BUSINESS

AfDB votes $40m for TAAT projects in Nigeria,others

Daily Dispatch July 12, 2018

The African Development Bank (AfDB) has, through its Technology for African Agricultural Transformation (TAAT) initiative, provided 40 million dollars as seed money for projects in 27 countries. Dr Adeniyi Adediran, the TAAT Coordinator for Nigeria Livestock Compact, disclosed this at a meeting

BUSINESS

NCC wades into MTN’s labour issues

Daily Dispatch July 11, 2018

NCC intervenes in MTN vs Labour crisis By Constance Imasuen The Nigerian Communications Commission (NCC) on Monday said the organisation has opened talks with critical stakeholders on MTN’s labour issues. Mr Tony Ojobo, NCC’s Director of Public Affairs, made this known in a statement by in Abuja. “NCC under the leadership of Prof. Umar Danbatta has […]

BUSINESS

$10 BILLION BONGA SOUTH WEST OIL PROJECT: SENATE WARNS AGAINST BREACH OF PROCUREMENT LAW

Daily Dispatch July 11, 2018

The senate has warmed against circumventing the Procurement law of Nigeria in the award of contracts for the execution of the $10 billion Bonga South West Aparo Deep Sea Oil project in Rivers State that is undergoing procurement process while awaiting final approval from NNPC and Minister of Petroleum. Giving the warning during an oversight […]

BUSINESS

Subscribers to Dstv, Gotv to pay more

Daily Dispatch July 11, 2018

Pay television operator, MultiChoice is set to slash subscription price on its digital terrestrial television platform, GOtv, while increasing prices of bouquets on its digital satellite platform, DStv. The price adjustment would take effect on August 1. When it takes effect, sources disclosed, subscribers on the GOtv MAX package would pay N3, 200 instead of […]

BUSINESS

Oil rises above $79 per barrel on Norway strike, Libyan disruption

Daily Dispatch July 10, 2018

Oil prices rose by more than $1 dollar per barrel on Tuesday due to growing global supply outages, with Norway shutting down one oilfield as hundreds of workers began a strike and Libya saying its production more than halved in recent months. The disruptions add to supply worries around the world. Venezuela’s production has collapsed […]

BUSINESS

FG promises to invest 72bn on procurement of equipment for unused 2,000MWs electricity

Daily Dispatch July 9, 2018

The Federal Government has committed to invest N72 billion on the procurement and installation of equipment to help distribute unused 2,000 megawatts  of electricity to consumers in the country. Mr Babatunde Fashola, the Minister of Power, Works and Housing said this at a news conference in Abuja on Monday. He said the 2,000MWs was from […]