BUSINESS

Former IMF Chief Gets Four Years in Jail For Embezzlement in Spain

Daily Dispatch February 24, 2017

The former International Monetary Fund chief Rodrigo Rato has been sentenced to four-and-a-half years in prison for misusing corporate credit cards while in charge of two leading Spanish banks at the height of the country’s financial crisis. Rato, also a former a Spanish economy minister and

BUSINESS

FG invites Foreign Airlines To Inspect Kaduna Airport

Daily Dispatch February 23, 2017

The Federal Government has invited Foreign airline operators to the Kaduna airport to see the level of its preparedness at relocating flight operations to Kaduna state. The government had announced that Abuja airport runway will be shut by March 8 in order to repair the dilapidated runway. The government maintained that the Nnamdi Speaking in […]

BUSINESS

AEDC Confirms Mass Disconnection Despite NERC’s Warning

Daily Dispatch February 23, 2017

In spite of the Federal Government’s warning, the Abuja Electricity Distribution Company on Thursday confirmed it disconnected the Sabon Gari Community, Mararaba near Abuja from the national grid. While hinging its action on debts owned by individual customers, Ahmed Shekarau, the AEDC’s spokesman, told the News Agency of Nigeria in Abuja that the step was […]

BUSINESS

Xenophobia: Protesters Vandalise MTN Abuja Head Office

Daily Dispatch February 23, 2017

Apparently angry with the xenophboia currently going on against Nigerians in South Africa, vandals attacked the regional head office of telecommunication giant, MTN in Abuja stealing phones, cash and also destroying vehicle and office equipment. About 30 vandals invaded the premises at 4 Madeira Street, Maitama at about 11a.m. on Thursday chanting ‘solidarity songs’ armed

BUSINESS

Kaduna Electric Bemoans Energy Theft…instals 11,000 meters in two months

Daily Dispatch February 23, 2017

The Management of Kaduna Electric has lamented the increasing cases of energy theft in it franchise area and destruction of the smart meters currently being installed by the Company and resolved to prosecute anybody caught perpetrating the illegal act. The Head, Energy metering and new connection of the Company, Engr. Aliyu Abbas Abdullahi made this […]

BUSINESS

Why Buhari Is Yet To Reduce Fuel Pump Price To N50 per litre – Former minister, Ogiemwonyi

Daily Dispatch February 23, 2017

A former Minister of State for Works and chieftain of the All Progressives Congress, APC, Engr. Chris Ogiemwonyi, has explained why President Muhammadu Buhari-led government is yet to fulfill its campaign promise that it would reduce the price of Premium Motor Spirit from N86 to N50. Ogiemwonyi, who exonerated Buhari from the price increase, blamed […]