BUSINESS

Jaiz Bank transcends religious affiliation – chief

Daily Dispatch November 8, 2019

The Managing Director, Jaiz Bank Plc, Mallam Hassan Usman has explained that the workings and offerings of the bank are available to all customers regardless of their religious beliefs and ethnicity. Usman while addressing journalists at a media session in Lagos said though the bank operates

BUSINESS

Obasanjo’s mango plantation set to employ 1000 workers in Benue

Daily Dispatch November 4, 2019

Former Nigerian President Olusegun Obasanjo, is set to become a big employer of labour in Benue state, with his mango plantation and fruit juice factory in Howe, Gwer East Local Government Area. During a visit to the farm on Monday, Obasanjo said he will be employing about 1,000 people to tend the farm and work […]

BUSINESS

Borders re-opening: FG sets conditions

Daily Dispatch November 4, 2019

The federal government has given conditions for the reopening of borders. It insisted ECOWAS countries must respect rules of origin, vowing it Nigeria will no longer tolerate repackaging of imported goods. It declared any good coming into the country from ECOWAS states must have 30% local inputs. The federal government maintained that goods imported for […]

BUSINESS

No rice importation, plant your rice on Nigerian soil- FG tells Vietnam

Daily Dispatch October 31, 2019

The Nigerian government has rejected offers from Vietnam to import rice into the country at discounted rates. The government instead urged Vietnamese investors to build rice processing mills in Nigeria. Sunday Akpan, the Permanent Secretary in the Ministry of Industry, Trade, and Investment disclosed the position of the Nigerian government while speaking at the

BUSINESS

$107b withdrawn from ECA in 15 years

Daily Dispatch October 30, 2019

According to fresh statistics from Nigeria’s civic tech organization, BudgitNG, it has revealed that a total of $107 billion was withdrawn from Excess Crude Account (ECA) between 2004 and 2018. The statistics which were posted on the organisation’s official Twitter handle showed that the withdrawals were done between January 2004 and April 2018. This indicates […]

BUSINESS

FG approves N19.18bn loan for nine local cotton processors

Daily Dispatch October 30, 2019

The Federal Government has approved the sum of N19.18 billion to produce quality cotton seeds to revive the nation’s value chain in the cotton, textiles and garments sector. Speaking at a high-level meeting in Abuja, Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele explained that nine firms will be given the funds as […]