BUSINESS

Old Port Hacourt currently operating at 70 per cent of its installed capacity, says NNPCL, as it debunks misleading claims

Daily Dispatch November 26, 2024

The Nigerian National Petroleum Company Limited (NNPCL) has described as untrue some claims that the Port Harcourt Refinery is not producing petroleum products. The national oil company made the clarity in an update by its Chief Corporate Communications Officer, Olufemi Soneye, Tuesday night.

BUSINESS

CBN Increases Interest Rate To 27.50 Percent

Daily Dispatch November 26, 2024

The Central Bank of Nigeria (CBN) has increased the country’s monetary policy rate to 27.50 percent, up from the previous rate of 27.25 per cent. The decision was made during the final meeting of the year for the Monetary Policy Committee (MPC), which convened at the central bank’s headquarters in Abuja on Tuesday. CBN Governor, Yemi Cardoso, […]

BUSINESS

Over 100 Companies to Participate in Abuja China-Africa Trade Expo

Daily Dispatch November 25, 2024

The organisers of the China-Africa Economic and Trade Expo have announced details for the upcoming event, scheduled to take place in Abuja from November 28 to November 30, 2024. The trade expo will not only showcase a broad range of products but will also place significant emphasis on Chinese engineering technology. According to a statement […]

BUSINESS

Dangote Refinery Reduces PMS Price To N970/litre

Daily Dispatch November 24, 2024

Dangote Petroleum Refinery has effected a reduction in the price of its Premium Motor Spirit (PMS) for marketers. Anthony Chiejina, Group Chief Branding and Communications Officer of the Dangote Group, announced this in a statement on Sunday. He said the price was slashed from N990/litre to N970/litre “to appreciate the good people of Nigeria”. “As the […]

BUSINESS

No Alternative To P/Harcourt, Other Local Refineries -Niger Delta Group Tells NNPCL

Daily Dispatch November 24, 2024

…..urges Kyari to stop deceiving Nigerians A pro development group in the oil rich region under the umbrella ofNiger Delta Development and Transformation Initiative (NDDTI),has declared that no amount of talks or actions could salvage the ailing energy sector in Nigeria, except the local refineries were put to operations. In a press statement made available […]

BUSINESS

Fidelity Bank to give out N159Million in GAIM 6 promo

Daily Dispatch November 22, 2024

Leading financial institution, Fidelity Bank Plc, has announced that it will be giving out N159 million to lucky customers in its recently launched Get Alerts in Millions Season 6, (GAIM 6) promo. Speaking at the press conference to kick off the promo at the bank’s Lagos head office, Executive Director, Lagos & South-West, Fidelity Bank […]