BUSINESS

Pay-as-you-use TStv Set to Provide Tough Competition for DStv Nigeria

Daily Dispatch September 22, 2017

An indigenous pay-as-you-go satellite tv, TSTV Africa is set to be launched in Nigeria on the 1st of October, and is touted to be a tough competition for Multichoice’s DSTV. TSTV says it will offer 100 channels including 12 sports channels for all the football leagues, movies, news and

BUSINESS

Unbundle NIPOST to establish a property development company – Shittu

Daily Dispatch September 22, 2017

Alhaji Abdur-Raheem Adebayo Shittu, the Minister of Communications has disclosed that the Nigerian Postal Service (NIPOST) is being reformed to strengthen and reposition it in order to undertake e-commerce and e-government services, as a strategic response to technological challenges that have affected mail services globally. Shittu, who stated this at a meeting with the

BUSINESS

Africa will become the food basket of the world — Dangote

Daily Dispatch September 20, 2017

Nigerian business leader Aliko Dangote told investors “Agriculture, agriculture, agriculture. Africa will become the food basket of the world.” In a packed room at the headquarters of global law firm Shearman and Sterling LLC  high level business leaders and international diplomats invited by the Corporate Council for Africa to hear Africa’s richest man,

BUSINESS

NECA faults NBS 2.19% growth, says economy still in recession

Daily Dispatch September 20, 2017

The Nigerian Employers Consultative Association (NECA) has faulted recent report by the National Bureau of Statistics (NBS) that Nigeria had exited recession, saying the economy was still in the woods. Speaking in Lagos recently, its President, Larry Ettah, said major policy responses must be considered to ensure robust and sustainable growth, as well as effective […]

BUSINESS

Nigeria’s foreign debt has increased by 40% -NBS

Daily Dispatch September 20, 2017

As at June 30, 2017 Nigeria’s debt stocks stood at about $15.1 billion and N14.1 trillion respectively, the NBS said on Tuesday, September 19. According to the report, after proper review, it was shown that the total foreign debt profile of the Federal and the 36 states governments and the Federal Capital Territory (FCT) shows […]

BUSINESS

FAAN Workers Protest Planned Concession of Major Airports

Daily Dispatch September 19, 2017

Activities at the Lagos Airport was early today paralyzed, following the protest embarked upon by the workers of the Federal Airports Authority of Nigeria (FAAN) over the concession of Lagos and Abuja airports by the federal government. The workers aided by their union leaders in their hundreds staged a peaceful protest around the airport vicinity […]