Sunday 16 February 2014

CSR News Summary Issue 73



For Agriculture: FG distributes Fertilizer to Farmers in Bauchi

 

The Federal Government has said it has distributed 33,000 bags of assorted fertilizer to 11,000 registered rice farmers in Bauchi State for this year’s dry season farming.
Published in ThisDay Newspaper on Monday, 10th February 2014

 

Appointment: UC RUSAL Appoints New Management Team for ALSCON

 

The Aluminium Smelter Company of Nigeria has announced the appointments of new acting Managing Director; acting Director, Human Resources; acting Director, Finance; acting Director, Commercial, among others.
Published in ThisDay Newspaper on Monday, 10th February 2014

Industry Pulse: Ikazoboh, Ebi join Dangote Cement Board

 

Dangote Cement Plc, DANGCEM, yesterday announced it has appointed Emmanuel Ikazoboh, former interim administrator of the Nigerian Stock Exchange, NSE and Ernest Ebi as non-Executive Directors of the Company.
Published in ThisDay Newspaper on Monday, 10th February 2014

Industry Pulse: EMP Hires Murat Ozulku as CEO of its Bank Processing Division

Emerging Market Payments (EMP) announced that Murat Ozulku has been appointed CEO of its Bank Processing Division, replacing Hoda Shoukry who has retired after an illustrious career.
Published in ThisDay Newspaper on Monday, 10th February 2014

Industry Pulse: P & G appoints new MD in Nigeria

 

Procter and Gamble (P&G) has announced the appointment of Mr. George Nasser as the new company Managing Director for Nigeria. The announcement was made this week by Miss Olatomiwa Akande, the company’s communications Manager.
Published in Daily Independent Newspaper on Monday, 10th February 2014

Reporting: CBN, SEC, DPR urged to Sustainability Reporting

Regulatory agencies such as the Central Bank of Nigeria, Nigeria Stock Exchange, Department for Petroleum Resources, Security and Exchange Commission and Federal Inland Revenue Service, amongst others have been charged to evolve ways of regulating sustainability reporting in the country.
Published in Daily Independent Newspaper on Monday, 10th February 2014

 

Environment:  Agip Oil Well Head Leak Pollutes Biseni Community In Bayelsa 

A leak in a well head has been discharging crude oil in Egbebiri area of Biseni in Yenagoa Council area of Bayelsa since Friday, February 7.



A Sahara Reporter said on Monday the leak, due to corrosion at Idu Well 3, operated by Agip, is spewing crude oil in gaseous form which liquefies and settles on the ground.   
Published in Daily Independent Newspaper on Monday, 10th February 2014

Partnership: Microsoft partners Mobile Monday, others in Techpreneurship

 

Microsoft Nigeria has partnered Mobile Monday Nigeria, Nokia and Verve to develop a new crop of techpreneurs with the unveiling of the first DevCon Alpha competition.

Published in Punch Newspaper Tuesday, 11th February 2014

 

Grant: 10 varsities get $80m World Bank’s grant for research

 

Ten Nigerian Universities have won grants of about $8 million US Dollars each for research and related activities under the World Bank- supported Africa Centres of Excellence (ACE) project. 

Published in The Nation Newspaper on Wednesday, 12th February 2014

 

Agribusiness: Sahel Capital Raises $33m to Boost Agribusiness in Nigeria

 

West African-focused Fund Manager, Sahel Capital has unbundled a $33 million investment fund for agribusiness in Nigeria, with particular focus on the sector’s SMEs.
Published in The Nation Newspaper on Wednesday, 12th February 2014

Partnership: MTN partners Shoprite on telecoms services


MTN, Nigeria’s leading technology company, has partnered with Africa’s biggest grocer, Shoprite Retail Supermarkets, to avail subscribers its products and services at all Shoprite outlets nationwide.
Published in The Guardian Newspaper on Wednesday, 12th February 2014

 

Business Finance: CBN earmarks N220b development fund for SMEs

 

The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, has said that N132bn has been earmarked for providing financial services to women from the N220bn Micro, Small and Medium Enterprises Development Fund. 
Published in The Guardian Newspaper on Wednesday, 12th February 2014

Business Opportunities: U.S. business group to partner Entrepreneurs

An Atlanta, US-based group, Geek Gone Global, is currently visiting Nigeria to explore business opportunities in Nigeria and Africa.
Published in The Guardian Newspaper on Wednesday, 12th February 2014

Audit Report: NEITI begins new Audit Report

 

The Nigeria Extractive Industries Transparency Initiative (NEITI) has promised that it would going ahead with its planned audit of the fiscal allocation and statutory disbursement of funds from the country’s Excess Crude Oil Account (ECA), ecological funds and 13 per cent derivation allocation which are shared between the country’s three tiers of government.
Published in The Guardian Newspaper on Wednesday, 12th February 2014

 

Industry Pulse: Total gets first female MD for upstream firms in Nigeria

 

Mrs. Elisabeth Proust has been appointed Managing Director/Chief Executive of the Total Upstream Companies in Nigeria and as the Total Group representative in Nigeria, with effect from Wednesday, February 12, 2014.
Published in The Guardian Newspaper on Wednesday, 12th February 2014

Insecurity: Anxiety as Cameroun annexes territories in Cross River

 

Effective take-over by the Republic of Cameroun of Nigerian territories in northern Cross River State may have begun in earnest. This is coming 11 years after the International Court of Justice at The Hague ruled that the natural resources-rich Bakassi Peninsula belongs to Cameroun.
Published in Daily Sun Newspaper on Wednesday, 12th February 2014

 

Entrepreneurial skills: NECA’s women business association trains on bookkeeping

 

Many small businesses have missed the opportunity to get credit financing or equity investment simply because the business books were not in order.

Business experts world over all agree that proper bookkeeping is essential for continued sustenance and expansion of a business because it is through this that tax officials, bankers, other investors or even the business managers can know the actual performance of a business.
Published in Daily Sun Newspaper on Wednesday, 12th February 2014

 

Philanthropy: Moneygram donates Books to School

 

MoneyGram has donated 3,000 exercise books and 5,000 copies of the Junior Graphic newspaper to three schools in the Akyem Swedru Municipality, as part of this year’s “Awaa waa” School Promotion.
Published in Vanguard Newspaper on Thursday, 13th February 2014

Event: Nigeria to participate in Global Education Summit in US

 

Nigeria will be among the 80 countries that will participate in the Global Education Summit to be organized by the British Council in the United States in May this year.
Published in Vanguard Newspaper on Thursday, 13th February 2014

 

Education: Education for all, not likely till 2086

 

When the Education for All by 2015 Millennium Development Goal was postulated in 2000, sceptics doubted the ability of countries like Nigeria to live up to that goal in a 15-year time frame.

Published in Vanguard Newspaper on Thursday, 13th February 2014

 

Empowerment: Firm to empower Nigerian entrepreneurs

 

Geek Gone Global, a business group from Atlanta has said it is poised to encourage Nigeria and African entrepreneurs to achieve their individual set goals and objectives and thus improve the economic growth of their economies

Published in The Guardian Newspaper on Thursday, 13th February 2014

 

Health: New guidance for treating children with acute malnutrition

 

The World Health Organisation (WHO) has released new treatment guidelined for the almost 20 million children under – five worldwide who have severe acute malnutrition.

Published in The Guardian Newspaper on Thursday, 13th February 2014

 

Investment: Dangote Sugar Poised For Increased Production


Nigeria’ Minister for Industry, Trade and Investment, Olusegun Aganga, has commended the country’s No.1 sugar refinery, Dangote Sugar Refinery for making headway on its sugar backward integration project.
Published in The Guardian Newspaper on Thursday, 13th February 2014

Poverty Eradication: FG earmarks N108 million for 12 pilot states


The Federal Government has earmarked the sum of N108 million for 12 pilot states for the grassroots micro-credit scheme of the National Poverty Eradication Programme. 
Published in The Guardian Newspaper on Thursday, 13th February 2014

 

Labour: FG moves to end Poly Strike, Kicks off NEEDS Assessment

As part of efforts to end the ongoing strike by polytechnic lecturers across the country, the federal government yesterday commenced a needs assessment exercise of 66 state and federal polytechnics across the country.
Published in National Mirror Newspaper on Friday, 14th February, 2014

 

Infrastructure: ‘Why Ogun’s multi-billion naira power plant is lying fallow’

 

Ogun State government has given reasons why the multi-billion power equipment purchased by the immediate past administration has been lying fallow for the past 31 months.

Published in National Mirror Newspaper on Friday, 14th February, 2014

 

Energy: U.S. to assist in Building Power Distribution, Transmission Capacity in Nigeria

 

United State’s Secretary of Commerce Penny Pritzker is expected to lead an energy business development mission to West Africa, with visit to Ghana and Nigeria.

Published in National Mirror Newspaper on Friday, 14th February, 2014

Energy: ENI needs $96m to double solar plant capacity to 15mw

Executive Vice Chairman of the National Agency for Science and Engineering Infrastructure (NASENI) Mohammed Haruna, says about $96 million would be required to double the agency’s solar capacity from its current 7.5 to 15 megawatts of electricity.
Published in National Mirror Newspaper on Friday, 14th February, 2014

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