BUSINESS

Zainab Ahmed: Nigeria will not lose focus on economic diversification

Daily Dispatch October 23, 2018

The Minister of Finance, Mrs Zainab Ahmed, says the Federal Government will not lose focus on diversifying the economy from oil to other sustainable sectors like agriculture. Ahmed said this at the ongoing 24th Nigerian Economic Summit on Tuesday in Abuja. Ahmed, who spoke on the topic;

BUSINESS

$8.1bn row: MTN in discussion with Nigerian officials

Daily Dispatch October 23, 2018

Telecoms firm MTN says it is holding talks with Nigerian officials to find a “mutually acceptable solution” to a dispute over the alleged transfer of 8.1 billion dollars. MTN made this known in a statement on Tuesday in Johannesburg. MTN said that further announcement on the issue would be made in due course. “Shareholders are […]

BUSINESS

Nigeria, Benin open new Seme-Krake Joint Border Post to strengthen ties

Daily Dispatch October 23, 2018

Nigeria and Republic of Benin on Tuesday strengthened their bi-lateral relationship with the formal opening of the new Economic Community of West African States (ECOWAS) Joint Border Post at Seme-Krake, Badagry, Lagos State. The News Agency of Nigeria (NAN) reports that the project which began in 2011 was financed by the European Union Commission under […]

BUSINESS

NAFDAC confiscates 100 cartons of expired zero Coke in Katsina

Daily Dispatch October 22, 2018

The National Agency for Food Drug Administration Control (NAFDAC) in Katsina State, on Monday confiscated about 100 cartons of expired beverage drink at a super market in Katsina metropolis. The state director of NAFDAC, Mr John Agada, made the disclosure in an interview with the News Agency of Nigeria (NAN) on Monday in Katsina. “NAFDAC […]

BUSINESS

FG loses $2.5bn to gas flaring – Expert

Daily Dispatch October 21, 2018

Mr Chinedu Onyeizu, Chief Executive Officer, AfriPERA, an Energy and Infrastructure Policy research organisation, says Nigeria loses about 2.5 billion dollars annually from gas flaring in the country. Onyeizu disclosed this in an interview with the News Agency of Nigeria (NAN) on Sunday, in Abuja. “  Since the 1950’s, Nigeria has been burning off its […]

BUSINESS

Prices of selected food stuff decreased in September – NBS

Daily Dispatch October 20, 2018

The National Bureau of Statistics, NBS, says average price of some selected food items in the country decreased in September. The bureau disclosed this in its “Selected Food Price Watch” (September 2018) report released in Abuja. It said the average price of one dozen of medium sized Agric eggs decreased from N474.13 in August to […]