BUSINESS

CBN cautions against loan sharks, asks Nigerians to approach legal outfits

Daily Dispatch January 26, 2022

The Central Bank of Nigeria (CBN) has cautioned Nigerians against seeking credit facilities from loan sharks for financial purposes. CBN Governor, Godwin Emefiele, gave the warning while addressing reporters at the end of the Monetary Policy Committee meeting held on Tuesday in Abuja. “On loan

BUSINESS

Dangote refinery to begin processing 540,000bpd in Q3

Daily Dispatch January 24, 2022

Dangote Industries Limited has said its oil refinery will start processing crude in the third quarter of this year. The President, Dangote Industries, Aliko Dangote, said the plant would start with a processing capacity of 540,000 barrels per day. “Mechanical work on the refinery is complete and hopefully before the end of third quarter we […]

BUSINESS HEALTH

NLNG HSP takes off, company signs MoU with 6 Teaching Hospitals

Daily Dispatch January 24, 2022

Nigeria LNG (NLNG) Limited today signed Memoranda of Understanding (MoU) with six Nigerian teaching hospitals nationwide, flagging off the implementation of its multi-billion-naira Hospital Support Programme (NLNG HSP). The six hospitals were selected as part of the first phase of the NLNG HSP. The NLNG HSP targets 12 hospitals from the six geographical zones in […]

BUSINESS TOP STORIES

FG to make additional provisions for fuel subsidy beyond June – Finance Minister

Daily Dispatch January 24, 2022

The Federal Government has revealed plans to make additional provisions for fuel subsidy in the 2022 budget, Mrs Zainab Ahmed has said. Ahmed, who is the Minister of Finance, Budget, and National Planning, disclosed this on Monday at a meeting with the President of the Senate, Ahmad Lawan, at the National Assembly Complex in Abuja. […]

BUSINESS

How Dangote’s petrochemicals, fertiliser plant will accelerate Africa’s economic growth – AfDB

Daily Dispatch January 23, 2022

President of the African Development Bank (AfDB), Akinwumi Adesina has described Dangote Refinery and Fertiliser projects as the best industrialised project to happen to Africa. He said these projects, which are far beyond the expectation of his team and himself, would positively affect the economic growth and development of not only Nigeria but Africa as […]

BUSINESS

NSCEA Commends Chris Oyakhilome and Christ Embassy Efforts on the Official launch of Parallex Bank in Nigeria

Daily Dispatch January 23, 2022

The Nigerian Supreme Council for Ecclesiastical Affairs (NSCEA) has commended Chris Oyakhilome and Christ Embassy efforts on the official launching of Parallex Bank in Nigeria. This was how the CHRIS OYAKHILOME FOUNDATION INTERNATIONAL (COFI) similarly commissioned a state-of-the-art Tuition Free SCHOOL & HEALTH CENTER last year at Demsa Community in Yola, North-East