BUSINESS

NNPC Sacks Several Staff Over Missing 130m liters of Petrol

Daily Dispatch April 13, 2017

The Nigerian National Petroleum Corporation on Thursday confirmed the disengagement of officials linked with missing 130 million liters of petrol. A high ranking source in the ministry, who did not wish to be named, made the confirmation to the News Agency of Nigeria on Thursday in Abuja. The

BUSINESS

NNPC to Commerciaise Communication Network

Daily Dispatch April 12, 2017

The Nigerian National Petroleum Corporation (NNPC) will commercialise some of its critical Information Communications & Technology (ICT) infrastructure in line with its bid to re-focus the Corporation as a commercially viable entity. The Group Managing Director of the Corporation, Dr. Maikanti Baru, made this known while receiving the Minister of Communication,

BUSINESS

Dangote partners Alba-Bello to sell food items at low prices

Daily Dispatch April 11, 2017

The Dangote Group is partnering Alba-Bello Trading Company in Zaria to sell food items at low prices to customers across Kaduna and neighboring states. Alhaji Sa’idu Ibrahim-Mohammed, the General Manager, Administration and Corporate Services in Alba-Bello Trading Company, disclosed this to newsmen on Tuesday after the launch of the programme in Zaria, Kaduna State. He

BUSINESS

Nigeria loses N10b monthly at Tin Can Area 11 – Association

Daily Dispatch April 10, 2017

The Association of Nigerian Licensed Customs Agents says the Federal Government loses more than N10 billion monthly because of inactivity at Tin Can Port Area two, Lily Pond, Ijora, Lagos. Olufemi Olabanji, the Chairman of the Association, Tin Can Two Area Command, told the News Agency of Nigeria in Lagos on Monday that the terminal […]

BUSINESS

Oil hits one-month high after U.S. missile strike in Syria

Daily Dispatch April 7, 2017

Oil prices hit a one-month high on Friday after the United States fired missiles at a Syrian government airbase, sending shockwaves through global markets and raising concerns that the conflict could spread in the oil-rich region. The toughest U.S. action yet in Syria’s six-year-old civil war has ramped up geopolitical uncertainty in the Middle East. […]

BUSINESS

FG set to release part of N30b mining intervention fund – Fayemi

Daily Dispatch April 6, 2017

The Federal Government says it will release part of the N30 billion mining intervention funds soon. Kayode Fayemi, the Minister of Steel Development, disclosed this during a town hall meeting with miners as part of his nationwide tour on Thursday in Abuja. Fayemi said the Minister of Finance, Kemi Adeosun, had promised the fund would […]