BUSINESS

Fuel crisis may have adverse effect on inflation, says Statistician-General

Daily Dispatch February 15, 2022

Mr Simon Harry, the Statistician-General of the Federation, says the present fuel crises being experienced across the nation may have adverse effect on inflation rate. He said this on Tuesday in Abuja, at a media conference to announce the January 2022 Consumer Price Index (CPI). Harry said

BUSINESS

Nigeria’s inflation rate declines to 15.60% – NBS

Daily Dispatch February 15, 2022

Nigeria’s inflation rate has dropped to 15.60 per cent compared to the 15.63 per cent recorded in December 2021, according to the National Bureau of Statistics (NBS). The Statistician General of the Federation, Dr Simon Harry who revealed this at a press briefing in Abuja on Tuesday saidthe country’s inflation fell by 0.87 per cent […]

BUSINESS

Supplementary Budget: N2.5trillion earmarked for fuel subsidy

Daily Dispatch February 15, 2022

President Muhammadu Buhari has submitted the 2022 Appropriation Act amendment proposal to the National Assembly. In the amendment proposal, the President earmarked the sum of N2.557 trillion for fuel subsidy. The amendment proposal is contained in a six-page letter sent to the House on Tuesday. In the letter, President Buhari is asking the National Assembly […]

BUSINESS

Val: Sterling gifts Investment Portfolios to 50,000 Nigerians youths

Daily Dispatch February 14, 2022

Sterling Bank PLC, a leading commercial bank in Nigeria and Africa’s Most Agile Company, has chosen to celebrate this year’s Valentine season by gifting 50,000 young customers with an audacious bouquet of stocks in 14 of the top performing equities currently listed on the Nigerian Stock Exchange. Sterling Bank announced this development in a statement […]

BUSINESS

Valentine Season: Polaris Bank excites existing and prospective customers with mouthwatering rewards

Daily Dispatch February 14, 2022

Polaris Bank has announced plans to delight its existing and new customers this Valentine season with a series of mouthwatering rewards. The Bank announced this over the weekend through its Group Head, Strategic Brand Management, Mr. Nduneche Ezurike, while intimating the general public about its Valentine Campaign tagged “Valentine Purple Love Season.”    Mr. Ezurike said

BUSINESS

Strike: NUPENG demands rehabilitation of 21 critical highways

Daily Dispatch February 14, 2022

Nigeria Union of Petroleum and Natural Gas workers, NUPENG, has said it will not give further warning to embark on industrial action, if the N621bn provided by the Nigerian National Petroleum Company (NNPC) Limited for the rehabilitation of 21 critical highways is not utilized. In NUPENG words “On the basis of this communique, the union […]