BUSINESS

Adeosun to World Bank: We don’t need you to monitor our debt

Daily Dispatch April 20, 2018

Kemi Adeosun, minister of finance, says Nigeria does not need the World Bank to monitor its debt. Speaking with journalists on the sidelines of the ongoing Spring meetings of the International Monetary Fund and World Bank Group in Washington D.C, Adeosun said Nigeria has the Debt Management

BUSINESS

Oil boom for Nigeria as prices hit $73.79 a barrel

Daily Dispatch April 20, 2018

An improvement in Nigeria’s oil earnings is on course as prices held firm on Friday near three-year highs reached earlier this week as ongoing OPEC-led supply cuts, as well as strong demand, gradually draw down excess supplies. Brent crude oil futures were up at 73.79 dollars per barrel at 0440 GMT.
U.S. West Texas Intermediate (WTI) […]

BUSINESS

Dangote group, Globacom, GTB drive African economy

Daily Dispatch April 20, 2018

Dangote Group, Globacom and Guaranty Trust Bank have been listed among six Nigerian companies driving amalgamation of economic activities in Africa. The listing was done by Boston Consulting Group (BCG) in its report entitled, ‘Pioneering One Africa: African Corporations Trail-blazing across the Continent. A statement issued by Globacom in Lagos on Thursday, said other

BUSINESS

Buhari: How to boost business among Commonwealth nations

Daily Dispatch April 18, 2018

President Muhammadu Buhari has identified trade and investment facilitation and regional Integration that expands markets with safeguards against injurious trade practices from third parties as factors that are capable of making business among Commonwealth countries easier. Buhari made these suggestions in a keynote address Wednesday, at the Commonwealth Business Forum at

BUSINESS

Oando shareholders demand Minister Kemi Adeosun’s sack

Daily Dispatch April 16, 2018

Shareholders of Oando Plc have demanded the sack of Kemi Adeosun, minister of finance, for allegedly interfering with the stock market. In a statement which Trusted Shareholders Association of Nigeria (TSAN) issued in conjunction with the Proactive Shareholders Association (PSA), the stakeholders accused the minister of shielding Oando from being probed by the Securities

BUSINESS NEWS

Nigeria has 22 million cattle worth N3.4 trillion

Daily Dispatch April 16, 2018

Nigeria has a total of 22 million cattle valued at N3.4 trillion aside the staggering number of goats and sheep. This makes up about 50 percent of Nigeria’s total national budget. Executive Secretary of the National Commission for Nomadic Education, Prof. Bashir Haruna Usman, disclosed this, on Monday, in his opening remark at a two-day […]