Renewable
Energy: Investing Renewable Energy, Research, Green Technology, FG Urged
The Federal government has been advised to focus on
investment in renewable energy research, green technology, subsidies and zero
tariffs to promote non-grid clean energy systems. Executive Director,
Environmental Rights Action/Friends of the Earth (ERA/FoEN) Dr Godwin Uyi Ojo
gave the advice this weekend in benin city at the 5th Renewable
Energy Workshop.
Published in the This
Day Newspaper Sunday July 12, 2015
Health: Polio Free
Zamfara Wins One Million US Dollars
Zamfara State has won a total sum of one million dollars from
Bill Gates and Dangote foundation for being polio free state in 2013 and 2014
respectively. Meanwhile, a 19 member state routine immunization working group
committee has been inaugurated by the State Ministry of Health to ensure full
coordination and effective implementation of routine immunization activities In
the state.
Published in the
Guardian Newspaper Sunday July 12, 2015
ICT: We Will Train
20,000 African Youths In Software Code- SAP President,EMEA
Frank Cohen is the President of SAP for Europe, Middle East
and Africa. He was in Nigeria recently to evangelize potentials of SAP African
Code Week aimed to train kids on software coding. According to him, SAP in the
initiative will train 20,000 youths across eleven countries in Africa by the
end of the programme.
Published in the
Vanguard Newspaper Sunday July 12, 2015
Community
Empowerment: AIRTEL, UNICEF Partner To Empower Nigerian Communities
Airtel Nigeria and United Nations Children Education Fund,
UNICEF have entered an agreement to expand their collaboration across all 36
states and FCT in Nigeria. The partnership will increase access to social
change related information and provide opportunities for participation whilst
pushing forward U-Report, an innovative project supported by UNICEF.
Published in the
Vanguard Newspaper Sunday July 12, 2015
ICT: West African
Central Banks Embrace New Monetary Policy Management Techniques
Participants from central banks and finance ministries within
the West African sub-region have been trained on modern skills needed to
analyse macroeconomic models for effective management of monetary and fiscal
policies to enhance greater productivity in the region. The participants who
came from Nigeria, Ghana, Gambia, Sierra Leone and Liberia were also trained on
computer applications in accounting, auditing and financial management.
Published in the Vanguard Newspaper Sunday July 12, 2015
Capacity
Development: Shell facilitates skill acquisition, capacity development between
Nigerian, British firms
As part of efforts to boost local content drive, skills
acquisition and capacity development of Nigerian companies in the Nigerian oil
and gas industry, Shell Nigeria Exploration and Production has facilitated
series of partnership among Nigerian and British firms.
Published in the Business Day Newspaper Monday July 13, 2015
Internet
Connectivity: MainOne To Raise $300 Million For West African Expansion
MainOne cable company which operates an undersea cable
connecting west Africa, plans to raise
$300 million to expand internet services and connectivity in Nigeria and the
wider region.
Published in the Business Day Newspaper Monday July 13, 2015
Power: AFC To
Co-Develop The US$ 120 Million Singrobo Hydro Power Plant In Cóte D’ivoire
Africa Finance Corporation (AFC), a leading investment grade
rated multilateral development finance institution and project developer,
announced the signing of a joint development agreement with Ivoire Hydro Energy
SA (IHE), an Ivorian project company, for the development of the 44MW Singrobo
hydroelectric power plant (Singrobo) in Cóte d Ivoire.
Published in the
Business Day Newspaper Monday July 13, 2015
Industry Pulse: PwC
Named World’s Second Most Attractive Employer For Business Students
PwC has been ranked as the world’s second most attractive
employer for business students in universum’s
Annual World’s Most Attractive Employer ranking – second only to Google.
Published in the
Business Day Newspaper Monday July 13, 2015
SMEs: VConnect
launches new online marketplace solutions for SMEs
Determined to grow the business of small and medium scale
enterprises (SMEs), which occupies a critical part of the nation’s economy,
VConnect, an online business directory and local search engine, has perfected
plans to equip SMEs with innovative online marketplace solutions that would aid
long-term growth.
Published in the
Business Day Newspaper Monday July 13, 2015
Industry Pulse: EY
Nigeria Strengthens Capacity, Admits 4 New Partners, ED
EY Nigeria, a global leader in Assurance, Tax, Transaction
and Advisory services, has announced the admission of four partners and
Executive Director. The admission takes place from July 1, 2015.
Published in the
Business Day Newspaper Monday July 13, 2015
Entrepreneurial
Opportunities: Networking Opportunity For Entrepreneurs
Sterling Business Network (SBN) has provided an opportunity
for Nigerian entrepreneurs to grow through networking, having set up offices in
Port-Harcourt and Lagos.
Published in the
Business Day Newspaper Monday July 13, 2015
IOSCO Out Report
With Report On SME Financing Through Capital Markets
The Board of the international organization of securities
commissions (IOSCO) yesterday published the report on SME Financing through
Capital markets, which provides recommendations for regulators to facilitate
capital raising by small and medium sized enterprises (SMEs) in emerging
markets.
Published in the
Business Day Newspaper Monday July 13, 2015
Youth Empowerment:
ITF Kicks Off 2m Annual Jobs Scheme For Nigerian Youths
The industrial Training fund has finalised a structure that
will provide 2 million jobs for Nigerian youths annually through its skills
acquisition and employment creation programme. Juliet Chukkas-Onaeko , director
general, ITF, disclosed this weekend, saying the fund planned to achieve the
feat by collaborating with the Nigerian Employers Consultative Association.
Published in the
Business Day Newspaper Monday July 13, 2015
Entrepreneurial
Opportunities: Osibanjo, Elumelu, Zinsou, Urge Entrepreneurs To Explore
Capacity To Develop Capacity To Develop Africa
Business and political
leaders across Africa have urged the continent’s entrepreneurs to harness self
and continental potential to haul Africa out of Poverty and Underdevelopment.
These leaders gave the advice at the Tony Elumelu Entrepreneurship programme
(TEEP) boot camp 2015, which held weekend at Covenant University, Otta Ogun
state.
Published in the
Business Day Newspaper Monday July 13, 2015
Entrepreneurial
Opportunities: Elumelu Organises Bootcamp For 1,000 Emerging African
Entrepreneurs
As part of Tony Elumelu foundation’s (TEF’s) $100 million
commitment to empower African entrepreneurs, the 1,000 emerging entrepreneurs
that had earlier been selected under the Tony Elumelu Entrepreneurship
Programme (TEEP) Class of 2015, converged in Sango ota, Ogun State, for a
two-day boot camp session.
Published in the This
Day Newspaper Monday July 13, 2015
MSMEs: Financing Gap
for Small Business Hits N9.6trn
Efforts by the administration of President Muhammadu Buhari
to create jobs via the micro, small and medium-scale enterprises (MSMEs) may
not materialise as the financing gap for small business has reached an all-
time high of N9.6 trillion.
Published in the This
Day Newspaper Monday July 13, 2015
Industry Pulse:
Ayade, Okowa Inaugurate Fynefield’s N3bn Oil depot in Calabar
Cross River State Governor, Prof Ben Ayade and his Delta
State counterpart, Dr ifeanyi okowa, have inaugurated Fynefield petroleum FZE’s
ultra-modern 40 million-litre capacity petroleum product depot at the calabar
Free Trade Zone (FTZ) in Cross-River State.
Published in the This
Day Newspaper Monday July 13, 2015
Partnership: VDT,
ATCON to sponsor Internet protocol Workshop
VDT Communications, Winner of the 2015 Broadband Company of
the Year Award, is collaborating with the Association of Telecoms Companies of
Nigeria (ATCON), to sponsor this year’s internet protocol version 6 (IPv6)
workshop, which begins this week in Lagos.
Published in the This
Day Newspaper Monday July 13, 2015
Industry Pulse:
NAICOM Confirms Samuel As NICON MD
The National Insurance Commission (NAICOM), has confirmed the
appointment of Mr. Bayode Samuel as the Managing Director/Chief Executive
Officer of NICON Insurance Limited.
Published in the This
Day Newspaper Monday July 13, 2015
Industry Pulse:
WAUTI Elects Somorin as First Female President
The West African Union of Tax Institutes (WAUTI) has elected
Dr. Olateju Somorin as its first female president since its formation of the
group in 2011. The WAUTI is an association of national tax professionals within
the ECOWAS sub-region.
Published in the This
Day Newspaper Monday July 13, 2015
Industry Pulse:
Adelegan Emerges NBCC President
The Nigerian-British Chamber of Commerce (NBCC) has elected
Dapo Adelegan as its new president.
Published in the This
Day Newspaper Monday July 13, 2015
Award: GTBank Bags
Euromoney Award
Guaranty Trust Bank Plc (GTBank) said it once more reaffirmed
its position as one of the leading global brand with its recognition as the
‘Best Bank in Nigeria’ during the 2015 Euromoney awards held in London.
Published in the This
Day Newspaper Monday July 13, 2015
ICT: Visa Unveils
Emerging Transaction Technology Innovations
VISA, one of the world’s foremost global payment technology
and brand evaluation companies has said it is unveiling more transaction
innovations to improve its payment technology services to its customers.
Published in the This
Day Newspaper Monday July 13, 2015
CSR: Skye Bank
Donates Bus, Computers to ile-Oluji Polytechnic
In furtherance of its Corporate Social Responsibility, Skye
Bank has donated a 15-seater Toyota Hiace Bus and 25 branded HP Computer Work
Stations to the newly established Federal Polytechnic, Ile-Oluji, Ondo State.
Published in the This
Day Newspaper Monday July 13, 2015
Agribusiness:
Sterling Bank Finances N50m Tractor Purchases
Sterling Bank Plc has said
it recently financed the purchase of tractors for members of the tractors
owners and hiring facilities association of Nigeria (TOHFAN). The cost of the
tractors was put at N50 million.
Published in the This
Day Newspaper Monday July 13, 2015
Entrepreneurial
Opportunities: EY Seeks to Develop West Africa’s Entrepreneurs
EY (Ernest & Young), a global professional services firm,
has called for entrepreneurs in west Africa to step forward and compete for its
Entrepreneur of the year Award.
Published in the This
Day Newspaper Monday July 13, 2015
Financial Inclusion:
Access Bank Launches Multi-Channel Payment Solution
Access Bank Plc has introduced a new multi banking payment
solution called pay with capture. According to a statement by the bank, Pay
with Capture is a mobile payment solution that permits customers to make
payments by scanning a merchant’s pre-generated quick response-code using the
camera of their mobile device or other devices.
Published in the Punch
Newspaper Tuesday July 14, 2015
Agribusiness: Evron
brings back online food store
Evron food store says it is set to reinvent the online
shopping experience for Nigerians with the introduction of its online food
store that guarantees deliveries of goods within three hours of order placement
and checkout.
Published in the Punch
Newspaper Tuesday July 14, 2015
Financial Inclusion:
Banking sector’s deposit insurance fund hits N614bn
The Nigerian Deposit Insurance Corporation on Monday said the
Deposit Insurance Fund for the banking sector rose by N106.1bn or 20.88 in 2013
to N614.16bn at the end of last year.
Published in the Punch
Newspaper Tuesday July 14, 2015
Investment:
ExxonMobil invests N3bn in six varsities
Oil firm, Exxonmobil Nigeria says it is investing about N3bn
in six Nigerian universities for Geosciences education. The initiative, it
adds, is the coming courtesy of its subsidiary , Esso Exploration and
production Nigeria as, the Nigerian National Petroleum Corporation.
Published in the Punch
Newspaper Tuesday July 14, 2015
Philanthropy:
Dangote Foundation targets 5,000 internally displaced families in Yobe, Adamawa
families in Yobe, Adamawa, Borno
Dangote Foundation has commenced distribution of relief
materials to the internally displaced persons (IDPs) in Yobe, Adamawa and Borno
States, in the spirit of the holy month of Ramadan, targeting minimum of 5,000
families in the three states.
Published in the Daily
Sun Newspaper Tuesday July 14, 2015
CSR: Deluxe donates
birth kits to Borno IDPs
Internally Displaced Persons (IDPs) in Borno State have
received free birth kits donated by Deluxe childbirth Services (DSC).
Presenting the 400 kits at the Consulate
General of the United States in Lagos.
Published in the Daily
Sun Newspaper Tuesday July 14, 2015
Philanthropy:
Tejuosho fulfils promise, buys GCE form
for 150 candidates
More than 150 students are among the beneficiaries of the
goodwill of Hon. Adefunmilayo Tejuosho, when she distributed free General
Certificate of Education (GCE) forms to the students. Tejuosho, had during her
re-election bid as member representing mushin constituency 1, made series of
promises to members of her constituency.
Published in the Daily
Sun Newspaper Tuesday July 14, 2015
Education: LASU
ranked one of Africa’s best universities
Go tell it on the mountain, over the hills, over the sea,
over the land and everywhere, lagos state University (LASU), under the
leadership of prof. john Obafunwa, the vice Chancellor, has been ranked the 15th
among the best universities in Nigeria and the 59th in Africa.
Published in the Daily
Sun Newspaper Tuesday July 14, 2015
Philanthropy: DELSU
graduate creates software for Lagos NYSC
Barely few weeks after five Nigerian students dragged the
nation in the mud over alleged N125.2 internet fraud in Malaysia, a young
graduate of computer science, onyeka kelvin onyema, came up with a digital
software for the National Youth Service Corps (NYSC), Surulere , Lagos.
Published in the Daily
Sun Newspaper Tuesday July 14, 2015
Philanthropy: NYSC
member constructs toilet, borehole for community school
Miss Cynthia Adaeze Onwuchuruba, a 23-year-old member of the
National Youth Service Corps (NYSC) was a batch B corps member. She served at
the federal Government Girls College, Abuloma, Port Hacourt, Rivers State.
Recently a block of toilet and borehole she constructed for community Secondary
school, Abuloma was commissioned and encomiums by members of the community and
others.
Published in the Daily
Sun Newspaper Tuesday July 14, 2015
CSR: NDC builds
hostels for university of uyo
Barely fifteen months ago, the board of the Niger Delta
Development Commission (NDDC), which was two months in office , had declared
the agency almost insolvent from what they met when they assumed office, they
were alarmed and suddenly convened a retreat at the le Meridien Hotel Uyo, Akwa
ibom state, to lay bare their kitty.
Published in the Daily
Sun Newspaper Tuesday July 14, 2015
Power: Bol, UNDP
inject $4.8m to fund solar power project
Moves to explore alternative sources of energy may have
received the desired boost as the bank of industry (Bol) in partnership with
the United Nations Development Programme (UNDP) has unveiled a $4.8 million
solar power project.
Published in the Daily
Sun Newspaper Tuesday July 14, 2015
Fiscal
Sustainability: Foreign reserves up by $2.88bn in 1 month- Emefiele
Efforts by the central bank of Nigeria (CBN) to tighten
revenue leakages resulted in the increment of Nigeria’s foreign reserves by
some $2.88 billion within a month as at July 7, 2015.
Published in the Daily
Sun Newspaper Tuesday July 14, 2015
Education: JAMB
Okays new cut-off marks for varsities, others
Federal Government in consultation with the Joint Admission
and Matriculations Board (JAMB) and other stakeholders in the tertiary
education sector have pegged the cut-off marks for the 2015 admissions into
universities at 180, while polytechnics
and colleges of education were placed at 150.
Published in the
Guardian Newspaper Wednesday July 15, 2015
Industry Pulse: FG
Extends Manitoba’s contract for management of TCN
After months of speculations and uncertainty, the federal
Government has renewed its contract with Maintoba Hydro international of Canada
for the management of the Transmission Company of Nigeria (TCN).
Published in the
Guardian Newspaper Wednesday July 15, 2015
Industry Pulse:
Buhari Plans to resuscitate textile, garment industry
In fulfilment of some of the campaign promises of president
Muhammadu Buhari to revive cotton and textile industry, the presidency has
directed immediate inauguration of a special committee that would see to the
resuscitation of the ailing industry.
Published in the
Guardian Newspaper Wednesday July 15, 2015
ICT: 43% of global
population to be online by year end
Global online population is expected to increase by as much
as 43 per cent by the end of 2015, going by the increasing access to digital
technologies.
Published in the
Guardian Newspaper Wednesday July 15, 2015
Sustainable
Initiative: Spectranet offers customers new services
To deepen internet usage in the country, Spectranet 4G LTE,
Internet services Provider (ISP), has made public an offer of 30GB free for
every new modem purchased on the network for existing subscribers to enjoy
rollover of unused data to the following month.
Published in the
Guardian Newspaper Wednesday July 15, 2015
Industry Pulse:
Lenovo unveils new brand logo
To ensure that its products are in line with the changing
world, a firm that produces tablets and smartphone has unveiled a new product,
Lenovo.
Published in the
Guardian Newspaper Wednesday July 15, 2015
Internet
Connectivity: VConnect’s expansion to buoy Nigeria’s e-commerce sector
The advent and rapid penetration of the internet in Nigeria
has given rise to several economic opportunities. Owing to its population,
Nigeria has the largest internet market in Africa dwarfing its closest
contenders; Egypt, South Africa, Kenya and Morocco.
Published in the
Guardian Newspaper Wednesday July 15, 2015
ICT: MTN, Google,
others support technology conference
MTN Nigeria and key industry players in the technology sector
have given their backing to TECH+, Nigeria’s biggest technology conference and
exhibition event which is billed for July 24 and 25 in Lagos.
Published in the
Guardian Newspaper Wednesday July 15, 2015
CSR: Grand Petroleum
rewards distributors
Grand Petroleum and
chemicals Limited, a subsidiary of Nosak Group and producer of HI-Speed
lubricants hosted its customers in an interactive forum as part of its plans to
show gratitude to its distributors across the country.
Published in the
Guardian Newspaper Wednesday July 15, 2015
Petroleum: OTL expo to focus on petroleum policy
The ninth edition of Oil Trading and Logistics Expo (OTL
Africa Downstream 2015) holds from October 27-29 at oriental, Lagos.
Published in the
Guardian Newspaper Wednesday July 15, 2015
Partnership: AAPG,
ExxonMobil collaborate on capacity building
Lecturers representing geoscience departments of thirty
Nigerian Universities completed a workshop in sequence stratigraphy in Lagos
last week. The five day intensive course on “Sequence Stratigraphic Concepts
and principles “ was organised through collaborative efforts between the
American Association of petroleum Geologists (AAPG), Africa Region and ExxonMobil
Nigeria.
Published in the
Guardian Newspaper Wednesday July 15, 2015
Nuclear Power: IAEA
calls for strong, Independent regulator in Nigeria
The International Atomic Energy Agency, IAEA, has called for
the creation of an independent nuclear power regulatory body “with clear
authority and functions, separated from promotional bodies and functions.
Published in the
Guardian Newspaper Wednesday July 15, 2015
ICT: Samsung
advocates more technology transfer initiatives in Nigeria
Managing director of Samsung West Africa Mr Brovo Kim, has
advised technology transfer initiatives which will ensure that Nigerian to
develop technology transfer initiatives which will ensure that Nigerian youths
are technically fit to do some of the jobs that expatriates are flown in to do
in the country.
Published in the Vanguard
Newspaper Thursday July 16, 2015
SMEs: BoI to cluster
SMEs across 40 sectors for easy funding
The Bank of Industry (BoI) says it is planning a cluster
initiative for the Small and Medium Enterprises, SMEs across 40 sectors in
order to aid ease of access to bankable loans for their businesses.
Published in the Vanguard
Newspaper Thursday July 16, 2015
CSR: Tambuwal Commends
Fidelity Bank on CSR
Sokoto State Governor Rt. Hon. Aminu Waziri Tambuwal has
commended Fidelity bank for its Corporate Social responsibility initiative
tagged , helping hands programme (FHHP).
Published in the Vanguard
Newspaper Thursday July 16, 2015
Philanthropy: 10,000
Educators Benefit From Pearson’s Digital Teaching Resources
No fewer than 10,000 teachers across the country are to
benefit from Pearson Nigeria digital teaching resources whose digital Guides
will be available through its website at no cost to educators.
Published in the Vanguard
Newspaper Thursday July 16, 2015
Industry Pulse: NB
gets Education ministry’s commendation
Nigerian Breweries has gotten the commendation of the federal
Ministry of Education for introducing the Maltina Teacher of the Year award, a
reward programme that seeks to recognise, reward and train Nigerian teachers.
Published in the Vanguard
Newspaper Thursday July 16, 2015
Youth Empowerment:
Nigerians to get Yale scholarship as alumni launch club
Brilliant Nigerian students having challenges of furthering
their education can now breath a sign of relief as Yale University Club has
reiterated its commitment to scholarships.
Published in the Vanguard
Newspaper Thursday July 16, 2015
Internet
Connectivity: CEOs, CIOs Laud Smile Over Fast Braodband Connectivity
Chief Executive Officers and Chief Information Officers of
Corporate organisations have commended Smile Communications Nigeria Limited for
providing high speed 4G LTE broadband services in the country.
Published in the Vanguard
Newspaper Thursday July 16, 2015
Partnership:
Stakeholders partner on accredited training practice
The Centre for Management Development, CMD, has begun a
partnership with Kaiste Ventures Limited, Publishers of Nigerian Seminars and
Trainings.com, towards the achievement of CMD’s drive to ensure only duly
accredited training providers practice in Nigeria.
Published in the Vanguard
Newspaper Thursday July 16, 2015
Energy: Nigeria, South
Africa To Drive Energy Demand By 2040
Nigeria, Brazil, Mexico, South Africa, Egypt, Turkey, Saudi
Arabia, Iran, Thailand, and Indonesia are expected to be major drivers of
energy growth by 2040, due to their rising populations and living standards.
Published in the
Guardian Newspaper Friday July 17, 2015
Agribusiness: Transcorp
Plc Raises Stake In Extraction Cup Technology To Boost Capacity
Terago Commodities Limited, Transnational Corporation of
Nigeria Plc’s (Transcorp) agribusiness subsidiary, has acquired and installed
extraction cup technology, as part of measures to enable the company to deliver
Superior quality juice concentrate that meets international quality standards.
Published in the
Guardian Newspaper Friday July 17, 2015
Youth Empowerment:
Vibe Web Launches Graduate Internship Programme
Vibe Web Solutions, a renowned digital marketing agency, has
continued its moves in reducing the number of job seekers in the country with
the introduction of Graduate Internship Programme (GIP).
Published in the
Guardian Newspaper Friday July 17, 2015
Philanthropy: NEMA Distributes
Clothes To Children, Women In IDP Camps
The National Emergency Management Agency (NEMA) has disclosed
that it has started distribution of clothes to displaced children and women in
the 15 Internally-Displaced Persons (IDPs) camps in Borno State.
Published in the
Guardian Newspaper Friday July 17, 2015
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