BUSINESS

FIRS generates N778.19b in first quarter of 2017

Daily Dispatch June 14, 2017

The Federal Inland Revenue Service says it generated N778.19 billion revenue in the first quarter of 2017. This is according to a progress report by the FIRS sent to the Federal Ministry of Finance and obtained by the News Agency of Nigeria on Tuesday in Abuja. The report, which showed the

BUSINESS

STOP THE BRAND BASHING!

Daily Dispatch June 11, 2017

Recently, a brand of sugar took its turn of bashing through an audio message circulated in the social media that its consumption is dangerous to health. Of course, too much sugar is bad for the health. At least so the health experts say!  But i urge social media users to please ignore such spurious claims […]

BUSINESS

Aba shoemakers caution Abia Government over Chinese investor

Daily Dispatch June 10, 2017

Shoemakers in Ariaria Market, Aba, have expressed concern that invitation of a Chinese investor may stifle local entrepreneurs. The News Agency of Nigeria(NAN), reports that the Abia Government in April 2017, announced that it had secured a loan of $1.5 billion for a Chinese entrepreneur to set up a shoe industry in Aba. Some shoemakers […]

BUSINESS

Unemployment: Economist advises FG to create 3m jobs annually

Daily Dispatch June 10, 2017

An economist, Dr Aminu Usman, has advised the Federal Government to create at least three million jobs annually in order to address the high unemployment rate in the country. Usman, who is a lecturer at the Department of Economics, Kaduna State University, gave this advice in an interview with the News Agency of Nigeria (NAN) […]

BUSINESS

Nigerian stock market gains N117bn to hit 23-month high

Daily Dispatch June 9, 2017

Activities on the Nigerian Stock Exchange (NSE) remained on a bullish trend on Friday with the All-Share Index crossing the 33,000 mark for the first time since June 2015. NAN reports that the index, being led by Oscar Onyema (pictured), grew by 338.70 points or 1.03 per cent to close at 33,276.68 against 32,937.98 achieved […]

BUSINESS

Nigeria to export its first consignment of certified yams to UK, U.S.

Daily Dispatch June 9, 2017

Nigeria may officially export its first consignment of certified yams to the UK and U.S. by the end of June, Chief Audu Ogbeh, the Minister of Agriculture and Rural Development has disclosed. The minister made this disclosure in a statement signed by Mr Olukayode Oyeleye, Special Media and Communication in the ministry in Abuja on […]