BUSINESS

Aviation unions shut down MMA2, flights grounded

Daily Dispatch October 10, 2018

Hundreds of passengers are reportedly stranded at the domestic terminal of the Murtala Muhammed Airport 2(MMA2) on Wednesday,  as aviation unions carried out their shutdown threat over the sack of workers  by Bi-Courtney Aviation Services Limited. The unions involved in the shutdown are Air

BUSINESS

Court sentence Shell MD, others to 3 months in prison

Daily Dispatch October 9, 2018

The managing director of Shell Petroleum Development Company, Mr Osagie Okunbor, and two others have been sentenced to three months in prison with hard labour by a Port Harcourt High Court. Others also sentenced to three months in prison with hard labour in contempt proceedings were Shell’s secretary and head of legal, Nike Oyinlola and […]

BUSINESS

26m Women may lose jobs to technology- IMF

Daily Dispatch October 9, 2018

The International Monetary Fund (IMF) in its report titled “Gender, Technology and the Future Work” estimated that at least 26 million female jobs in 30 countries were at risk of being displaced by technology. The IMF President, Ms Christine Lagarde made this known on Tuesday in a panel discussion on “Empowering Women in the Workplace” at […]

BUSINESS

Dangote Cement targets 2019 for listing on London Stock Exchange

Daily Dispatch October 9, 2018

Africa’s biggest cement producer, Dangote Cement, plans to be listed on the London Stock Exchange in 2019. The company’s president, Aliko Dangote made this known in London on Monday. Dangote spoke during “One to One Conversation”, with Lionel Barber, the editor of Financial Times at the on-going 5th annual Financial Times African Summit. He told […]

BUSINESS

Nigeria can feed 600 million people with right technology – Envoy

Daily Dispatch October 8, 2018

The Consul-General of Denmark in Lagos, Mr Per Christensen, on Monday said that Nigeria could produce food for some 600 million people through the application of the right technology. Christensen said at a One-day Danish Food Tech Exhibition and Seminar in Lagos that Nigeria has a rich arable land and population for bumper food production. […]

BUSINESS

Ahmed, Emefiele join economic experts at IMF/WBank meeting

Daily Dispatch October 8, 2018

The Minister of Finance, Mrs Zainab Ahmed and the Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele, will join other economic experts from around the world to discuss issues affecting the global economy. Discussions would take place under the auspices of the World Bank Group and the International Monetary Fund (IMF). The 2018 Annual […]