BUSINESS

Buhari Administration Kicks Off Ease Of Doing Business Action Plan

Daily Dispatch October 4, 2017

As part of the Buhari administration’s medium term Economic Growth and Recovery Plan to build a globally competitive economy, the Presidential Enabling Business Environment Council on Tuesday kicked off the National Action Plan 2.0. The new action plan, which will run from October 3 to December

BUSINESS

BREAKING: Operators set to crash rice price to N6,000/bag

Daily Dispatch October 4, 2017

Rice farmers, millers and processors on Wednesday announced that the price of a 50kg bag of rice will fall to as low as N6,000 in the next few months. According to them, the current market price of rice, which is about N15,000 per 50kg bag, will drop to between N6,000 and N7,000 in a couple […]

BUSINESS

Very soon Nigeria will drink her crude oil, says Ezekwesili

Daily Dispatch October 4, 2017

Oby Ezekwesili, former minister of education, says Nigeria will be forced to drink her crude oil very soon. She said the country risks losing its grip on crude oil as its economic mainstay if it fails to diversify its economy. Ezekwesili said this while speaking on Tuesday at the 2017 civil engineering conference organised by […]

BUSINESS

Nigeria to get $22bn from foreign remittances in 2017 — up from $19bn

Daily Dispatch October 4, 2017

The World Bank says Nigeria will record an inflow of $22 billion from foreign remittances in 2017, an increase from the $19 billion recorded in 2016. According to the Migration and Development Brief released by the bank on Tuesday, global remittance flow will recover in 2017 after two consecutive years of decline. Foreign remittance is […]

BUSINESS

Access Bank, Remita introduce salary advance scheme

Daily Dispatch October 4, 2017

Customers and non customers of Access Bank Plc have been offered a unique platform that gives them access to loans against their next salary payment. In a statement on Tuesday, the lender said, “The Payday Advance from Access Bank, in collaboration with Remita does not require any collateral or guarantor, and enables customers to obtain […]

BUSINESS

NLC, aviation unions to picket airlines

Daily Dispatch October 3, 2017

The Nigeria Labour Congress (NLC) will on Thursday picket some domestic airlines at the Murtala Muhammed Airport, Lagos, over alleged casualisation of workers and refusal to recognise unions in the sector. Mr Olayinka Abioye, General Secretary, National Union of Air Transport Employees (NUATE), confirmed the development to the News Agency of Nigeria (NAN) in Lagos […]