BUSINESS

Breaking: Teleology takes over 9Mobile, Nasiru Ado Bayero heads board

Daily Dispatch November 12, 2018

Teleology has formally taken over control of Nigeria’s troubled telecommunication company, 9mobile, by appointing a new board of directors, headed by 54 year-old Nasiru Ado Bayero. Stephane Beuvelet will serve as the acting managing director, according to a statement by Mohammed Edewor, a new

BUSINESS FEATURES

Nigeria’s airlines fly Africa’s oldest planes, Dana’s aircraft 28 years old

Daily Dispatch November 11, 2018

Nigeria’s commercial airlines have the oldest aircraft fleet in Africa, with the age of an aircraft in one of the airlines, being 28.1 years, the age many planes are either due for retirement or decommissioning or may have been retired at least some years earlier. In sharp contrast, major African airlines, such as Ethiopian Airlines, […]

BUSINESS

Vlisco proposes $200m investment in Nigeria

Daily Dispatch November 11, 2018

Vlisco Group, a Dutch clothes firm, has proposed an investment of 200 million dollars by the company in Nigeria, which would, in turn, create 700,000 jobs. President Muhammadu Buhari has welcomed the proposal and pledged to revive the ‘good old days’ when the cotton and textile industry employed hundreds of thousands of Nigerians. The president […]

BUSINESS

FEPSAN begs NASS to pass 13-year-old Fertiliser Bill

Daily Dispatch November 11, 2018

The Fertiliser Producers and Suppliers Association of Nigeria (FEPSAN) has begun a final push to get the Fertiliser Bill, which has been in the National Assembly for the past 13 years, passed. FEPSAN President Mr Thomas Etuh, in an Interview with the News Agency of Nigeria (NAN) on Sunday, said that that association was making […]

BUSINESS

NNPC sacks 500 workers for failing promotion test

Daily Dispatch November 11, 2018

No fewer than 500 employees are about to be dropped from the payroll of the Nigerian National Petroleum Corporation (NNPC) for reportedly failing to scale through a mandatory personnel assessment and promotion examinations the corporation recently conducted, a leading Nigerian newspaper THISDAY has gathered. Very reliable sources within the state oil company said the issue

BUSINESS

FG must ban NPK fertiliser import to save N720bn – FEPSAN

Daily Dispatch November 11, 2018

The Fertiliser Producers and Suppliers Association of Nigeria (FEPSAN), on Sunday, called on the Federal Government to ban the importation of  Nitrogen Phosphorus Potassium (NPK) fertiliser, stressing that it was costing the nation grave loses. Speaking with our correspondent in Abuja, the President of the Association, Mr Thomas Etuh said that the nation could save […]