusi, says the apex bank governor, Godwin Emefiele, has confirmed to him that the Arabic inscription, known as Ajami, would not be removed in the redesigned currency. Mr Sanusi, who is also the 14th emir of Kano, stated this while

BUSINESS

Contractors hand over completed $1.5bn Lekki Port to owners, to generate over 200,000 jobs

Daily Dispatch October 31, 2022

Ahead of the commissioning of the $1.5billion Lekki Deep Seaport next month, the Port has been handed over to Tolarams Group by China Harbours, the contractor that constructed the facility. Speaking at the completion ceremony at Lekki port, Lagos State Governor, Mr. Babajide Sanwo-Olu promised to expand the roads leading to the port to a […]

BUSINESS

Naira redesign: ‘Those with illicit money buried under soil will have problem’ – Buhari backs CBN

Daily Dispatch October 30, 2022

President Muhammadu Buhari, on Sunday, backed the decision of the Central Bank of Nigeria, CBN, to launch new designs of the naira denominations. Buhari said Nigerians with illicit money stashed in the soil would have problems with the new naira notes. He, however, assured that Nigerians would gain a lot when the redesigned new notes […]

BUSINESS

Sack CBN Governor, Godwin Emefiele now: Primate Ayodele tells Buhari

Daily Dispatch October 30, 2022

The Leader Of INRI Evangelical Spiritual Church, Primate Elijah Ayodele has asked President Muhammadu Buhari to sack the governor of the central bank of Nigeria (CBN), Godwin Emefiele. This is in reaction to Nigeria’s economic woes and the recently announced plans to redesign some denominations of the Nigerian currency by the CBN. While addressing his […]

BUSINESS

Moghalu commends CBN’s proposed Naira redesigning, urges 90-day implementation window

Daily Dispatch October 29, 2022

Prof. Kingsley Moghalu, a former Deputy Governor of the Central Bank of Nigeria (CBN) has commended the apex bank on the proposed redesigning of the Naira. Moghalu, a Nigerian Political Economist who gave the commendation in a statement on Saturday in Lagos, advocated a 90-day window for implementation. He said: “I fully support the Central […]

BUSINESS

Lottery Commission exempts licensed online gaming operators from FIRS direct tax collection

Daily Dispatch October 29, 2022

The National Lottery Regulatory Commission (NLRC) says Online Gaming Operators in the country who are duly licensed and tax compliant are exempted from the new tax regime proposed by the Federal Inland Revenue Service (FIRS). A statement signed on Friday by the Director General of the commission, Mr Lanre Gbajabiamila, said that the proposed tax […]