BUSINESS

Fidelity, AFREXIM takes over Kano, Benin, Kaduna DISCOs

Daily Dispatch July 6, 2022

Today we were informed by Fidelity Bank that they have activated the call on the collateralized shares of Kano, Benin and Kaduna (Fidelity and AFREXIM) DISCOs and that they have initiated action to take over the Boards of these DISCOs and exercise the rights on the shares. Fidelity Bank’s

BUSINESS

Ethiopian Airlines passenger seeks compensation over missing bag in 2021

Daily Dispatch July 5, 2022

An Ethiopian Airline passenger, Bishop Michael Amamieye has sought compensation from the airline over its lost baggage since 2021. The passenger disclosed that he traveled on Ethiopian Airways on November 17, 2021 from Lagos to Maputo through Addis Ababa. He said, “From all my online findings, I noticed that Mozambique does visa on arrival for […]

BUSINESS

Breaking: Income Tax Returns: FIRS extends due date for companies

Daily Dispatch July 4, 2022

The filing of Companies Income Tax Returns for the 2022 Year of Assessment, due on 30th June 2022, has been extended to 31st August 2022, for companies who were unable to meet up with the deadline as at the end of June, 2022. The extension of this deadline is contained in a Press Release issued […]

BUSINESS

Investigation: How criminals are defrauding PoS vendors, customers in Niger, FCT

Daily Dispatch July 3, 2022

Criminal activities of scammers and armed robbers are ‘badly hitting’ Point of Sale, PoS, operators and customers in Niger State and the Federal Capital Territory, FCT. An investigation by PRNigeria, revealed that fraudsters have been deploying ‘criminal strategies’, recently, to rob PoS vendors in Niger and the nation’s capital. The criminals, who sometime appear as […]

BUSINESS

Dangote Cement’s past Consumer Promo Winners recount gains

Daily Dispatch July 3, 2022

Two years down the line, past winners of the Dangote Cement consumer promo have commended the management for the positive economic impact of the promo on their lives. Just as the company is set to roll out the season three of its promo, some of the winners who spoke on the impact of the cars […]

BUSINESS NEWS

Kaduna Electric Loses N386m to Vandalism in Six months.

Daily Dispatch July 3, 2022

The Management of Kaduna Electricity Distribution Company has strongly lamented the rising cases of vandalism of power supply infrastructure in its franchise which it said is taking a serious toll on the Company’s operations. The lamentation was contained in a statement by the Company at the weekend. The said that 158 distribution sub-stations were vandalized […]