BUSINESS

Ogun State is now environmental friendly for private investors- MAN boss

Daily Dispatch September 25, 2019

By ABIODUN JIMOH, ABEOKUTA For providing an enabling environment to private sectors to adequately strive, Manufacturers Association of Nigeria (MAN), Ogun State branch has commended the state government for this laudable feat. Chairman of the state branch of MAN, Saleem Adegunwa made this

BUSINESS

Illegal Tax deductions: FIRS to refund $2m, others to General Electric

Daily Dispatch September 24, 2019

The Federal Government has urged General Electric to refund two million dollars excess withholding tax (WHT) deducted from Arco Petrochemicals Engineering Company Limited, through its business dealings with General Electric (GE) International Operations Nigeria. This was part of outcome of the negotiations between FIRS officials, General Electric, ARCO and the Trade Union

BUSINESS

World Economic Forum endorses Buhari’s social investment programmes

Daily Dispatch September 24, 2019

The Schwab Foundation, a sister organisation of the World Economic Forum (WEF), has endorsed President Muhammadu Buhari’s National Social Investment Programmes(N-SIPs). Justice Bibiye, Communications Manager, National Social Investment Office (NSIO), in a statement on Monday, in Abuja, said the foundation conferred the prestigious Public Social Intrapreneur award on Mrs

BUSINESS

Cashless policy: CBN clarifies transaction charges

Daily Dispatch September 23, 2019

The Central Bank of Nigeria (CBN) says the transaction charges on deposit and withdrawal in furtherance of the implementation of its cashless policy is on the amount in excess of the set limits. The Director, Corporate Communication Department, Mr Isaac Okorafor, made the clarification in Abuja on Monday. NAN reports that CBN on Sept 17 […]

BUSINESS

New NPDC-CPDC deal to fetch Nigeria $6.35 billion in taxes and royalties

Daily Dispatch September 22, 2019

The push by the Management of the Nigerian National Petroleum Corporation (NNPC) to increase crude oil production and grow the nation’s revenue profile was boosted with the closure of $875.75m alternative financing deal for the Nigerian Petroleum Development Company (NPDC) operated OML 65 through the Funding and Technical Services Agreement with CMES-OMS Petroleum

BUSINESS

70,000 Borno farmers to benefit from CBN’s ABP

Daily Dispatch September 22, 2019

The Central Bank of Nigeria (CBN) says it has targeted about 70, 000 farmers and business under its Anchor Borrower Programme (ABP) in Borno for 2019. Mr Mahmood Nyako, the Head of Finance Development Office (DFO) of the CBN in Maiduguri, made the disclosure in an interview with the News Agency of Nigeria (NAN) in […]