BUSINESS

Why we are not disbursing N50billion CBN loan- NIRSAL

Daily Dispatch May 22, 2020

As part of the stimulus package announced by the Central Bank of Nigeria (CBN) to help mitigate the impact of the coronavirus pandemic on the economy and businesses, the apex bank introduced an N50 billion Targeted Credit Facility (TCF) in March 2020, to support households and micro, small and

BUSINESS

Rep faults ExxonMobil for sacking 495 employees in Niger Delta

Daily Dispatch May 20, 2020

A member of the House of Representatives from Rivers State, Dr. Farah Dagogo, has flayed ExxonMobil for sacking 495 employees in the Niger Delta region. Dagogo queried the reasons behind the “hasty mass retrenchment” of workers by the oil firm despite the passage of the Nigerian Emergency Economic Stimulus Bill into law by the House […]

BUSINESS

Polaris Bank Has Been Transformed For Growth, Says Abiru

Daily Dispatch May 20, 2020

Polaris Bank Managing Director/CEO, Tokunbo Abiru has said the Bank would leverage on its investment in cutting-edge information technology to harness emerging opportunities and mitigate the disruptive effect of the COVID-19 pandemic on its business. Against the backdrop of the impressive financials of the Bank in 2019, the CEO noted in a special media interview […]

BUSINESS

Senate begins amendment of Nigeria’s local content law to strengthen economy

Daily Dispatch May 19, 2020

The Senate has commenced amendment of the Nigerian Oil and Gas Industry Content Development Act 2010, following the consideration of a bill seeking to boost local content and strengthen the nation’s economy. The Nigerian Oil and Gas Industry Content Development Bill 2020, which scaled second reading on Tuesday, was sponsored by Senator Teslim Folarin (APC […]

BUSINESS

Abandoned FG properties across the nation valued at N230bn – House of Reps

Daily Dispatch May 12, 2020

The House of Representatives Ad-hoc Committee on investigation of Federal Government abandoned properties across the nation says the value of such properties has been put at N230 billion. The Chairman of the committee, Ademorin Kuye, said this on Tuesday at the committee’s inauguration in Abuja. “The figure is a conservative estimation carried out by the […]

BUSINESS

Why we must fear the Almajiri revenge

Daily Dispatch May 8, 2020

BRASS TACKS with Suleiman Uba Gaya 0809 413 4069 (Text Message Only) suleimanuba1@gmail.com Let me start by sharing with my readers an incident that happened somewhere in north-western Nigeria a few years ago: A father took his five years old child to an Almajiri school very far away from the village he lived. He assigned […]