#Award: NCS
Confers Fellowship Award on SGF, 19 Others
Secretary to the Government of
the Federation (SGF), Babachir Lawal, was among the 19 members of the Nigeria
Computer Society (NCS), conferred with the Professional Fellowship Award, at
this year’s National Information Technology Merit Awards (NITMA), organised
annually by the NCS.
Published in
the Thisday Newspaper on Monday, 30th November, 2015
#IndustryPulse:
Abdella Emerges New Regional Director for Microsoft 4Afrika
Microsoft has announced Amrote
Abdella as the new regional director for Microsoft’s 4Afrika Initiative,
effective October 2015.
Published in
the Thisday Newspaper on Monday, 30th November, 2015
#Award: AXA
Mansard Legal Team Wins Award
AXA Mansard Insurance Plc
recently emerged winner of the 2015 ESQ Nigerian Legal awards as its legal team
clinched the Best In-house legal Team Award in the Insurance category.
Published in
the Thisday Newspaper on Monday, 30th November, 2015
#MSMEs: InvestmentOne
VenCap MD Identifies SMEs as Growth Engines
The Managing Director of
Investment One VenCap, the private equity / venture capital subsidiary of
Investment One Financial Services Limited, Dr. Ore Sofekun, has said for
Nigeria to achieve the desired economic growth, there must be a shift from
being a consuming nation to a producing nation.
Published in
the Thisday Newspaper on Monday, 30th November, 2015
#MoU: FAAN,
ACI Sign MoU to Boost Manpower
Airport Council International
(ACI) and the Federal Airports Authority of Nigeria (FAAN) have signed a
Memorandum of Understanding (MoU) for manpower development.
Published in
the Thisday Newspaper on Monday, 30th November, 2015
#Governance:
Firms Urged to Adopt Corporate Governance to avoid Business Failures
A Professor of Corporate Governance,
Pan-Atlantic University (PAU), Fabian Ajogwu, has emphasized the need for
organisations to comply with corporate governance and ethics saying that
failure to do so will lead to business failure with catastrophic consequences.
Published in
the Thisday Newspaper on Monday, 30th November, 2015
#Stakeholder
Action: Protesters Call for Paris Climate Change Action
Hundreds of thousands of people
yesterday marched across the world to demand action to stop climate change,
with a similar protest in Paris being marred by violence.
Published in
the Thisday Newspaper on Monday, 30th November, 2015
#Investment:
Investors stay away from equities over hazy economy
The Nigerian economy is still
hazy and investors remain uncertain where it is heading and this has continued
to reflect on the numbers at the Nigerian Stock Exchange (NSE) where investors
bet on listed stocks are being reduced.
Published in
the Business Day Newspaper on Monday, 30th November, 2015
#Infrastructure:
Nigeria gains big in $328bn infrastructure funding
Nigeria significantly increased
its share of funding from development funding institutions (DFIs) over a five
period to 2014, underlining its economic potential as well as need for
infrastructure, as commodity prices dropped dramatically.
Published in
the Business Day Newspaper on Monday, 30th November, 2015
#Agric #Philanthropy:
Programme Green training 600,000 Nigerian farmers
The Global Programme Green
Innovation Centre for the Agriculture and Food sector, a programme of the German
government in Nigeria is currently embarking on training 600,000 farmers in the
country on modern cropping techniques and competences.
Published in
the Business Day Newspaper on Monday, 30th November, 2015
#Power
#Investment: Abuja Disco invests N3bn legacy projects rehabilitation
Abuja Electricity Distribution
Company (AEDC) at the weekend said its huge investments had brought radical
changes to the distribution of electricity in its franchise area since November
1, 2013, when the Nigerian power sector was handed over to private investors.
Published in
the Business Day Newspaper on Monday, 30th November, 2015
#MoU: Delta
FADE sign MoU on green environment
As parts of efforts to roll back
climate change and protest the environment, Delta State Government yesterday
signed a Memorandum of Understanding (MoU) with a non-governmental
organisation, Fight Against Desert Encroachment (FADE).
Published in
the Daily Sun Newspaper on Tuesday, 1st December, 2015
#Industry
Pulse, Post-trade allocation: NSE, CSCS commence post-trade allocation today
The Nigerian Stock Exchange (NSC)
and Central Securities Clearing System (CSCS) Plc today commence post-trade
allocation service to the operators of the Nigerian capital market especially
the custodians and the stockbrokers to the custodians. This was made know at a
meeting held among market participants in Lagos recently.
Published in
the Daily Sun Newspaper on Tuesday, 1st December, 2015
#Power: Firms
to build refineries in Lagos, Ondo
ODE-AYE Refinery Limited has concluded plan to establish
Greenfield and modular refineries in the country in the next 18 months.
The company’s Director, Prince Bayo Otulana, said in Uyo on
Monday that the refineries would be located in Ondo and Lagos state.
Published in
the Punch Newspaper on Tuesday, 1st December, 2015
#Investment:
Guinness plans investment to expend business
GUINNESS Nigeria Plc, a subsidiary of Diageo Plc, has said it
will continue to strengthen its business through significant investments in
manufacturing processes, local content development, product innovation,
technology and capacity building.
Published in
the Punch Newspaper on Tuesday, 1st December, 2015
#ICT: Indigenous
companies’ll drive ICT growth, says expert
An Information and Communications
Technology expert, Mr. Chijioke Eke, has stated that the future of ICT
development in the country lies squarely on indigenous companies.
Published in
the Punch Newspaper on Tuesday, 1st December, 2015
#ICT: NCC
targets 25% ICT contribution to GDP
THE Nigerian Communications Commission said on Thursday that
it was working to ensure that the Information and Communications Technology sector
contributed more than 25 per cent to the nation’s Gross Domestic Product by
2025.
Published in
the Punch Newspaper on Tuesday, 1st December, 2015
#Infrastructure:
Nigeria seeks $14b to revive Lake Chad, rehabilitate communities
FOLLOWING the dwindling fortunes of the sahel area, Nigeria
has appealed to the G7 and the United States for financial assistance to meet the
high technological expertise and infrastructure needed to revive the Lake Chad.
Published in
the Guardian Newspaper on Wednesday, 2nd December, 2015
#Stakeholder Action: Workers’ protest shuts
BUA’s operations
“We’re committed to employees’ welfare, say firm”
THERE was pandemonium yesterday at the head office of
Nigerian conglomerate, BUA Group, following protest by irate workers, which led
to the shutting down of the company’s activities.
Published in
the Guardian Newspaper on Wednesday, 2nd December, 2015
#Award: IBMN holds honourary awards Dec ll
ALL is set for the Nigerian Brand Directors’ Summit 2015 and
Honorary Fellowship Awards to the members of Institute of Brand Management of
Nigeria (IBMN) who have been exceptional in their businesses.
Published in
the Guardian Newspaper on Wednesday, 2nd December, 2015
#Stakeholder Action: Stakeholders seek bail out for NDDC abandoned projects
DEVELOPMENT partners have urged
the Federal Government to grant bail out fund to the Niger Delta Development
Commission (NDDC) in order to complete its numerous abandoned projects in the
Niger Delta.
Published in
the Guardian Newspaper on Wednesday, 2nd December, 2015
#Power: Lagos power plants attains 85 per cent capacity utilisation
THE operator of Egbin power plant in Lagos State, KEPCO
Energy Resource Limited (KERL), has injected N46 billion in the facility since
it took over in November 2013, pushing the plant’s capacity utilisation to 85
per cent.
Published in
the Guardian Newspaper on Wednesday, 2nd December, 2015
#Power: Tariffs,
market reforms, infrastructure to impact power sector by 2020, says PWC
COST reflective tariffs, market reforms, badly maintained infrastructure,
access to primary energy resources and skills have been identified as major challenges
that are most likely to impact the Nigerian power sector by 2020, according to
Chief Executive Officers (CEOs) of power and utilities companies in the
country.
Published in
the Guardian Newspaper on Wednesday, 2nd December, 2015
#SDGs: Airtel
boss urges concerted efforts to realise SDGs
FOR Nigeria to endure and ensure
the realization of the Sustainable Development Goals (SDGs), there is need for
concerted efforts by government, organisations and authorities to transform our
markets on both how we produce and consume.
Published in
the Guardian Newspaper on Wednesday, 2nd December, 2015
#Power:
Huawei to partner Nigerian manufacturers on reliable power supply
HUAWEI has declared its
willingness to partner with Nigerian Meter manufacturers through technology
exchanges for a healthy industry ecosystem and improve power supply in the
country.
Published in
the Guardian Newspaper on Wednesday, 2nd December, 2015
#Technology:
NeFF pledges sustained fight against e-fraud in 2016
THE Nigeria Electronic Fraud Forum (NeFF) said it will
sustain it fight against electronic fraud (e-fraud) in the country in 2016, by
increasing collaboration and knowledge sharing among members.
Published in
the Guardian Newspaper on Wednesday, 2nd December, 2015
#Energy: NNPC
refineries to supply 30% local fuel requirement Q1 2016
The Federal
Government plans for the local refineries to produce up to 30% percent of the
nation’s requirement for the premium motor spirit, PMS – popularly known as
petrol or gasoline – by the first quarter of 2016, a top refinery official has
said.
Published in
the Guardian Newspaper on Wednesday, 2nd December, 2015
#Power, Electrification: Agency commission
made-in-Nigeria propeller turbines
The National Agency for Science and Engineering
Infrastructure, NASENI, has developed the propeller turbine technology for
local power generation, part of its contribution to rural electrification in
the country.
Published in
the Guardian Newspaper on Wednesday, 2nd December, 2015
#Stakeholder Action: Stakeholder
introduce anti-corruption clause for shipping contracts
THE largest international shipping association, Baltic and
International Maritime Council (BIMCO), has launched an anti-corruption clause
for shipping contracts worldwide.
The association explained that the new clause will give
owners and charterers a contractual platform for cooperative action to resist
demands for illegal payments from port officials and others.
Published in
the Guardian Newspaper on Wednesday, 2nd December, 2015
#Industry: ‘Agribusiness, manufacturing to drive Nigeria’s growth by
2020’
IF the potential of Nigeria’s youth population is properly
harnessed for productivity in the nation’s agribusiness, extractive industries
and manufacturing sectors, the sectors can aid the realisation of the nation’s
projected growth by 2020, latest Forbes report on entrepreneurship has shown.
Published in
the Guardian Newspaper on Wednesday, 2nd December, 2015
#MoU: SON, NAGAFF seal pact on
reduction of sub-standard goods’ import
TO make its 2016 target of 15 per cent decline in sub-standards
goods achievable, the Standards Organisation of Nigeria (SON) and the National
Association of Government Approved Freight Forwarders (NAGAFF) have sealed a
pact to such end.
Published in
the Guardian Newspaper on Wednesday, 2nd December, 2015
#Stakeholders
Action: Workers protest shuts down firm’s office
POLICEMEN were yesterday drafted
in as workers’ protest paralysed operations at the head office of BUA group, a
major corporate player in the country. They were protesting alleged inhumane
treatment and poor organisation.
According to the protesters, the management
has relegated workers’ interest.
Published in
The Nation Newspaper on Wednesday, 2nd December, 2015
#MSMEs: SkySat’s
new products boots SMEs
SKYSAT Nigeria Ltd with support
from Konica Minolta has introduced new sets of printers into the Abuja market that
will increase employment in Nigeria by giving a boost to small Medium
Enterprises (SMEs).
Published in
The Nation Newspaper on Wednesday, 2nd December, 2015
#IndustryPulse:
Premium Pension EDs swap positions
PREMIUM Pension Limited has
announced changes in the executive management cadre of Premium Pension Limited.
A statement signed by its Head, Corporate Communication, Paddy Ezeale stated
that the Executive Director, Operations and Services, Kayode Akande has moved
to the Business Development and Investment Directorate to replace Adamu Musa
Mele who in turn takes over from him at the Operations and Services
Directorate.
Published in The Nation
Newspaper on Wednesday, 2nd December, 2015
Economy: Entrepreneur
call for economic diversification
ENTREPRENEURS have called for the
diversification of the Nigerian economy, especially the development of large
agricultural potential, to aid economic growth and stability.
Published in
The Nation Newspaper on Wednesday, 28th October, 2015
#Economy: 2016
budget will address Nigerians yearnings – Lai Mohammed
The 2016 budget by the federal
government would address the yearnings of Nigerians just as the issue of fuel
scarcity will soon be a thing of the past
Published in
The Daily Trust Newspaper on Thursday, 3rd December, 2015
#ICT: eBanking
experts examine mobile payment, financial inclusion
The Deputy Governor, Operations,
Central Bank of Nigeria, Alhaji Suleiman Barau will lead banking and electronic
payment experts and service providers to examine the prospects and challenges
of using mobile payments to drive financial inclusion at the 5th annual retreat
of the committee of e-Banking Industry Heads (CeBIH).
Published in
The Daily Trust Newspaper on Thursday, 3rd December, 2015
#AgribusinessMou:
IITA Cassava Weed Management Project signs MoU with SON
The cassava Weed Management
Project, which is being managed by the International Institute of Tropical
Agriculture (IITA), has signed a Memorandum of Understanding with the Standard
Organisation of Nigeria (SON), an agency of the federal government.
Published in
The Daily Trust Newspaper on Thursday, 3rd December, 2015
#Agric: First
Bank pledges commitment to grow Nigeria’s food industry
First Bank of Nigeria Limited, a
subsidiary of FBN Holdings PLC has affirmed its commitment to the development
of Nigeria through its support for the development of the agricultural value
chain.
Published in
The Daily Trust Newspaper on Thursday, 3rd December, 2015
#IndustryPulse:
Kachikwu Replaces Diezani As OPEC President
The minister of state for petroleum,
Mr. Ibe Kachiukwu, has replaced Mrs. Diezani Alison-Madueke as the conference
president of the Organisation of Petroleum Exporting Countries (OPEC).
Published in
The Leadership Newspaper on Thursday, 3rd December, 2015
#IndustryPulse:
ITMB MD Listed Among Top Nigerian Executive In Finance, Insurance Industry
The managing director/chief executive
officer, Infinity Trust Mortgage Bank Plc, Mr. Olabanjo Obaleye, has been
listed among the top Nigerian Chief Executives in the Financial Services and
Insurance Industry for the year 2015.
Published in
The Leadership Newspaper on Thursday, 3rd December, 2015
#Power: Huawei
Begins Deployment of Rural Off-Grid Power Projects
As Nigeria’s energy crises
escalates following generation and distribution challenges as well as
increasing demand for electricity, a leading global information and
communications technology (ICT) solutions provider, up efforts to provide
off-grid power to rural communities in the country.
Published in
The Leadership Newspaper on Thursday, 3rd December, 2015
#Energy: Oando
Plans A $350m Gas Plant
Oando is planning a $350 million
gas plant to facilitate integration of the company’s gas production with its
supply business.
Published in
The Leadership Newspaper on Thursday, 3rd December, 2015
#Economy: Reviving
Moribund Industries Is Key To Economy Growth
The progress of a country to some
extents is measured by its industrial development as stakeholders in the
industry has called for the reviving of the moribund industries.
Industry is the soul of a country
and where countries generate their revenue for the sustenance of its polity.
Published in
The Leadership Newspaper on Thursday, 3rd December, 2015
