BUSINESS

Liquidity boost to BDCs narrows exchange rate gap, says Gwadabe

Daily Dispatch April 18, 2017

Alhaji Aminu Gwadabe,  the President of Association of Bureau De Change Operators of Nigeria (ABCON), says  lower exchange rate gap is due to liquidity boost to the BDCs sector. Gwadabe told the News Agency of Nigeria (NAN) on Tuesday in Lagos that the increase in the weekly volume of foreign

BUSINESS

World Bank lauds FG as 965,157 persons benefit from FADAMA III

Daily Dispatch April 18, 2017

The World Band has commended the Federal Government for the successful implementation of FADAMA III programme, which has so far benefited 965,157 persons, made up of 582,099 males and 383,058 females. Dr. Adetunji Oredipe, the World Bank FADAMA Team Leader, gave the commendation in Abuja while speaking with News Agency of Nigeria on Tuesday. Oredipe […]

BUSINESS

China gives conditions for Nigeria to receive more assistance

Daily Dispatch April 18, 2017

Prof. Zhang Yong-Peng, a research fellow at the Chinese Academy of Social Sciences(CASS), in Beijing, China on Tuesday said that for more Chinese development assistance to be extended to Nigeria, both countries should become active partners. Yong-Peng told a Delegation of visiting Nigerian Journalists in Beijing, while making clarification on “The Belt and Silk Road: […]

BUSINESS

Governors’ Forum seeks investments between China and Nigeria.

Daily Dispatch April 16, 2017

In a bid to foster transnational investments between Nigeria and China, the first edition of the Nigeria Governors’ Investment Forum was held in Guangzhou, China. Governors from nine states in Nigeria, including Alhaji Abdul’aziz Abubakar Yari of Zamfara State, Chief Okezie Ikpeazu of Abia State and Chief Samuel Ortom of Benue State were at the forum. Other […]

BUSINESS

$43m discovery: Enemies of Naira being exposed, says ABCON

Daily Dispatch April 14, 2017

The President, Association of Bureau De Change Operators of Nigeria, Alhaji Aminu Gwadabe, said that the discovery of huge sums of money in Lagos has vindicated its members. Gwadabe said on Friday that ABCON was saddened by the development, but added that the real enemies of the Naira were gradually being exposed. The Economic and […]

BUSINESS

Forex fraud: Senate vows to publish names of importers, banks

Daily Dispatch April 13, 2017

Senate has vowed to publish names of importers and banks found culpable in ongoing investigation into over N30 trillion alleged foreign exchange frauds perpetrated between 2006 and 2017. The Chairman, Senate Committee on Customs, Sen. Hope Uzodinma, made this known on the second day of meeting with representatives of all commercial banks, the Central Bank […]