BUSINESS

BHP in talks with three firms for LNG bunker supply contract – Executive

Daily Dispatch September 21, 2020

BHP Group is in talks with three companies for the supply of liquefied natural gas (LNG) to fuel five ships it plans to use to transport iron ore between Western Australia and China, a senior company executive told Reuters. A contract is expected to be awarded next month after an initial eight

BUSINESS

CSR: Dangote Cement commits N4bn to projects in Ogun host communities

Daily Dispatch September 21, 2020

Dangote Cement Plc, says it has committed over N4 billion into various Corporate Social Responsibility (CSR) projects in its 14 host communities in Yewa land in Ogun. The company made this known in a statement signed by the Media and Community Relations Manager of Dangote Industries Limited, Mr Francis Awowole-Browne, on Sunday. “Since the inception of […]

BUSINESS

Oil rises after OPEC warn members to stick to quotas

Daily Dispatch September 18, 2020

Oil prices rose for a fourth day in a row on Friday, putting crude on track for a weekly gain of about 10 per cent, after Saudi Arabia pressed allies to stick to production quotas and banks, including Goldman Sachs, predicted a supply deficit. Brent crude was up 18 cents at $43.48 a barrel by […]

BUSINESS

Stakeholders applaud call for increased banks support to agriculture

Daily Dispatch September 18, 2020

Some stakeholders in the agriculture sector have commended the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, for calling on the Nigerian banking sector to increase support for the agriculture sector. Emefiele made the call on Tuesday in his address at the 13th Annual Banking and Finance Conference organised by the Chartered […]

BUSINESS

Money Laundering: CBN Probes 13 High Profile Nigerians

Daily Dispatch September 18, 2020

Just about two weeks after CBN frozen accounts of  38 companies over  foreign exchange(forex) infractions, the Central Bank of Nigeria has again ordered banks to provide details of the domiciliary account statements of some high profile customers and other accounts linked to them through their Bank Verification Numbers. In a letter to all the

BUSINESS

DPR warns marketers against exploitation

Daily Dispatch September 16, 2020

The Department of Petroleum Resources (DPR) has warned marketers operating in Zamfara not to use petrol subsidy removal as an excuse to exploit customers at the filling stations. The Operations Controller in charge of Gusau DPR Field Office, Alhaji Yusuf Shehu, who gave the advice on Wednesday  while briefing  newsmen in Gusau, said that the […]