BUSINESS

PIB: NNPC Will Partner Media For Information Sharing -Kyar

Daily Dispatch October 12, 2020

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari says the corporation will partner with the media to ensure Nigerians are properly informed on the new Petroleum Industry Bill (PIB). Kyari gave the assurance at the 3rd Valuechain Magazine Annual

BUSINESS

Debt Burden Of Least Developed Countries Climb To Record $744bn In 2019 – IMF

Daily Dispatch October 12, 2020

The total external debt for the Debt Service Suspension Initiative (DSSI) countries climbed 9.5% to a record $744 billion in 2019 from the previous year highlighting an urgent need for creditors and borrowers alike to collaborate to stave off the growing risk of sovereign-debt crises triggered by the COVID-19 pandemic. According to the latest edition […]

BUSINESS

N68b wiped off Nigerian Stock market, GTB leads losers

Daily Dispatch October 9, 2020

The bears maintained dominance on the Nigerian Stock Exchange on Friday with the market capitalisation declining further by N68 billion. Market cap closed at N14.852 as against the opening value of N14.920 trillion. Also, All-Share Index which opened at 28,546.22 lost 130.91 points or 0.46 per cent to close at 28,415.31. Guaranty Trust Bank topped […]

BUSINESS

79 million Nigerians extremely poor in 2018- World Bank

Daily Dispatch October 8, 2020

Nigeria has the largest poor population in sub-Saharan Africa, with 79 million extremely poor in 2018, the World Bank said in a new report on Wednesday. The country accounts for 20 per cent of the total poor in the region, according to the bank’s biennial ‘Poverty and Shared Prosperity Report’. The report said the COVID-19 […]

BUSINESS

FG signs Bilateral Air Service Agreements with US, three other countries

Daily Dispatch October 6, 2020

The Federal Government has announced signing bilateral air service agreements (BASA) with four countries; the United States of America, India, Morocco, and Rwanda. This was announced by the Minister for Aviation, Mr Hadi Sirika, on Tuesday, explaining that President Muhammadu Buhari had appended his signature to the instruments of ratification on September 30. He wrote

BUSINESS

Access, UBA, Heritage Banks, 3 Others Receive FG’s Letter Of Engagement To Open 774, 000 SPW Beneficiaries’ Accounts

Daily Dispatch October 6, 2020

Following its commitments to teeming entrepreneurs and youths’ empowerment, Access, UBA and Heritage Banks, the Nigeria’s Most Innovative Banking Service providers have been engaged by the Federal Government to commence account opening for beneficiaries of the Special Public Works Programme through-out the 774 local governments. Also, three other financial institutions-