BUSINESS

Naira rain, as 6 MIllionaires emerge in Polaris Bank Save & Win Promo Grand Finale Draw tomorrow (Thursday)

Daily Dispatch April 28, 2021

Another moment of excitement is here for savings customers of Polaris Bank as they gear up for the grand finale draw of the ongoing nationwide ‘Save & Win’ promo, scheduled to hold tomorrow (Thursday), April 29, 2021. Highlights of tomorrow’s draw will be the emergence of 6

BUSINESS

Polaris Bank sustains profit growth with N28.9b PBT in 2020 financial year

Daily Dispatch April 26, 2021

Polaris Bank Limited has released its full-year audited financial results for the year ended December 2020 posting a Profit Before Tax of N28.9 billion. The results, which show the Bank’s second year performance scorecard after two years of operation, have further consolidated the Bank’s position as focused on the path of profitability, growth and value […]

BUSINESS

BUA not part of cement price increase – Management

Daily Dispatch April 25, 2021

The Management of BUA Cement Plc on Sunday debunked claims of a purported increase in the price of its cement by N300 per bag. The management, in a statement obtained from its verified twitter handle, said the company had no plans to increase prices of its cement now or in the near future. According to the […]

BUSINESS

Consumer group begs CBN to abolish policy of confiscation of ATM cards stuck in other banks

Daily Dispatch April 21, 2021

Save the Consumer Initiative, a Non-Governmental Organisation, NGO, has appealed to Central Bank of Nigeria, CBN, to abolish its policy of confiscation of card withheld by Automated Teller Machine, ATM, in commercial banks. Aliyu Ilias, Executive Director of the group said this in a statement on Wednesday in Abuja. He said commercial banks operating in […]

BUSINESS

Nigeria’s trade volume with South Korea plunges by 74%

Daily Dispatch April 20, 2021

The Federal Government on Tuesday said the volume of trade between Nigeria and South Korea plunged by 74 per cent within a two-year period. Minister of Industry, Trade and Investment, Adeniyi Adebayo, specifically stated that the volume of trade between both countries dropped from $5m in 2018 to $1.3m in 2019. In a statement issued […]

BUSINESS TOP STORIES

FIRS calls for adoption of technology in tax processes to block revenue leakages

Daily Dispatch April 20, 2021

Mohammed Nami, executive chairman of the Federal Inland Revenue Service (FIRS), says the adoption of technology is needed to improve tax collection and block revenue leakages. He was speaking on Monday in Abuja at the opening of the maiden ‘Technology & Tax Event’, organised by the Nigeria Governors’ Forum (NGF) with the support of the […]