BUSINESS

IMF: Nigeria opts out of AfCFTA despite huge benefits to region

Daily Dispatch April 22, 2018

The International Monetary Fund (IMF) has said in spite of Nigeria, Africa’s biggest economy, opting out of signing on to the African Continental Free Trade Area (AfCFTA), the benefits of the trade pact to the region are still enormous. It noted that in recent years there has been significant

BUSINESS

Kwara: Saraki disburses N10.4m to APC women leaders

Daily Dispatch April 22, 2018

The Senate President, Dr Bukola Saraki on Sunday disbursed N10.4 million to 52 women leaders of the All Progressive Congress (APC), in Kwara. Each of the 52 women leaders who were from the Kwara Central Senatorial District went home with a cash of N200, 000 to assist them boost their trades. The senatorial district, which […]

BUSINESS

Forensic, investigative auditors berate ICAN President over derogatory comment

Daily Dispatch April 22, 2018

Top members of the Chartered Institute of Forensic and Investigative Auditors in Nigeria (CIFIAN) have described as `unfortunate and a display of ignorance’ statement credited to the President of the Institute of Chartered Accountants of Nigeria(ICAN). Dr Victoria Enape, CIFIAN President, who spoke with the News Agency of Nigeria (NAN) on Sunday in Abuja, said […]

BUSINESS

SENATE SUPPORTS AGIP $13.5 BILLION ZABAZABA OIL PROJECT

Daily Dispatch April 22, 2018

The Senate is in support of the commencement of the Nigeria Agip Oil Exploration(NAOE) Limited’s $13.5 Billion Zabazaba Deep sea Oil Project in the eastern part of the Niger Delta for its expected economic benefits to the Nigeria economy. Given this indication over the weekend when the managing director of NAOE, Mr. Masssimo Insulla led […]

BUSINESS

Economic growth in Nigeria is still too slow- Minister of Budget & Natnl. Planning

Daily Dispatch April 22, 2018

Udoma Udo Udoma, minister of budget and national planning, says the rate of economic growth in Nigeria is still too slow. Speaking with journalists on the sidelines of the ongoing Spring meetings of the International Monetary Fund and World Bank, the minister said more work still has to be done to accelerate growth. “Our target […]

BUSINESS

OPEC: Barkindo dispels Trump’s tweet, says oil prices not artificial

Daily Dispatch April 20, 2018

OPEC Secretary-General Mohammad Barkindo said Friday that the cartel was not seeking to artificially drive oil prices higher in spite of such claims made by U.S. President Donald Trump. Earlier in the day, Trump wrote on Twitter that the oil prices were “artificially very high,” accusing OPEC of being behind it. However, the OPEC boss dispelled his tweet […]