BUSINESS

Sterling One Foundation, PwC, and Partners to Host ESG Series 4.0

Daily Dispatch October 24, 2024

As environmental, social, and governance (ESG) principles continue to gain traction globally, Nigerian businesses are increasingly recognizing the importance of integrating sustainable practices into their operations. ESG has evolved from a trend to a strategic necessity for companies aiming to

BUSINESS

Breaking: Why Naira is showing signs of stability – IMF

Daily Dispatch October 23, 2024

The International Monetary Fund (IMF) says the naira, Nigeria’s local currency, is showing signs of stability due to interest rate hikes. In its global financial stability report launched during a press briefing in Washington DC on Tuesday, the IMF also linked the currency’s stability to the clearing of the foreign exchange backlog by the Central […]

BUSINESS

Tinubu commends NIPCO Executives for Investing in CNG Sector

Daily Dispatch October 23, 2024

President Bola Tinubu thanked NIPCO for investing in Nigeria’s Compressed Natural Gas (CNG) sector during a meeting with the company’s executives at the State House in Abuja. The President commended NIPCO’s contributions to the nation’s energy transition efforts, particularly its support for the Presidential Compressed Natural Gas Initiative (PCNGI). During the meeting,

BUSINESS

UBA grows net interest income by 149%, increases PBT to N603bn in Q3 2024

Daily Dispatch October 21, 2024

The United Bank for Africa Plc on Monday announced its unaudited results for the third quarter ended September 30, 2024, showing great increase in gross earnings by as much as 83.2 per cent to N2.398 trillion up from N1.308 trillion recorded in September last year. The UBA, Africa’s Global Bank also recorded growth in its […]

BUSINESS

CBN committed to Developing Next Generation of Leaders in Financial Sectors – Cardoso

Daily Dispatch October 21, 2024

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the Bank’s commitment to developing the next generation of leaders in the financial and social sciences sectors. He has also emphasised the necessity of addressing the scarcity of skilled professionals in finance-related fields in Nigerian universities. Mr. Cardoso stated this recently

BUSINESS

For the third time, oil marketers adjust their pump price in Lagos

Daily Dispatch October 20, 2024

Oil marketers have once again, adjusted the pump price of petrol to N1,090 and N1,070 from N1,050 per liter in the Lagos metropolis. This is the third time oil marketers would have their pump price of petrol adjusted in three weeks. Though most of the fuel outlets were shut on Sunday in Lagos, a few that […]