Philanthropy: Dankwambo Donates To
Gombe Blast Victims
Governor
Ibrahim Hassan Dankwambo of Gombe state has donated two million naira to
victims of Gombe multiple bomb strikes, when he visited those receiving
treatment at federal Teaching Hospital in the state capital at the weekend.
Published in the Guardian Newspaper
Sunday, July 26, 2015
Agribusiness: Nigeria Earns N472bn
From Cocoa, Others
The country
earned a total sum of $2.4bn (N472bn) from the exportation of cocoa, rubber,
and other non-oil commodities within the 2014 fiscal period, figures obtained
from the Nigerian Export Promotion Council have revealed.
Published in the Punch Newspaper
Sunday, July 26, 2015
Industry
Pulse: NIMASA Gets Another Acting DG
Barely four
years after Mr Calistus Obi was appointed as the acting Director General of
Nigerian Maritime Administration and Safety Agency (NIMASA), following the
removal of Dr Patrick Ziakede Akpobolokemi from office by President Muhammadu
Buhari another person has emerged as the acting Director General of the
Government agency. He is Mr haruna Baba Jauro.
Published in the This day Newspaper
Sunday, July 26, 2015
Agribusiness: AAEUN Canvasses
Establishment of Agric Trust Fund
The Sokoto
State Chairman of the Agricultural and Allied Employees Union of Nigeria
(AAEUN), Alhaji Abubakar Malami, yesterday advocated for the establishment of a
special Agricultural Trust Fund in the country.
Published in the This day Newspaper
Sunday, July 26, 2015
Agribusiness: Agribusiness Subsidiary
Invest in Extraction Cup Technology
Transcorp
Plc recently announced that its agribusiness subsidiary Teragro Commodities
Limited has acquired and installed extraction cup technology, which instantly
enables the company to deliver superior quality juice concentrate that meet
international quality standards.
Published in the This day Newspaper
Sunday, July 26, 2015
Power: Transcorp Ughelli Power
Limited Records Significant Progress
Transcorp
Ugheli Power limited, which is the core investor in Ughelli Power Plant,
recently reported significant progress towards realizing its plans to rise up
the generation capacity of the plant from the current installed capacity of 972
megawatts (MW) to2,200MW in the next three years.
Published in the This day Newspaper
Sunday, July 26, 2015
Industry Pulse: Odusile Emerges New
NUJ President
Managing
director of The Nation Newspaper and contestant for the office of president,
Nigeria Union of Journalists (NUJ), Waheed Odusile in the early hours of
yesterday beat five opponents to clinch the office.
Published in the This day Newspaper
Sunday, July 26, 2015
Youth Employment: Graduatepro’s
Audiobook Project To The Rescue Of Job Seekers
Succour has
finally come for millions of unemployed youths in Africa as Graduatepro, an
audacious audiobook project aimed at addressing unemployment among Africa’s
youth population , titled “I’m A Graduate, Now What was last week unveiled in
Lagos.
Published in the Vanguard Newspaper
Sunday, July 26, 2015
Sustainable Initiative: Banks
Increase Provision for Bad Loans in First Half Results
Banks have
increased their provisioning for bad loans for the first half (HI) ended June
30, 2015 as a proactive measure given the headwinds in the banking sector and
economy generally.
Published in the This day Newspaper
Monday, July 27, 2015
Financial Inclusion: Fidelity Bank’s Gross
Earnings Rise to N71.9bn
Fidelity
Bank Plc has announced a 13.6 per cent growth in its gross earnings, which
climed to N71.9 billion in its unaudited half year results for the period ended
June 30, 2015, compared with the N63.3 billion recorded in the comparable
period of 2014.
Published in the This day Newspaper
Monday, July 27, 2015
Industry Pulse: MTN Nigeria’s CMO
Wins Ph.D Fellowship Award
The
Chief Marketing Officer of MTN, Bayo
Adekanbi, has won a global inter-school Ph.D research competition, which is an
initiative driven by the research and development units of several leading
global companies, with a common objective of identifying new ideas that wil
shape the future.
Published in the This day Newspaper
Monday, July 27, 2015
CSR: Etisalat, DigitalSENSE Reward
Essay Competition Winners
Etisalat
Nigeria and DigitalSENSE Africa Media, at the weekend, presented mouth-watering
prizes to three winners of the 2015 edition of the 2015 edition of the Nigeria
DigitalSENSE Student’s Essay Competition.
Published in the This day Newspaper
Monday, July 27, 2015
Industry Pulse: Ecobank Emerges Best
Corporate Bank
Ecobank
Nigeria said it has been named winner of the ‘Best Corporate Bank Nigeria 2015’
award by London-based Global Banking and Finance Review Online Magazine, a banking
and finance performance review platform.
Published in the This day Newspaper
Monday, July 27, 2015
Financial Inclusion: Sterling Bank
Deploys BVN Solutions for Customers
Sterling
Bank Plc said it has successfully deployed an innovative solution to enable
customers who had previously enrolled for their Bank Verification Number (BVN)
with other banks to upload same on its platform via their mobile phones.
Published in the This day Newspaper
Monday, July 27, 2015
Internet Connectivity: Spectranet
Introduces Attractive Offer with Free Gigabytes
Internet
Service Provider (ISP), Spectranet 4G LTE, has announced an attractive offer of
free 30 Gigabytes (GB) for every new modem purchased on the network even as
existing subscribers enjoy rollover of unused data to the next month.
Published in the This day Newspaper
Monday, July 27, 2015
ICT: Courteville Business Solutions
Posts N251 Million Profit
Courteville
Business Solutions Plc, an indigenous provider of information technology,
consulting, and business process outsourcing services, has recorded a revenue
of N822.2 million for the half year ended june 30, 2015, up 1.9 per cent from
N807 million.
Published in the This day Newspaper
Monday, July 27, 2015
Entrepreneurial Opportunities:
Enactus Nigeria Announces 2015 Entrepreneurship National Competition
Enactus
Nigeria has cocluded plans to hold its 2015 entrepreneurship competition for
institutions across the country. The premium universities and polytechnics
entrepreneurship challenge, which will take place on the 11th and 12th
of August 2015, showcases Enactus’ positive contributions to communities in the
country.
Published in the Business day
Newspaper Monday, July 27, 2015
Partnership: CHI Limited,Tetra Pak
Partner To Improve Nutritional Content
With a view
to fighting malnutrition amongst children in Nigeria, CHI Limited is
partnering Tetra Pak to explore opportunities for feasible food and beverage
solutions. The joint initiative will see the two companies develop feasible
solutions for providing healthy nourishment for Nigerian children.
Published in the Business day
Newspaper Monday, July 27, 2015
Youth Employment: NITDA, CBN to
generate 1.2 million jobs through ICT
On going
efforts by Federal Government to reduce the spate of unemployment in the
country gained a boost as National information Technology Development Agency
(NITDA) unveiled plans to generate 1.2 million jobs via Information
Communication Technology (ICT).
Published in the Business day
Newspaper Monday, July 27, 2015
Industry Pulse: Unity Bank board
repositions lender for growth as MD resigns
The Board of
directors of unity Bank is repositioning the bank as a major institution to
underpin Nigeria’s growth, even as its managing director resigned, this
weekend.
Published in the Business day
Newspaper Monday, July 27, 2015
Agribusiness: FG partners AGRA, NABG
on improved policies for Agribusiness
In the bid
to fix the agricultural value chains through public-private investments,
Federal Government has launched a Micro Reform for Africa Agribusiness (MIRA)
in Nigeria. The initiative which is to be implemented by federal ministry of
Agriculture and Rural Development in Partnership with Alliance for a green
Revolution in Africa (AGRA) and Nigeria Agribusiness Group (NABG) was aimed at
helping micro farmers.
Published in the Business day
Newspaper Monday, July 27, 2015
SMEs: SMEs Can Gain More From
Corporate Governance
Among
numerous factors that cause the failure of most small and medium-sized
enterprises is the lack of internal control mechanism to help mitigate risks.
Business consultants note that because owner-managers want to have sole control
over the business, they often use non-active board members when registering
their limited liability companies with the corporate Affairs commission.
Published in the Punch Newspaper
Tuesday, July 28, 2015
Health: SEC to support kidney
foundation
The
Securities and Exchange Commission has pledged its support to efforts to raise
funds for the treatment of kidney-related ailments and transplants. The
commission pledged its support to the cause when a group, the Julie Donli
Kidney Foundation, visited it, a statement from the group said.
Published in the Punch Newspaper
Tuesday, July 28, 2015
Industry Pulse: NSE emerges top
African regulator
The Nigerian
Stock Exchange has been named the African Regulator of The Year at the 6th
African Business Leadership forum and Awards, the Exchange said on Monday.
Published in the Punch Newspaper
Tuesday, July 28, 2015
Partnership: IT firms, banks
collaborate to curb e-payment fraud
The Central
bank of Nigeria, some commercial banks and Information Technology security
firms, including Winigroup Limited, are currently exploring ways to jointly
curb the menace of e-payment fraud.
Published in the Punch Newspaper
Tuesday, July 28, 2015
Health: NGO conducts free medical
tests in warri
No fewer
than 1000 persons in warri,in warri south Local Government Area of Delta State,
benefited from the recent free medical tests, conducted by a Non-Governmental
Organization (NGO), Respite and support for Diabetics and Hypertensive
Initiative. The beneficiaries were tested for diabetes and High blood Pressure
(HBP).
Published in the Daily Sun Newspaper
Tuesday, July 28, 2015
Youth Employment: Yudala to create
over 150 jobs, 500 offline retail stores
The Group
Chairman of Zinox Technologies, Mr Leo Stan Ekeh has said that the newly
established composite retail chain plans to employ over 150 Nigerians as well
as establish 500 stores across major cities and 36 state capitals in the next
four years to raise the ante of technology diffusion among all age brackets in
Nigeria.
Published in the Daily Sun Newspaper
Tuesday, July 28, 2015
Financial Inclusion: 18m bank
customers enrol on BVN platform- NIBSS
The Nigerian
Inter Bank Settlement System (NIBSS) has disclosed that over 18 million
customers have so far enrolled fir the Biometric Verification Number (BVN)
exercise. The Managing Director/Chief Executive Officer of NIBSS, Ade Shonubi,
stated this during an interactive session with journalists at the weekend.
Published in the Daily Sun Newspaper
Tuesday, July 28, 2015
Industry Pulse: Unity Bank GMD,
Semenitari forced to resign
The Group
Managing Director of the Unity Bank, Henry James Semenitari, has resigned his
appointment, as the board concluded plans to reposition the institution for
further growth. Information reaching Daily sun disclosed that the former CEO
was forced to go on leave to pave way
for the board to verify some allegations against him over his expensive
lifestyle.
Published in the Daily Sun Newspaper
Tuesday, July 28, 2015
SMEs: Keeping Economy’s Engine
Running
Banks
product development and risk management units are becoming more creative on how
they fund Small and Medium Enterprises (SMEs). The banks, which have the
backing of the central Bank of Nigeria (CBN), are thinking outside the box on
their approaches to SMEs financing.
Published
in The Nation Newspaper Wednesday, July 29, 2015
Industry Pulse: NSE Wins African
Regulatory Of The Year Award
The Nigerian stock Exchange (NSE) has been named the African
Regulatory of the Year at the 6th African Business Leadership Forum
& Awards which took place in London, United Kingdom (UK).
Published in The Nation
Newspaper Wednesday, July 29, 2015
Investment: Pencom
Canvasses Investment Of Pension Fund Within Africa
The National Pension Commission (PenCom) is committed to the
vision and ideals of the AU Agenda 2063 to promote the investment of
accumulated pension fund assets of over N4.7 trillion within the African
continent, Director-General of the commission, Mrs. Chinelo Anohu-Amazu, has
said.
Published in The Nation
Newspaper Wednesday, July 29, 2015
Empowerment: Kwara
Disburses N1.2b to MSMEs
Kwara State
has disbursed over N1.2b to traders, farmers, as well as artisans inder its
empowerment programme, the Governor, Dr Abdulfatah Ahmed, has said. Ahmed who
stated this at the opening of Brightway Microfinance Bank at Ilorin, said the
money was disbursed through 10 Microfinance Banks across the state.
Published in The Nation Newspaper
Wednesday, July 29, 2015
Industry Pulse: Skye Bank Emerges
‘Most Supportive Bank of the Year’
Skye Bank
Plc has been named the most supportive Bank in Nigeria by Owena Press Limited,
Publishers of the Ondo State owned newspaper, The Hope. The lender won the
award during the 2015 Hope Newspaper Award of Excellence held at Blissworld
Hotel, Ijapo Estate, Akure, the ondo state capital at the weekend.
Published in The Nation Newspaper
Wednesday, July 29, 2015
Health: Why eating red meat can cause
bowel cancer
Scientists
believe they may have discovered why eating red meat is linked to higher
chances of bowel cancer. The pigment that gives a steak or mince its
distinctive red colour is to blame, they suggest.
Published in the Guardian Newspaper
Wednesday, July 29, 2015
Health: Premature birth associated with
introversion in adulthood
People who
are born very prematurely or with very low birth weight are at an increased
risk of being introverted, neurotic and averse to taking risks as adults,
according to the findings of a new study.
Published in the Guardian Newspaper
Wednesday, July 29, 2015
ICT: IBM commits $100m to big data
technologies for economic growth
Increased
investments in relevant new technologies like mobile, cloud and big data analytic that offer advance solutions and services are essential for Nigerian
and other West African countries socio economic development.
Published in the Guardian Newspaper
Wednesday, July 29, 2015
Energy: Techno to build N3b gas
cylinder manufacturing plant in Lagos
Techno oil
limited has unfolded plans to build a N3 billion gas cylinder manufacturing
plant in lekki area of Lagos State, to ensure full gas utilization in the
country.
Published in the Guardian Newspaper
Wednesday, July 29, 2015
Investment: Chinese firm to invest
$12bn in transmission projects in Nigeria
A Chinese
company, State Grid Corporation of China, SGCC, has committed to funding up to
$12 billion in electricity transmission projects that will be built for the
Transmission Company of Nigeria, TCN), through the Niger Delta Power Holding
Company, NDPHC, Limited in the phase two of the National integrated power
Projects.
Published in the Guardian Newspaper
Wednesday, July 29, 2015
Industry Pulse: Jauro takes over as
NIMASA DG
After the
drama which saw barrister Calistus Obi briefly acting as Director General of
the Nigerian Maritime Administration and Safety Agency, NIMASA, the Federal
Government has appointed Mr. Haruna Baba Jauro to take over the position in
acting capacity.
Published in the Guardian Newspaper
Wednesday, July 29, 2015
Fiscal Sustainability: Fidelity Bank
grows assets, gross earnings in six months
Fidelity
Bank Plc has grown its asset base by N1.19 trillion from N1.18 trillion
recorded at the end of the financial year ended December 2014.
Published in the Guardian Newspaper
Wednesday, July 29, 2015
SMEs: Unity bank unveils plan to
scale up SME, Agric’s contributions
Unity Bank
Plc said the resignation of its Managing Director and Chief Executive Officer,
Henry James Semenitari, may have opened up new opportunities for it to review
and scale up its economic contributions to the country.
Published in the Guardian Newspaper
Wednesday, July 29, 2015
Industry Pulse: ISO certifies BOI’s
operations, quality management systems
In
recognition of its operational efficiency and improved customer relations in
Nigeria, the International Organisation for Standardisation (ISO) has certified
the Bank of Industry’s processes with the ISO 9001:2008 quality management
systems certification.
Published in the Guardian Newspaper
Wednesday, July 29, 2015
Infrastructural development: Nike
roads in Enugu for rehabilitation
Rehabilitation
of about five kilometers of major roads in Nike, Enugu East Local Council of
Enugu State is expected to start next month.
Published in the Guardian Newspaper
Wednesday, July 29, 2015
Agribusiness: Cocoa farmers
associations distributes chemicals to boost production
In its bid
to match up with cocoa growing states in Nigeria, the Cocoa Association of
Nigeria, Osun state chapter has commenced the distribution of chemicals to
boost cocoa production millions of Naira across the state.
Published in the Guardian Newspaper
Wednesday, July 29, 2015
Energy: USTDA Partners Firm on $160m
Solar Power Project in Kaduna
During
Presidents Muhammadu Buhari’s visit to the United States recently, the United
States (US) Trade and Development Agency provided a grant to Quaint Global
Energy Solutions for a $160 million solar power project being developed in
Kaduna.
Published in the Daily Independent
Newspaper Thursday, July 30, 2015
Health: First Malaria Vaccine Out
After Decades Of Trial
The First
Malaria vaccine has received the green light from European regulators, opening
the door for vaccination campaigns in Africa.
Published in the Daily Independent
Newspaper Thursday, July 30, 2015
Petroleum: Port Harcourt, Warri
Refineries Commence Preliminary Production
The
Management of the Nigerian National Petroleum Corporation (NNPC) has announced
that the Port Harcourt and Warri refineries have been successfully re-streamed
after a nine-month phased rehabilitation exercise conducted by its in-house
engineers and technicians.
Published in the Daily Independent
Newspaper Thursday, July 30, 2015
Energy: Power Generation Hits 4,662 mw
Transmission
Company of Nigeria (TCN), Wednesday, disclosed that power generation has again
attained a new peak of 4662 megawatts (MW). The new transmission peak is about
6mw different from its last record of 4,656mw attained 13days ago.
Published in the Daily Independent
Newspaper Thursday, July 30, 2015
Industry Pulse: Lagos NBA elects new
officers
The Nigerian
Bar Association NBA, Lagos branch, has elected new officials to run the affairs
of the branch for the next two years in which the chairman emerged unopposed
for the first time in the history of the association.
Published in the Vanguard Newspaper
Thursday, July 30, 2015
SMEs Empowerment: Churches Empowers
SMEs in Lagos
The
Fragrance of grace International Ministry has expressed its commitment to
empowering Small Medium Scale Enterprise (SMEs) in Lagos State through its
business advantage series monthly business seminar.
Published in the Vanguard Newspaper
Friday, July 31, 2015
ICT: NIMET Improves Weather
Information Dissemination with e-SRP
The Nigeria
Meteorological Agency (NiMet) has developed a mobile application to communicate
its sensational Rainfall Prediction (SRP) to the public at all levels.
Published in the Vanguard Newspaper
Friday, July 31, 2015
Industry Pulse: Nigerian Breweries Flags
off 7th Golden Pens Award
Nigerian
Breweries Plc has announced plans for the 7th edition of its Golden
Pen Awards. Informing the media of the plans for the 7th edition of
the award , the company’s Corporate Affairs Adviser, Kufre Ekanem said this year’s
award would retain same mechanisms used last year.
Published in the Vanguard Newspaper
Friday, July 31, 2015
Financial Inclusion: FCMB Group Plc
Posts N9.6bn Profit before Tax in six Months
FCMB Group
Plc has recorded a growth of 11 percent in revenue for the half year ended June
30, 2015 and ended with a profit before tax (PBT) of N9.6 billion. FCMB
recorded revenue of N77.4 billion in 2015, while its total assets growing 15
percent to N1.22 trillion.
Published in the Vanguard Newspaper
Friday, July 31, 2015
Industry Pulse: Oyebode Retires as
Access Bank’s Chairman
Access Bank
Plc yesterday announced the retirement of Mr Gbenga Oyebode, as a director and
chairman of the bank. The bank also appointed Mrs Mosun Belo Olusoga as his
successor with effect from July 30, 2015.
Published in the Vanguard Newspaper
Friday, July 31, 2015
Conference: Vibe Web, CommsWeek set
for Blogging/Social Media Marketing Conference
Vibe Web
Solutions, (http://vibesolutions.com/) a firm that delivers a full scale
marketing solution based on the goals that matter to clients most, and
CommunicationsWeek online/offline (http:nigeriacommunicationsweek.com.ng/), are
organizing a blogging/social media marketing conference to aid individuals make
best use of their platforms.
Published in the Guardian Newspaper
Friday, July 31, 2015
Employment Opportunities: Microsoft
Vows to Create 100,000 Job Opportunities by Year End
Microsoft is
aiming to create over 100,000 job opportunities and reach over seven million
people across the Middle East and Africa by the end of the year through its Employ-ability Platforms, in partnership with organisations from public and
private sectors, as well as NGOs.
Published in the Guardian Newspaper
Friday, July 31, 2015
