BUSINESS

Fidelity Bank named “Nigeria’s Best Private Bank” at Euromoney Awards

Daily Dispatch April 17, 2025

Tier one bank, Fidelity Bank PLC, has been named “Nigeria’s Best Private Bank” at the prestigious Euromoney Awards 2025. The recognition was formally unveiled at the awards ceremony held recently at The Savoy in London.  The Euromoney Awards for Excellence are prestigious annual honors and a

BUSINESS

Dangote petroleum refinery announces reduction in petrol price

Daily Dispatch April 17, 2025

Dangote Petroleum Refinery has announced a reduction in the gantry price of Premium Motor Spirit, PMS, commonly known as petrol, from N865 to N835. The reduction takes effect from Wednesday, April 16, 2025. The reduction makes the second within a week. The announcement was made on Wednesday by the Group Chief Branding and Communications Officer, […]

BUSINESS

Nigeria, Niger’s Minister of Foreign Affairs Meet to Strengthen Economic Cooperation

Daily Dispatch April 17, 2025

Nigeria and Niger have moved to strengthen economic cooperation especially in operationalization of cross-border markets, trade and energy. The relationship between the two neighbouring countries was near crashing after the coup d’etat that ousted democratic government in Niger and the Nigerian government leading other countries of Economic Community of West African States

BUSINESS

UK-backed InfraCredit lists on NASD to raise $17.7 million for infrastructure development in Nigeria

Daily Dispatch April 14, 2025

The United Kingdom is using catalytic investment to support Nigeria in mobilising more domestic capital towards sustainable infrastructure development and the country’s energy transition. The UK government’s MOBILIST programme is investing N9.5 billion ($6 million) in InfraCredit, Nigeria’s first and only domestic creditor guarantor, in support of the company’s listing on

BUSINESS

Delegation of Chinese Business Leaders visits Nigeria for investment opportunities

Daily Dispatch April 13, 2025

A 35-man delegation of Chinese business leaders have visited Nigeria with the purpose of investing in the country and establishing partnerships in Nigerian businessmen. The visit which was facilitated by the Pan-African Expansion Industrial Nigeria Ltd, saw the Nigeria-China Strategic Partnership (NCSP), hosting the delegation. NCSP had earlier visited China to promote

BUSINESS

Sterling Bank takes sides with Nigerians…… eliminates bank transfer fees

Daily Dispatch April 11, 2025

In a bold move that resets the rules of engagement in the Nigerian banking sector, Sterling Bank has removed transfer fees on its digital banking platform, OneBank. This decisive move makes Sterling the first major Nigerian bank to forgo earning a cut from customer transactions on its own app. The initiative marks a turning point […]