Switchover to Digital Broadcasting in Nigeria Set for 2014 – Official

The Presidential Committee on the Transition from Analogue to Digital Broadcasting in Nigeria has announced the first half of 2014 as the period for a switchover to digital broadcasting. This disclosure was made by Edward Amana, Chairman of the Committee,

Heritage Bank Reiterates Vow to Return Trapped Deposits in Societe Generale

Heritage Bank has announced again that it will refund 100% of customers’ deposits trapped in the defunct Societie Generale Bank of Nigeria, SGBN, if proof of such is provided. The Managing Director of the Bank, Ifie Sekibo made this known

MTN Partners with Jumia to Provide Shoppers Free Internet Access

MTN Nigeria has partnered with Jumia to provide customers six months free internet, on smartphones purchased from Jumia’s e-store. The partnership will enable online store customers who purchase any internet-enabled phone to receive the free service for the period during

Nigeria Gets $500M Boost for Educational Development

The Nigerian education sector will get $500 million from a pool of global support, according to an announcement by the United Nations Special Envoy on Global Education and former British Prime Minister, Gordon Brown. He visited Abuja, and held a

Main One Gets $550K USTDA Grant for Undersea Fiber Optic Expansion

Main One Cable Company, Nigeria, has just received a $550,000 grant from the United States Trade and Development Agency (USTDA) for the extension of marine fiber optic cables to the Niger Delta. Mr. Jeffrey Hawkins, US Consul General in Lagos,

Nigeria is 82nd Happiest Country in the World – Report

The second edition of the World Happiness Report, by Sustainable Development Solutions Network, a global initiative of the United Nations, has been released. The report, which spans the 2010 – 2012 period, ranks Nigeria as the 82nd happiest country in

Dangote Group to Build $400M Cement Factory in Kenya – Presidency

The office of the President of Kenya, released a statement over the weekend, during President Goodluck Jonathan’s state visit to Kenya, that Dangote Group has signed an agreement to build a new cement factory in Kenya that will cost $400

Kenya Offers Oil blocs, Visas to Nigerian Investors

President Goodluck Jonathan was on a state visit at the weekend to Kenya, where he met with his Kenyan counterpart President Uhuru Kenyatta, Kenyan businesses leaders, and the Nigerian community there. There were several bilateral and trade agreements signed, and

Microsoft to Launch MSN Nigeria Portal

Microsoft has partnered with Kagiso Media to launch a localized version of MSN in Nigeria. The company made the announcement recently at a media conference, explaining the impact it would have on digital news distribution in Nigeria. Speaking at the

Nigeria, Other African Countries, Prepare for Digital Broadcasting

Forty-seven countries in sub-Saharan Africa have said they would set up the mechanism to deploy digital television, and hope to make the switch by 2015. The International Telecommunications Union (ITU) released a statement recently following a meeting it held with

FG to disburse N15Bn Agriculture Loan

Vice President Namadi Sambo has disclosed that the Federal Government has approved N15 billion as grant through the Bank of Agriculture (BOA) for farmers at single digit interest rate for the 2013 farming season. He made this known on Thursday

President Jonathan embarks on state trip to Kenya

President Goodluck Jonathan is on a three-day state visit to Kenya, at the invitation of President Uhuru Kenyatta. This visit is expected to boost diplomatic relations between Nigeria and Kenya and expansion of cooperation in areas of trade, economic development,

UBA Considering $2Bn Investment in Power Sector

The Chief Executive Officer of United Bank for Africa (UBA), Phillips Oduoza, has said the bank is looking to invest $2 billion in the power sector in Nigeria and across Africa. He revealed that the bank has already invested $700

WAEC Malpractice to Attract 5yr Imprisonment – Minister

The Minister of Education, Prof. Ruqayyatu Rufa’i, has disclosed that the federal government, after the weekly Federal Executive Council on Wednesday meeting has approved, “the enactment of an Act to amend the West African Examinations Council (WAEC) Act, CAP W4,

Dangote Group Signs $3.3Bn Loan To Build Refinery in Nigeria

Industry leader in Cement and Sugar Manufacturing in Africa, Dangote Group, has announced that it has signed a loan facility agreement of $3.3 billion to build a refinery and petrochemicals complex at the OK-LNG Free Trade Zone, between Ogun and

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