BUSINESS

Fidelity Bank hits N1trn market cap after share price increase

Daily Dispatch June 26, 2025

The Cable NG reports that the market capitalisation of Fidelity Bank has crossed the N1 trillion mark as the share value of the company appreciated by 1.27 percent at the close of trading. According data from the Nigerian Exchange Group (NGX), the bank’s market capitalisation hit N1 trillion

BUSINESS

Oil pprices tumble as Iran-Israel ceasefire takes effect

Daily Dispatch June 24, 2025

Crude oil prices slumped today, following a social media statement by President Trump saying that the Iran-Israel ceasefire is now in effect, putting an end to the war that started on June 13. Israel has agreed to the U.S. ceasefire proposal, while Iran’s state media has reported the ceasefire is now in effect after a […]

BUSINESS

FAAN to ban cash payments nationwide, hike tariffs

Daily Dispatch June 23, 2025

The Federal Airports Authority of Nigeria has announced plans to increase tariffs for all service providers operating at its airports as part of efforts to improve revenue generation. Additionally, the authority will phase out all cash transactions at payment points, moving toward a fully automated and contactless payment system. FAAN disclosed that 92 per cent […]

BUSINESS

NNPC hike fuel price again

Daily Dispatch June 23, 2025

Retail outlets operated by the Nigerian National Petroleum Company Limited (NNPC) have increased the pump price of Premium Motor Spirit (petrol), with stations in Abuja now selling at ₦945 per litre as of Monday. In Lagos, NNPC stations have also adjusted their rates upward to ₦915 per litre, marking a notable shift in fuel pricing […]

BUSINESS

PEBEC commences nationwide tour on ease of doing business

Daily Dispatch June 22, 2025

The Presidential Enabling Business Environment Council (PEBEC) is commencing a nationwide tour to sensitize on the ease of doing business. The tour which would see it conducting technical sessions and town hall meetings in all the 36 states of the federation and FCT is to bring home the strategies on doing business right. A press […]

BUSINESS

Ogun installs world-class aerodrome lighting system at Gateway Airport

Daily Dispatch June 17, 2025

The Gateway International Airport in Ogun State has been successfully built and equipped to compete with any airport of its type and category around the world, making it one of the best-equipped in Nigeria, the Ogun State Government has said. According to a statement on Tuesday by the Special Adviser to Governor Dapo Abiodun on […]