BUSINESS

Dangote to bankroll $275million cement project in Niger Republic

Daily Dispatch October 15, 2018

Nigerian billionaire Aliko Dangote’s Dangote Cement group has begun construction work on a cement plant in Keita, near Tahoua, in western Niger. The construction work of the 275 million US dollar project is expected to last 26 months and will include the construction of a 100-megawatt coal

BUSINESS

Court voids sack of Unity Bank Executive Director

Daily Dispatch October 15, 2018

The National Industrial Court, sitting in Ikoyi, Lagos State, on Monday voided the termination of employment of Mrs Arese Alonge, declaring her a subsisting Executive Director of Unity Bank. The court ordered the bank to pay all entitlements and benefits that pertain to her office. Alonge had on Feb. 11, 2015 instituted a suit against […]

BUSINESS

Nigeria best performing-performing economy in Africa- Keyamo, says PDP bigwigs were all involved in thesubsidy scam

Daily Dispatch October 15, 2018

The Director of Buhari Campaign Organisation, Mr. Festus Keyamo, SAN has said that Nigeria is the best-performing economy in Africa. Keymo made this known while speaking on Channels TV on Monday, he said “I need to remind Nigerians about the GDP growth. Of the 11 countries that went into recession around the world, Nigeria has […]

BUSINESS

NERC plans to end estimated billing

Daily Dispatch October 15, 2018

As the outcry from electricity consumers over ‘crazy’ bills continues to rage almost five years after the privatisation of the power sector, the Nigerian Electricity Regulatory Commission is considering putting limits on estimated billing. NERC noted that the issue of estimated billing had continued to constitute a major source of complaint by customers of all […]

BUSINESS

Nigeria not in debt crisis – Oniha, but the nation not generating enough to fund projects

Daily Dispatch October 14, 2018

Director-General of Nigeria’s Debt Management Office (DMO), Ms Patience Oniha, has allayed fears of some observers that the country was already in a debt crisis. She stated this yesterday in a chat with newsmen on the sidelines of the International Monetary Fund and World Bank Group summit in Bali, Indonesia. But Oniha equally admitted that […]

BUSINESS

Overland Airways: Foreign object impact cause of aircraft fire in hangar

Daily Dispatch October 13, 2018

The Management of Overland Airways has attributed impact of foreign object on its ATR aircraft as the cause of inferno, which engulfed its airplane at the General Aviation Terminal (GAT) of the Murtala Muhammed Airport (MMA), Lagos on Friday. The airline with fleet of ATR aircraft also confirmed that the burnt aircraft was undergoing routine […]