BUSINESS

FG announces National Gender Action Plan on agric to empower women farmers

Daily Dispatch October 18, 2018

The Federal Government has unveiled the National Gender Action Plan on Agriculture to support and empower women farmers to move from subsistence to commercial farming. Unveiling the plan in Abuja on Thursday, Chief Audu Ogbeh, the Minister of Agriculture and Rural Development, said the plan

BUSINESS

Global competitiveness report: Nigeria moves up 10th place – WEF

Daily Dispatch October 18, 2018

Nigeria moved up 10 places in the Global Competitiveness Report released by the World Economic Forum (WEF) on Wednesday. Africa’s largest economy moved from its 2017 spot of 125 to 115. According to the report, national competitiveness is measured by the institutions, policies and factors that determine the level of productivity of a country. Nigeria […]

BUSINESS

$8.1bn repatriation, CBN, MTN inch closer to truce – Minister

Daily Dispatch October 18, 2018

The Central Bank of Nigeria (CBN) and South African telecommunications giant, MTN are closer to a truce in their dispute over the repatriation of $8.1 billion. Minister OF Information and Culture, Alhaji Lai Mohammed who declared this, added that it “is in the interest of all the parties that this matter will be resolved.” The […]

BUSINESS

Grow VAT, digital economy earnings Fowler urges developing countries

Daily Dispatch October 18, 2018

Chairman of the Federal Inland Revenue Service, Mr. Babatunde Fowler, has advised developing countries to grow Value Added Tax (VAT) and tax revenue from the digital economy to lessen dependence on revenue from natural resources. Fowler, who is also the First Vice Chairman of the United Nations International Committee of Tax Experts and Chairman, African […]

BUSINESS

FEC Approves Issuance Of $2.9bn In Eurobonds

Daily Dispatch October 17, 2018

The Federal Government on Wednesday approved the issuance of $2.9 billion in Eurobonds. The approval was given at the Federal Executive Council meeting presided over by President Muhammadu Buhari inside the Council Chamber of the Presidential Villa in Abuja. Minister of Finance, Mrs Zainab Ahmed, told State House correspondents after the meeting that the approval […]

BUSINESS

Senate asks central bank to suspend ATM charges, summons Emefiele

Daily Dispatch October 17, 2018

The Senate has urged the Central Bank of Nigeria (CBN) to suspend the Automated Teller Machine (ATM) card maintenance charges pending outcome of investigation into alleged sharp practices by banks. The senate also resolved to invite the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, to appear before the committees on Banking […]