BUSINESS

13,203 telecoms subscribers ported in May – NCC

Daily Dispatch July 6, 2018

A total of 13,203 mobile telecommunications subscribers in Nigeria dropped their various network providers for others in May, the Nigerian Communications Commission (NCC) has said. The subscribers changed their service providers under the Mobile Number Portability (MNP). The commission made

BUSINESS

Trump’s tweets add $10 to oil prices- OPEC boss

Daily Dispatch July 5, 2018

U.S. President Donald Trump, who recently called on OPEC producers to help reduce oil prices, has raised prices through his tweets, Iranian OPEC Governor Hossein Kazempour Ardebili was quoted as saying by news agency SHANA on Thursday. “Your tweets have increased the prices by at least 10 dollars. Please stop this method,” the oil ministry news […]

BUSINESS

Shell Lauds NNPC on Restoration of Investors’ Confidence … As Baru Urges Investment in Gas to Boost Economy

Daily Dispatch July 4, 2018

The cash call exit programme of the Nigerian National Petroleum Corporation (NNPC) has drawn applause from Nigerian Oil and Gas Industry players with the Country Chair of Shell Companies in Nigeria, Mr. Osagie Okunbor, commending it as a pragmatic move that has helped to restore investors’ confidence in the country. The Shell boss gave the […]

BUSINESS

FAAC: States government accuses NNPC of deceit

Daily Dispatch July 2, 2018

After refusing to share the revenue made available to the Federal Accounts Allocations Committee, FAAC, by the Nigerian National Petroleum Corporation, NNPC, as statutory allocation for the three tiers of government for June, Commissioners of Finance and Accountants-General of the 36 states have accused the nation’s oil company of falsehood and deceit. The NNPC had […]

BUSINESS

AMCON to take over N5.4trn assets, says no more negotiations

Daily Dispatch July 1, 2018

The Assets Management Company of Nigeria (AMCON) has said that there would be no more room for negotiation with debtors as the company was now set for a new stage which is complete assets take-over. Managing Director and Chief Executive Officer of AMCON, Mr. Ahmed Kuru disclosed in an interview with the News Agency of […]

BUSINESS

Economy: PDP to engineer single digit lending, boost local content

Daily Dispatch July 1, 2018

The Peoples Democratic Party (PDP) says its blueprint for economic recovery includes pursuing deliberate policies that will guarantee single-digit commercial lending rate across all productive sectors, immediately it is re-elected into office in 2019. The party says its economic blueprint will make a turnaround of the prevailing double digit permitted by the All