BUSINESS

Accounting profession not for corrupt people – ANAN Chairman

Daily Dispatch December 7, 2019

Mr Sunday Olaoye, the Chairman, Association of National Accountants of Nigeria (ANAN), Osun Branch, says the accounting profession is not meant for corrupt people. Olaoye made the statement at a news conference to announce the programme of events for the association’s Mandatory Continuing

BUSINESS

CBN appoints Ahmed Bello Umar Director, Currency Operations

Daily Dispatch December 6, 2019

The Central Bank of Nigeria (CBN) has appointed Ahmed Bello Umar as the new Director, Currency Operations. The appointment took effect on Thursday, December 5, 2019. Umar succeeds Priscilla Ekwueme Eleje, who bowed out same-day having reached the statutory retirement age. A statement signed by the Director, Corporate Communications Department, Isaac Okorafor confirmed that

BUSINESS

Only 6 persons board Iju-Ibadan free train in 2 days

Daily Dispatch December 3, 2019

The free train ride between Lagos and Ibadan on the new standard gauge train commenced on Monday, but in two days only six passengers boarded the train in two separate trips. Transport minister Rotimi Amaechi had declared the free ride on Saturday after a test-run of the train from Iju in Lagos to Ibadan, Oyo […]

BUSINESS

Federal government saves $1.3 trillion from central bank’s intervention programmes

Daily Dispatch December 3, 2019

The Deputy Governor, Corporate Services of the Central Bank of Nigeria, Edward Lamatek Adamu has revealed that the plethora of economic interventions of the apex bank have saved the federal government about N1.3 trillion via import bills. He said the savings came from improving domestic supply of four commodities (rice, fish, sugar, and wheat), which […]

BUSINESS

Border closure: Buhari, PPRA differ on 30 percent down fuel consumption

Daily Dispatch December 3, 2019

President Muhammadu Buhari said Nigeria’s domestic fuel consumption had dropped by more than 30 per cent since the closure of the border with neighbouring countries, suggesting that there had been much leakage across the frontiers. Buhari, who is Nigeria’s substantive oil minister, made the disclosure when he received a delegation of Katsina State Elders Forum […]

BUSINESS

No Fuel Scarcity This Yuletide – FG

Daily Dispatch December 3, 2019

The Federal Government has assured that there will be no scarcity of Petroleum Products during this yuletide. The assurance was given by top Federal government officials during a meeting in Abuja with stakeholders in the oil and gas sector. The meeting, which was held at the Presidential Villa, was chaired by the Chief of Staff […]