BUSINESS

Private Firm Off-Takes 54,000 Broilers To Boost Ogun Agricultural Industrialisation Agenda

Daily Dispatch January 31, 2020

By ABIODUN JIMOH, ABEOKUTAGood old days are back again as the much awaited Agricultural Industrialisation Agenda of the Ogun State Government has started yielding fruits.The project has received the needed backing as a private-sector player, Amobyn Farms Nigeria Limited, officially off-took

BUSINESS

MTN to invest over 580 billion naira in Nigeria

Daily Dispatch January 30, 2020

Africa’s leading telecommunication company MTN Group Ltd. has said it will invest $1.6 billion (580 billion naira) to expand its operations in Nigeria. The network provider announced the investment after its senior executives including Chief Executive Officer Rob Shuter and Nigerian President Muhammadu Buhari met on Wednesday. “We are steadfast about our investments in

BUSINESS

FG sacks 30 N-Power beneficiaries in Adamawa

Daily Dispatch January 29, 2020

The Federal Government has sacked 30 beneficiaries of its N-Power programme in Adamawa. Mary Yuwadi, Focal Person of the federal government’s Social Investment Programs ( SIP), made this known in an interview with a correspondent of the News Agency of Nigeria on Wednesday in Yola. Yuwadi noted that the 30 teachers, were  dismissed for absconding […]

BUSINESS INTERNATIONAL NEWS

Coronavirus: British Airways suspend all flights to China

Daily Dispatch January 29, 2020

British Airways has announced a suspension of flights between the United Kingdom and China in light of the Coronavirus outbreak. The airline released a statement on Wednesday morning, stating that all daily flights between Shanghai-Beijing and Heathrow, would be halted with immediate effect after the Foreign Office warned against ‘all but essential travel’ to the

BUSINESS

American Investors Are Coming To Do Business In Ogun – Consul General

Daily Dispatch January 29, 2020

By ABIODUN JIMOH, ABEOKUTA Moves to reduce unemployment rate by Ogun State government is yielding positive results as American investors are anticipated to do business in the state. The United States of America Consul General to Nigeria, Claire Pienangelo gave this assurance after a meeting with the State Goverrnor, Prince Dapo Abiodun in his office […]

BUSINESS

Swedish Company Sued Heritage Bank Over N156mn Unpaid Balance

Daily Dispatch January 28, 2020

In a bid to seek redress in a breach of contract business, a Swedish company, FSA FORTEX AB has dragged Heritage Bank Plc before a Federal High Court sitting in Lagos, Nigeria claiming the sum of N156,232,011. Joined as co-defendant in the ensuing legal hostility is a Nigerian company OFOLIX International Limited. According to a […]