BUSINESS

Sallah: Kaduna Electric greets customers, promises improved power supply  

Daily Dispatch August 20, 2018

Kaduna Electric felicitate with its customers on the Eid el Kabir celebrations and assured that it will continue to provide uninterrupted services during the holidays. It said this in a statement issued in Kaduna by the company’s Head of Corporate Communication, Abdulazeez Abdullahi. The

BUSINESS

Nigeria’s foreign exchange inflow hit $91bn in 2017 – CBN report

Daily Dispatch August 17, 2018

The Central Bank of Nigeria (CBN), says the aggregate foreign exchange inflow into the country stood at $91 billion in 2017. The bank disclosed in its 2017 annual report released on Thursday that the figure was an increase of 45 per cent from $62.75 billion in 2016. The bank also said the figure surpassed the […]

BUSINESS

NCP approves the appointment of advisers for three transactions undertaking by BPE

Daily Dispatch August 16, 2018

The National Council on Privatisation (NCP) has approved the appointment of Advisers for three transactions undertaken by the Bureau of Public Enterprises (BPE) for the current year (2018) as part of the reform strategy of the Federal Government.   They are the partial commercialisation of the River Basin Development Authorities (RBDAs), partial commercialisation of the

BUSINESS

NIMASA’s floating dockyard will save Nigeria N36b yearly

Daily Dispatch August 15, 2018

The multimillion dollar floating dockyard owned by the Nigerian Maritime Administration and Safety Agency (NIMASA) which arrived the country recently will save the country millions of dollars in capital flight once operational. The Director General of the Agency, Dr. Dakuku Peterside who made this known during an interactive session with journalists in Lagos said that […]

BUSINESS

AfDB President calls for emerging agriculture technologies to optimiseoutput

Daily Dispatch August 15, 2018

The President of the African Development Bank Group, Akinwumi Adesina, has made an urgent call to give farmers across the continent new technologies with the potential to transform agricultural production. Adesina said the technology transfer was needed immediately and that evidence from countries like Nigeria demonstrated that technology plus strong government backing was

BUSINESS

Glo gives free data to mark 15th anniversary

Daily Dispatch August 15, 2018

Nigeria’s first indigenous telecommunications network, Globacom, on Wednesday introduced 125 per cent free data for all subscribers to mark its 15th anniversary. Unveiling the product, named ‘Ogasim’, Glo Regional Chief Marketing Officer, Ashok Isran, said customers would be getting 125 per cent free data for every subscription for the next four months. “It is the master