BUSINESS

NESG suggests integrated debt, expenditure strategies for sustainability

Daily Dispatch May 5, 2022

The Debt Management Roundtable (DMR), on Thursday, formally presented its full report on debt management and sustainability in ECOWAS to Nigeria’s Debt Management Office (DMO) for possible adoption and implementation. The Nigerian Economic Summit Group (NESG) and Open Society Initiative for

BUSINESS

Nigeria’s inflation may worsen to 16.1% in 2022- IMF

Daily Dispatch May 2, 2022

The International Monetary Fund has projected that Nigeria’s Consumer Price Index will hit 16.1 per cent in 2022. This projection was presented in a tabular illustration in the IMF’s Regional Economic Outlook for Sub-Saharan Africa released last week, which was published on its website. The projected 16.1 per cent will be the highest in the country […]

BUSINESS

Eid-Fitri: Security beefed up at airports

Daily Dispatch April 30, 2022

The Federal Airports Authority of Nigeria (FAAN) says security has been beefed up at the nation’s airports ahead of the Eid-el-Fitri celebration. Mrs Faithful Hope-Ivbaze, the acting General Manager, Corporate Affairs of FAAN said this in a statement on Saturday in Lagos. Hope-ivbaze said: “As part of our preparations to ensure seamless facilitation of our […]

BUSINESS

Nigeria earned N28.02trn from NNPC, FIRS, 2 other agencies in 3 years – NEITI

Daily Dispatch April 29, 2022

Four Federal Government agencies have generated a total of N28.02 trillion between 2017 and 2019, the Nigeria Extractive Industries Transparency Initiative (NEITI) report has said.The agencies are: the Nigerian National Petroleum Company Ltd. (NNPC); Federal Inland Revenue Services (FIRS); Department of Petroleum Resources (DPR) now Nigeria Upstream Petroleum Regulatory

BUSINESS

German Government partners OGUNCCIMA to revive moribund cashew farming

Daily Dispatch April 28, 2022

In a bid to revive the moribond cashew farming in Nigeri, the German Industry and Commerce in Nigeria, known as AHK, has partnered with the Ogun State Chambers of Commerce Industries, Mines and Agriculture (OGUNCCIMA). The two bodies, to this end, the two organisation have agreed to launch a pilot project to develop skills around […]

BUSINESS

Nigerian Content In Oil Sector Grows To 42%- NCDMB

Daily Dispatch April 28, 2022

The Nigerian Content Development and Monitoring Board (NCDMB) says it has grown Nigerian content in the oil and gas sector to 42 per cent. Mr Simbi Wabote, Executive Secretary of NCDMB gave the update on Wednesday, while speaking at a Local content workshop for the Judiciary in Bayelsa. The News Agency of Nigeria (NAN) reports that […]