Investment:
Dangote Group Pledges to Invest $2.3bn in Northern Nigeria
The Dangote Group yesterday pledged to invest
$2.3 billion in sugar-cane and rice production in the Northern part of the
country by 2017.
Published
in ThisDay Newspaper on Sunday, 11th May 2014
Agriculture:
Plunder of Timber and Fisheries is Holding Africa Back
Africa’s rich natural resources offer a unique
opportunity for a breakthrough in improving the lives of Africa’s citizens,
says a major new report launched today by Kofi Annan, the former UN
Secretary-General, but too often these resources are plundered by corrupt
officials and foreign investors. Rising inequality is also blocking Africa from
seizing that opportunity, the report shows.
Published
in ThisDay Newspaper on Sunday, 11th May 2014
Investments: FG Upgrades Olam Farms to Staple Crop Processing Zone
Olam Farms located in Nasarawa State has been
upgraded to a Staple Crop Processing Zone (SCPZ) bringing the number of such
zones in the country to 15.
The SCPZs currently being established across the
country, are expected to process the raw produce produced by farmers into
finished foods and other economic products.
Published in The Guardian Newspaper on Sunday, 11th May
2014
Partnership:
FIIRO, NAFRC Consolidate Partnership on Skill Acquisition
The Commandant, Nigerian
Armed Forces Resettlement Centre,
Oshodi, Lagos, Air Vice Marshal (AVM) Monday Rikku Morgan has commended the
efforts of FIIRO in adding value to cassava and the production of cassava bread
for consumers in the society.
Published in The Guardian Newspaper on Sunday, 11th 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, 12th 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, 12th 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, 12th 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, 12th May 2014
Industry
Pulse: CWG named WEF global growth Company
CWG Plc, a Pan African systems integration
company, has been selected as a World Economic Forum global growth company.
CWG was selected for this recognition based on
the company’s phenomenal growth, global corporate citizenship, executive
leadership and impact on the competitive landscape of the ICT industry in
Africa, according to a statement by the firm on Monday.
Published in DailySun Newspaper on Tuesday, 13th May 2014
Environment:
Lagos community battles telecom firm
Greenfield Community Development Association
located along Ago Palace Road, Okota in Lagos State, has decried out over the
degradation of its environment by a telecommunications firm having on the
environment.
Published in DailySun Newspaper on Tuesday, 13th May 2014
Industry
Pulse: OneCard wins award for ICT development excellence
The innovative fast moving consumer goods
company has won an award for ICT Development Excellence for its innovative and
quality products.
Published in DailySun Newspaper on Tuesday, 13th May 2014
Empowerment:
Senate leader empowers 120 youths
The Senate Leader, Victor Ndoma-Egba , SAN, has sponsored 120
youths from the Central Senatorial District of Cross River State for a six-week
entrepreneurial and business skill training at the Central Bank of Nigeria
(CBN), Entrepreneurial Development Centre in Calabar.
Published in DailySun Newspaper on Tuesday, 13th May 2014
Industry Pulse: Toyota Nigeria Names Kunle Ade-Ojo New MD
Toyota Nigeria Limited (TNL) has
appointed Kunle Ade-Ojo, formerly an Executive Director, as its new Managing
Director, replacing Chandrasheker K. Thampy, who has steps aside to take on an
advisory role within the firm.
Published in DailySun Newspaper on Tuesday, 13th May 2014
Training:
CNN Journalist to hold training in Lagos
Emmy Award-winning veteran CNN correspondent and
communication strategist, Gina London, will from June 15 to July 18 in Lagos
give training sessions for organisations with high-level communication needs
across various industries.
Published in The Nation Newspaper on Wednesday, 14th May
2014
Investment:
Blumberg plans $250m investment in Agriculture
The Minister of Agriculture and
Rural Development, Akinwumi Adesina, yesterday said, Blumberg has concluded
plans to invest $250 million in the Agricultural sector in other to establish
one of its processing plants in Nigeria.
Published in The Nation Newspaper on Wednesday, 14th May
2014
Energy:
GE partners Century Power to deliver 1,500Mw
General Electric (GE) has entered
into partnership with Century Power- a leading independent power producer, to
build a 1,500 megawatt gas-fired power plant in Okija, Anambra state. The
project is expected to be completed in phases with the first phase delivering
500 megawatts by 2017
Published in The Nation Newspaper on Wednesday, 14th May
2014
Training:
217 get free Vocational Training
The Centre for Vocational
Empowerment and Development (CVED), Ipaja, Lagos has empowered 217 youths and
women with skills.
Published in The Nation Newspaper on Wednesday, 14th May
2014
Investment: World Economic Forum on Africa attracts $68bn investments,
says Organiser
The just concluded World Economic Forum (WEF) on
Africa has attracted over 68 billion dollars (about N12.9 trillion) in
investment to the African continent, Dr Philipp Rosler, the Managing
Director of the Forum, said. Rosler disclosed this in a closing remarks on
Friday in Abuja.
Published in BusinessDay Newspaper on Wednesday, 14th May
2014
Report:
Nigeria, one of the worst places for mother, child
Nigeria has been ranked as one of
the worst countries for mothers and children to live in by the Save the
Children’s annual Mothers’ Index.
Published in BusinessDay Newspaper on Wednesday, 14th May
2014
Labour:
Nigeria, others to benefit from $97m digital job seed fund
Rocketfeller Foundation is to
spend $97 million in the provision of digital jobs aimed at impacting one million
lives in six African countries including Nigeria
Published in The Guardian Newspaper on Wednesday, 14th May
2014
Partnership: Mikano, Schneider sign partnership deal on Power
Schneider Electric, the global specialist
in energy management, and Mikano International Limited have signed a memorandum
of understanding (MoU) on electrical distribution.
The agreement covers the sale and
distribution of Schneider Electric’s low voltage products and equipments in
electrical distribution in order to enhance the accessibility of these products
to Nigerians and support local companies.
Published in The Guardian Newspaper on Wednesday, 14th May
2014
Energy: Standard Chartered, others commit $750m to Power Plant
Standard Chartered
Bank Nigeria is leading other banks as the Global Mandated Lead Arranger to
mobilise financing for the $750 million Azura-Edo Power Project, a transaction
that brings high hopes, especially in creating a template for other similarly
financed Independent Power Plants (IPPs) in the country.
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, 15th 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, 15th
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, 15th
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, 15th
April 2014
Business
Expansion: Axis Communications Confirms Expansion Bid in Africa
The local subsidiary of global surveillance company,
Axis Communications, has confirmed its intentions of expanding its reach into
Africa.
Published in ThisDay Newspaper on Friday, 16th May 2014
Tourism:
Nigeria tops the Gambian Master plan for Tourism Development
Government of the Republic of The Gambia has identified
Nigeria as a viable partner to grow its tourism sector. It said the tourism
sector with 16% contribution to the GDP is the second largest contributor to
its economy after agriculture and there is need to leverage other economies for
growth.
Published
in ThisDay Newspaper on Friday, 16th May 2014
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