Friday 11 October 2013

CSR News Summary Issue 66

Philanthropy: Dangote builds N2b hospital in Kano


The Dangote Foundation yesterday began the construction of what has been described as one of “Africa’s most ambitious health facilities” in Kano State.

Published in BusinessDay Newspaper on Monday, 7th October, 2013

 

Energy: FG, Power Sector unions resolve crisis

The Federal Government and electricity workers Wednesday charted a new course for the resolution of lingering labour-related crises threatening the power privatization programme.

Published in BusinessDay Newspaper on Monday, 7th October, 2013


Investment: NAHCO invests $70m in equipment in 2 years

The Nigerian Aviation Handling Company (NAHCO) Plc said yesterday that it has invested over $70 million on equipment, infrastructure and training of its personnel in the last two years.
Published in BusinessDay Newspaper on Monday, 7th October, 2013

 

Labour: Delta to employ 20,000 youths through SEEFOR project

 

Worried by the high rate of youth unemployment in the state, Delta State Government is to employ over 20,000 youths in the next five years through the Small Public Works sub-component of the State Employment and Expenditure for Results, SEEFOR Project.
Published in ThisDay Newspaper on Monday, 7th October, 2013

Philanthropy: Nestle renovates school, brings joy to Ogun Community

History was made recently when Nestle Nigeria Plc. handed over a renovated block of St. Paul’s Anglican Nursery and Primary School, Orile-Imo, in Owode Egba Ogun State, to the community.
Published in Daily Sun Newspaper on Tuesday, 8th October, 2013

Philanthropy: UBA woos young writers with N1m prize

Young writers stand a chance of winning N1m by participating in the 2013 UBA Foundation National Essay Competition for students in senior secondary schools across the country.
Published in Daily Sun Newspaper on Tuesday, 8th October, 2013

Philanthropy: MainOne restates commitment to Education Sector

West African telecommunications services company, Main One Cable, has said the thrust of its Corporate Social Responsibility is the development of schools in the areas where it operates.
Published in The Punch Newspaper on Tuesday, 8th October, 2013

Education: Nigeria to Access U.S. $500 Million for Education

Nigeria is to access $500 million from international funding agencies to boost educational development and enhance access to universal basic education in the country.
Published in The Punch Newspaper on Tuesday, 8th October, 2013
  

Philanthropy: Lawmakers train 120 youths

The Chief Whip of Oyo State House of Assembly Hon. Abiodun Adigun-Hammed has reiterated his commitment to support youths and the aged in his constituency.
Published in The Nation Newspaper on Wednesday, 9th October, 2013

Sustainable Development: World Bank forecasts Africa’s growth

The World Bank has forecast a 4.9 percent economic growth for sub-Saharan Africa
(SSA).

According to the bank, almost a third of the countries in the region are growing at 6 per cent and more. It said African countries were now routinely among the fastest-growing countries in the world.
Published in The Nation Newspaper on Wednesday, 9th October, 2013

Investment: Firms urged to invest in structures

Managing Director of Shell Petroleum Development Company of Nigeria Limited (SPDC), Mutiu Sunmonu, yesterday urged Nigerian companies to invest in the development of world-class processes and structures to match those available elsewhere in the world.
Published in The Nation Newspaper on Wednesday, 9th October, 2013

Philanthropy: NGO offers free Education to 5,000 children

A faith-based Non Government Organisation (NGO), the Inner City Mission for Children has offered free education to about 5,000 indigent children across the country.
Published in Daily Independent Newspaper on Thursday, 10th October, 2013

Economy: CBN explains components of N220bn MSMEs fund

The Central Bank of Nigeria says its N220 billion Micro, Small and Medium Enterprise (MSMEs) Fund will help participating financial institutions to support entrepreneurs.

The Director of Public Finance, Mr Paul Eluhaiwe, said this in an interview with the News Agency of Nigeria (NAN) in Abuja on Tuesday.
Published in Vanguard Newspaper on Thursday, 10th October, 2013

Philanthropy: Berger Paints Donates Products to NGO

Berger Paints Nigeria Plc, one of Nigeria’s leading paints and allied products company, has donated products to a non-governmental organisation – Nigeria Society for the Blind as part of its corporate social responsibility.
Published in Vanguard Newspaper on Thursday, 10th October, 2013

Labour: 51.18m Nigerians Employed in 2011, says Report

A total of 51.18 million Nigerians were employed in the economy in 2011, while 16.07 were unemployed, the National Planning Commission said in a report in Abuja yesterday.
 Published in ThisDay Newspaper on Friday, 11th October, 2013

World Bank targets Poverty Reduction to 9% by 2020

The World Bank has set an interim target to reduce global poverty to 9 percent by 2020 as it made a call to urgently end extreme poverty.
 Published in ThisDay Newspaper on Friday, 11th October, 2013

Agriculture: Stanbic IBTC, John Deere, Tata partner on Agriculture Financing

Stanbic IBTC Bank has entered collaboration with Tata Africa Services and John Deere Financial, a division of United States based John Deere, to provide a range of financial services to customers of John Deere.
Published in The Nation Newspaper on Friday, 11th October, 2013

Impact Assessment: FG recoups N500m from EIAs processing

The Permanent Secretary Ministry of Environment, Mr Taiye Haruna, yesterday disclosed that the ministry has generated about N500 million from the processing of Environmental Impact Assessment for new development projects.
Published in The Nation Newspaper on Friday, 11th October, 2013

Investment: AfDB to issue a new 5-year $1bn Global Bond

The African Development Bank, AfDB, has said it would soon issue a new $ 1 billion, five year Global benchmark bond. This is AfDB’s second fixed – rate USD transaction of the year after having issued a five-year note in January.

Published in The Nation Newspaper on Friday, 11th October, 2013

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