BUSINESS

Fed Govt to raise ₦8.15tr from tax reforms in 2020

Daily Dispatch January 14, 2020

The federal government has disclosed that it plans to raise ₦8.155 trillion through the implementation of the tax reforms contained in the bill. The Ministry of Finance made this disclosure in a statement in Abuja on Tuesday. According to the statement, the finance bill “proposes to introduce

BUSINESS

Dangote plans move to Big Apple city

Daily Dispatch January 9, 2020

Aliko Dangote, Africa’s richest man, plans to take office space in Big Apple New York to help diversify his investments and avoid the risk of currency fluctuations on his home continent. According to a Bloomberg report, Dangote will use the base and an existing one in London to become more global after the completion of […]

BUSINESS

Obaseki to construct textile mill, as Edo eyes top spot in fabric production

Daily Dispatch January 8, 2020

…Textile, cotton producers relish N100m loan from govt The Edo State Governor, Mr. Godwin Obaseki, has revealed that work has reached advanced stage for the construction of a textile mill in the state, as part of his administration’s efforts to make the Edo State the fabric and textile headquarters in Nigeria. Obaseki made this known […]

BUSINESS

Nigeria undergoing reforms for AfCFTA

Daily Dispatch January 6, 2020

Intra-Africa trade has been historically low due to numerous trading rules and tariffs of many countries, leading to untapped potential in the region. To bridge the gap and ensure that there exists a seamless trade within the region, the African Continental Free Trade Agreement (AfCFTA) was formed. The general objectives of the agreement are to […]

BUSINESS

Anchor borrowers’ programme: I will make sure farmers pay back loans, says RIFAN chairman

Daily Dispatch January 5, 2020

The Chairman of Rice Farmers Association of Nigeria, Nasarawa State Chapter, Alhaji Abbas Ramallan, has urged its members to repay the farm inputs loan they received under the Federal Government’s Anchor Borrowers’ Programme. Ramallah made the call at the Wet Season Loan Recovery meeting with local government and zonal chairmen of RIFAN held in Keffi […]

BUSINESS

TEF opens its portal for 2020 entrepreneurship programme

Daily Dispatch January 5, 2020

The Tony Elumelu Foundation (TEF) has opened its application portal (www.tefconnect.com) for applications from African entrepreneurs across all African countries, for the 2020 cohort of the Tony Elumelu Entrepreneurship Programme. In 2019, 3,050 African entrepreneurs benefited from the Programme, a number which will meaningfully increase in 2020.  The TEF