BUSINESS

$50 Million Beverages Company to Berth in Ogun

Daily Dispatch May 13, 2025

Mamuda Group Nigeria Limited is set to invest $50 million in Ogun State through one of its subsidiaries, Mamuda Beverages. Mamuda is involved in food, beverages, care, and agro-processing. The Chairman of the Group, Mr. Hassan Hammoud, made this known when he led high-ranking officials of the

BUSINESS

Nigeria-China relationship more pragmatic than others, says foreign Affairs Minister

Daily Dispatch May 13, 2025

The Minister of Foreign Affairs, Ambassador Yusuf Tuggar has described Nigeria China relationship as perhaps the most pragmatic for the country better than most other foreign relationships the country has currently. The Minister disclosed this at a day dialogue to chat the way forward due to the current tarrifs war by the United States of […]

BUSINESS

NNPC resumes oil drilling up north, GCEO gives details

Daily Dispatch May 13, 2025

The Group Chief Executive of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has disclosed that the state-owned energy firm would resume oil drilling in the northern part of the country. Ojulari stated this in an interview with BBC News Hausa on Monday, as this comes over two years after the past administration of former […]

BUSINESS

NNPC, Dangote strengthen strategic partnership

Daily Dispatch May 9, 2025

…Reaffirm Commitment to Healthy Competition Towards National Prosperity As part of ongoing efforts to promote mutually beneficial partnerships and foster healthy competition, the Nigerian National Petroleum Company Limited (NNPC Ltd.) and Dangote Petroleum Refinery & Petrochemicals (DPRP) have pledged to deepen collaboration aimed at ensuring Nigeria’s energy security

BUSINESS

Fidelity Bank grows PBT by 167.8% to N105.8 billion in Q1 2025

Daily Dispatch May 9, 2025

Fidelity Bank Plc, one of Nigeria’s leading Tier-1 financial institutions, has announced a remarkable financial performance for the first quarter of 2025, recording a Profit Before Tax (PBT) of N105.8 billion, representing an impressive growth of 167.8% compared to N39.5 billion in Q1 2024. The bank’s unaudited financial statements, released on the Nigerian

BUSINESS

ECOWAS member states asked to eliminate taxes on air travel to develop aviation industry

Daily Dispatch May 8, 2025

ECOWAS Member States Asked to Eliminate Taxes on Air Travel to Develop Aviation Industry Member states of Economic Community of West African States (ECOWAS) have been asked to adopt a new regional strategy of elimination of all taxes on air travel in accordance with International Civil Aviation Organization (ICAO) standards. The advice was given by […]