BUSINESS

Etisalat Debt – Reps Want Telcos’ Financial Accounts Audited

Daily Dispatch July 7, 2017

The board of the Nigerian Communications Commission (NCC) has held an emergency meeting to review the Etisalat debt issue in its entirety and also the intervention made by the commission. This is even as a House of Representatives panel yesterday intervened in the current financial crisis that

BUSINESS

NSE market indices up by 0.16%

Daily Dispatch July 6, 2017

Market indicators of the Nigerian Stock Exchange  (NSE) on Thursday recorded the first growth for the month, reversing the three-day bearish trend. The indices appreciated by 0.16 per cent just as the volume of shares traded decreased by 45.88 per cent. The All-Share Index appreciated marginally by 52.46 points or 0.16 per cent to close […]

BUSINESS

Price of cement ‘will crash soon’

Daily Dispatch July 6, 2017

Major manufacturers of cement in the country say they are working “very hard” to reduce the price of cement. lsamad Rabiu, chairman of BUA Cement, made this known to state house correspondents after meeting with Acting President Yemi Osinbajo in Abuja on Thursday. He said the foreign exchange situation in the country and the high cost of low […]

BUSINESS

FG takes tax advocacy to the streets of Abuja

Daily Dispatch July 6, 2017

In a bid to improve voluntary declaration of tax, the Federal Government on Thursday took to the streets of Abuja to enlighten and educate the public on the need to pay tax The Chairman, Federal Inland Revenue Service (FIRS), Mr BabaTunde Fowler, who led the campaign in Abuja, said it would be held in the […]

BUSINESS INTERNATIONAL NEWS

U.S. lifts electronic ban on Qatar flights

Daily Dispatch July 6, 2017

Qatar on Thursday became the third nation on a list of eight Muslim-majority countries, where ban on electronic devices in aircraft cabins heading to the U.S. has been lifted. Two days earlier, Turkey was removed from the list as well as the Dubai-based Emirates Airlines. In late March, the new U.S. administration imposed a ban […]

BUSINESS

Nigerian crude waits for buyers

Daily Dispatch July 6, 2017

Nigerian crude for August loading is proving slow to find buyers amid rising supply, Reuters quoting oil trading sources has reported. Reuters said the supply glut is  a sign that an expected second-half rebalancing of the global market is getting off to a slow start. An increase in production in Nigeria and Libya, where conflict […]