BUSINESS

Nigeria cansave N2trn from importation of wheat- Association of Cassava Growers

Daily Dispatch July 5, 2017

The Nigeria Cassava Growers Association (NCGA), says Nigeria can save N2 trillion from the importation of wheat, if appropriate measures are put in place to boost cassava cultivation. Mr Segun Adewunmi, the National President of NCGA, disclosed this at the 1st Cassava Stakeholders’ Workshop

BUSINESS

Chief Boye Olusanya is Etisalat new CEO

Daily Dispatch July 4, 2017

Boye Olusanya, former deputy managing director of Celtel Nigeria (now Airtel Nigeria), will be the chief executive officer of Etisalat Nigeria during the transition period, according to a report. Matthew Willsher stepped down as CEO on Monday, along with the chief financial officer, Olawole Obasunloye. A deputy governor of the central bank, Joseph Nnana, will […]

BUSINESS

Customs begins online auction of seized goods

Daily Dispatch July 3, 2017

The Nigerian Customs Service on Monday unveiled an electronic auction platform by which cargoes that have been forfeited to the Federal Government could be sold to Nigerians through a transparent bidding process. The unveiling of the e-auction platform was performed at the headquarters of the NCS by the Comptroller-General of Customs, Col Hameed Ali (Rtd). […]

BUSINESS

Intra-Africa Trade: Elumelu, AFREXIM signs $100m deal

Daily Dispatch July 3, 2017

Tony Elumelu’s Heir Holdings and African Export-Import Bank (Afrexim) have signed a $100m deal to drive intra-Africa trade. The deal was cosummated by Elumelu, chairman of Heirs Holdings and Tony Elumelu Foundation, at the 24th annual general meeting of the bank in Rwanda. He said the facility seal is “just the beginning and a clear […]

BUSINESS

FG Set to Develop its Iron Ore Assets

Daily Dispatch July 3, 2017

The Ministry of Mines and Steel development through the World Bank Mineral Sector Support for Economic Diversification (MinDiver) Project is set to develop its iron ore assets to identify potential for future exploitation by the country. This was revealed during a workshop held at the MinDiver Complex office in Abuja recently. Speaking at the official […]

BUSINESS

2017 Farming: Fertiliser will be adequate – FG

Daily Dispatch July 2, 2017

The Federal Government, says it has made adequate provision for farmers across the country to have enough Fertiliser to grow food throughout the year. The Chief Executive Officer, Nigeria Sovereign Investment Authority (NSIA), Mr Uche Orji made this known in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja. “Last year Fertiliser was […]