BUSINESS

Niger, AGRA, Others, To Invest Over N200m In Agric. Sector

Daily Dispatch December 6, 2020

Niger state government, Alliance for a Green Revolution in Africa (AGRA) and other development partners are to invest N200.6 million in the agriculture sector. Alhaji Ahmed Matane, Secretary to the State Government (SSG), disclosed this during a press conference in Minna on Thursday. He said

BUSINESS

Kano rice farmers want irrigation scheme rehabilitated

Daily Dispatch December 6, 2020

Some farmers in Bagwai Local Government Area, Kano State have called on the state government to rehabilitate the Watari Irrigation dam to enable them cultivate their farmlands during the dry season. A cross section of the farmers made the call in interviews with the News Agency of Nigeria (NAN) on Sunday at Sector 1, Water […]

BUSINESS TOP STORIES

Finance Bill: TIN compulsory for Corporate account holders

Daily Dispatch December 3, 2020

The Finance Bill, 2020 on Wednesday passed first and second readings in the Senate, a day after President Muhammadu Buhari presented it. Section 49 of the Finance Act has been amended to make the provision of Tax Identification Number (TIN) mandatory for persons intending to open a bank account for business operations. The executive bill […]

BUSINESS

N2bn tax evasion: KGIRS seals off Dangote cement factory

Daily Dispatch December 3, 2020

…….as company staff, hoodlums attacks KGIRS officials Kogi State Internal Revenue Service on Wednesday, sealed the facilities of Dangote for giving a cover to two foreign companies operating under the Dangote Cement Factory in Obajana over their refusal to pay taxes worth over Two Billion Naira to the Kogi State Government. The Head of Enforcement […]

BUSINESS

N32bn Judgment: Innoson Seeks Court Order Restraining GTB From Name Change

Daily Dispatch November 30, 2020

IVM Innoson, Group of Companies , through one of its subsidiaries, Innoson Nig. Ltd. has asked court to stop Guaranty Trust Bank (GTB) from transmuting to a Private and a Financial Holding Company until it pays the over N32 billion Supreme Court judgement debt. A statement by Cornel Osigwe, Spokesman, Innoson Motors alleged that GTB […]

BUSINESS

Oil Price Rises Above $48 Amid COVID-19 Vaccine Optimism

Daily Dispatch November 27, 2020

Oil price rose above $48 per barrel on Wednesday as expectations that effective COVID-19 vaccine and the reports that the US President-elect, Joe Biden has started transition to the White House boost fuel demand. Brent crude, a Nigerian type of oil, rose by $0.51 to $48.37 per barrel as of 7:00 pm Nigerian time on […]