BUSINESS

FG Generates N5.21tn From Oil Sales In H1

Daily Dispatch August 12, 2025

The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, raked in N5.21tn from the sale of crude oil, gas and other economic activities in the first six months of 2025. It said the revenue inflow represents 42.7 per cent of the record N12.2tn it generated in the

BUSINESS

Press Release: Dangote Refinery crashes ex-depot price of petrol by N30:00

Daily Dispatch August 12, 2025

Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly referred to as petrol, by N30.00, from N850 to N820 per litre, effective from 12th August 2025. As part of our unwavering commitment to national development, Dangote Petroleum Refinery assures the public of a consistent and uninterrupted […]

BUSINESS

Zulum Establishes Industrial Hub Management Unit to Bolster Trade, Investment

Daily Dispatch August 11, 2025

Borno State Governor, Prof. Babagana Zulum has approved the establishment of a dedicated Borno State Industrial Hub Management Unit to boost trade and investment. The Industrial Hub, located in the state capital, Maiduguri, is a multi-facility complex designed to stimulate economic growth through diversified processing and manufacturing activities. In a statement issued by

BUSINESS

31 States Cannot Attract Foreign Capital Inflow, But Spend Funds Recklessly – NBS Report

Daily Dispatch August 9, 2025

The National Bureau of Statistics (NBS), in its Capital Importation report for Q1, 2025 has revealed that 31 states of Nigeria failed to attract any form of foreign capital Inflow during the period under review.This was despite collectively spending billions of naira in public funds on local and foreign trips purportedly aimed at driving investment.The […]

BUSINESS

NNPC Retail Addresses Pump Attendant Misconduct at Ikorodu Station

Daily Dispatch August 8, 2025

…Imposes Sanctions, Reaffirms Commitment to Customer Service ExcellenceThe attention of NNPC Retail Limited has been drawn to a recent video circulating on social media platforms depicting a pump attendant at a filling station attempting to swindle a customer. Following a thorough investigation, the incident has been traced to a station in Ikorodu, Lagos.NNPC Retail

BUSINESS

The incident Involving Value Jet And KWAM1: Aviation Minister, Festus Keyamo speaks

Daily Dispatch August 7, 2025

I have received reports from all the relevant Aviation agencies regarding the altercation between the staff and crew of ValueJet and Kwam 1 at the Nnamdi Azikiwe International Airport, Abuja, on Tuesday, August 7, 2025. I have also received video footages of the incident. From all the details so far received, my preliminary impression is […]