Friday 9 May 2014

CSR News Summary Issue 81

Environment: Defence Headquarters, NOSDRA Mull Plans against illegal Crude Refineries, Oil Spillage

 

Following incessant cases of illegal crude oil refineries and oil spillage in the Niger Delta, the Defence Headquarters would formulate new strategies that will curb the menace of such activities in the region.

Published in ThisDay Newspaper on Sunday, 4th May 2014

 

Infrastructure: Wada approves N400m for Micro-Projects in Kogi

 

The Kogi State Government has approved N400 million to fund micro-projects by its community and Social Development Agency.

Published in The Guardian Newspaper on Sunday, 4th May 2014


Climate Change: Food Production efforts to consider Climate Change Impact

 

Agriculture is an important sector of the U.S. economy. In addition to providing us with much of our food, the crops, livestock, and seafood that are grown, raised, and caught in the United States contribute at least $200 billion to the economy each year. 
Published in The Guardian Newspaper on Sunday, 4th May 2014

 

Partnership: ASCL signs MoU with private firm for reactivation of power plant


Ajaokuta Steel Company Ltd (ASCL) weekend, signed a Memorandum of Understanding (MoU) with a private firm, 3D – High Tech Systems Ltd, for the reactivation of its 110 megawatts thermal power plant
Published in BusinessDay Newspaper on Monday, 5th May 2014

 

Energy: Nigeria – Danish Chamber seeks solution to industries’ high energy spend

 

The Nigeria – Danish Chamber has met to seek solutions to poor power supply to local industries, which culminate into high energy spend and operating costs.

Published in BusinessDay Newspaper on Monday, 5th May 2014

 

Award: BusinessDay wins most impactful business newspaper award

 

In its tradition of winning laurels both in the local and the international media spaces, BusinessDay has again won the prestigious award of the most impactful newspaper on business and commerce

Published in BusinessDay Newspaper on Monday, 5th May 2014

 

Agriculture: FG, WACOT partnership enhances Seed Production in Nigeria

 

Director General of National Agriculture Seed Council, Mr. Anthony Olatokun has said the council in partnership with WACOT Ltd, a privately-owned agricultural based company, has enhanced the production of improved seeds in the country.
Published in ThisDay Newspaper on Monday, 5th May 2014

Infrastructure: AfDB to launch $3bn Infrastructure Fund

 

The African Development Bank plans to launch a $3 billion infrastructure fund to raise money to deliver on vital infrastructure n the continent.

Published in ThisDay Newspaper on Monday, 5th May 2014

 

Empowerment: Sokoto Lawmaker empowers women with N2m

 

A member representing Tambuwal East Constituency in the Sokoto State of Assembly, Alhaji Abdussamad Dasuki, has donated the sum of N2 million to be disbursed among women in his constituency.
Published in DailySun Newspaper on Tuesday, 6th May 2014

 

Environment: NOSDRA seeks military support in oil spill control

 

To further combat the menace of crude oil theft and oil spillage in the Niger Delta region, the National Oil Spill Detention and Response Agency has solicited the support of the military in checkling the unpatriotic act.

Published in The Guardian Newspaper on Wednesday, 7th May 2014

Energy: New Investments in Egbin Power Plant hit N7.3b

 

The new investors in Egbin Power Plant have invested over N7.3billion between November 1, 2013and now to turn the company around, the Managing Director, Egbin Electricity Power Plc, Mike Uzoigwe, has said.

Published in The Guardian Newspaper on Wednesday, 7th April 2014

 

Report: Mobile broadband penetration to reach 32% by 2014

 

Efforts aggregated by several stakeholders in Africa to meet the Millennium Development Goals (MDGs) through broadband access has started yielding expected results as the latest statistics released by the International Telecommunication Union , ITU, on Monday indicated that global mobile-broadband penetration will reach 32 per cent by end 2014 in developing economies.
Published in The Guardian Newspaper on Wednesday, 7th May 2014


Corporate Governance: Weak Corporate Governance threatens bank examination

 

Nigeria Deposit Insurance Corporation (NDIC) has identified weak corporate governance and inadequate implementation of risk based supervision (RBS) strategies as major threats to effective bank examination in the country.
Published in The Vanguard Newspaper on Thursday, 8th April 2014

 

MasterCard seeks extension of agency banking to rural areas

 

Extending agency banking to rural areas of the country has been identified as a critical condition for attracting the informal sector into the banking system.

Published in The Vanguard Newspaper on Thursday, 8th April 2014

Industry Pulse: Seplat named Global Growth Company

 

The World Economic Forum has named Seplat Petroleum Company Development Company Plc a Global Growth Company, GGC.
With this recognition, Seplat joins a vibrant community of the world’s most dynamic, influential and high-growth companies.
Published in The Vanguard Newspaper on Thursday, 8th April 2014

Financial Inclusion: Africa’s Mobile Money Revenues to hit $3 billion

Mobile Money operators’ revenue in Africa will rise to $3 billion by 2015, a study by Pyramid Research has shown.
Published in The Vanguard Newspaper on Thursday, 8th April 2014

 

Security: Construction of forensic lab commences in Lagos

 

The Lagos State Government has said it has started the construction of a forensic laboratory in the state.
Published in Daily Independent Newspaper on Thursday, 8th April 2014

 

Labour: NUPENG contests FG’s unemployment figure

 

The Nigeria Union of Petroleum and National Gas Workers Wednesday in Lagos faulted on unemployment rate in the country.

Published in Daily Independent Newspaper on Thursday, 8th April 2014

 

Empowerment: NGO targets 14 million people for Empowerment

A non-governmental organisation, Building Opportunities for Tomorrow (BOT), has projected that 1.4 million people would benefit from its pilot empowerment scheme.

Published in Daily Independent Newspaper on Thursday, 8th April 2014

 

Partnership: Grow Africa Partners Double Investment Plans for Agriculture

 

Investment commitments by partner companies of Grow Africa – a programme established by the World Economic Forum, NEPAD and the African Union to accelerate the transformation of African agriculture – doubled to $7.2 billion in 2013. 

Published in ThisDay Newspaper on Friday, 9th April 2014

 

Award: Alile Awards Scholarship to Students

 

The Hayford Alile Foundation, THAF has awarded scholarships to five undergraduates. The five undergraduates who were awarded N200,000 each were presented with the scholarship at an event held at the University of Lagos.

Published in ThisDay Newspaper on Friday, 9th April 2014

 

Capacity Building: NLNG to train 180 Nigerian Technicians in South Korea

 

Nigeria Liquefied National  Gas Limited (NLNG), through its wholly-owned subsidiary, Bonny Gas Transport Limited (BGT), is facilitating the training of 180 young Nigerian technicians by Hyundai Heavy Industries (HHI) in South Korea.

Published in ThisDay Newspaper on Friday, 9th April 2014

 

Power: Development Partners to inject $2bn into Nigeria’s Power Sector

 

Development partners across the world are to inject about $2 billion into Nigeria‘s power sector in the next few years, the Country Representative of the  United Nations Industrial Development Organisation (UNIDO), Dr. Patrick Kormawa, has disclosed.


Published in ThisDay Newspaper on Friday, 9th April 2014

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