BUSINESS

NNPC will be a global company under my watch – Kyari

Daily Dispatch July 8, 2019

The newly appointed Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, has promised to position the institution at a global level. My Kyari made this know during his inauguration as the 19th GMD at the amphitheater of the NNPC Towers in Garki,

BUSINESS

Africa inches toward ‘historic’ free trade zone

Daily Dispatch July 5, 2019

The African Union launches the “operational phase” this weekend of a long-awaited trade accord, but analysts say the continent faces an uphill task to transform the pact into reality. The 55-nation AU, gathering for a summit in Niger, will give the formal push to a deal to phase out tariffs on trade from the Cape […]

BUSINESS

Breaking: NSE postpones Airtel listing

Daily Dispatch July 5, 2019

The Nigerian Stock Exchange has just announced that the planned Cross Border Secondary Listing of 3,758,151,504 ordinary shares of Airtel Africa Plc has been postponed from Friday. According to the Exchange, the postponement was necessitated by the need to ensure that Airtel meets all the post NSE approval pre-requisites for listing on the Exchange. The […]

BUSINESS

Buhari set to sign African Free Trade agreement

Daily Dispatch July 3, 2019

The Federal Government has expressed its readiness to sign the African Continental Free Trade Area (AfCFTA) agreement in the forthcoming African Union Summit in Niamey, Niger. The News Agency of Nigeria (NAN), reports that the ordinary and extraordinary session of the AU summit is scheduled to hold from July 4 to July 7. The First […]

BUSINESS

Breaking: Workers shut down warri refinery

Daily Dispatch July 3, 2019

Hundreds of youths and about 500 support staff on Wednesday shut down commercial activities at the Warri Refining and Petrochemical Company, Ekpan, Uvwie Local Government Area of Delta State, over alleged management’s failure to regularise their engagements. The protesters, drawn from across the Niger Delta states, vowed to continue with their protest and ensure that major

BUSINESS

[Video] Breakin: Apapa port, others shut as maritime workers begin strike

Daily Dispatch July 3, 2019

Maritime workers under the aegis of the Maritine Workers Union of Nigeria (MWUN) on Wednesday made good their threat of protesting over their unpaid entitlements by the International Oil Companies (IOC) by grounding port operations. BREAKING: Maritime workers under the aegis of the Maritine Workers Union of Nigeria (MWUN) on Wednesday morning, shut down Nigeria's […]