BUSINESS

We can no longer hide from Nigerians, subsidy no longer sustainable – Keyamo

Daily Dispatch August 23, 2022

Nigerians may have to brace up for tough times next year following the revelation by the Spokesperson for the Presidential Campaign Council of the All Progressives Congress (APC), Festus Keyamo that conversation on the removal of fuel subsidy will commence next year. Keyamo, who is also the

BUSINESS

Food prices rose in July 2022 – NBS

Daily Dispatch August 22, 2022

The National Bureau of Statistics (NBS), says prices of selected food items increased in July. It made the declaration in its Selected Food Prices Watch Report for July 2022 released in Abuja on Monday. The NBS stated that the average price of 1kg of white beans rose by 23.22 per cent from N444.21 in July […]

BUSINESS LEAD STORY 2

FG speaks on takeover of four DisCos

Daily Dispatch August 22, 2022

The Federal Government has finalized it’s takeover of four electricity distribution  companies (Discos) and constituted the board of the Nigeria Electricity Liability Management Company. Vice President Yemi Osinbajo, on Friday, said the newly constituted board of the Nigeria Electricity Liability Management Company would enhance ongoing efforts to resolve the liabilities

BUSINESS

FIRS certifies donations to ex-minister’s charity as tax deductible

Daily Dispatch August 22, 2022

The Federal Inland Revenue Service, FIRS, has certified corporate organisations’ donations to former Minister of Finance, Mrs. Kemi Adeosun’s charity, DashMe Foundation, as Tax Deductible. The government’s revenue agency has consequently issued a tax-deductible donations certificate to DashMe Foundation. The certificate was issued to the Foundation last week Thursday in

BUSINESS

NLNG Ltd receives road infrastructure Tax Credit Certificate for Bonny – Bodo road from FIRS

Daily Dispatch August 21, 2022

The Nigeria Liquefied Natural Gas Limited (NLNG), one of the companies undertaking the construction of roads under the Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme, received its Tax Credit Certificate from the Federal Inland Revenue Service (FIRS), for the construction of the Bonny – Bodo Road, in Rivers State last week. The

BUSINESS

Ethiopian Airlines suspends pilots who missed landing, ‘fell asleep’ at 37,000 feet

Daily Dispatch August 21, 2022

Ethiopian Airlines, Africa’s largest airline, says it has suspended two pilots who missed their landing during a flight from Sudan to Ethiopia. A report had alleged that the pilots fell asleep during the flight and were only woken up by an alarm triggered when the autopilot disconnected. Flight data obtained by the website indicated that the […]