BUSINESS

Trump advises OPEC not to restrict supply

Daily Dispatch December 6, 2018

US President Donald Trump has advised  OPEC ahead of its meeting today,  to keep crude flowing and not curb supply as he continued to lobby for lower prices. “Hopefully OPEC will be keeping oil flows as is, not restricted. The World does not want to see, or need, higher oil prices!,” he tweeted

BUSINESS

Survey reveals sustained confidence in Nigeria economy by businesses

Daily Dispatch December 6, 2018

The Central Bank of Nigeria’s (CBN) Monthly Business Expectation Survey for November 2018, has revealed that businesses are more optimistic about macroeconomic growth. The report, posted on the central bank’s website also revealed that firms anticipated that the naira would appreciate. It stated: “At 25.9 index points, respondents’ overall confidence index (CI) on the

BUSINESS

Rice importation ends 2020

Daily Dispatch December 4, 2018

Rice importation into Nigeria would end by 2020, the Policy Adviser of the John Kufuor Foundation (JKF), Hon. Abraham Dwuma, has said. He also said that Africa Rice Advocacy Platform (ARAP) under the JKF was also focused to achieve zero importation of rice on the continent. Dwuma told the News Agency of Nigeria (NAN) in […]

BUSINESS

World Bank announces $200bn for climate action investment

Daily Dispatch December 3, 2018

The World Bank on Monday announced 200 billion  dollars towards climate action investment for 2021-2025  as nations gather for  United Nation’s annual climate change conference in Poland,  AFP reports. Representatives from nearly 200 nations have converged in Poland’s Katowice on Sunday for the United Nations’ annual climate change conference. “Climate change is an

BUSINESS

Oil marketers give FG seven days to pay N800b subsidy debts

Daily Dispatch December 2, 2018

Oil marketers on Sunday in Lagos issued a seven-day ultimatum, demanding that the Federal Government settle the outstanding debts totalling N800 billion, failing which depots would cease operation across the country. The marketers, comprising Major Oil Marketers Association of Nigeria, Depot and Petroleum Products Marketers Association and Independent Petroleum Products

BUSINESS

MTN Nigeria unveils 4th edition of ”Season of Surprises”

Daily Dispatch December 2, 2018

MTN Nigeria on Sunday in Lagos unveiled its 4th edition of ‘Season of Surprises’ in commemoration of the Christmas season. The Human Resources Executive of MTN Nigeria, Mrs Esther Akinnukawe, said that the ‘Season of Surprises’ was part of MTN’s community development initiatives which would spread to other parts of the country. According to her, […]