BUSINESS

Breaking: Local airlines suspend operation on Thursday over aviation fuel

Daily Dispatch March 14, 2022

Owing to the scarcity of aviation fuel, local airlines have said they have only three days from this Monday to shut down operations. This is just as the operators said Nigerians would spend an average rate of N120,000 for an economy ticket if they are to continue flying. Speaking before a

BUSINESS

Nigeria includes rice in fortified foods list

Daily Dispatch March 14, 2022

The Federal Government says it has included rice on the list of foods that must be fortified with micronutrients to reduce the rate of hidden hunger in the country.  Mr John Uruakpa, Deputy Director and Head of the MicroNutrition Deficiency Unit, Federal Ministry of Health, made this known on Monday in Lagos.  He said this […]

BUSINESS

Guinness Plc clears air on alleged plans to exit Nigeria, Ghana

Daily Dispatch March 11, 2022

The Management of Guinness Nigeria Plc. has declared that the company has no plans of leaving Nigeria, contrary to information circulating on social media. The Corporate Communications Manager, Guinness Nigeria Plc., Mrs Ayodele Alabi, disclosed this in an interview with the newsmen on Thursday in Lagos. Alabi noted that the company’s both offices in Nigeria […]

BUSINESS

EFCC to assist NACOTAN in blocking revenue leakages in cotton industry

Daily Dispatch March 11, 2022

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, on Thursday, March 10, 2022, stated that the Commission was willing to work with stakeholders in blocking revenue leakages and ensuring accountability in the Cotton, Textile and Garment industry. He stated this when the leadership of the National Cotton Association of Nigeria,

BUSINESS

Abiodun’s investment drive yielding results as potential investor visits Ogun

Daily Dispatch March 10, 2022

By Adémólá Òrúnbon The recent investment drives of the Ogun State Governor, Prince Dapo Abiodun, to Egypt and Ethiopia, to draw more foreign investments to the State have started to yield results. This is because representatives of Arise Integrated Industrial Platform, one of the multilateral business firms he met while the tour lasted, has visited […]

BUSINESS

Tax Dispute: FIRS, MultiChoice Nigeria Agree to Resolve Tax Dispute

Daily Dispatch March 9, 2022

The Federal Inland Revenue Service (FIRS) and leading pay television service provider, MultiChoice Nigeria, have agreed to an amicable resolution of their pending tax disputes which led to a series of lawsuits. Both parties announced the agreement in a joint press release issued on Wednesday in Abuja. By the broad terms of the agreement, MultiChoice […]