Friday 13 February 2015

CSR News Summary Issue 100

Renewable Energy - How Realistic Is Nigeria's Vision?

Nigeria has set out an ambitious project to have energy sufficiency by tapping renewable energy in villages across its 36 states. Africa's largest oil producer is grappling with a serious energy crisis.
Published in ThisDay Newspaper on Monday, 9th February, 2015

Power: Local firms to provide one million meters

Indigenous manufacturers of electricity meters will provide one million units of the product for power consumers across the country, the Federal Government has said.
Published in ThisDay Newspaper on Monday, 9th February, 2015

Power: Discos Embrace Embedded Generation to meet Electricity Demands

In a bid to redeem their battered image, electricity distribution companies (DISCOs) have embraced embedded generation as an additional means of power supply.
Published in ThisDay Newspaper on Monday, 9th February, 2015

Agriculture: FG Reiterates Commitment to Ban Fertiliser Importation


The Minister of National Planning Commission (NPC), Dr. Abubakar Sulaiman, has said the federal government will soon introduce a policy that will ensure that products, which the country has comparative advantage to produce, particularly fertiliser, are not imported into the country.
Published in The Punch Newspaper on Tuesday, 10th February, 2015

Infrastructure: FG Begins Moves to Privatize Transport Sector


Moves to begin the privatisation of the transport sector of the economy have started with the initiation of the relevant bills that will shape the sector.
Published in The Punch Newspaper on Tuesday, 10th February, 2015

Oil: Oil prices threaten investments in Nigeria’s upstream sector

The lull in global oil market characterised by increased output and low crude oil prices has started to discourage crude oil exploration in Nigeria and other parts of the world.
Published in The Punch Newspaper on Tuesday, 10th February, 2015

Oil: Exploration stalls in Africa as Oil Price Declines

The dash for resources that saw explorers invest billions of dollars to tap promising oil fields from Ghana on the West Coast to Tanzania on the East is stalling as the global drop in crude prices pushes drillers to reconsider the high costs of exploration on the continent.
Published in The Punch Newspaper on Tuesday, 10th February, 2015

Industry Pulse: NESG Director chairs APCON

Speaking on his appointment, Ufot said he felt honoured with the opportunity to serve as the new APCON chairman.
Published in The Nation Newspaper on Wednesday, 11th February, 2015

Power: Transition Electricity Market takes off

The Nigerian Electricity Supply Industry (NESI) on February 1, 2015 attained the much awaited Transition Stage Electricity Market (TEM), whereby wholesale buying and selling of electricity is based on contractual and regulatory rules.
Published in The Nation Newspaper on Wednesday, 11th February, 2015

Power: NERC to unveil new rules in Power Sector

The Nigerian Electricity Regulatory Commission (NERC) has issued a new order directing all electricity market participants on the take-off of the Transitional Stage of the Electricity Market (TEM).
Published in The Nation Newspaper on Wednesday, 11th February, 2015


Partnership: BoI partners NASENI on SMEs’ Technological Development

The Bank of Industry (BoI) has said it was ready to provide fund to support any small and medium enterprise operator wishing to adopt technological innovations produced by the National Agency for Science Engineering Infrastructure (NASENI).
Published in The Daily Independent Newspaper on Thursday, 12th February, 2015

SMEs Development: FG reiterates commitment to SMEs Development

President Goodluck Jonathan has reiterated his administration’s commitment to the development of small and Medium Enterprises in the country.

The President said the sub-sector has the potential to create jobs for the teeming unemployed youths.
Published in The Daily Independent Newspaper on Thursday, 12th February, 2015

Award: British Council Enterprise competition winners emerge


The British Council in partnership with Virgin Atlantic Airways and Zenith Bank in 2014 launched the maiden edition of its online competition tagged: “Enterprise challenge.” 
Published in The Guardian Newspaper on Thursday, 12th February, 2015

Education: School support seminar holds in Lagos


The seventh edition of the African education show, Total School Support Seminar and Exhibition (TOSSE) is expected to bring over 7, 000 education professionals from various parts of Africa together.
Published in ThisDay Newspaper on Friday, 13rd February, 2015

Industry Pulse: Ogbechie is Diamond Bank’s New Chairman

Diamond Bank Plc, on Wednesday announced the appointment of Dr. Chris Ogbechie as the new Chairman of the Board of Directors following the retirement of Igwe Ugochukwu Nnaemeka Achebe who has led the Board since January 1, 2007.
Published in ThisDay Newspaper on Friday, 13th February, 2015

Health: Health sector strike worsened cancer situation –Oncologist


Nigeria joined the rest of the world to mark the World Cancer Day last week, amidst astonishing report that 240 people die each day from the scourge. 
Published in ThisDay Newspaper on Friday, 13th February, 2015


Four power firms which were granted embedded generation licences now contribute additional 273 megawatts to improve power supply in some parts of the country. 
Published in ThisDay Newspaper on Friday, 13th February, 2015


The amount of domestic investment on the Nigerian Stock Exchange has recorded a decline of N2.4tn or 68.5 per cent in the last seven years. 
Published in ThisDay Newspaper on Friday, 13th February, 2015