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Breaking: IMF grants debt relief to 28 countries

Daily Dispatch April 6, 2021

The Executive Board of the International Monetary Fund (IMF) has approved the third tranche of grants for debt service relief for 28 member countries under the Catastrophe Containment and Relief Trust (CCRT). This is according to a statement issued by the fund in Washington D.C. on Monday. It

BUSINESS

USSD: Banks disconnect MTN from banking channels

Daily Dispatch April 2, 2021

Commercial banks have disconnected MTN customers from banking channels including the Unstructured Supplementary Service Data and banking apps. MTN customers complained on Friday about being unable to recharge their MTN lines using USSD and other banking channels like the bank apps. Customers were also unable to do banking transactions on MTN lines through USSD.

BUSINESS

FG, States’ Debt Profile Rise To N32.92trn – NBS

Daily Dispatch March 29, 2021

Nigeria’s total public debt portfolio as at December 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. It made the revelation in its Nigerian Domestic and Foreign Debt report for Quarter Four, 2020, obtained from its website on Monday in Abuja.It added that the debt profile was for the States and […]

BUSINESS

Polaris Bank Webinar: Experts outline winning strategies on how women could build wealth

Daily Dispatch March 27, 2021

Three accomplished Nigerians and leading authorities in government and finance sectors; Yewande Sadiku, Osayi Alile and Teju Abisoye have jointly enjoined Nigerian women to explore multiple investment opportunities available to build a sustainable wealth that would last generations.  The trio gave the advice at a webinar organised by Polaris Bank on Tuesday in Lagos as

BUSINESS

CBN keeps monetary policy rate at 11.5%

Daily Dispatch March 23, 2021

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to retain the monetary policy rate at 11.5 percent. The announcement was made on Tuesday by the CBN governor, Godwin Emefiele at the end of a two-day meeting at the CBN headquarters. The committee also retained the liquidity ratio at 30 […]

BUSINESS

OGIRS urges taxable adults to file in 2020 annual returns

Daily Dispatch March 22, 2021

Ogun State Internal Revenue Service (OGIRS), has called on taxable adults in the State to file in their annual returns on income from all sources for the year 2020, in compliance with the provision of section 41 of the Personal Income Tax Act (PITA), 2011 as amended. A release signed by the Executive Chairman of […]