BUSINESS

FG targeting increase in e-commerce to raise $75bn by 2025 -Ministry

Daily Dispatch September 15, 2021

The Federal Government has said that it is targeting an increase in e-commerce trading, from the current market value of $13bn to about $75bn by 2025. The Permanent Secretary, Ministry of Industry, Trade and Investment, Dr Evelyn Ngige, who disclosed this on Tuesday in Abuja at the second

BUSINESS

Shell extends capacity building to 40 Imo state youths, train on gas project

Daily Dispatch September 14, 2021

Leading energy company, The Shell Petroleum Development Company of Nigeria Limited (SPDC) has commenced a one-year professional and vocational training for 40 youths from the SPDC Joint Venture host communities of the Assa North and Ohaji South gas project in Imo State. “The aim is to ready these youths, not only for opportunities in the […]

BUSINESS

KADINVEST 6.0: Kaduna seeks to consolidate on $2.6bn investments

Daily Dispatch September 8, 2021

As it prepares for the sixth edition of the annual Kaduna Economic and Investment Summit (KADINVEST) holding this month, the Kaduna State Government is seeking to consolidate on the USD 2.6bn in investments it has attracted since 2016. Executive Secretary of Kaduna Investment Promotion Agency(KADIPA) Umma Aboki disclosed this while speaking at a pre-event press […]

BUSINESS

Dangote refinery to expand employment capacity by 17,000

Daily Dispatch September 5, 2021

President/Chief Executive, Dangote Industries Ltd., Alhaji Aliko Dangote, has revealed plans to increase human capacity at its Refinery Project site, from 40,000 personnel to 57,000 in the coming months. This is contained in a statement signed by Mr Anthony Chiejina, Group Head, Corporate Communications, Dangote Group on Sunday in Lagos. According to the President, Dangote

BUSINESS

Shell donates multimillion dollar projects to Maritime University

Daily Dispatch September 5, 2021

Governor of Delta State, Dr. Ifeanyi Okowa, has described the phase one of infrastructure projects donated to the Nigerian Maritime University in Okerenkoko, Delta State by The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners as a great enhancer of learning and research. Okowa spoke last week at the opening […]

BUSINESS

Lagos, 5 other states generate more IGR than 30 states combined

Daily Dispatch September 5, 2021

The Economic Confidential has released its fifth Annual States Viability Index, ASVI, which shows that eight states are insolvent as their Internally Generated Revenues, IGR, in 2020 were far below 10% of their receipts from the Federation Account Allocations (FAA) in the same year. The index carefully and painstakingly computed proved that without the monthly […]