BUSINESS

JAIZ Bank to pay N883.9m dividend to shareholders

Daily Dispatch June 23, 2021

The Shareholders of Jaiz Bank Plc have approved a total dividend of N883.9m representing 3 kobo per share for the 2020 financial year at the 9th Annual General Meeting of the Bank, held at Fraser Suites, Abuja on Wednesday 23rd June 2021. Speaking at the AGM, Chairman of the Bank Alhaji (Dr.)

BUSINESS

38 countries have ratified AfCFTA agreement – Secretary-General

Daily Dispatch June 23, 2021

Mr Wamkele Mene, the Secretary-General of the African Continental Free Trade Area (AfCFTA) Secretariat, said 38 countries had now deposited their instruments of ratification of the agreement establishing the AfCFTA. Mene, who disclosed this while speaking with newsmen on Wednesday in Abuja, said that it was at the initial stages of AfCFTA implementation. The 55-member

BUSINESS

AfCFTA begins pilot phase of Pan-African payment, settlement system- Sec.-Gen.

Daily Dispatch June 23, 2021

The African Continental Free Trade Area (AfCFTA) Secretariat says the pilot phase of the Pan-African Payment and Settlement System (PAPSS) is ongoing in six West African countries to facilitate AfCFTA’s implementation. The AfCFTA Secretary General, Mr Wamkele Mene, disclosed this to newsmen on Wednesday, in Abuja, while on an official tour to Nigeria. The News

BUSINESS

RIFAN explains why there is increase in rice price

Daily Dispatch June 22, 2021

The Rice Processors Association of Nigeria, Kano State Chapter has attributed the hike in price of rice from N19,000 to N23,000 to the increase in price of paddy rice. Alhaji Abba Dantata, a member of RIPAN, stated this in Kano on Monday during a joint press briefing with Kano State Public Complaints and Anti-Corruption Commission […]

BUSINESS

Buhari’s agricultural revolution yielding fruits – Lai Mohammed

Daily Dispatch June 21, 2021

The Minister of Information and Culture, Alhaji Lai Mohammed says the agricultural revolution embarked upon by the President Muhammadu Buhari’s administration is yielding desired fruits. The minister stated this on Monday in Birnin-Kudu near Dutse, Jigawa when he inspected Malam Alu Integrated Agro and Allied farm complex. The News Agency of Nigeria (NAN) reports that […]

BUSINESS

FG to auction N150 billion bonds in June

Daily Dispatch June 20, 2021

The Debt Management Office has said that the Nigerian government will offer N150 billion bonds for subscription in June. The bonds comprised three bonds worth N50bn each, a circular said Friday. The DMO said the bonds will be auctioned on June 23 and all three have the same date for settlement. The bonds are a 10-year […]