BUSINESS

Nigeria’s Inflation jumps to 14.23%

Daily Dispatch November 16, 2020

The National Bureau of Statistics (NBS) Consumer Price Index (CPI) says  inflation has risen by 0.52 per cent to 14.23 per cent in  October. The NBS report, which was released in Abuja on Monday, said that the CPI, which measures inflation, was higher than 13.71 per cent recorded in

BUSINESS

Dangote emerges most valuable brand for 2020

Daily Dispatch November 16, 2020

For the third consecutive year, the pan-African and fully integrated Conglomerate, Dangote Group has emerged Nigeria’s Most Valuable Brand for Year 2020, the outcome of the 2020 edition of the Annual Brand Evaluation, “TOP 50 BRANDS NIGERIA” has revealed. Though, still themed Top 50 Brand, 60 brands were evaluated as being top of the pack in […]

BUSINESS

BPE to sell three power plants for N434b, concession four stadia for N100m

Daily Dispatch November 16, 2020

The Bureau of Public Enterprises has resolved to sell Geregu, Omotosho and Calabar power plants at N434 billion in 2021. The decisions of the BPE were contained in a document presented to the Senate Committee on Privatisation and Commercialisation, chaired by Senator Theodore Orji, during the Bureau’s 2021 Budget defence in Abuja. The Bureau also […]

BUSINESS

FG pledges commitment to gender responsiveness for commodities, export

Daily Dispatch November 12, 2020

By NAN The Federal Government has pledged commitment on the advancement of gender inclusivity and responsiveness in commodities value chain and export. Amb. Mariam Katagum, Minister of State for Industry, Trade and Investment, made this known on Thursday in Abuja, at the official launch of Gender Initiative of the Commodities and Export Department (GICED). GICED […]

BUSINESS

Breaking: NNPC announces oil production milestone

Daily Dispatch November 12, 2020

The Nigerian National Petroleum Corporation (NNPC) and FIRST Exploration and Petroleum Development Company Limited (FIRST E&P) joint venture (JV) have announced the commencement of oil production from Oil Mining Leases (OMLs) 83/85. Discovered 42 yrs ago, the Anyala Field located in OML 83/85 is a shallow water asset. This remarkable milestone, the NNPC said will […]

BUSINESS

Association wants FG to evacuate Nigerian traders stranded in Ghana

Daily Dispatch November 12, 2020

The Nigerian Union of Traders Association in Ghana (NUTAG), under the auspices of the National Association of Nigerian Traders (NANTS), has appealed to the Federal Government to immediately evacuate Nigerian traders stranded in Ghana. Mr Chukwuemeka Nnaji, NUTAG President and Dr Ken Ukaoha, NANTS President, made this appeal on Wednesday when the associations visited the