BUSINESS

We’re designing new business district for Ibadan-Makinde

Daily Dispatch June 30, 2021

Oyo State Governor, ‘Seyi Makinde, has said that his administration is designing a brand-new business district for Ibadan as a way of expanding socio-economic activities within the city and Oyo State in general. Governor Makinde, who stated this while receiving a team of the Nigerian Institute

BUSINESS

No fraudulent dealings in planned equity participation in Dangote Refinery – NNPC

Daily Dispatch June 28, 2021

The Chief Operating Officer, Refineries & Petrochemicals, NNPC, Mustapha Yakubu, says there is no fraudulent dealing in NNPC’s planned equity participation in Dangote Oil Refining Company (DORC). Yakubu made the declaration on Monday in Abuja while briefing newsmen. “Our attention has been drawn to media reports ascribing to me alleged fraudulent dealing around the

BUSINESS

Special economic zones could push Nigeria’s FDI, says BPE boss

Daily Dispatch June 28, 2021

The Director General of the Bureau of Public Enterprises (BPE),  Alex Okoh, has said that if Nigeria’s Free Trade Zones (FTZs) are well harnessed, they could bring in Foreign Direct Investment (FDI) and manufacturing inflows like China. This was disclosed in a statement by the BPE Head of Public Communications, Amina Tukur, stating that Okoh gave the

BUSINESS

Anchor borrowers: CBN to release 50,000 MT of maize to farmers

Daily Dispatch June 28, 2021

The Central Bank of Nigeria has approved the release of 50,000 metric tonnes of maize to 12 major producers from strategic maize reserve under the Anchor Borrowers’ Programme. According to the CBN, the release of maize to the companies, which is the third of such releases, will reduce the price of grain in the market […]

BUSINESS

Polaris bank launches ‘refer & win reward for Vulte users

Daily Dispatch June 28, 2021

Polaris Bank has announced the launch of a new reward: ‘Refer & Win’ exercise in which existing and new users of the Bank’s digital banking platform, VULTe, stand a chance to win up to N1,300 instant cash reward each time they refer someone who opens an account and enrolls on the newly-launched innovative digital solution. To […]

BUSINESS

We’ve increased Oyo’s IGR by N15b in two years — Makinde

Daily Dispatch June 27, 2021

Oyo State Governor, ‘Seyi Makinde, declared at the weekend that his government has, in its first two years, increased the state’s Internally Generated Revenue by close to N15 billion without increasing taxes. The governor, who stated this on Saturday evening at the 41st Omo Aj’orosun Day Celebration, in Ibadan, also took time out to educate […]