BUSINESS

House of Reps reject report on Atiku’s company, Intel over $200million debt

Daily Dispatch January 23, 2019

Intels Nigeria limited, A firm largely owned by former Vice President, and PDP presidential candidate, Atiku Abubakar is owing Nigerian government over $200 million and therefore should not be allowed to return to operations until it settles its debt This is the submission of a member of the

BUSINESS

Refinery: FG will source forex from Dangote – CBN Gov

Daily Dispatch January 21, 2019

The Federal Government will soon start sourcing foreign exchange (forex) from Dangote Group, as soon as the latter’s refinery, petrochemicals and fertilizer projects come on stream. This potential reversal of roles was disclosed by the Central Bank Governor, Mr. Godwin Emefiele, after he spent over four hours touring the ongoing Dangote Refinery, Petrochemicals,

BUSINESS

10 developments that will shape Africa’s energy sector in 2019

Daily Dispatch January 21, 2019

After a year of rebound and recovery, Africa’s old and new hydrocarbons markets have an opportunity to further entrench the continent’s position as the world’s hottest oil and gas frontier in 2019. However, the new year also brings a new set of dynamics and challenges set to influence the future of the industry, from presidential […]

BUSINESS

9mobile appoints new Chief Financial Officer

Daily Dispatch January 21, 2019

Telecommunications company, 9mobile has announced the appointment of Mr Phillips Oki as its new Chief Financial Officer. The Acting Managing Director of 9mobile, Stephanie Beuvelet, who disclosed this in a statement issued in Lagos on Monday, said that Oki has resumed duty. Beuvelet said that Oki emerged as the best person for the position after […]

BUSINESS

New report details oil international oil companies impoverish Nigeria through massive crude oil stealing

Daily Dispatch January 21, 2019

A new report on the age-long crude oil theft in Nigeria has revealed how International Oil Companies (IOCs) in the Niger Delta region steal and siphon large volumes of crude oil from the country undetected by her authorities. The report revealed the revenue losses over the last few years, and estimated that the country lost […]

BUSINESS

Oduah plans ICT mall to boost N6.4bn Onitsha market turnover

Daily Dispatch January 20, 2019

Senator Stella Oduah has said that she would build an Information and Communication Technology Mall in Onitsha that will boost the N6.4 billion turnover of the Market. In an interview with the News Agency of Nigeria (NAN) on Sunday, the Senator who represents Anambra North in the Senate, said that the mall was part of […]