BUSINESS

Emirates Airline extends suspension of Nigerian flights to UAE

Daily Dispatch August 29, 2021

Emirates Airlines has extended the suspension of Nigerian flights to Dubai, United Arab Emirates (UAE) till September 5, 2021. Passengers who have been to or connected through Nigeria in the last 14 days will not be permitted on any Emirates flights bound for Dubai, the airline said, adding

BUSINESS

Buhari announces N287bn as profit after tax by NNPC

Daily Dispatch August 26, 2021

President Muhammadu Buhari, who doubles as Minister of Petroleum Resources, has announced a Profit after Tax of N287 billion by the Nigerian National Petroleum Corporation (NNPC) in 2020. The president made the declaration in a statement by his Special Adviser on Media and Publicity, Mr Femi Adesina, on Thursday in Abuja. Buhari stated that the […]

BUSINESS

Why we bought 20% of Dangote refinery – NNPC GMD

Daily Dispatch August 25, 2021

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari has told the House Committee on Finance that taking a seat on the board of Dangote Refinery would guarantee oil security for Nigerians. Mr Kyari said the government acquired the stake to ensure that the company buys crude oil from Nigeria, claiming […]

BUSINESS NEWS

Rivers Judgment: ‘Continue To Pay Your VAT To FIRS’

Daily Dispatch August 22, 2021

 The Federal Inland Revenue Service(FIRS) has told taxpayers in the country to continue to pay their Value Added Tax (VAT) to the FIRS in order to avoid facing penalties for failing to do so. The FIRS issued the directive following numerous enquiries to the Service in view of a recent judgment obtained by the Rivers State […]

BUSINESS TOP STORIES

NNPC announces trading surplus of ₦43.57bn for April

Daily Dispatch August 15, 2021

The Nigeria National Petroleum Corporation has announced a trading surplus of ₦43.57bn for April 2021. The NNPC made this known in its weekly review published on Sunday. Speaking about its monthly Financial and Operation Report, it reported a trading surplus of ₦43.57bn in April 2021, representing a 23.64 per cent increase over the ₦35.24bn surplus […]

BUSINESS

Standards Organisation Validates FCMB’s ISO 9001 :2015 Certification

Daily Dispatch August 11, 2021

For improved business processes and consistent delivery of quality products and services to customers, the Standards Organisation of Nigeria (SON) has validated First City Monument Bank’s (FCMB) ISO 9001: 2015 certification for Quality Management Systems (QMS). FCMB earned ISO 9001:2015 certification in 2018 for demonstrating excellence in governance, product development