BUSINESS

NSE: Dangote Cement Records Highest Price Growth

Daily Dispatch March 17, 2017

Activities on the Nigerian Stock Exchange ended the week on Friday on a bullish trend with the All-Share Index appreciating by 0.92 per cent. The News Agency of Nigeria reports that the index grew by 235.08 points or 0.92 per cent to close at 25,653.16 compared with 25,418.08 posted on

BUSINESS

NNPC To Recover N11b Missing Petrol From Capital Oil

Daily Dispatch March 17, 2017

The Nigerian National Petroleum Corporation on Friday announced measures to achieve full recovery of over 130 million litres of Premium Motor Spirit, also known as petrol, stored in the facilities of two indigenous downstream operators, MRS Limited and Capital Oil & Gas Limited, under a throughput arrangement to ensure a robust strategic reserve. Providing details […]

BUSINESS

Only 214 Wealthy Nigerians Pay Tax In Excess Of N20m – FG

Daily Dispatch March 17, 2017

The Minister of Finance, Kemi Adeosun has disclosed only 214 Super rich Nigerians pay income tax in excess of N20 million yearly, others are tax dodgers. Adeosun, tabled this sobering information before the National Economic Council and blamed the situation on why Nigeria posts one of the lowest tax per GDP ratio in the world. Adeosun […]

BUSINESS

KADUNA ELECTRIC, RIGASA COMMUNITY RUB MINDS ………As The Wheel Of Customer Appreciation Moves On

Daily Dispatch March 17, 2017

The Management of Kaduna Electric in a continuous effort to engage the customer and communicate its customer-centric culture has once again held the Customer Appreciation Day/Customer Forum, this time at Rigasa Area Office of Kaduna. In his welcome address, the Business Development and Relationship Officer (BDRO) of Rigasa Area Office, Mr. Ibrahim Mohammed expressed his

BUSINESS

Forex: CBN To Sell $100m To Dealers As Naira Firms Up Further

Daily Dispatch March 17, 2017

The Central Bank of Nigeria says it has received bids for foreign exchange of about $100 million from authorised dealers in the interbank market to meet the requests of genuine customers. The acting Director of Communication of the CBN, Isaac Okorafor, in a statement on Thursday in Abuja said the sale would be settled on […]

BUSINESS

Nigeria will soon recover from recession – World Bank

Daily Dispatch March 16, 2017

The World Bank has said that Nigeria will soon recover from its economic recession. Eme Essien-Lore, the Country Manager in Nigeria, International Finance Corporation, stated this in Lagos on Thursday. ”In our perspective and with the numbers that we have seen coming from the World Bank and the International Monetary Fund (IMF), Nigeria’s economy has […]