BUSINESS

SERAP whips Ambode over Lekki toll fares

Daily Dispatch February 11, 2018

Socio-Economic Rights and Accountability Project (SERAP) has urged Governor Akinwunmi Ambode “to take steps to immediately reverse the unfair and discriminatory toll charges at the Lekki-Epe Expressway and Lekki-Ikoyi Link Bridge toll gates by the Lekki Concession Company. The rights group said

BUSINESS

N550 billion credit available to support SMEs – NEXIM

Daily Dispatch February 9, 2018

The Nigerian Export-Import Bank, NEXIM, on Tuesday asked export-oriented small and medium entrepreneurs in the Southeast and Delta States to take advantage of its credit facilities to expand their potentials. The bank said the SMEs in the region could access the N500 billion Export Stimulation Facility, and the N50 billion Export Development Fund it manages […]

BUSINESS

Labour submits fresh demand for higher minimum wage

Daily Dispatch February 8, 2018

The organised labour has submitted a fresh demand for higher minimum wage to the tripartite committee on minimum wage. The Nigeria Labour Congress stated that it had demanded above N56,000 to the committee to reflect inflation and other economic realities in the country. The acting NLC President, Kiri Mohammed, disclosed this at the 11th Quadrennial […]

BUSINESS

YouWin: FG releases names of successful candidates

Daily Dispatch February 8, 2018

YouWiN, a multimedia programme of the Federal Ministry of Finance for young enterpreneurs, has announced the names of successful candidates for its training. This was disclosed in a statement issued by Ministry of finance on Thursday. The list is based on three categories viz. national merits, regional and state merits. The statement reads ” We […]

BUSINESS

FG takes tax campaign to Enugu, launches VAIDS

Daily Dispatch February 8, 2018

The Federal Government on Thursday launched Voluntary Assets and Income Declaration Scheme (VAIDS) in Enugu with renewed commitment to clamp down on tax defaulters. VAIDS is a time limited opportunity for taxpayers to regularise their status relating to previous tax periods. Tax payers are expected to within the period which terminates on March 31, 2018, […]

BUSINESS

Power stations generate 94,627MWh in 2017 Q4 – NBS

Daily Dispatch February 8, 2018

Nigerian power stations generated 94,627 megawatts per hour (MWh) of energy daily in the fourth quarter of 2017, according to the National Bureau of Statistics (NBS). The bureau’s website on Thursday in Abuja showed that daily energy generation attained a peak of 105,152 megawatts on Dec. 8. The website was tagged: “Power Sector Report: Energy […]