BUSINESS

Fidelity Bank launches “Bundles of Joy” initiative to support children with special needs and their families

Daily Dispatch January 6, 2025

As part of its commitment to fostering inclusivity, Fidelity Bank Plc has inaugurated the Bundles of Joy programme, a groundbreaking initiative aimed at creating supportive spaces and activities for children with special needs while addressing the psychological and emotional well-being of their

BUSINESS

Why Shell ran away from managing our refineries- Obasanjo

Daily Dispatch January 2, 2025

Former President Olusegun Obasanjo has revealed new details about Nigeria’s refinery woes, recounting failed efforts to privatise the country’s refineries and the subsequent financial losses under government management. In an exclusive interview with Channels TV on Thursday, Obasanjo discussed the Port Harcourt, Warri, and Kaduna refineries during his presidency. He

BUSINESS

New Refineries: NNPCL may cut crude supply to Dangote plant

Daily Dispatch January 2, 2025

The Federal Government may cut its crude oil supply to the Dangote Petroleum Refinery, reducing it from the current allocation of 300,000 barrels per day, except if there is a surge in Nigeria’s oil output. This reduction is expected to take place as part of adjustments under the government’s naira-for-crude initiative following the coming onstream of […]

BUSINESS

Sterling HoldCo moves ahead in recapitalisation……cements capital raise with full regulatory approval

Daily Dispatch December 27, 2024

Lagos, Nigeria: Sterling Financial Holdings Company PLC has achieved anothermilestone with the approval of the Central Bank of Nigeria (CBN) recognising anadditional ₦75 billion in its capital raise. This approval represents the final leg of thecapital injection that was achieved through a private placement in September 2024. Building on the private placement’s

BUSINESS

NNPC Limited joins OGMP 2.0 to strengthen methane emission reduction efforts

Daily Dispatch December 24, 2024

NNPC Limited, Nigeria’s premier energy company, has officially joined the Oil and Gas Methane Partnership (OGMP) 2.0, solidifying its commitment to environmental sustainability. The announcement was made via a statement shared on X (formerly Twitter) on Monday. This landmark move aligns with NNPC’s strategic goal of achieving net zero methane intensity by 2030, emphasizing

BUSINESS

FG lifts ban on mineral exploration in Zamfara

Daily Dispatch December 22, 2024

After more than five years of security restriction, the Federal Government has lifted the ban on mining exploration activities in Zamfara State, citing significant improvements in the security situation across the state. Making the announcement during a press briefing at the weekend, the Minister of Solid Minerals Development, Dr. Dele Alake stated that the nation […]