BUSINESS

Kaduna Electric begins network maintenance

Daily Dispatch February 18, 2019

Kaduna Electric has said it has begun a series of network maintenance that would result in interruptions in power supply. It said the maintenance was necessary ahead of the coming rainy season ro ensure more qualitative power supply. The company made this known in a statement signed by its Head

BUSINESS

Election postponement: Nigeria has lost $1.5bn – LCCI

Daily Dispatch February 16, 2019

Muda Yusuf, Director General of the Lagos Chambers of Commerce and Industry (LCCI) has said that Nigeria would lose about $1.5 billion owing to the postponement of the general elections. In a telephone interview with INDEPENDENT, Yusuf asserted that the country would loss nothing less than the said amount because of the shutdown of the […]

BUSINESS

Nigeria will lose more than N140bn over election postponement – Traders

Daily Dispatch February 16, 2019

Mr Ken Ukaoha, President, National Association of Nigerian Traders (NANTs) says the country will lose more than N140 billion due to the postponement of the general elections. Ukaoha disclosed in Abuja on Saturday that the postponement would affect the trading sector adversely. He noted that many traders did not open their shops due to the […]

BUSINESS

How Access Bank plans to attract trade finance with Diamond Bank merger

Daily Dispatch February 15, 2019

Access Bank Plc on Friday said it would be well positioned to attract more opportunities from international partners with its Diamond Bank merger. Mr Herbert Wigwe, the bank’s Chief Executive Officer, said this in Lagos while speaking on the benefits of its merger with Diamond Bank Plc. Wigwe said the bank, after the merger, would […]

BUSINESS

Ghana’s “Alomo Bitters’’ sold 580,000 cartons in Nigeria

Daily Dispatch February 15, 2019

Alomo Bitters, a herbal alcoholic drink produced by Kasapreko Ltd., a Ghanaian-owned company based in Ghana, sold 13.9 million bottles in the Nigerian market in 2018. The Nigerian Sales Representative, Kasapreko Ltd., Mr John Adesoye, told NAN on Friday in Lagos that 580,000 cartons of the product were sold in Nigeria in 2018. According to […]

BUSINESS

Buhari govt. committed to private sector driven economy-Okoh

Daily Dispatch February 14, 2019

Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has reiterated the commitment of the President Muhammadu Buhari’s administration to a private sector driven economy; and called on local and international businessmen to take advantage of the government’s open door policy to establish businesses in the country. Speaking at the official […]