BUSINESS

Tony Elumelu Foundation to Open Applications for the 2020 TEF Entrepreneurship Programme on January 1, 2020

Daily Dispatch December 1, 2019

The Tony Elumelu Foundation (TEF) — Africa’s leading philanthropy dedicated to empowering African entrepreneurs — will begin accepting applications for the 2020 cohort of the TEF Entrepreneurship Programme, on January 1, 2020. Applications are made through TEFConnect, the digital networking hub

BUSINESS

‘Vandals’ rupture Shell pipeline in Rivers

Daily Dispatch November 30, 2019

The fear of explosion has gripped residents of Eneka Community in Obio-Akpor local government area of Rivers State because of the ruptured petroleum products high-pressure pipeline belonging to Shell Petroleum Development Company, SPDC, which was gushing out products on Friday. A suspected case of pipeline vandalism occurred in a location near the Army shooting range, […]

BUSINESS

Like Senate, Reps Pass Finance Bill Proposing VAT Increase, Others

Daily Dispatch November 28, 2019

The House of Representatives has passed the Finance Bill, 2019 submitted by President Muhammadu Buhari. Members present at Thursday’s plenary passed the bill one week after it scaled through the third reading and was passed on the floor of the Senate in Abuja. The bill seeks to amend six tax provisions and make them more […]

BUSINESS

‘Privatisation of SAHCOL best reform initiatives by BPE-DG, Okoh

Daily Dispatch November 28, 2019

By Femi Olaojo Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has described the Privatisation of the Skyway Aviation Handling Company Limited (SAHCOL) as one of the best enterprise/reform initiatives implemented by the Bureau. Speaking at the Inauguration of an Inter-agency Committee for the negotiation and resolution of the outstanding […]

BUSINESS

Borders closure responsible for rise in inflation-FG

Daily Dispatch November 27, 2019

The Federal Government has admitted that the closure of the country’s land borders is contributing to rising inflation. According to recent figures from the Nigeria Bureau of Statistics, the headline inflation stood at 11.61 per cent as of October. The Minister of Finance/Budget /National Planning, Mrs Zainab Ahmed, told State House Correspondents that inflation rose […]

BUSINESS

Settle US62.1b indebtedness, Malami tasks oil companies

Daily Dispatch November 26, 2019

Abubakar Malami, Attorney-General of the Federation and Minister of Justice, has asked the International Oil Companies to settle their arrears of indebtedness to the federal government approximated to sixty-two billion,one hundred and ninety million, six hundred and seventy-nine thousand, seven hundred and ninety three dollars. The Minister observed that since the signing