BUSINESS

Fuel Subsidy: IMF Warns FG Against Fresh Borrowings

Daily Dispatch February 22, 2022

The International Monetary Fund has said Nigeria will likely depend on overdrafts from the Central Bank of Nigeria to fund its proposed N2.55tn petrol subsidy bill as the Federal Government plan to extend fuel subsidy regime by 18 months. The IMF said this in its ‘Nigeria: Selected Issues

BUSINESS EDUCATION

NCDMB/ITF trains 100 youths on vocational skills

Daily Dispatch February 22, 2022

Hundred Nigerian youths have commenced training in the vocational skills programme sponsored by the Nigerian Content Development and Monitoring Board (NCDMB) and facilitated by the Industrial Training Fund (ITF). The training covers eight skills areas, and they include Information and Communication Technology; Electrical/Electronic Technology; Industrial Automation and

BUSINESS

United Nigeria, Air Peace to sign partnership deal

Daily Dispatch February 21, 2022

Chairman of United Nigeria Airlines, Dr Obiora Okonkwo, has hinted about a novel deal between his company and Air Peace that would revolutionize the aviation sector and usher in a new era of collaboration for better travel experience. He said the new deal would be unveiled in the “next few days”. Speaking during a Gala […]

BUSINESS

Fake cement promo adverts

Daily Dispatch February 21, 2022

The report published on social media platforms featured on the cloned cover pages of newspapers such as THE PUNCH, SUNDAY SUN, NIGERIAN TRIBUNE and THE NATION, with a picture of our Group President and some bags of cement below the headlines. We want to categorically state that these PROMO stories and pictures, which were super-imposed (photoshopped) on the

BUSINESS

FIRS says Finance Act 2021 critical to addressing budget funding

Daily Dispatch February 18, 2022

The Federal Inland Revenue Service, FIRS, has said that the Finance Act 2021 was critical to addressing budget funding, a measure that it would achieve by collaborating with taxpayers and key stakeholders. The FIRS made this known in a statement issued on Friday, in Abuja, by Johannes Wojuola, Special Assistant on Media and Communication to […]

BUSINESS

Fuel Scarcity: NNPC orders retail outlets to begin 24-hour operations

Daily Dispatch February 15, 2022

The Nigerian National Petroleum Company (NNPC) has directed all its depots and outlets to begin 24 hours operations to address the fuel scarcity across the country. NNPC Group Executive Director (Downstream), Mr Adetunji Adeyemi, announced this on Tuesday in Abuja amid the growing concerns over the scarcity of Premium Motor Spirit (PMS) popularly known as […]