#Infrastructure: Delta
Spends N32.9b on Roads, Outlaws Contractors’ Mobilisation Fee
To improve road networks in Delta State, the authorities said
it have embarked on 71 road projects at a total cost of N32.9 billion between
May 2015 and November 2016. The State Commissioner for Works, Mr. James Augoye
who spoke in Asaba at a ministerial press briefing explained that over 282
kilometres of roads and 136 km of concrete lined drains have been constructed
by Okowa-led administration since he assumed office on May 29, 2015.
Published by the
Guardian Newspaper on Monday, December 5, 2016
#Award: AXA Mansard Wins CFO Awards
AXA Mansard has emerged winner of the 2016 Nigeria CFO awards
for the second consecutive year.The finance team of AXA Mansard won bronze in
the finance team of the year category and a special award in the Finance and
Technology award category. Receiving the award, the Chief Finance Officer of
AXA Mansard, Mrs. Rashidat Adebisi appreciated the organisers for the
recognition and dedicated the awards to members of its Finance team.
Published by the
Guardian Newspaper on Monday, December 5, 2016
#Business: Ecobank Reiterates Support for Businesses, Finances Abia Mall
Ecobank Nigeria has restated its commitment to sustain
support for projects that impact positively on the lives of the people and
economic development of the country. The Managing Director, Ecobank Nigeria,
Charles Kie, who gave the assurance during the commissioning of Abia Retail
Shopping Mall (Shoprite) in Umuahia, Abia State, said such support is part of
the bank’s policy.
Published by the
Guardian Newspaper on Monday, December 5, 2016
#Health: Huawei, Access Bank, PHN Stake N50m on Health Scheme
Huawei Technologies in collaboration with Access Bank Plc and
Private Sector Health Alliance of Nigeria (PHN) has staked N50 million to
support the drive for eradication of diseases in the country. The move is part
of efforts to complement Federal Government’s effort in achieving its malaria
pre-elimination goals by 2020, tagged ‘Malaria-To-Zero’ initiative.
Published by the
Guardian Newspaper on Monday, December 5, 2016
#Philanthropy: NEMA Supplies Food Items To 80,709 Nigerian Refugees In Cameroon
The National Emergency Management Agency (NEMA) at the
weekend provided 1,460 bags of assorted food items to 80,709 Nigerian refugees
in the Republic of Cameroun.
Published by the
Guardian Newspaper on Monday, December 5, 2016
#Agric: Farmers to Make Rice Affordable By 2017
Rice farmers have assured Nigerians of their readiness to
make the price of rice affordable and accessible by 2017. Mr. Aminu Goronyo,
the National President, Rice Farmers Association of Nigeria (RIFAN), gave the
assurance in a telephone interview with the News Agency of Nigeria (NAN) in
Abuja on Monday.
Published by the
Guardian Newspaper on Monday, December 5, 2016
#Education: Nigerian Graduates Need
Analytical Skills – Expert
An Economist, Mr Olakunle Fakiyesi, on
Tuesday said that Nigerian graduates needed to imbibe analytical skills and
verbal reasoning to succeed in their future endeavours. Fakiyesi, the Chief
Executive Officer of Famolex Integrated Consult, spoke at a seminar on GMAT
Africa Career Readiness Programme (GACRP), organised by the company at the
Fountain University campus, Osogbo.
Published by
the Punch Newspaper on Tuesday, December 6, 2016
#Stakeholdersaction: Release White Paper on
Bsc/HND Dichotomy, Rector Tells Buhari
The Rector of the Ogun State-owned D.S
Adegbenro ICT Polytechnic, Itori, in the Ewekoro area of the state, Dr. Alfred
Fatade, has called on the Federal Government to put an end to the
discrimination against holders of the Higher National Diploma in the country,
by releasing the White Paper on the BSc/HND dichotomy.
Published by
the Punch Newspaper on Tuesday, December 6, 2016
Investment: Nigeria To Issue N95bn
Bonds Dec 14
Nigeria plans to sell N95
billion (302 million dollars) worth of bonds on Dec. 14, its last debt auction
for the year, the Debt Management Office (DMO) said on Tuesday. The office said
it would sell N35 billion of a bond maturing in 2036; N25 billion of paper
maturing in 2026 and N35 billion of debt maturing in 2021, using the Dutch
auction system.
Published by
the Punch Newspaper on Tuesday, December 6, 2016
#IndustryPulse: Nigeria
Will Not Experience Food Crisis in 2017 – Expert
An Agriculture economist,
Dr Alexander Coker, says in spite of the recession, Nigeria will not experience
food crisis in 2017 considering the policies of the Federal Government. Coker
spoke with the News Agency of
Nigeria on Tuesday in Abuja at an African Economic Conference with
the theme, “Feed Africa through agro-allied industrialisation’’.
Published by
the Punch Newspaper on Tuesday, December 6, 2016
#Education: Government
Alone Can’t Fund Education – Group
A non-governmental
organisation, Ace Charity, has said the responsibility of educating youths
cannot be left to the government. It said this was what informed its vision of
lending support to the development and increment of the quality of education
for underprivileged people all over Africa starting with Nigeria. To this end,
Ace Charity said it had recently completed 12 functional libraries to be
commissioned in various states before the end of the year.
Published by
the Punch Newspaper on Tuesday, December 6, 2016
#Education: Adeyemi College, Birmingham Varsity Partner on
Yoruba
Studies
The Adeyemi College of
Education, Ondo State, is set to hold an international conference on the lives
and activities of people living in the coastal part of Yorubaland. According to
the Provost of the college, Prof. Olukoya Ogen, the conference, which is in
partnership with Insa Nolte of the University of Birmingham, United Kingdom,
will begin today at the college.
Published by
the Punch Newspaper on Tuesday, December 6, 2016
#IndustryPulse: Tower Firm Promises to Deepen Broadband Penetration
Pan African Tower Company Limited
has pledged to serve over 70 per cent of mobile network operators in Nigeria
and help to deepen broadband penetration in Africa. The company said its major
focus was on broadband penetration given that most African governments depended
on it for growth and improvement of Gross Domestic Product.
Published by
the Punch Newspaper on Tuesday, December 6, 2016
#Innovation: Firm Introduces App to Curb Vandalism, Power Theft
A new mobile app with the capacity
to cut down on activities of vandals and energy thieves in the electricity
industry has been introduced into the country. At the inauguration of the
software in Abuja, the acting Chairman of the Nigerian Electricity Regulatory
Commission, Dr. Anthony Akah, said the use of the software would enable
electricity distribution companies in the country to record a significant
decline in power theft and vandalism.
Published by
the Punch Newspaper on Tuesday, December 6, 2016
#Power: Poor Power Supply Hinders N3tn Investment in Data Centres
The prolonged struggle to overcome
the power crisis is a major obstacle to broadband penetration in the country,
OZIOMA UBABUKOH writes. The Federal Government must resolve the power
infrastructure shortcomings in the country and formulate good broadband
policies to attract N3tn investment in data centre deployment, analysts have
said.
Published by
the Punch Newspaper on Tuesday, December 6, 2016
#Oil: Oil Slips On
Doubts That Output Cut Will Be Deep Enough To End Glut
Oil prices slipped on Wednesday on persistent doubts whether
a planned crude production cut led by OPEC and Russia would be deep enough to
end a supply overhang that has dogged markets for over two years.
Published by the BusinessDay
Newspaper on Wednesday, December 7, 2016
#Oil: FG Targets Oil
Output Of 2.1mn Bpd In Jan – Kachikwu
Nigeria hopes to boost
its oil production to 2.1 million barrels per day next month, the country’s oil
minister Emmanuel Ibe Kachikwu said on Wednesday. Kachikwu also said he was
expecting more production cuts from non-OPEC producers at Saturday’s meeting of
oil producers in Vienna, and that he hoped to see oil prices at $60.
Published by the
BusinessDay Newspaper on Wednesday, December 7, 2016
#Agric: Nigeria
Plans $3.2 Bn Capitalization For Farming Lender
Nigeria plans to capitalize its state-owned Bank of
Agriculture with 1 trillion naira ($3.2 billion) and will allow the lender to
take deposits as Africa’s most-populous nation seeks to boost farming output
and reduce food imports.
Published by the
BusinessDay Newspaper on Wednesday, December 7, 2016
#Agric: High Cost Of
Feeds Threatens Nigeria’s Fish Farming
Nigeria’s quest for self-sufficiency in fish production is
being threatened by high cost of quality feeds, which may widen the country’s
food import bill.
Published by the
BusinessDay Newspaper on Wednesday, December 7, 2016
#Technology#Award: With
N27mn Each, Cobranet, Swiftnework Win NCC’S 5.4GH Auction For 2 Slots
Following the bid for 5.4 gigahertz (GH) broadband spectrum
for network deployment by the Nigerian Communications Commission (NCC), for
Lagos State slots after 11 round bidding process, two winners – Cobranet and
Swift Network have emerged winners at the price of N27,659,347.10 each.
Published by the
BusinessDay Newspaper on Wednesday, December 7, 2016
#IndustryPulse: Financial
Services Industry Most Vulnerable To Internet Scams – Deloitte
Results from a research carried out by cyber security team of
Deloitte Nigeria has revealed that organisations in the financial services
industry (FSI) had the highest number of phishing websites and emails, followed
by organisations in the telecommunications media and technology (TMT) industry
in 2015.
Published by the
BusinessDay Newspaper on Wednesday, December 7, 2016
#Health: Diabetes
Fast Attaining The Status Of Mass Killer – Medical Expert
A medical expert, Sule Bathner, says diabetes is fast taking
the position of mass killer, with the ailment causing the death of one person
in the world every seven seconds.
Published by the
BusinessDay Newspaper on Wednesday, December 7, 2016
#Technology: Nigeria Saves 2 Billion Naira Yearly From Local Routing Of
Internet Traffic
The utilization of Nigeria’s
Internet Exchange Point (IXP) by telecommunications operators is the country 2
billion yearly. Executive Vice Chairman, Nigeria Communications Commission
(NCC), Prof. Umaru Danbatta, said at the telecom Executive and Regulators Forum
in Lagos yesterday that the two billion naira would have been paid out to
international carriers in dollar yearly if the Ix or IXP facility was not available
in the country.
Published by the Guardian Newspaper on Friday, December 9, 2016
#StakeholdersAction: Shareholders Approve Union Banks Plan To Float 50
Billion Naira Right Issues
Shareholders of Union Bank Nigeria
Plc, have approved five resolutions authorizing the board of the bank to raise
up to 50 billion naira by way of right issue. The shareholders gave their approval
at the banks extra ordinary general meeting held in Lagos on Wednesday.
Published by the Guardian Newspaper on Friday, December 9, 2016
#StakeholdersAction: CIBN Tasks Government On Enabling Business Environment
The Chartered Institute of Bankers
Nigeria (CIBN) has said that efforts at attracting the needed Foreign Direct
Investment (FDI) to grow them economy may not yield the expected results unless
government and relevant agencies enhance the ease of doing business in Nigeria.
According to the institute, aside safety of the investment and huge returns, an
average investor will operate in the environment where there are little or no
hitches to maximize cost.
Published by the Guardian Newspaper on Friday, December 9, 2016
#Oil: Crude Oil Prices Drop Days After OPEC Output Cut
Brent crude oil price dropped by
1.87 per cent to $53.93 a barrel after hitting $54.19 a barrel following the
decision by the Organisation of the Petroleum Exporting Countries(OPEC) to cut
production output a week ago. The price of BRENT crude oil had risen by 4.5 per
cent to $54.19 a barrel, its highest level this year.
Published by the Guardian Newspaper on Friday, December 9, 2016
#Agriculture: Experts Rally Youths On Agric Enterprise
Experts at a forum on smallholder
farmers have advocated for a new economy driven by agriculture and urged
farmers to consider it as an enterprise. The call was made at a dialogue
session targeted by youth farmers in the agriculture value chain, organized by
the Enterprise Development Centre (EDC) of the Pan Atlantic University, in
Partnership with the British American Tobacco Nigeria Foundation (BATNF)
Published by the Guardian Newspaper on Friday, December 9, 2016
#Technology: Microsoft, Code.Org Target Beginner Coders With Minecraft Programme
With 30 million hours of last
year’s ‘Hour of code’ tutorial, Microsoft and code.org believe their new
minecraft will again introduce tens of milions to coding for the first time. It
is coming on the heels of Microsoft’s coding workshops worldwide during
computer science Education week.
Published by the Guardian Newspaper on Friday, December 9, 2016
#Technology: Techdev 2016 Makes Case For ICT Hubs In States
Governments of South Eastern states
have been urged to set structures and various incentives to encourage the
private sector to invest in the establishment of ICT hubs in the region. The
call to action was contained in the communiqué iossued at the end of the maiden
South East technology Development(TechDev) summit in Enugu which drew some of
the best brains in the Information and communication Technologies(ICT) sector.
Published by the Guardian Newspaper on Friday, December 9, 2016
#Infrastructure: Poly’s Stadium, Other Projects Commissioned
A 14,000 capacity stadium built by
Delta State Polytechnic Ozoro with the support of the government, the first of
its kind in any tertiary institution in Nigeria and eight other Projects
executed solely with internally generated revenue by the school, have been
commissioned by Governor Arthur Ifeanyi Okowa at the Isoko North Local
Government Area’s headquarters.
Published by the Guardian Newspaper on Friday, December 9, 2016
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