BUSINESS

U.S. votes $105,000 to train Nigerian entrepreneurs

Daily Dispatch October 28, 2019

The United States Consulate-General, Lagos, has announced a partnership with the Tony Elumelu Foundation (TEF) for the training of entrepreneurs from southern Nigeria under the 2019 Tony Elumelu Entrepreneurship Programme (TEEP). The consulate is backing the programme with a public diplomacy

BUSINESS

FG earned N52b from solid minerals in 2017 – NEITI

Daily Dispatch October 27, 2019

The solid minerals sector contributed N52.75 billion to federation revenue in 2017, a 21% increase on the N43.22 billion contributed by the sector in 2016. The information and data followed an independent reconciliation of company payments and government receipts in the sector by the Nigeria Extractive Industries Transparency Initiative (NEITI) in its latest report

BUSINESS

How our Agric business became a billion naira venture – Ex-militant

Daily Dispatch October 26, 2019

Retson Tedheke, the militant who became an agriculture entrepreneur has said that the worth of his farm business in Ga’ate, Nasarawa state is more than N1 billion, encouraging more Nigerians to invest in the sector. Mr Tedheke said he was surprised that many Nigerians find it difficult to believe that his 3,500 hectares farm business […]

BUSINESS

Nigeria loses $15bn to tax evasion – Fowler

Daily Dispatch October 23, 2019

  The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, said Nigeria loses about $15 billion dollars to tax evasion annually. As no few than 50 participants tax experts across the globe meet in Abuja to chart ways to combat offshore tax evasion through exchange of information regime. At the meeting, Fowler said […]

BUSINESS

10 Young African farmers to get $1.1 million from AfDB president

Daily Dispatch October 23, 2019

President of the African Development Bank (AfDB), Akinwunmi Adesina, has awarded 1.1 million dollars to 10 young African agro-entrepreneurs to boost food production in the region Adesina, in a statement by the bank, stressed the need to end hunger and malnutrition, pointing out that it would help achieve lasting peace in the world. He spoke […]

BUSINESS

Investigators uncover how Eco Bank, FGN,Zenith,UBA,Access, others defraud Nasarawa State

Daily Dispatch October 22, 2019

For the 12 banks that had swarmed around Nasarawa revenue pie since 1999, the coming of former governor Tanko Al-Makura in 2015 changed the tide. Al-Makura who was worried stiff on the paltry internally revenue generation, despite the numbers of banks operating in the state, was bent on doing something about it. This becomes paramount […]