BUSINESS

FG to question Atiku over collapse of Bank PHB

Daily Dispatch January 18, 2019

Alhaji Atiku Abubakar, the Presidential candidate of the Peoples Democratic Party(PDP) has questions to answer over slush funds that led to the collapse of former Bank PHB. The Minister of Information and Culture, Alhaji Lai Mohammed, who briefed State House correspondents on Friday in Abuja,

BUSINESS

Shun personal and sectional interest – BPE DG charges YEDC management

Daily Dispatch January 17, 2019

Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has charged members of the Management Board of the Yola Electricity Distribution Company (YEDC) to shun personal and sectional interests in the discharge of their duties.   Inaugurating the Board of the company headed by Mr. Gbeleyi Ayodeji on Wednesday, January 9, […]

BUSINESS

Financial inclusion: CBN unveils new policy to capture the unbanked

Daily Dispatch January 17, 2019

The Central Bank of Nigeria (CBN), on Thursday unveiled the National Financial Inclusion Strategy designed to ensure that at least 80 per cent of Nigerians have access to banking and other financial services. Mrs Aisha Ahmad, the CBN Deputy Governor on Financial System Stability, made the presentation at the National Financial Literacy Stakeholders’ Conference in […]

BUSINESS

VP Osinbajo chairs NEC meeting on new minimum wage

Daily Dispatch January 17, 2019

Vice President Yemi Osinbajo is currently presiding over the National Economic Council (NEC) meeting at the Presidential Villa, Abuja. The meeting, which will deliberate on the minimum wage request, among other issues, started around 11.26am on Thursday when Osinbajo arrived at the Council chamber. After the National anthem, opening prayer was offered by Plateau State […]

BUSINESS

Federal government to implement agric mechanization programme with $1.1 billion loan from Brazil

Daily Dispatch January 17, 2019

The Federal Government is set to implement ‘The Green Imperative’ agricultural mechanization programme with a $1.1billion loan from the Brazilian government. The Green Imperative is a Brazil – Nigeria bilateral project conceived to enhance the agricultural sector through the provision of modern machineries/implements. Speaking during the launching of the project by the

BUSINESS

Nigeria ranked among top 10 cheapest petrol selling countries – Report

Daily Dispatch January 16, 2019

Nigeria ranks among the top 10 cheapest petrol selling countries in the world, a policy group has revealed in its latest report. In its report released on 15 January, the Global Economic Policy Initiative, GEPin, said Nigeria presently ranks number six in the world only behind Venezuela, Sudan, Iran, Kuwait and Algeria. The group president, […]