#Agric: W’Bank
Distributes 25m Fingerlings to Boost Nigeria’s Fish Production
The West African Agricultural
Productivity Programme (WAAPP), a World Bank agricultural enhanced project has
distributed over 25 million fingerlings to farmers across the country.
WAAP also provided processing
equipment, including detachable smoking kiln, solar tent dryer and fish cooling
boxes to support the fish value chain.
Published in
the Thisday Newspaper on Sunday, 7th February, 2016
#Power: That
Africa May Have Sufficient Electricity, Dangote Champions Power Africa
Initiative
Dangote Group leading efforts to
significantly increase access to electricity in Africa through Power Africa, an
initiative of President Barack Obama, writes Kunle Aderinokun
Electricity is fundamental to
economic growth and development. It is a major driver of activities in an
economy. Developed nations have adequate supply of electricity while developing
ones struggle with electricity supply, with frequent power outages.
Electricity consumption per household
is a measure of economic development.
Published in
the Thisday Newspaper on Sunday, 7th February, 2016
#SDGs: FG
poised to achieve sustainable development in environment sector
THE federal government has
reiterated its commitment to the sustainable use and management of the
environment in the flight against poverty and food security.
The minister of Environment,
Amina Mohammed made the commitment in Abuja, when a business delegation from Finland,
led by the Finnish Deputy Minister for External Economic Relations, Mr. Matti
Anttonen paid her a courtesy visit.
Published in
the Vanguard Newspaper on Sunday, 7th February, 2016
#Award:
Ondo, GTBank, Etisalat, DLM others win consumersng awards
Ondo State, GTBank, Dunn Loren
Merrifield, Etisalat are among 16 corporate entities/governmental bodies listed
as the 20 Consumers Brands of the year by consumersng, an online platform
advocating for a consumer-centric ambience.
Published in
the Vanguard Newspaper on Sunday, 7th February, 2016
#CSR: DHL,
SOS sign 3-year pact on youth development
As part of its Corporate Social
Responsibility (CSR) to enhance the growth of Nigeria’s economy, DHL Global
Forwarding Nigeria, has invested a huge sum in SOS Children Villages in Nigeria
to support indigent children. DHL also admitted 12 youths from SOS to
participate in its intern-ship programmes, thereby exposing them to operational
activities of the company.
Published in
the Vanguard Newspaper on Sunday, 7th February, 2016
#Philanthropy: Dana Drugs
Donation
Dana Drugs
Limited, a foremost drugs manufacturing company in Nigeria, has donated a new
delivery van to the Ogun State Hospital Management Board.
The makers
of Paradana brand of Paracetamol made the donation on January 21, 2016, at the
Ogun State Ministry of Health Secretariat premises in Abeokuta, the state
capital.
Published in the Punch Newspaper
on Sunday, 7th February, 2016
#MoU: FG Signs MoU with NASCO
Foods on National School Feeding Programme
The federal
government, at the weekend signed a Memorandum of Understanding (MoU) with
NASCO Food limited, Jos, Plateau State, for commercial production of high
nutrient density biscuits to feed about 30 million school children below the
age of 13.
The Minister
of Science and Technology, Mr. Ogbonnaya Onu, who spoke at the signing ceremony
in Abuja, said the MoU was necessary in order to advance the implementation
process of government desires to enhance a healthy development of children
through the programme.
Published in the Thisday
Newspaper on Monday, 8th February, 2016
#Economy #Welfare: Implementation
of Welfare Programmes for the Poor Starts Once Budget is Passed
…Payments
for Conditional Cash Transfer directly to beneficiaries
Implementation
of the Welfare programme for the poor will begin immediately the 2016 budgets
is passed, Senior Special Assistant Media and Publicity in the Office of the
Vice President, Mr. Laolu Akande,has said.
Published in the Thisday
Newspaper on Monday, 8th February, 2016
#ICT: Harrybaker launches digital
learning passport
Harrybaker
Training Institute, an AXELOS and APMG accredited partner in IT Service
Management (ITSM), Project, Programme, Portfolio and Risk Management (PPRM),
has lunched her multi-media digital learning products to help working
professionals in private and public organisations break time, cost and location
barriers to learning.
Published in the Businessday
Newspaper on Monday, 8th February, 2016
#Award: Abuja Chamber of Commerce
and Industry (ACCI) announce 2016 Excellence Award Winners
The Abuja
Chamber of Commerce and Industry (ACCI) announced winners of the 2016
Excellence Awards in a press briefing recently.
Tony
Ejinkeonye, the Chamber president, during the press briefing in Abuja, said
that the Chamber is a non-profit and non-political organisation made up of
members drawn from businesses and institutions in Abuja and across the country.
He noted that the Chamber represents the common interests of the organised
private sector.
Published in the Businessday
Newspaper on Monday, 8th February, 2016
#ICT: Harvard alumni association
launches Technology Circle
As part of
its efforts to support the development of policy that affects the technology
space in Nigeria, Harvard Business School Association of Nigeria (HBSAN) has
launched its Technology circle.
Two leading
entrepreneurs in the industry and Harvard alumi, Raphael Afaedor and Collins
Onuegbu,will head the Technology Circle, according to a message from the
association.
Published in the Businessday
Newspaper on Monday, 8th February, 2016
#Empowerment:
US Consulate supports Street Foundation’s creative youth boot camp
Street Project Foundation, with
support from the US Consulate in Lagos, will hold a three-week Creative Youth
Boot Camp themed ‘Do what you love’. The camp is scheduled to take place from
April through to May 2016, at The Brook, 6, Point Road, Apapa GRA, Lagos. The
boot camp is expected to train 100 young people from ages 16 to25, on life
skills using performing Arts as the tool for engagement.
Published in
the Businessday Newspaper on Monday, 8th February, 2016
#SDGs:
Etisalat asks govt to prioritise goals
ETISALAT Nigeria has called on
all levels of government to prioritise meeting the critical development needs
of the nation in their renewed efforts at achieving the Sustainability
Development Goals agenda of the United Nations.
The Vice President, Regulatary
and Corporate Affairs, Etisalat Nigeria, Ibrahim Dikko, made the call in Abuja,
while speaking at the seventh edition of the thought leadership breakfast
series, Sustainable Conversations, organised by Thistle Praxis Consulting in
partnership with Etisalat Nigeria.
Published in
the Punch Newspaper on Tuesday, 9th February, 2016
#Economy:
CBN backs real sector with N1.3tn
THE Central of Nigeria says it has supported the real sector
of the economy to the tune of over N1.3tn as part of its efforts to tackle the challenges facing the economy.
The support, according to the CBN, includes the N300bn Real
Sector Support Facility; N220bn Micro-Small and Medium Enterprises Development
Fund; N75bn Nigeria Incentive-Based Risk Sharing System for Agricultural
Lending; and the N213bn Nigeria Electricity Market Stabilisation Fund.
Published in
the Punch Newspaper on Tuesday, 9th February, 2016
#Philanthropy:
Alakija presents N1bn building to Ajayi Crowther varsity
THE Alakija family has presented a building worth N1bn to the
Law Faculty of the Ajayi Crowther University, Oyo.
At the inauguration of the building, the state Governor,
Abiola Ajimobi, commended the couple, Mr. Modupe and Mrs. Folorunso Alakija,
for the gesture.
Published in
the Punch Newspaper on Tuesday, 9th February, 2016
#Health: Nigeria
gets snake bite neutraliser
FORMER Chief Medical Director, Gwagwalada
Specialist Hospital, Dr. Nandul Durfa has called on the Ministry of Health to
adopt Echitab to treat cases of local snake bites as it instantly neutralises
snake poison.
Durfa also claimed that the issue
of snake bite from carpet viper is a faster killer than Lassa fever and the
country has lost a significant number of persons daily basics of which the
government has paid no attention.
Published in
the DailySun Newspaper on Tuesday, 9th February, 2016
#Innovation: Nigerian in Diaspora unveils first
multi-lingua keyboard
AGAINST the backdrop of deploying technology to build the
nation, a Nigerian in diaspora, Ms Adebunmi Adeniran has come up with a
keyboard with 12 Nigerian languages to be used in all schools of the
federation.
Speaking with Daily Sun, recently, Adeniran who studied
Russian language alongside Italian and Yoruba language from the University of
Lagos, noted that most Nigerians are bi-lingual; they speak at least two
languages; it was based on that she conceived that idea.
Published in
the DailySun Newspaper on Tuesday, 9th February, 2016
#Infrastructure:
Nigeria solid minerals revenue may top N5trn annually on proper regulation
With support, proper regulaton and availability of crushing infrastructure,
Nigeria can generate at least N5 trillion annually from mining and export of
its vast solid mineral deposits.
This will have multiplier effects on job creation, government
revenue and growth.
Published in
the Business Day Newspaper on Tuesday, 9th February, 2016
#IndustryPulse: LagosHOMS repositions, strengthens
board with new GM
As part of efforts at repositioning and ensuring continuity
with improvement in the operations of the Lagos Home Ownership Mortgage Scheme
(LagosHOMS), the state government has approved the appointment of Dehinde Tunwashe
as the new General Manager of board of the company-the Lagos Mortgage Board
(LMB).
Published in
the Business Day Newspaper on Tuesday, 9th February, 2016
Empowerment: ICAN drives entrepreneurship
prospects for members to boost productivity
In a bid to deepen entrepreneurship capacity amid the growing
economic uncertainties in the country today, The Institute of Chartered
Accountants of Nigeria through its entrepreneurship initiative organised a
seminar to broaden the productivity level of members.
Published in
the Business Day Newspaper on Tuesday, 9th February, 2016
#Industry Pulse: Microsoft showcases
continuum with launch of Lumia 950, 950XL in Nigeria
Microsoft Nigeria has unveiled two
of its latest Windows 10 mobile flagship smartphones; Lumia 950 and 950 XL,
which share the same code-base with Windows 10 desktop OS.
These are the newest flagship
devices to join the Lumia portfolio and the first to ship with windows 10, the
Lumia 950 and Lumia 950 XL deliver a familiar and consistent experience that
extends across your Windows devices, including innovation features like Windows
Hello beta for Lumia and Continuum for phones.
Published in
the Business Day Newspaper on Tuesday, 9th February, 2016
#Innovation: CloudWare Technologies create online solution for access
to Forex
As a solution to the unavailability of foreign currencies to
people who require the for genuine and important reasons, a platform, Sabo.ng has been created
by CloudWare Technologies, the brains behind the Ebola Prevention App and
Nigeriadecide.org.
Published in
the Business Day Newspaper on Tuesday, 9th February, 2016
#Technology:
Pipeline sabotage validates adoption of advanced technology in monitoring
Adoption of advanced technologies in pipeline monitoring can reduce the
prevalence of pipeline vandalism said to be costing Nigeria 470 million daily
loss of revenue.
BusinessDay Investigation revealed that oil producing countries are
taking proactive steps to protect their critical infrastructure.
Published in the Business
Day Newspaper on Tuesday, 9th February, 2016
#MSMEs: Corruption,
others stifle MSMEs growth, say World Bank
THE World Bank Country Programme
Director, Nigeria, Mr. Rachid Benmessaoud yesterdat said survey has ranked
access to finance, power, infrastructure, taxes and corruption as major constraints
to the growth of Micro Small and Medium Enterprises.
Benmessaoud spoke during the
launch of Business Innovation and Growth (BIG) platform in partnership with
Growth and Employment Project (GEM) World Bank Group in Abuja, stating that the
project is aimed at stimulating job creation.
Published in
the Nation Newspaper on Wednesday, 10th February, 2016
#Energy: ‘Refineries
to resume month end’
NIGERIA’S refineries are expected
to restart before the end of the month after attacks on their feedstock
pipelines forced their closure in January, the head of refining at the state
oil company said yesterday.
The oil company halted crude
flows to the refineries around mid-January after the key pipelines feeding the
plants were attacked. The refineries were then shut down a few days later.
Published in
the Nation Newspaper on Wednesday, 10th February, 2016
#IndustryPulse
#Infrastructure: Obasanjo opens BAT’s head office
FORMER President Olusegun Obasanjo has described the
commissioning of British American Tobacco Nigeria head office, which is located
in Ikoyi, Lagos, as a major milestone and also a testament to government’s
efforts geared towards attracting foreign direct investment (FDI). Tracing the
return of BAT to Nigeria, which began with the signing of a Memorandum of
Understanding between the government and the company in 2001, Chief Obasanjo
said BAT was among the first companies that heeded his government’s invitation
to invest in Nigeria.
Published in
the Nation Newspaper on Wednesday, 10th February, 2016
#Infrastructure:
‘$4.5b Ajaokuta Steel Mill ‘ll be completed this year’
NIGERIA is
aiming to hand over the $4.5 billion Ajaokuta steel complex to private operators
this year as part of a plan to kick start its industrial and mining industries,
Minister of Solid Minerals Development Dr. Kayode Fayemi has said.
Published in
the Nation Newspaper on Wednesday, 10th February, 2016
#CSR: Residents of Ayedun community in Ikole Local
Government Area of Ekiti are excited about a local health insurance scheme
initiated by Nigerian Medical Association (NMA) Dr. Kayode Obembe
NIGERIAN Medical Association (NMA) president, Dr. Kayode
Obembe has given his kinsmen in Odo-Ayedun, a rustic community in Ikole Local
Government Area of Ekiti State something to cheer about by making affordable
health care delivery accessible to them.
Published in
the Nation Newspaper on Wednesday, 10th February, 2016
#Economy: Naira drops further to
318/dollar as stocks rise
THE naira on Wednesday continued its fall against major currencies
on the parallel market, closing at 318 against the United State dollar.
Mature obligation overseas companies by Nigeria importers,
causing acute shortage of foreign exchange have reportedly made the naira to
fall further on Wednesday.
But the stock index climbed up to 24,000 points for the first
time in almost a month, according to a report by Reuters.
Published in
the Punch Newspaper on Thursday, 11th February, 2016
#IndustryPulse: Wema
Bank gets ISO certification
WEMA Bank has been awarded two of the International
Organisation for Standardization’s certifications by the British Standard
Institute, one of the leading organisations in audit management systems and
processes.
The bank, in a statement, described the certification as the
world’s highest accreditation for information security and service management.
Published in
the Punch Newspaper on Thursday, 11th February, 2016
#Power: Eko Disco targets 200,000
meters this year
EKO Electricity Distribution Company Plc has said the number
of smart prepaid meter supplied to its customers will reach 200,000 by the end
of this year.
The company, which is one of the 11 distribution companies in
the country, said it had already supplied 46,000 meters to some of the customers
following the take-over of the company in November 2013
Published in
the Punch Newspaper on Thursday, 11th February, 2016
#Power: Lagos
plans own electricity grid
THE Lagos State Government is
planning to have its own electricity grid as part of its ‘Light Up Lagos’
initiative aimed at providing regular power supply in the state.
The Commissioner for Energy and
Mineral Resources, Mr. Olawale Oluwo, who disclosed this at a briefing, said
the state’s Governor Akinwunmi Ambode had in December inaugurated a Light Up
Lagos Committee.
Published in
the Punch Newspaper on Thursday, 11th February, 2016
#Energy: Nigeria’s
LNG export to East Asia falls
NIGERIAN Liquefied Natural Gas
was exported to a wider range of destinations last year, Eclipse data showed,
with less material being sent to East Asia following a steep decline in Japan/Korea
Market prices, partly as a result of new liquefaction capacity in Asia Pacific.
Published in
the Punch Newspaper on Thursday, 11th February, 2016
#ICT: Nigeria
loses N1trn annually to importation of software devices – ONC
Nigeria loses over N1 trillion in
foreign exchange annually to the importation of ICT devices and software, the
Office for the Nigeria Content Development in ICT (ONC) has said.
ONC’s national coordinator, Mr.
Inye Kemabonta, who revealed this at a press conference in Abuja yesterday,
said Nigeria lost N250 billion to the importation of foreign software, and
N750bn to the importation of hardware.
Published in
the Daily Trust Newspaper on Thursday, 11th February, 2016
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