BUSINESS

SENATOR ADEOLA ADVOCATES RULE OF LAW, REGIONALISM AS PANACEA FOR NIGERIA’S DEVELOPMENT

Daily Dispatch March 16, 2018

Senator Solomon Adeola (APC, Lagos West) the Chairman of Senate Committee on Local Content has advocated adherence to the rule of law, political restructuring to empower the regions of Nigeria as well as infrastructural development as way forward for economic development in Nigeria as a whole.

BUSINESS

AfDB to Raise Africa’s Industrial GDP To 130% By 2025

Daily Dispatch March 16, 2018

The President, African Development Bank (AfDB), Dr Akinwumi Adesina, said the bank planned to help raise Africa’s industrial Gross Domestic Product (GDP) to 130 per cent by 2025 and drive the overall GDP from 2.3 trillion dollars to 5.6 trillion dollars to enhance industrialisation. Adesina said this in the Bank’s latest publication produced by the […]

BUSINESS

Emefiele speaks on delayed MPC meeting, Buhari nominees for CBN

Daily Dispatch March 16, 2018

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said that the bank will soon decide on a date to hold the next Monetary Policy Committee (MPC). He said this in a chat with newsmen in Sunti, Niger State, when he accompanied President Muhammadu Buhari on inspection of the N50 billion Sunti Sugar […]

BUSINESS

Buhari inaugurates N50bn Sugar factory in Niger

Daily Dispatch March 15, 2018

President Muhammadu Buhari on Thursday opened the N50bn Sunti Golden Sugar Estate in Mokwa Local Government Area of Niger State. Addressing guests at the inauguration, Buhari called on private investors in the country to partner with the government in creating investment opportunities. He said the coming of the sugar factory was timely, as Nigeria has […]

BUSINESS

Nigeria and Kenya inching closer to interest rate cuts: Reuters poll

Daily Dispatch March 15, 2018

Nigeria and Kenya will follow Ghana’s lead and cut rates in the third quarter, a Reuters poll found, as long as there is a monetary committee quorum in Abuja and an easier commercial lending policy in Nairobi. A Reuters poll of 11 analysts for some of Africa’s major central banks, taken in the past four […]

BUSINESS

Prices of rice, tomatoes fall while yam increases

Daily Dispatch March 15, 2018

The National Bureau of Statistics says the average price of one kilogramme of yam tuber increased year-on-year by 7.10 per cent in February. The NBS disclosed this in a Selected Food Price Watch Data for February published on its website. The bureau said that one kg of yam also increased by 1.92 per cent month-on-month […]