BUSINESS

‘Why Dangote refinery serves as economic transformation catalyst’

Daily Dispatch December 21, 2020

.Nominates Dangote to UN for Industrial Ambassador award Citing economic benefits accruing from the multi-billion dollars 650,000 bpd capacity Dangote Refinery currently under construction, Organized labour at the weekend threw its weight behind the project describing it as a singular

BUSINESS

‘How Dangote Cement promo impacts beneficiaries businesses’

Daily Dispatch December 21, 2020

*As over 450-star winners emerged As the curtains draw on the Dangote Cement Bag of Goodies 2020 Season 2 promo, beneficiaries are still enjoying the euphoria of the impact of the promo on their lives and businesses. The mega promo, which produced over 450 lucky winners across the country, has impacted positively on the businesses […]

BUSINESS

Yuletide: DPR Warns Against Panic Buying, Hoarding Of Petroleum Products

Daily Dispatch December 17, 2020

The Department of Petroleum Resources (DPR), Osogbo Field Office, has warned residents of the state against panic buying, hoarding and storing of petroleum products at home during the Yuletide period. Mr Benjamin Ogunnubi, the DPR Operations Controller in Osun, gave the warning in an interview with the News Agency Nigeria (NAN) on Thursday in Osogbo. […]

BUSINESS

AKK gas pipeline is at 15% completion — Kyari

Daily Dispatch December 15, 2020

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, says the construction of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project is currently at 15 per cent completion. Kyari disclosed this at the inspection of the second leg of the project at Karogo community in Igabi Local Government Area, Kaduna State, on […]

BUSINESS

Nigeria Inflation Hits 14.89%, A 31-month High

Daily Dispatch December 15, 2020

Nigeria’s inflation rate has climbed to a 31-month high, as it rose further to 14.89 per cent in November, the latest figures by the National Bureau of Statistics (NBS) has shown. The report published on the website of the bureau shows that the new inflation rate is 0.66 percent points higher than the rate recorded […]

BUSINESS

World Bank approves $3bn for Nigeria

Daily Dispatch December 15, 2020

After threatening to withhold $1.5 billion until Nigeria carries out foreign exchange reforms to its satisfaction, the world Bank has finally approved the facility for Nigeria. While Nigeria is still working on its forex reforms, it appears the World Bank was moved to change its mind because “government revenues could fall by more than $15 […]