Project
Alert, Access Bank partner against sexual violence
Project
Alert On Violence Against Women, a non-governmental organisation, and Access
Bank, have entered into a partnership to bring an end to sexual violence on
young persons in schools.
Published
in TheNiche Newspaper on Sunday, 23rd November, 2014
Power:
American Consortium to deliver 1,200mw Solar Power
A
consortium of American Investors in renewable energy, under the auspices of
MOTIR SEASPIRE has signed a Memorandum of Understanding, MoU, with the federal
government to deliver 1,200MW of solar-powered electricity in Nigeria within
the next two years.
Published
in TheNiche Newspaper on Sunday, 23rd November, 2014
Agriculture:
World Bank, Dangote, Dfid Partner for Tomato Market Development
The World Bank Group, United Kingdom’s
Department for International Development (DFID) and Nigeria’s Dangote Farms
have commenced a hybrid tomatoes production in project in Kano aimed at
maximising the local content supply for tomato processors in the country,
beginning with Dansa Holdings.
Published
in BusinessDay Newspaper on Monday, 24th November, 2014
Finance:
New National Development Bank to kick-off with $2bn capital
Ngozi Okonjo-Iweala,
Co-ordinating Minister for the Economy and minister for finance, confirmed to
BusinessDay that the Federal government is approaching $2 billion as take-off
capital for the proposed Development Bank of Nigeria (DBN).
Published
in BusinessDay Newspaper on Monday, 24th November, 2014
Finance:
69 countries propel Nigeria to Africa’s Financial Centre
Capital inflows into
Nigeria worth $37.6 billion (N5.9 trillion) between January 2013 and Q3 2014
have moved the country a step closer to becoming Africa’s number one financial
centre, according to BusinessDay Research and Intelligence Unit’s (BRIU)
findings.
Published
in BusinessDay Newspaper on Monday, 24th November, 2014
Investment: Investment in Nigeria’s pharma
sector hits N70bn
Investment
in Nigeria’s pharmaceutical sector has hit N70 billion in the last four years,
the Pharmaceutical Manufacturers Group of the Manufacturers Association of
Nigeria (PMG-MAN)
Published in The Punch Newspaper on Tuesday, 25th
November 2014
Award:
Sterling Bank bags Award
Sterling Bank Pls has been adjudged the
‘Agric Bank of the Year 2014 in Nigeria.’
Published in The Punch Newspaper on Tuesday, 25th
November 2014
Finance:
Oil Companies, Nigerian Banks Coomit $20bn Funding Initiatives
The
Oil Producers’ Trade Section (OPTS) of the Lagos Chamber of Commerce and
Industry (LCCI), which is an association of all the leading oil and gas
–producing companies in Nigeria, and some Nigerian banks have made available
over $20 billion in funding commitments, under various contractor financing
initiatives.
Published in The Punch Newspaper on Tuesday, 25th
November 2014
Environment:
Shell shuts pipeline, begins investigation into leaks
Shell Petroleum development Company of Nigeria has shut
its Trans-Niger Pipeline, which carries its key grade crude, Bonny Light
BFO-BON, after discovering a leak on Saturday.
Published in The Punch Newspaper on Tuesday, 25th
November 2014
Empowerment: Ecobank moves to boost
entrepreneurship
The
Ecobank Group says it has partnered with the Africa SME Champions Forum to
ensure a successful hosting of over 300 Small and Medium Enterprises in Dakar,
Senegal.
Published
in The Punch Newspaper on Wednesday, 26th November 2014
Award:
Skye Bank rated best in Risk Management
Skye
Bank Plc has been rated best in risk management as it won the “Best Bank in
Nigeria in Risk Management” award.
Published
in The Guardian Newspaper on Wednesday, 26th November 2014
CBN
Devalues Naira, raises lending rate to 13 per cent
The
Central Bank of Nigeria (CBN) devalued the naira and raised interest rates by
100 basis points on Tuesday, as it sought to stem losses to its foreign
reserves from defending the currency hit by weaker oil prices.
Published in Vanguard Newspaper on Thursday, 27th November
2014
Infrastructure: Japanese Government pledges
more support with impactful Projects in Nigeria
The
government of Japan has pledged to continue its support for Nigeria by
providing more impactful projects for citizens, especially those with
limited access to life-saving facilities such as hospitals and schools for
rural children who have hitherto been denied the opportunity of learning in
conducive environments.
Published in The Guardian Newspaper on Thursday, 27th November
2014
Power: Government to sanction DISCOs for
rejecting Power Allocations
The
Federal Government, Tuesday, accused some electricity distribution companies of
refusing to accept electricity allocated to them, despite widening power
distribution gap in the country.
Published in The Guardian Newspaper on Thursday, 27th
November 2014
Award: BoI,
Microsoft, Leadway, banks bag 2014 SME Awards
This
year’s Nigerian SME Excellence Award and Global Entrepreneurship Week (GEW)
ended last weekend with 15 corporate organisations and individuals clinching
the coveted Nigerian SME Excellence Award.
Published in The Guardian Newspaper on Thursday, 27th
November 2014
Energy: Government
commences design of $5b Trans-Nigeria gas Pipeline
The
Federal Government will spend between $4 billion and $5billion to develop the
gas infrastructure blueprint expected to ensure sufficient supply of natural
gas both for domestic use and export.
Published in The Guardian Newspaper on Thursday, 27th
November 2014
Health: 300m are
diabetic, says WHO
About 143 million people worldwide have
been estimated to have diabetes and the figure, according to Pharmacist Lanre
Alege of the University of Ilorin Teaching Hospital (UITH), is expected to rise
to 300 million persons by the year 2025.
Published in The Nation Newspaper on Thursday, 27th
November 2014
Corporate
Government: Experts urge shareholders to promote good Corporate Governance
Shareholders
need to ensure that quoted companies comply with global best practices in
corporate governance to sustain long-term growth and accountability.
Published in The Nation Newspaper on Thursday, 27th
November 2014
Energy: Nigeria Employs
Satellitte to Chase $1bn Gas Flaring
Nigeria has started
using a satellite tracking system to help it bring in more than $1 billion a
year in fines which it could charge for illegal gas flaring.
Published in ThisDay Newspaper on Friday, 28th
November 2014
Environment:
Lawmakers fine Shell $4bn for 2011 Bonga Oil Spill
Nigeria's National
Assembly said on Wednesday oil major Shell should pay $3.96 billion for a 2011
spill at its offshore Bonga oilfield in the latest assessment of damage to the
environment.
Published in ThisDay Newspaper on Friday, 28th November 2014
Published in ThisDay Newspaper on Friday, 28th November 2014
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