CSR News Summary Issue 102

Agriculture: N1bn lost daily to Rice Importation

The Federal Government has said that the country loses about N1 billion everyday from importation of rice, even as it assured that Nigeria will soon stop importing the grains.

Published in ThisDay Newspaper on Monday, 23^rd March, 2015

Education: Enugu to recruit Primary School Teachers

Worried by the decline in the number of primary scholl teachers across the local government areas in the state, Enugu State government has announced its plan to recruit 5,000 teachers to fill existing vacancies.

Published in ThisDay Newspaper on Monday, 23^rd March, 2015

Award: 100 Students get Peace Scholarship Awards

Not less than 100 students from the University of Nigeria, Nsukka, and other Nigerian universities have benefitted from the Peace Mass Transmit Scholarship Scheme under the auspices of Samuel Maduka Onyishi African Entrepreneurship Foundation.

Published in ThisDay Newspaper on Monday, 23^rd March, 2015

Award: Stanbic IBTC Bank Wins Award

Stanbic IBTC Bank Limited has been named the ‘cashless champion of the year’ by MasterCard.

Published in ThisDay Newspaper on Monday, 23^rd March, 2015

Agriculture: Work Plan to increase Agric Cooperatives Access to Funds Underway

To ensure that agricultural co-operatives benefit from micro, small and medium enterprise development fund of the Central Bank of Nigeria, the federal government through the Ministry of Agriculture has directed the Director of Cooperatives to immediately produce a clear work plan to enable farmers to access loan.

Published in The Punch Newspaper on Tuesday, 24^thMarch, 2015

Empowerment: Abia to Sustain Youth Empowerment Scheme

Abia State Government has pledged to sustain its youth empowerment programme, geared towards engaging youths and other unemployed people in the society in meaningful ventures. 

Published in The Punch Newspaper on Tuesday, 24^th March, 2015

ICT: Universal Broadband is Achievable, says Etisalat Boss

The Chief Executive Officer of Etisalat Group has said universal broadband is a real target that could be achieved through public private partnerships to promote greater digital, social and financial inclusion in the developing world.

Published in The Punch Newspaper on Tuesday, 24^th March, 2015

Revenue: Government Revenue drops by N80.248b

The implementation of the yet to be passed 2015 Federal Government Budget may have run into a hitch as revenue to the Federation Account dipped by over N80.248 billion for last month when compared with that of last December, thus setting a stage for funding challenges, SURE-P being the first programme to get a zero allocation.

Published in The Punch Newspaper on Tuesday, 24^th March, 2015

 

Education: OIS boosts teachers knowledge through Specialist Training

In its continuous efforts to blaze the trail in the education sectir in Nigeria, Olashore International School has started a special training programme for carefullys elected teachers across the country.

Published in The Nation Newspaper on Wednesday, 25^th March, 2015

Financial Literacy: Junior Achievement, CBN drive Financial Literacy among students

Junior Achievement Nigeria as part of its dedication to build a financial literate generation will partner Central Bank of Nigeria in celebrating Global Money Week with Financial Literacy Day.

Published in The Nation Newspaper on Wednesday, 25^th March, 2015

Environment: Group wants justice for Ogoni Communities over Oil Spill

In the Niger Delta, half of the oil spills is said to be due to corrosion of the pipelines. Some of the spill incidents are as a result of poor facilities maintenance, lack of supervision and protection of facilities.

Published in The Nation Newspaper on Wednesday, 25^th March, 2015

SMEs: Access Bank trains SMEs on Financial Management

Access Bank Plc has trained the Small and Medium Enterprises operators on the basic methods of business and financial management to position them for access to finance and business continuity.

Published in The Nation Newspaper on Wednesday, 25^th March, 2015

Health: Ecobank supports NACA to fight HIV/AIDS

Ecobank Nigeria and the National Agency for the control of AIDS have collaborated to fight the deadly disease and ensure the delivery of better healthcare services.

Published in ThisDay Newspaper on Thursday, 26^th March, 2015

Health: More evidence back preventing HIV infection in high-risk persons with AIDS Drugs

The proposed plan by the National Agency for Control of AIDS (NACA) and its global partners to give anti-retroviral drugs to high risk persons, especially men having sex with men, to prevent new Human Immuno-deficiency Virus infections.

Published in ThisDay Newspaper on Friday, 26^th February, 2015

Health: Nigerians Urged to Take Preventive Health Care Seriously

Disturbed by the World Health Organisation’s (WHO) prediction that if care is not taken, by 2030, non-communicable diseases (NCDs) are projected to cause nearly five times as many deaths worldwide

Published in ThisDay Newspaper on Friday, 27^th February, 2015

Investment: African Capital, Samages Investments boost economic growth

African Capital Alliance says it has collaborated with Samages Investments Limited to boost economic growth by commencing the development of a 12-storey office complex in Ikoyi, Lagos. African Capital Alliance, an independent private equity firm investing across the West African region, has over $700m in assets under management.

Published in ThisDay Newspaper on Friday, 27^th February, 2015

Financial Inclusion: First Bank restates commitment to financial inclusion

First Bank of Nigeria Limited says it is committed to driving financial literacy among the youth and the unbanked segment of the economy.

Published in ThisDay Newspaper on Friday, 27^th February, 2015

CSR News Summary Issue 101

Agriculture: Our 2Fish-Fingering Stocking Capacity Can Make Impact

With the massive degradation of the environment and unending oil spillage in the Niger Delta, finding table fish, either from fresh water or marine ecosystem, in naturally likely places is slimmer by the day.

Published in ThisDay Newspaper on Monday, 23rd February, 2015

Agriculture: WAAPP Partners FIIRO on Agro-Industrial Research, Technology Development

The National Project Coordinator of West African Agricultural Productivity, Prof. Damian Chikwendu has pledged his agency support with the Federal Institute of Industrial Research Oshodi in the are of agro-industrial research and technology development.

Published in ThisDay Newspaper on Monday, 23rd February, 2015

Award: Konga.com bags 2nd most Innovative Award in Nigeria

A business media brand, Fast Company, has honoured Konga.com as the second most innovative company in Nigeria.

Published in ThisDay Newspaper on Monday, 23rd February, 2015

Environment: Lagos residents want government to upgrade ‘Fasehun Bridge’

Residents of Okota in Lagos are pleading with the authorities to help upgrade an improvished bridge attracted to the area by a private individual

Published in The Punch Newspaper on Tuesday, 24th February, 2015

Sustainability: FirstBank attains ISO22301 recertification on business community management

First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc has achieved the recertification of the international Business Continuity.

Published in The Punch Newspaper on Tuesday, 24th February, 2015

Power: Lack of Electricity stuncts Economic Growth, says World Bank

The World Bank has described poor electricity supply as a major retarding factor to economic growth in sub-Saharan Africa.

Published in The Punch Newspaper on Tuesday, 24th February, 2015

Empowerment: Abia to Sustain Youth Empowerment Scheme

Abia State Government has pledged to sustain its youth empowerment programme, geared towards engaging youths and other unemployed people in the society in meaningful ventures. 

Published in The Punch Newspaper on Tuesday, 24th February, 2015

ICT: Strategic ICT deployment will shore up varsities global competitiveness

Going by the strategic importance of information and communication, not a few education watchers have underscored its relevance to the nation’s education sector. 

Published in The Nation Newspaper on Wednesday, 25th February, 2015

Agriculture: Private sector driving, unlocking the gems in Nigeria Agricultural sector

Investment by the Private sector in the country has increased immensely since the revolution of the sector. The Private sector which is the engine of growth has being driving and unlocking the opportunities that abounds in the sector. 

Published in The Nation Newspaper on Wednesday, 25th February, 2015

Philanthropy: US donates $2m to Nigeria’s Safe Schools Initiative

The United States on Thursday signed a Memorandum of Understanding (MoU) with the Federal Government to contribute $2 million to Nigeria’s Safe Schools Initiative (SSI) set up to meet the education needs of thousands of children affected by ongoing conflict in the country’s North East region.

Published in The Nation Newspaper on Wednesday, 25th February, 2015

Agriculture: FG targets extra 2.9 million metric tonnes

The Minister of Agriculture and Rural Development has said about 2.9 million metric tonnes of high quality milled rice will add to the existing stock in the country.

Published in The Daily Independent Newspaper on Thursday, 26th February, 2015

Industry Pulse: Wema Bank names new Directors

Wema Bank Plc has announced the appointment of four new directors, in a bid to position the bank for further growth.

Published in The Daily Independent Newspaper on Thursday, 26th February, 2015

Grant: Agricultural College receives Grant

The Federal College of Agriculture, Akure has been awarded a grant by the Federal University of Agriculture, Abeokuta, Ogun State.

Published in The Guardian Newspaper on Thursday, 26th February, 2015

Revenue: Government Revenue drops by N80.248b

The implementation of the yet to be passed 2015 Federal Government Budget may have run into a hitch as revenue to the Federation Account dipped by over N80.248 billion for last month when compared with that of last December, thus setting a stage for funding challenges, SURE-P being the first programme to get a zero allocation.

Published in ThisDay Newspaper on Friday, 27th February, 2015

Health: More evidence back preventing HIV infection in high-risk persons with AIDS Drugs

The proposed plan by the National Agency for Control of AIDS (NACA) and its global partners to give anti-retroviral drugs to high risk persons, especially men having sex with men, to prevent new Human Immuno-deficiency Virus infections.

Published in ThisDay Newspaper on Friday, 27th February, 2015

Health: Nigeria’s daily subsidy on fuel hits N1.5 billion

Federal Government’s Subsidy on a litre of fuel has increased from N15.82k it recorded one week ago to N30.05k at an exchange rate of N199 to a dollar as at yesterday.

Published in ThisDay Newspaper on Friday, 27th February, 2015

Power: Discos support power generation with 273MW

Four power firms which were granted embedded generation licences now contribute additional 273 megawatts to improve power supply in some parts of the country. 

Published in ThisDay Newspaper on Friday, 27th February, 2015

Power: Firms inject N300b fresh fund into Power Sector

The new investors in the electricity generation and distribution companies have injected over N300 billion into the power sector in the last one and half years.

Published in ThisDay Newspaper on Friday, 27th February, 2015

SME: Support for SMEs now urgent, says Heritage Bank

Heritage Bank Limited said there  is no better time to support the nation’s fledgling Small and Medium Enterprises (SMEs) sub-sector than now when the tide of economic challenges is on the rise.

Published in ThisDay Newspaper on Friday, 27th February, 2015

Capacity Building: NAPTIN, NSE to expand training capacity in Power Sector

Nigeria is expanding its local capacity to train technical workforce for the power sector, while aiming to become a regional hub for required expertise to electric power drive.

Published in ThisDay Newspaper on Friday, 27th February, 2015

Agriculture: Our 2Fish-Fingering Stocking Capacity Can Make Impact

With the massive degradation of the environment and unending oil spillage in the Niger Delta, finding table fish, either from fresh water or marine ecosystem, in naturally likely places is slimmer by the day.

Published in ThisDay Newspaper on Monday, 23rd February, 2015

Agriculture: WAAPP Partners FIIRO on Agro-Industrial Research, Technology Development

The National Project Coordinator of West African Agricultural Productivity, Prof. Damian Chikwendu has pledged his agency support with the Federal Institute of Industrial Research Oshodi in the are of agro-industrial research and technology development.

Published in ThisDay Newspaper on Monday, 23rd February, 2015

Award: Konga.com bags 2nd most Innovative Award in Nigeria

A business media brand, Fast Company, has honoured Konga.com as the second most innovative company in Nigeria.

Published in ThisDay Newspaper on Monday, 23rd February, 2015

Environment: Lagos residents want government to upgrade ‘Fasehun Bridge’

Residents of Okota in Lagos are pleading with the authorities to help upgrade an improvished bridge attracted to the area by a private individual

Published in The Punch Newspaper on Tuesday, 24th February, 2015

Sustainability: FirstBank attains ISO22301 recertification on business community management

First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc has achieved the recertification of the international Business Continuity.

Published in The Punch Newspaper on Tuesday, 24th February, 2015

Power: Lack of Electricity stuncts Economic Growth, says World Bank

The World Bank has described poor electricity supply as a major retarding factor to economic growth in sub-Saharan Africa.

Published in The Punch Newspaper on Tuesday, 24th February, 2015

Empowerment: Abia to Sustain Youth Empowerment Scheme

Abia State Government has pledged to sustain its youth empowerment programme, geared towards engaging youths and other unemployed people in the society in meaningful ventures. 

Published in The Punch Newspaper on Tuesday, 24th February, 2015

ICT: Strategic ICT deployment will shore up varsities global competitiveness

Going by the strategic importance of information and communication, not a few education watchers have underscored its relevance to the nation’s education sector. 

Published in The Nation Newspaper on Wednesday, 25th February, 2015

Agriculture: Private sector driving, unlocking the gems in Nigeria Agricultural sector

Investment by the Private sector in the country has increased immensely since the revolution of the sector. The Private sector which is the engine of growth has being driving and unlocking the opportunities that abounds in the sector. 

Published in The Nation Newspaper on Wednesday, 25th February, 2015

Philanthropy: US donates $2m to Nigeria’s Safe Schools Initiative

The United States on Thursday signed a Memorandum of Understanding (MoU) with the Federal Government to contribute $2 million to Nigeria’s Safe Schools Initiative (SSI) set up to meet the education needs of thousands of children affected by ongoing conflict in the country’s North East region.

Published in The Nation Newspaper on Wednesday, 25th February, 2015

Agriculture: FG targets extra 2.9 million metric tonnes

The Minister of Agriculture and Rural Development has said about 2.9 million metric tonnes of high quality milled rice will add to the existing stock in the country.

Published in The Daily Independent Newspaper on Thursday, 26th February, 2015

Industry Pulse: Wema Bank names new Directors

Wema Bank Plc has announced the appointment of four new directors, in a bid to position the bank for further growth.

Published in The Daily Independent Newspaper on Thursday, 26th February, 2015

Grant: Agricultural College receives Grant

The Federal College of Agriculture, Akure has been awarded a grant by the Federal University of Agriculture, Abeokuta, Ogun State.

Published in The Guardian Newspaper on Thursday, 26th February, 2015

Revenue: Government Revenue drops by N80.248b

The implementation of the yet to be passed 2015 Federal Government Budget may have run into a hitch as revenue to the Federation Account dipped by over N80.248 billion for last month when compared with that of last December, thus setting a stage for funding challenges, SURE-P being the first programme to get a zero allocation.

Published in ThisDay Newspaper on Friday, 27th February, 2015

Health: More evidence back preventing HIV infection in high-risk persons with AIDS Drugs

The proposed plan by the National Agency for Control of AIDS (NACA) and its global partners to give anti-retroviral drugs to high risk persons, especially men having sex with men, to prevent new Human Immuno-deficiency Virus infections.

Published in ThisDay Newspaper on Friday, 27th February, 2015

Health: Nigeria’s daily subsidy on fuel hits N1.5 billion

Federal Government’s Subsidy on a litre of fuel has increased from N15.82k it recorded one week ago to N30.05k at an exchange rate of N199 to a dollar as at yesterday.

Published in ThisDay Newspaper on Friday, 27th February, 2015

Power: Discos support power generation with 273MW

Four power firms which were granted embedded generation licences now contribute additional 273 megawatts to improve power supply in some parts of the country. 

Published in ThisDay Newspaper on Friday, 27th February, 2015

Power: Firms inject N300b fresh fund into Power Sector

The new investors in the electricity generation and distribution companies have injected over N300 billion into the power sector in the last one and half years.

Published in ThisDay Newspaper on Friday, 27th February, 2015

SME: Support for SMEs now urgent, says Heritage Bank

Heritage Bank Limited said there  is no better time to support the nation’s fledgling Small and Medium Enterprises (SMEs) sub-sector than now when the tide of economic challenges is on the rise.

Published in ThisDay Newspaper on Friday, 27th February, 2015

Capacity Building: NAPTIN, NSE to expand training capacity in Power Sector

Nigeria is expanding its local capacity to train technical workforce for the power sector, while aiming to become a regional hub for required expertise to electric power drive.

Published in ThisDay Newspaper on Friday, 27th February, 2015

CSR News Summary Issue 100

Renewable Energy - How Realistic Is Nigeria's Vision?

Nigeria has set out an ambitious project to have energy sufficiency by tapping renewable energy in villages across its 36 states. Africa's largest oil producer is grappling with a serious energy crisis.

Published in ThisDay Newspaper on Monday, 9^th February, 2015

Power: Local firms to provide one million meters

Indigenous manufacturers of electricity meters will provide one million units of the product for power consumers across the country, the Federal Government has said.

Published in ThisDay Newspaper on Monday, 9^th February, 2015

Power: Discos Embrace Embedded Generation to meet Electricity Demands

In a bid to redeem their battered image, electricity distribution companies (DISCOs) have embraced embedded generation as an additional means of power supply.

Published in ThisDay Newspaper on Monday, 9^th February, 2015

Agriculture: FG Reiterates Commitment to Ban Fertiliser Importation

The Minister of National Planning Commission (NPC), Dr. Abubakar Sulaiman, has said the federal government will soon introduce a policy that will ensure that products, which the country has comparative advantage to produce, particularly fertiliser, are not imported into the country.

Published in The Punch Newspaper on Tuesday, 10^th February, 2015

Infrastructure: FG Begins Moves to Privatize Transport Sector

Moves to begin the privatisation of the transport sector of the economy have started with the initiation of the relevant bills that will shape the sector.

Published in The Punch Newspaper on Tuesday, 10^th February, 2015

Oil: Oil prices threaten investments in Nigeria’s upstream sector

The lull in global oil market characterised by increased output and low crude oil prices has started to discourage crude oil exploration in Nigeria and other parts of the world.

Published in The Punch Newspaper on Tuesday, 10^th February, 2015

Oil: Exploration stalls in Africa as Oil Price Declines

The dash for resources that saw explorers invest billions of dollars to tap promising oil fields from Ghana on the West Coast to Tanzania on the East is stalling as the global drop in crude prices pushes drillers to reconsider the high costs of exploration on the continent.

Published in The Punch Newspaper on Tuesday, 10^th February, 2015

Industry Pulse: NESG Director chairs APCON

Speaking on his appointment, Ufot said he felt honoured with the opportunity to serve as the new APCON chairman.

Published in The Nation Newspaper on Wednesday, 11^th February, 2015

Power: Transition Electricity Market takes off

The Nigerian Electricity Supply Industry (NESI) on February 1, 2015 attained the much awaited Transition Stage Electricity Market (TEM), whereby wholesale buying and selling of electricity is based on contractual and regulatory rules.

Published in The Nation Newspaper on Wednesday, 11^th February, 2015

Power: NERC to unveil new rules in Power Sector

The Nigerian Electricity Regulatory Commission (NERC) has issued a new order directing all electricity market participants on the take-off of the Transitional Stage of the Electricity Market (TEM).

Published in The Nation Newspaper on Wednesday, 11^th February, 2015

Partnership: BoI partners NASENI on SMEs’ Technological Development

The Bank of Industry (BoI) has said it was ready to provide fund to support any small and medium enterprise operator wishing to adopt technological innovations produced by the National Agency for Science Engineering Infrastructure (NASENI).

Published in The Daily Independent Newspaper on Thursday, 12^th February, 2015

SMEs Development: FG reiterates commitment to SMEs Development

President Goodluck Jonathan has reiterated his administration’s commitment to the development of small and Medium Enterprises in the country.

The President said the sub-sector has the potential to create jobs for the teeming unemployed youths.

Published in The Daily Independent Newspaper on Thursday, 12^th February, 2015

Award: British Council Enterprise competition winners emerge

The British Council in partnership with Virgin Atlantic Airways and Zenith Bank in 2014 launched the maiden edition of its online competition tagged: “Enterprise challenge.” 

Published in The Guardian Newspaper on Thursday, 12^th February, 2015

Education: School support seminar holds in Lagos

The seventh edition of the African education show, Total School Support Seminar and Exhibition (TOSSE) is expected to bring over 7, 000 education professionals from various parts of Africa together.

Published in ThisDay Newspaper on Friday, 13rd February, 2015

Industry Pulse: Ogbechie is Diamond Bank’s New Chairman

Diamond Bank Plc, on Wednesday announced the appointment of Dr. Chris Ogbechie as the new Chairman of the Board of Directors following the retirement of Igwe Ugochukwu Nnaemeka Achebe who has led the Board since January 1, 2007.

Published in ThisDay Newspaper on Friday, 13^th February, 2015

Health: Health sector strike worsened cancer situation –Oncologist

Nigeria joined the rest of the world to mark the World Cancer Day last week, amidst astonishing report that 240 people die each day from the scourge. 

Published in ThisDay Newspaper on Friday, 13^th February, 2015

Power: Discos support power generation with 273MW

Four power firms which were granted embedded generation licences now contribute additional 273 megawatts to improve power supply in some parts of the country. 

Published in ThisDay Newspaper on Friday, 13^th February, 2015

Investment: Nigerians’ investment in stocks drops by N2.4tn

The amount of domestic investment on the Nigerian Stock Exchange has recorded a decline of N2.4tn or 68.5 per cent in the last seven years. 

Published in ThisDay Newspaper on Friday, 13^th February, 2015

CSR News Summary Issue 99

Industry Pulse: New Managing Director Appointed for Shell Nigeria

A new Managing Director has been appointed for Shell Petroleum Development Company of Nigeria Limited (SPDC), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and Royal Dutch Shell.

Published in ThisDay Newspaper on Monday, 26^th January, 2015

Industry Pulse: SEC Announces Exit of Oteh as Director - General

The Securities and Exchange Commission (SEC) on Sunday announced the exit of Ms. Arunma Oteh as the commission’s Director-General.

The commission made the disclosure in a statement issued by its management and made available to the News Agency of Nigeria (NAN) in Lagos.

 Published in ThisDay Newspaper on Monday, 26^th January, 2015

Award: CWG wins VMware Solution Provider Award

Computer Warehouse Group Plc (CWG) has been recognised as the Solution Provider of the Year and Renewals Partner for the Year in the entire West, East and Central Africa (WECA) at the annual VMware Channels award ceremony recently held in Johannesburg, South Africa.

Published in ThisDay Newspaper on Monday, 26^th January, 2015

Industry Pulse: Chams Appoints New Director, CFO

Leading technology firm, Chams Plc, has announced the appointment of Dr. Josephine Awosika (MFR) to its Board of Directors. The company also named Mrs. Christianah Olaniyan as its new Chief Financial Officer (CFO).

Published in ThisDay Newspaper on Monday, 26^th January, 2015

Award: GTBank Bags ‘Best Corporate Governance, Africa’ Award

Guaranty Trust Bank Plc, has been awarded ‘Best Corporate Governance, Africa’, for the Financial services category by the Ethical Boardroom Magazine UK.

Published in ThisDay Newspaper on Monday, 26^th January, 2015

Technology: Schneider highlights Limitations of Solar Energy

Schneider Electrics last week said that even as solar energy is considered one of the best options to the grid electricity generation, the problem with it was the space. 

Published in The Punch Newspaper on Tuesday, 27^th January, 2015

Energy: Seplat sees 30% earnings from gas by 2017 on Nigeria reforms

Seplat Petroleum Development Co., Nigeria’s largest listed indigenous Exploration and Production firm sees revenues from gas making up 30 percent of its earnings by 2017 on reforms that have moved prices to$2.50/1,000 Mcf from as low as 0.7 cents in 2007.  Published in The Punch Newspaper on Tuesday, 27^th January, 2015

Oil: Exploration stalls in Africa as Oil Price Declines

The dash for resources that saw explorers invest billions of dollars to tap promising oil fields from Ghana on the West Coast to Tanzania on the East is stalling as the global drop in crude prices pushes drillers to reconsider the high costs of exploration on the continent.

Published in The Punch Newspaper on Tuesday, 27^th January, 2015

Industrial Development: Amaecom seeks government’s assistance over Industrial Development

The Management of Amaecom Global Limited, an asset financing firm, has solicited the assistance of the Akwa Ibom State government in its efforts to contribute toward the industrial development of the state.

Published in The Guardian Newspaper on Wednesday, 28^th January, 2015

Power: Egbin Power invests N50bn, targets 10,000MW

Egbin Power Plc says it is targeting 10,000 megawatts even as it said to have invested N50 billion to rehabilitate one of the six steam turbine units which now has the capacity to generate 220MW.

Published in The Guardian Newspaper on Wednesday, 28^th January, 2015

Power: NERC grants firm licence for 500mw Power Plant

The Nigerian Electricity Regulatory Commission (NERC) has granted an operating licence to Trombay Limited for a 500 Megawatts.

Published in The Guardian Newspaper on Wednesday, 28^th January, 2015

SMEs Development: BoI partners 10 Banks on SME Financing

Operators of Small and Medium Enterprises (SMEs) in the country would soon heave a sigh of relief as the problem of funding, which has retarded the growth of the sub-sector, is being critically addressed.

Published in The Guardian Newspaper on Thursday, 29^th January, 2015

SMEs Development: Entrepreneurs to tap from Germans experience on SME Development

Nigeria is collaborating with the Federal Republic of Germany on a new strategy to enhance trade facilitation and on the development of micro, small and medium enterprises.

Published in The Guardian Newspaper on Thursday, 29^th January, 2015

Industry Pulse: NOTAP expands, gets 1^st substantive Directors, 35 years after

National Office for Technology Acquisition and Promotion, NOTAP, has promoted six staff to the position of substantive Directors to head six departments.

Published in The Guardian Newspaper on Thursday, 29^th January, 2015

Power: Presidency orders new sources of Power Supply to Borno

The Minister of State for Power, Alhaji Mohammed Wakil, on Thursday said the presidency had directed the ministry to open two additional sources of power transmission from the national grid to Borno State.

Published in ThisDay Newspaper on Friday, 30^th January 2015

Industry Pulse: Ogbechie is Diamond Bank’s New Chairman

Diamond Bank Plc, on Wednesday announced the appointment of Dr. Chris Ogbechie as the new Chairman of the Board of Directors following the retirement of Igwe Ugochukwu Nnaemeka Achebe who has led the Board since January 1, 2007.

Published in ThisDay Newspaper on Friday, 30^th January 2015

Economy: NBS reduces Nigeria’s economy growth forecast to 5.54 percent

The National Bureau of Statistics (NBS) expects economic growth this year to be 5.54 percent, down from an estimated 6.23 percent for 2014, after the government trimmed its expenditure following a slump in the price of oil.

Published in ThisDay Newspaper on Friday, 30^th January 2015

Environment: Kebbi communities urged to plant trees against Flood

Kebbi communities ravaged by flooding during the last rainy season have been called upon to plant trees to prevent high level of devastation.

Published in ThisDay Newspaper on Friday, 30^th January 2015