BUSINESS

AfDB to support Nigeria, others on industrial policy

Daily Dispatch May 7, 2018

The African Development Bank (AfDB) says it will support five countries with industrial policies to help boost development in the region. Mr Alhassane Haidara, Manager, Industrial Development disclosed this in an interview with the News Agency of Nigeria (NAN) in Abidjan. He named the five

BUSINESS

Pressures mount on Buhari to assent to PIGB

Daily Dispatch May 6, 2018

Subtle pressure is currently being mounted on President Muhammadu Buhari to assent to the Petroleum Industry and Governance Bill (PIGB) recently passed by the National Assembly. The Senate had in May last year passed the bill which had been dragging for over a decade, but the House of Representatives recently reciprocated by equally passing the […]

BUSINESS

NNPC not recruiting, social media adverts fake – Spokesman

Daily Dispatch May 6, 2018

The Nigerian National Petroleum Corporation (NNPC) says the recruitment advertisement by the corporation currently trending on social media is false. In a statement in Abuja on Sunday, the NNPC spokesman, Mr Ndu Ughamadu, said that the advertisement was intended to mislead innocent members of the public. According to him, the advertisement is set in the […]

BUSINESS

The African Banker Awards Committee announces the 2018 nominees

Daily Dispatch May 3, 2018

Nominees for the 2018 African Banker Awards have been announced. This year’s shortlist sees another strong year for banks from Morocco, Nigeria and Kenya. Ecobank, Standard Bank and Standard Chartered, which have a large footprint across the continent also feature across several categories. The Awards, which are hosted by African Banker magazine, will be held […]

BUSINESS

AfDB trains 733 Nigerians on agro technology

Daily Dispatch May 3, 2018

The African Development Bank (AfDB)  says it trained no fewer than 733 people in Nigeria on increased use of technology in agriculture in the country. The bank revealed this in its 2017 Annual Development Effectiveness Review  report on Thursday in Abidjan. It said that the training was part of the Feed Africa project (2016-2025) under […]

BUSINESS

China, Nigeria seal currency swap deal

Daily Dispatch May 3, 2018

China’s central bank said Thursday that it has inked a currency swap agreement with its counterpart in Nigeria. The agreement will allow the two sides to swap a total of 15 billion Chinese yuan (2.35 billion dollars) for 720 billion Nigerian naira, or vice versa, in the next three years, the People’s Bank of China […]