SDGs:
Reviewing the Private Sector Template for SDGs Attainment
As world leaders brain-stormed in New York, United States at the
just concluded United Nations (UN) General Assembly, the question on the lips
of many was how to make the Sustainable Development Goals (SDGs) work. A key
component of the goals call for robust partnership with stakeholders across
board. According to officials, the role of the private sector in formulating a
workable framework for the SDGs is crucial for the attainment of the goals.
Published in
Thisday Newspaper on Sunday, 11th October, 2015
Inclusion:
Enabling digital, financial inclusion for under-served in African continent
Although mobile connectivity is playing a key role in enabling the
inclusion of underserved in the socio-economic development of many African
countries, the journey to achieving full digital, social and financial
inclusion in the region may be still far as a result of many challenges.
Published in
Vanguard Newspaper on Sunday, 11th October, 2015
Industry
Pulse: Soyinka gives up UNESCO centre chair
Noble Laureate, Professor Wole Soyinka, on Saturday resigned as
Chairman of the Board of Trustees of the Centre for Black Culture and
International Understanding, two days to a hearing at the Federal High Court,
Osogbo, in a case between the centre and the Attorney General of Osun State.
Published in
Punch Newspaper on Sunday, 11th October, 2015
Health: WHO
– One in six Africans suffers mental disorder
The world Health Organisation has said one out of every six
Africans suffers from mental disorder. In a statement issued by WHO, Moeti
stated that many Africans battling with mental ill-health often did not get the
required attention and treatment.
Published in
Punch Newspaper on Sunday, 11th October, 2015
SDGs:
#Editorial Sustaining UN Development Goals
Fifteen years after the United Nations Millennium Declaration that
committed an unprecedented number of nations to some select, time-bound
development targets, the world is welcoming a new universal set of goals,
targets and indicators designed, substantially, to build on the success of
their predecessors. Tagged, Sustainable Development Goals, the UN’s new
initiatives aim to complement as well as improve on what were achieved in the
Millennium Development Goals that are approaching their terminal stages this
year.
Published in
Punch Newspaper on Sunday, 11th October, 2015
HEALTH: FG
DISPELS EBOLA OUTBREAK IN CALABAR, URGES SUSTAINED PUBLIC HYGIENE
The Federal
Government last weekend dispelled speculation of a suspected fresh case of
Ebola Virus Disease (EVD) in Calabar, Cross River, and urged Nigerians to
observe good hygiene behaviour.
Published in the Business Day
Newspaper, Monday, October 12, 2015
POWER: EGBIN
POWER ASSURES ON AGGRESSIVE EXPANSION PROGRAMME
The Board of
Egbin Power Plc has restated its commitment to carrying out its transformation
and expansion programme on the plant to accelerate the nation’s drive towards
sustainable power supply.
Published in the Business Day
Newspaper, Monday, October 12, 2015
AGRICULTURE:
ECOBANK STEPS UP N84BILLION FUNDING FOR AGRIC SECTOR
Ecobank, a
leading bank in Agriculture and Export Finance across Africa with presence in
over 36 countries plans to grow its current agricultural loan portfolio of N84
billion in Nigeria in the next four years.
Published in the Business Day
Newspaper, Monday, October 12, 2015
SMEs: DHL
EXPRESS TO FACILITATE GROWTH OF SMEs IN AFRICA
DHL Express,
the world’s leading express logistics provider, will launch its Growing Beyond
Borders entrepreneurial training program in Sub-Saharan Africa (SSA) in the
coming weeks – an innovative program specifically designed to help small and
medium enterprises (SMEs) understand the economic potential of international
trade and the subsequent benefits to their businesses.
Published in the Business Day
Newspaper, Monday, October 12, 2015
INDUSTRY
PULSE: BASF WEST AFRICA EARNS TOP EMPLOYER NIGERIA ACCREDITATION
BASF West
Africa has received 2016 certification as Top Employer Nigeria in the Top
Employer Institute’s Africa category.
Published in the Business Day
Newspaper, Monday, October 12, 2015
SMEs:
EXAMINING OPPORTUNITIES IN BOI’S GRADUATE ENTREPRENEURSHIP FUND
Exactly one
week today, the Bank of Industry (BOI) launched the 2 Billion Graduate
Entrepreneurship Fund (GEF) with the target of ensuring that young graduates
with viable business ideas receive training and finance
Published in the Business Day
Newspaper, Monday, October 12, 2015
Economy:
Poor leadership, huge debts stifle Unilever’s growth
The Down-turn in the economy and harsh operating environment are
commonly blamed as being responsible for the poor performance of businesses in
the country. This cuts across different sectors of the economy.
Published in
Business Hallmark Newspaper on Monday, 12th October, 2015
SME: FCMB
Wins Award for Outstanding Support to SMEs
First City Monument Bank (FCMB) has clinched the award of the
“Most Outstanding SMEs Friendly and Sponsorship Commercial Bank of the Year”.
Published in
Business Hallmark Newspaper on Monday, 12th October, 2015
Power: TE
Connectivity, NAPTIN partner to provide technical training for Nigeria’s power
sector
TE connectivity (TE),
a global leader in connectivity has entered into a strategic partnership with
the National Power Training Institute of Nigeria (NAPTIN) with a goal to
provide critical expertise and workforce training essential for the country’s
power sector.
Published in
Business Hallmark Newspaper on Monday, 12th October, 2015
Capacity
Building: FirstBank organizes sustainability workshop for women-led SMEs
Lack of good
succession plan has been identified as one of the reasons a lot of Small and
Medium Enterprises (SMEs) die after the death of their founders.
Published in
Business Hallmark Newspaper on Monday, 12th October, 2015
Industry
Pulse: Nigerian wins Young Innovators Competition at ITU Telecom World 2015
A Nigerian, Ogbonnaya
Bassey has been announced as one of the winners of the Single Board Challenge
in the ITU Telecom World 2015 Young Innovators competition sponsored by Intel.
Published in
Business Hallmark Newspaper on Monday, 12th October, 2015
Health: IT
to gulp $2.73bn in healthcare sector this year
Healthcare providers
in the MENA region are on pace to spend $2.73bn on IT products and services in
2015, according to the latest forecast from Gartner.
Published in
Business Hallmark Newspaper on Monday, 12th October, 2015
SME: BoI,
MSMEs bicker over intervention fund
The dwindling fortunes
of the Micro, Small and Medium Enterprises (MSMEs), in the country has been
identified as an indication that the country has not found the right approach
and strategy to tag the potential of the sector for its industrialisation.
However, experts believe that Nigeria must begin to address seriously the challenges
confronting the sector to be able to realise its economic and industrial
potential.
Published in
Business Hallmark Newspaper on Monday, 12th October, 2015
Human Rights: Human trafficking now fastest growing crime
The National Agency
for the Prohibition in Trafficking in Persons and other related matters says
human trafficking is now the fastest growing and the most notorious crime in
Nigeria.
Published in
Punch Newspaper on Tuesday, 13th October, 2015
Economy: N83.17bn manufactured goods unsold in 2014
The value of unsold
finished products manufactured in Nigeria in 2014 was put at N83.17bn,
according to data released by the Manufacturers Association of Nigeria.
Published in
Punch Newspaper on Tuesday, 13th October, 2015
Economy: FG targets food experts by 2019
The Federal Government has disclosed plans to begin exporting over 10 million metric tonnes of food items to member countries of the Economic Community of West African States by 2019
Published in
Punch Newspaper on Tuesday, 13th October, 2015
Industry
Pulse: GTBank wins corporate governance award
GUARANTY Trust Bank
Plc. has been recognised for good corporate governance at the 2015 African
Business Awards.
The event was held on
the sidelines of the United Nations General Assembly in New York recently.
Published in
Punch Newspaper on Tuesday, 13th October, 2015
Security:
Buhari demands report of $5m study on Lake Chad
PRESIDENT Muhammadu
Buhari has ordered that the report of a study initiated by former President
Olusegun Obasanjo be the shrinking of Lake Chad be made available to him with
immediate effect. The Obasanjo administration had spent $5 million on the
study.
Published in
Daily Sun Newspaper on Tuesday, 13th October, 2015
Security:
#Boko Haram IDPs in N’East hit 5m -
Dogara
The Speaker of the House of Representatives, Yakubu Dogara, has
said about 5 million Nigerians have been displaced by activities of Boko Haram
in the North East.
Published in
Daily Sun Newspaper on Tuesday, 13th October, 2015
Industry
Pulse: Briton wins 2015 Economics Nobel Prize
BRITISH-born economist Angus Deaton has won the 2015 economics
Nobel Prize for his work on consumption, poverty and welfare that has helped
governments to improve policy through tools such as household surveys and tax
changes.
Published in
Daily Sun Newspaper on Tuesday, 13th October, 2015
Governance:
Mo Ibrahim Index and Nigeria’s poor ranking
ONE year after it
scored Nigeria high in the sub-categories of education, economic stability as
well as free and credible elections, the annual Mo Ibrahim Index of Governance
in Africa has reted the country’s education sector very low. Its 2015 index released
recently in London, United Kingdom, showed that Nigeria’s performance in
education and rural development has dipped significantly. It also called on
Nigeria to urgently reverse the deterioration of these sectors if it is to be
competitive and fulfil its potential.
Published in
Daily Sun Newspaper on Tuesday, 13th October, 2015
Community Development: Edo communities protest over
bad roads, flood menace
Four communities in Egor Local Government Area
of Edo State, recently took to the streets of Benin, demanding that the
government did something urgently, about the poor condition of roads and other
facilities in the area.
Published in
Daily Sun Newspaper on Tuesday, 13th October, 2015
Funding: Governors get briefings on World Bank’s $500m
fund, others
NIGERIA Governors
Forum’s (NGF) members were yesterday briefed by officials of Federal Ministry
of Health and international organisations at the State House, Abuja on how to
access $500 million fund for human development from the World bank.
Published in
The Nation Newspaper on Wednesday, 14th October, 2015
Economy: AfDB, AMF discuss member-states economic
future
AFRICAN Development
Bank (AfDB) Group President Akinwumi Adesina, and Director-General/Chairman Arab
Monetary Fund (AMF), Abdulrahman Al Hamidy, have held talks on the economic
challenges of their member-countries. They met on the sidelines of World
Bank-International Monetary Fund (IMF) yearly meetings in Lima, Peru.
Published in
The Nation Newspaper on Wednesday, 14th October, 2015
Agric: Ecobank
unveils four-year agric financing plan
ECOBANK plans to grow its
agricultural loan portfolio of N84 billion significantly in the next four
years, in line with the Federal Government’s agenda.
Published in
The Nation Newspaper on Wednesday, 14th October, 2015
Trade: Solid minerals to boots Africa’s $110b
inter-trade market
Nigeria stands to earn
about $50 billion from her abundant solid minerals if the necessary framework
is put in place to harness the resources. Indeed, the nation has been estimated
to process over 400 solid minerals, 40 of that the sector could add as much as
$50 billion to the nation’s Gross Domestic Product (GDP) by climbing from 0.3
per cent to 10 per cent growth in the next three to five years, if the
necessary investment is made. Besides, optimal utilisation of the solid
minerals could also create over one million direct and indirect jobs within
Nigeria and far increase Africa’s inter-trade activity, which currently stands
at $110 billion.
Published in
The Guardian Newspaper on Wednesday, 14th October, 2015
Economy:
Osinbajo to head Nigeria’s economic team
Vice President Yemi Osinbajo (SAN) is to over-see Nigeria’s
economy and also co-ordinate the activities of the entire ministries and soon
to be inaugurated federal cabinet in addition to his schedule as the Number Two
citizen of the country.
Published in
The Guardian Newspaper on Wednesday, 14th October, 2015
Investment :
Oando invests $1 billion on facility expansion
In its quest to meet the needs of the energy market, Oando
Marketing has invested a whooping sum of $1 billion to expand its facilities in
Apapa axis of Lagos State.
Published in
The Guardian Newspaper on Wednesday, 14th October, 2015
Local
Content: NCDMB calls on IOCs to patronise local firms
The Nigerian Content Development and Monitoring Board, NCDMB, has
called on all International Oil Companies, IOCs, operating in the country as
well as the management of the local refineries to patronise indigenous oil
services and procurement firms, to boots local content.
Published in
The Guardian Newspaper on Wednesday, 14th October, 2015
Economy:
Osinbajo to head Nigeria’s economic team
Vice President Yemi Osinbajo (SAN) is to over-see Nigeria’s
economy and also co-ordinate the activities of the entire ministries and soon
to be inaugurated federal cabinet in addition to his schedule as the Number Two
citizen of the country.
Published in
The Guardian Newspaper on Wednesday, 14th October, 2015
Local
Content: NCDMB calls on IOCs to patronise local firms
The Nigerian Content Development and Monitoring Board, NCDMB, has
called on all International Oil Companies, IOCs, operating in the country as
well as the management of the local refineries to patronise indigenous oil
services and procurement firms, to boots local content.
Published in
The Guardian Newspaper on Wednesday, 14th October, 2015
Community
Development: Under new MOU, Shell, NLNG provide N3bn for Bonny development
Under a new memorandum of understanding, MoU, signed by Nigerian
LNG Limited, NLNG, and Shell Petroleum Development Company of Nigeria, SPDC,
with the Grand Bonny Kingdom in Rivers State, the two companies would be
providing N3 billion annually for the development of the kingdom.
Published in
The Guardian Newspaper on Wednesday, 14th October, 2015
Infrastructure:
NDDC flags-off Ibeno road construction, to build desalination plant
The Niger Delta Development Commission, NDDC, has flagged of the
construction of the second phase of the N10.4 billion seven-kilometre
Iko-Atabrikang – Opolom – IwuoAchang Road in Ibeno Local Government Area of
Akwa Ibom state.
Published in
The Guardian Newspaper on Wednesday, 14th October, 2015
Investment:
Standard Chartered leads $1.2b NNPC-Chevron’s JV financing
STANDARD Chartered, the parent company of Standard Chartered Bank
of Nigeria has brokered a $1.2 billion Joint Venture (JV) funding for the
Nigerian National Petroleum Corporation (NNPC) and Chevron, which has a 60-40
per cent interest in the project respectively.
Published in
The Guardian Newspaper on Wednesday, 14th October, 2015
Power: Lagos
seeks UK partnership on rural electrification
The Lagos State Government yesterday sought the partnership of UK
development partners on solar power supply to the rural communities of the
state.
Published in
Daily Trust Newspaper on Thursday, 15th October, 2015
Investment:
Firms to build $1.2bn fertilizer plant in Kogi
HOMAG International Merchant Nigeria Limited will build a
fertilizer plant worth $1.2 billion in Kogi State, Daily Trust gathered.
Published in
Daily Trust Newspaper on Thursday, 15th October, 2015
Agric:
Jigawa farmers get N1bn loan
Managing Director of Bank of Agriculture, Professor Danbala Dauju,
yesterday said his bank has disbursed a loan of about N1 billion to 6,548
farmers in Jigawa State.
Published in
Daily Trust Newspaper on Thursday, 15th October, 2015
Labour #Agric: NDE trains 25
unemployed youths on commercial agric in FCT
The National Directorate of Employment (NDE) has commenced
training of 25 unemployment youths in the FCT on gardening and poultry
production under the Commercial Farmers Training Project (CFTP) of the Rural
Employment Promotion (REP) Department of the Scheme.
Published in
Daily Trust Newspaper on Thursday, 15th October, 2015
Charity:
Victims Support Fund Gives N30m To JUTH, Plateau Specialist Hospital
The Victims Support Fund (VSF) set up by the federal government
headed by Gen. Theophilus Danjuma (rtd) to address the plight of victims of
insurgency has presented cheques worth N30million to two tertiary health
institution in Jos, the Plateau State capital.
Published in
Leadership Newspaper on Thursday, 15th October, 2015
Risk: 180
MFBs Implement Enterprise Risk Mgt Framework – NDIC
Official of the Nigerian Deposit Insurance Corporation (NDIC) have
said that only about 180 of the total Micro Finance Banks (MFBs) in the country
representing 20 percent of the banks have implemented the Enterprise Risk
Management framework meant to boost the operation of the financial
institutions.
Published in
Daily Trust Newspaper on Thursday, 15th October, 2015
SMEs:
Fidelity To Launch Online Marketplace For SMEs
In the coming weeks, Fidelity Bank Plc will be launching the
GreenMall, an online market place with fully integrated e-commerce capabilities
for online payment engine, delivery logistics, advertising boards, and business
networking opportunities, etc. for SMEs.
Published in
Daily Trust Newspaper on Thursday, 15th October, 2015
SDGs:
Reviewing the Private Sector Template for SDGs Attainment
As world leaders brain-stormed in New York, United States at the
just concluded United Nations (UN) General Assembly, the question on the lips
of many was how to make the Sustainable Development Goals (SDGs) work. A key
component of the goals call for robust partnership with stakeholders across
board. According to officials, the role of the private sector in formulating a
workable framework for the SDGs is crucial for the attainment of the goals.
Published in
Thisday Newspaper on Sunday, 11th October, 2015
Inclusion:
Enabling digital, financial inclusion for under-served in African continent
Although mobile connectivity is playing a key role in enabling the
inclusion of underserved in the socio-economic development of many African
countries, the journey to achieving full digital, social and financial
inclusion in the region may be still far as a result of many challenges.
Published in
Vanguard Newspaper on Sunday, 11th October, 2015
Industry
Pulse: Soyinka gives up UNESCO centre chair
Noble Laureate, Professor Wole Soyinka, on Saturday resigned as
Chairman of the Board of Trustees of the Centre for Black Culture and
International Understanding, two days to a hearing at the Federal High Court,
Osogbo, in a case between the centre and the Attorney General of Osun State.
Published in
Punch Newspaper on Sunday, 11th October, 2015
Health: WHO
– One in six Africans suffers mental disorder
The world Health Organisation has said one out of every six
Africans suffers from mental disorder. In a statement issued by WHO, Moeti
stated that many Africans battling with mental ill-health often did not get the
required attention and treatment.
Published in
Punch Newspaper on Sunday, 11th October, 2015
SDGs:
#Editorial Sustaining UN Development Goals
Fifteen years after the United Nations Millennium Declaration that
committed an unprecedented number of nations to some select, time-bound
development targets, the world is welcoming a new universal set of goals,
targets and indicators designed, substantially, to build on the success of
their predecessors. Tagged, Sustainable Development Goals, the UN’s new
initiatives aim to complement as well as improve on what were achieved in the
Millennium Development Goals that are approaching their terminal stages this
year.
Published in
Punch Newspaper on Sunday, 11th October, 2015
HEALTH: FG
DISPELS EBOLA OUTBREAK IN CALABAR, URGES SUSTAINED PUBLIC HYGIENE
The Federal
Government last weekend dispelled speculation of a suspected fresh case of
Ebola Virus Disease (EVD) in Calabar, Cross River, and urged Nigerians to
observe good hygiene behaviour.
Published in the Business Day
Newspaper, Monday, October 12, 2015
POWER: EGBIN
POWER ASSURES ON AGGRESSIVE EXPANSION PROGRAMME
The Board of
Egbin Power Plc has restated its commitment to carrying out its transformation
and expansion programme on the plant to accelerate the nation’s drive towards
sustainable power supply.
Published in the Business Day
Newspaper, Monday, October 12, 2015
AGRICULTURE:
ECOBANK STEPS UP N84BILLION FUNDING FOR AGRIC SECTOR
Ecobank, a
leading bank in Agriculture and Export Finance across Africa with presence in
over 36 countries plans to grow its current agricultural loan portfolio of N84
billion in Nigeria in the next four years.
Published in the Business Day
Newspaper, Monday, October 12, 2015
SMEs: DHL
EXPRESS TO FACILITATE GROWTH OF SMEs IN AFRICA
DHL Express,
the world’s leading express logistics provider, will launch its Growing Beyond
Borders entrepreneurial training program in Sub-Saharan Africa (SSA) in the
coming weeks – an innovative program specifically designed to help small and
medium enterprises (SMEs) understand the economic potential of international
trade and the subsequent benefits to their businesses.
Published in the Business Day
Newspaper, Monday, October 12, 2015
INDUSTRY
PULSE: BASF WEST AFRICA EARNS TOP EMPLOYER NIGERIA ACCREDITATION
BASF West
Africa has received 2016 certification as Top Employer Nigeria in the Top
Employer Institute’s Africa category.
Published in the Business Day
Newspaper, Monday, October 12, 2015
SMEs:
EXAMINING OPPORTUNITIES IN BOI’S GRADUATE ENTREPRENEURSHIP FUND
Exactly one
week today, the Bank of Industry (BOI) launched the 2 Billion Graduate
Entrepreneurship Fund (GEF) with the target of ensuring that young graduates
with viable business ideas receive training and finance
Published in the Business Day
Newspaper, Monday, October 12, 2015
Economy:
Poor leadership, huge debts stifle Unilever’s growth
The Down-turn in the economy and harsh operating environment are
commonly blamed as being responsible for the poor performance of businesses in
the country. This cuts across different sectors of the economy.
Published in
Business Hallmark Newspaper on Monday, 12th October, 2015
SME: FCMB
Wins Award for Outstanding Support to SMEs
First City Monument Bank (FCMB) has clinched the award of the
“Most Outstanding SMEs Friendly and Sponsorship Commercial Bank of the Year”.
Published in
Business Hallmark Newspaper on Monday, 12th October, 2015
Power: TE
Connectivity, NAPTIN partner to provide technical training for Nigeria’s power
sector
TE connectivity (TE),
a global leader in connectivity has entered into a strategic partnership with
the National Power Training Institute of Nigeria (NAPTIN) with a goal to
provide critical expertise and workforce training essential for the country’s
power sector.
Published in
Business Hallmark Newspaper on Monday, 12th October, 2015
Capacity
Building: FirstBank organizes sustainability workshop for women-led SMEs
Lack of good
succession plan has been identified as one of the reasons a lot of Small and
Medium Enterprises (SMEs) die after the death of their founders.
Published in
Business Hallmark Newspaper on Monday, 12th October, 2015
Industry
Pulse: Nigerian wins Young Innovators Competition at ITU Telecom World 2015
A Nigerian, Ogbonnaya
Bassey has been announced as one of the winners of the Single Board Challenge
in the ITU Telecom World 2015 Young Innovators competition sponsored by Intel.
Published in
Business Hallmark Newspaper on Monday, 12th October, 2015
Health: IT
to gulp $2.73bn in healthcare sector this year
Healthcare providers
in the MENA region are on pace to spend $2.73bn on IT products and services in
2015, according to the latest forecast from Gartner.
Published in
Business Hallmark Newspaper on Monday, 12th October, 2015
SME: BoI,
MSMEs bicker over intervention fund
The dwindling fortunes
of the Micro, Small and Medium Enterprises (MSMEs), in the country has been
identified as an indication that the country has not found the right approach
and strategy to tag the potential of the sector for its industrialisation.
However, experts believe that Nigeria must begin to address seriously the challenges
confronting the sector to be able to realise its economic and industrial
potential.
Published in
Business Hallmark Newspaper on Monday, 12th October, 2015
Human Rights: Human trafficking now fastest growing crime
The National Agency
for the Prohibition in Trafficking in Persons and other related matters says
human trafficking is now the fastest growing and the most notorious crime in
Nigeria.
Published in
Punch Newspaper on Tuesday, 13th October, 2015
Economy: N83.17bn manufactured goods unsold in 2014
The value of unsold
finished products manufactured in Nigeria in 2014 was put at N83.17bn,
according to data released by the Manufacturers Association of Nigeria.
Published in
Punch Newspaper on Tuesday, 13th October, 2015
Economy: FG targets food experts by 2019
The Federal Government has disclosed plans to begin exporting over 10 million metric tonnes of food items to member countries of the Economic Community of West African States by 2019
Published in
Punch Newspaper on Tuesday, 13th October, 2015
Industry
Pulse: GTBank wins corporate governance award
GUARANTY Trust Bank
Plc. has been recognised for good corporate governance at the 2015 African
Business Awards.
The event was held on
the sidelines of the United Nations General Assembly in New York recently.
Published in
Punch Newspaper on Tuesday, 13th October, 2015
Security:
Buhari demands report of $5m study on Lake Chad
PRESIDENT Muhammadu
Buhari has ordered that the report of a study initiated by former President
Olusegun Obasanjo be the shrinking of Lake Chad be made available to him with
immediate effect. The Obasanjo administration had spent $5 million on the
study.
Published in
Daily Sun Newspaper on Tuesday, 13th October, 2015
Security:
#Boko Haram IDPs in N’East hit 5m -
Dogara
The Speaker of the House of Representatives, Yakubu Dogara, has
said about 5 million Nigerians have been displaced by activities of Boko Haram
in the North East.
Published in
Daily Sun Newspaper on Tuesday, 13th October, 2015
Industry
Pulse: Briton wins 2015 Economics Nobel Prize
BRITISH-born economist Angus Deaton has won the 2015 economics
Nobel Prize for his work on consumption, poverty and welfare that has helped
governments to improve policy through tools such as household surveys and tax
changes.
Published in
Daily Sun Newspaper on Tuesday, 13th October, 2015
Governance:
Mo Ibrahim Index and Nigeria’s poor ranking
ONE year after it
scored Nigeria high in the sub-categories of education, economic stability as
well as free and credible elections, the annual Mo Ibrahim Index of Governance
in Africa has reted the country’s education sector very low. Its 2015 index released
recently in London, United Kingdom, showed that Nigeria’s performance in
education and rural development has dipped significantly. It also called on
Nigeria to urgently reverse the deterioration of these sectors if it is to be
competitive and fulfil its potential.
Published in
Daily Sun Newspaper on Tuesday, 13th October, 2015
Community Development: Edo communities protest over
bad roads, flood menace
Four communities in Egor Local Government Area
of Edo State, recently took to the streets of Benin, demanding that the
government did something urgently, about the poor condition of roads and other
facilities in the area.
Published in
Daily Sun Newspaper on Tuesday, 13th October, 2015
Funding: Governors get briefings on World Bank’s $500m
fund, others
NIGERIA Governors
Forum’s (NGF) members were yesterday briefed by officials of Federal Ministry
of Health and international organisations at the State House, Abuja on how to
access $500 million fund for human development from the World bank.
Published in
The Nation Newspaper on Wednesday, 14th October, 2015
Economy: AfDB, AMF discuss member-states economic
future
AFRICAN Development
Bank (AfDB) Group President Akinwumi Adesina, and Director-General/Chairman Arab
Monetary Fund (AMF), Abdulrahman Al Hamidy, have held talks on the economic
challenges of their member-countries. They met on the sidelines of World
Bank-International Monetary Fund (IMF) yearly meetings in Lima, Peru.
Published in
The Nation Newspaper on Wednesday, 14th October, 2015
Agric: Ecobank
unveils four-year agric financing plan
ECOBANK plans to grow its
agricultural loan portfolio of N84 billion significantly in the next four
years, in line with the Federal Government’s agenda.
Published in
The Nation Newspaper on Wednesday, 14th October, 2015
Trade: Solid minerals to boots Africa’s $110b
inter-trade market
Nigeria stands to earn
about $50 billion from her abundant solid minerals if the necessary framework
is put in place to harness the resources. Indeed, the nation has been estimated
to process over 400 solid minerals, 40 of that the sector could add as much as
$50 billion to the nation’s Gross Domestic Product (GDP) by climbing from 0.3
per cent to 10 per cent growth in the next three to five years, if the
necessary investment is made. Besides, optimal utilisation of the solid
minerals could also create over one million direct and indirect jobs within
Nigeria and far increase Africa’s inter-trade activity, which currently stands
at $110 billion.
Published in
The Guardian Newspaper on Wednesday, 14th October, 2015
Economy:
Osinbajo to head Nigeria’s economic team
Vice President Yemi Osinbajo (SAN) is to over-see Nigeria’s
economy and also co-ordinate the activities of the entire ministries and soon
to be inaugurated federal cabinet in addition to his schedule as the Number Two
citizen of the country.
Published in
The Guardian Newspaper on Wednesday, 14th October, 2015
Investment :
Oando invests $1 billion on facility expansion
In its quest to meet the needs of the energy market, Oando
Marketing has invested a whooping sum of $1 billion to expand its facilities in
Apapa axis of Lagos State.
Published in
The Guardian Newspaper on Wednesday, 14th October, 2015
Local
Content: NCDMB calls on IOCs to patronise local firms
The Nigerian Content Development and Monitoring Board, NCDMB, has
called on all International Oil Companies, IOCs, operating in the country as
well as the management of the local refineries to patronise indigenous oil
services and procurement firms, to boots local content.
Published in
The Guardian Newspaper on Wednesday, 14th October, 2015
Economy:
Osinbajo to head Nigeria’s economic team
Vice President Yemi Osinbajo (SAN) is to over-see Nigeria’s
economy and also co-ordinate the activities of the entire ministries and soon
to be inaugurated federal cabinet in addition to his schedule as the Number Two
citizen of the country.
Published in
The Guardian Newspaper on Wednesday, 14th October, 2015
Local
Content: NCDMB calls on IOCs to patronise local firms
The Nigerian Content Development and Monitoring Board, NCDMB, has
called on all International Oil Companies, IOCs, operating in the country as
well as the management of the local refineries to patronise indigenous oil
services and procurement firms, to boots local content.
Published in
The Guardian Newspaper on Wednesday, 14th October, 2015
Community
Development: Under new MOU, Shell, NLNG provide N3bn for Bonny development
Under a new memorandum of understanding, MoU, signed by Nigerian
LNG Limited, NLNG, and Shell Petroleum Development Company of Nigeria, SPDC,
with the Grand Bonny Kingdom in Rivers State, the two companies would be
providing N3 billion annually for the development of the kingdom.
Published in
The Guardian Newspaper on Wednesday, 14th October, 2015
Infrastructure:
NDDC flags-off Ibeno road construction, to build desalination plant
The Niger Delta Development Commission, NDDC, has flagged of the
construction of the second phase of the N10.4 billion seven-kilometre
Iko-Atabrikang – Opolom – IwuoAchang Road in Ibeno Local Government Area of
Akwa Ibom state.
Published in
The Guardian Newspaper on Wednesday, 14th October, 2015
Investment:
Standard Chartered leads $1.2b NNPC-Chevron’s JV financing
STANDARD Chartered, the parent company of Standard Chartered Bank
of Nigeria has brokered a $1.2 billion Joint Venture (JV) funding for the
Nigerian National Petroleum Corporation (NNPC) and Chevron, which has a 60-40
per cent interest in the project respectively.
Published in
The Guardian Newspaper on Wednesday, 14th October, 2015
Power: Lagos
seeks UK partnership on rural electrification
The Lagos State Government yesterday sought the partnership of UK
development partners on solar power supply to the rural communities of the
state.
Published in
Daily Trust Newspaper on Thursday, 15th October, 2015
Investment:
Firms to build $1.2bn fertilizer plant in Kogi
HOMAG International Merchant Nigeria Limited will build a
fertilizer plant worth $1.2 billion in Kogi State, Daily Trust gathered.
Published in
Daily Trust Newspaper on Thursday, 15th October, 2015
Agric:
Jigawa farmers get N1bn loan
Managing Director of Bank of Agriculture, Professor Danbala Dauju,
yesterday said his bank has disbursed a loan of about N1 billion to 6,548
farmers in Jigawa State.
Published in
Daily Trust Newspaper on Thursday, 15th October, 2015
Labour #Agric: NDE trains 25
unemployed youths on commercial agric in FCT
The National Directorate of Employment (NDE) has commenced
training of 25 unemployment youths in the FCT on gardening and poultry
production under the Commercial Farmers Training Project (CFTP) of the Rural
Employment Promotion (REP) Department of the Scheme.
Published in
Daily Trust Newspaper on Thursday, 15th October, 2015
Charity:
Victims Support Fund Gives N30m To JUTH, Plateau Specialist Hospital
The Victims Support Fund (VSF) set up by the federal government
headed by Gen. Theophilus Danjuma (rtd) to address the plight of victims of
insurgency has presented cheques worth N30million to two tertiary health
institution in Jos, the Plateau State capital.
Published in
Leadership Newspaper on Thursday, 15th October, 2015
Risk: 180
MFBs Implement Enterprise Risk Mgt Framework – NDIC
Official of the Nigerian Deposit Insurance Corporation (NDIC) have
said that only about 180 of the total Micro Finance Banks (MFBs) in the country
representing 20 percent of the banks have implemented the Enterprise Risk
Management framework meant to boost the operation of the financial
institutions.
Published in
Daily Trust Newspaper on Thursday, 15th October, 2015
SMEs:
Fidelity To Launch Online Marketplace For SMEs
In the coming weeks, Fidelity Bank Plc will be launching the
GreenMall, an online market place with fully integrated e-commerce capabilities
for online payment engine, delivery logistics, advertising boards, and business
networking opportunities, etc. for SMEs.
Published in
Daily Trust Newspaper on Thursday, 15th October, 2015
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