BUSINESS

NNPCL set to unveil historic initial public offer

Daily Dispatch March 27, 2025

The Nigerian National Petroleum Company Limited has revealed that it is now in the final stages of preparing for its highly anticipated listing on the capital market, by the provisions of the Petroleum Industry Act 2021. The NNPCL Chief Corporate Communications Officer NNPC Ltd, Olufemi Soneye,

BUSINESS

EXPOYO ‘25: Oyo Int’l Trade Fair To Boost Economic Growth- Commissioner

Daily Dispatch March 27, 2025

The Oyo State government has revealed that the 2025 International Trade Fair will boost economic growth, as well as the diversity and richness of the State’s agricultural potentials. According to the Commissioner for Investment, Trade, Cooperatives and Industry, Hon. Adeniyi Adebisi, the trade fair, tagged EXPOYO 2025, will take place at the Permanent Trade fair […]

BUSINESS

Full Year 2024: UBA Grows Profit To ₦804 Billion, Declares N3.00 Kobo Final Dividend

Daily Dispatch March 24, 2025

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2024, with all its major indicators witnessing significant improvement. The 2024 financials, filed with the Nigerian Exchange Limited (NGx) on Monday, showed an impressive rise in the bank’s profit after tax which went […]

BUSINESS

Fidelity Bank Equips Entrepreneurs for Global Trade Success with EMP 18

Daily Dispatch March 24, 2025

Tier-one lender, Fidelity Bank Plc, has once again highlighted the importance of promoting non-oil exports as it recently hosted the 18th edition of its dedicated capacity development training tagged Export Management Programme (EMP 18). The programme, which was held recently in Lagos provided a platform for entrepreneurs interested in exploring global trade opportunities

BUSINESS

Dangote suspends sale of petroleum products in naira

Daily Dispatch March 19, 2025

Dear Valued Customers,   We wish to inform you that, Dangote Petroleum Refinery has temporarily halted the sale of petroleum products in Naira. This decision is necessary to avoid a mismatch between our sales proceeds and our crude oil purchase obligations, which are currently denominated in U.S. dollars. To date, our sales of petroleum products in […]

BUSINESS

No explosion at PHRC, NNPC clarifies

Daily Dispatch March 19, 2025

The Nigerian National Petroleum Company Limited (NNPC Ltd) has debunked reports of an explosion at the Port Harcourt Refining Company (PHRC) in Rivers State. The company, in a three-paragraph press statement on Wednesday, March 19, 2025, by its Chief Corporate Communications Officer, Mr. Olufemi Soneye, clarified that what occurred was a flare incident, which had […]