1. It has been reported that 66,402 applications have been filed for pre-qualification since August 2 when the
federal government jump-started the new mortgage refinancing system for an initial 10,000 mass housing delivery programme.
2. The $3.8 billion
Egina floating production storage and offloading (FPSO) situated at Lagos Deep Offshore Logistics (LADOL) base, Apapa has commenced operation. This is sequel to a renewed pact between the technical facilitators, LADOL and Samsung Heavy Industries (SHI).
3.The Minister of National Planning (NPC), Dr. Abubakar Sulaiman, recently said the
implementation of the National Integrated Infrastructure Master Plan (NIIMP) would create about 25 million jobs in both the agricultural and mining sectors of the economy within the next 30 years.
4. Shareholders of IEI-Anchor Pension Managers have voted to
raise the company’s share capital from N2.222 billion to N3 billion in a move to accommodate increasing strategic partners’ interests that could help expand the business further. Managing Director, Solomon Okoli states that the firm has extended operations to 30 states of the federation, servicing over 75,000 customers and managing a couple of states’ staff pension.
5. The Chief Executive Officer, Lafarge Wapco Cement company, Mr. Joe Hudson recently said
companies could help reduce unemployment in the country gradually by creating avenues for the youths to undergo apprenticeship training in technical skills. He said he had traveled to many countries of the world but found Nigerians to be quite unique and resilient because of their “I – can – do – it – spirit.”
6.
THISDAY reports that The Oyo State Government yesterday partnered international investor, Highland Energy Solution Services Limited (HESSL), for power generation. The investment will be solely financed by HESSL, and according to its promoter would cost $25 million which is expected to commence full operation within the next one year.
7. Mansard Insurance Plc has announced
its audited half year results for the period ended June 30, 2014 which showed it reported a 27 per cent growth in both gross premium written (GPW) and net premium income (NPI). The growth it said, was driven by increased patronage from both institutional and retail clients reported The Nation.
8.According to Business Day, the Bill & Melinda Gates Foundation
pledged $50 million on Wednesday to support emergency efforts to contain West Africa’s Ebola epidemic, which has already killed almost 2,300 people in the worst outbreak of the virus in history.
9.Daily Independent reports that the Federal Controller of Works in Abia, Mr Nasiru Bello, said
10 out of the 20 federal roads in the state were undergoing rehabilitation and reconstruction. According to Bello, the projects were estimated at about N120 billion.
10. More than
1,000 agriculture officials, farmers, entrepreneurs, scientists, civil society organizations and pioneers in agribusiness representing 60 countries met at the headquarters of the African Union in Addis Abba, Ethiopia for four days recently. Minister for Agriculture, Dr. Adesina Akinwumi, said that African farmers need support just like the developed countries support their farmers with massive subsidies in order for them to be successful.
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This article was first published on 12th September 2014
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1. It has been reported that 66,402 applications have been filed for pre-qualification since August 2 when the federal government jump-started the new mortgage refinancing system for an initial 10,000 mass housing delivery programme.
2. The $3.8 billion Egina floating production storage and offloading (FPSO) situated at Lagos Deep Offshore Logistics (LADOL) base, Apapa has commenced operation. This is sequel to a renewed pact between the technical facilitators, LADOL and Samsung Heavy Industries (SHI).
3.The Minister of National Planning (NPC), Dr. Abubakar Sulaiman, recently said the implementation of the National Integrated Infrastructure Master Plan (NIIMP) would create about 25 million jobs in both the agricultural and mining sectors of the economy within the next 30 years.
4. Shareholders of IEI-Anchor Pension Managers have voted to raise the company’s share capital from N2.222 billion to N3 billion in a move to accommodate increasing strategic partners’ interests that could help expand the business further. Managing Director, Solomon Okoli states that the firm has extended operations to 30 states of the federation, servicing over 75,000 customers and managing a couple of states’ staff pension.
5. The Chief Executive Officer, Lafarge Wapco Cement company, Mr. Joe Hudson recently said companies could help reduce unemployment in the country gradually by creating avenues for the youths to undergo apprenticeship training in technical skills. He said he had traveled to many countries of the world but found Nigerians to be quite unique and resilient because of their “I – can – do – it – spirit.”
6.THISDAY reports that The Oyo State Government yesterday partnered international investor, Highland Energy Solution Services Limited (HESSL), for power generation. The investment will be solely financed by HESSL, and according to its promoter would cost $25 million which is expected to commence full operation within the next one year.
7. Mansard Insurance Plc has announced its audited half year results for the period ended June 30, 2014 which showed it reported a 27 per cent growth in both gross premium written (GPW) and net premium income (NPI). The growth it said, was driven by increased patronage from both institutional and retail clients reported The Nation.
8.According to Business Day, the Bill & Melinda Gates Foundation pledged $50 million on Wednesday to support emergency efforts to contain West Africa’s Ebola epidemic, which has already killed almost 2,300 people in the worst outbreak of the virus in history.
9.Daily Independent reports that the Federal Controller of Works in Abia, Mr Nasiru Bello, said 10 out of the 20 federal roads in the state were undergoing rehabilitation and reconstruction. According to Bello, the projects were estimated at about N120 billion.
10. More than 1,000 agriculture officials, farmers, entrepreneurs, scientists, civil society organizations and pioneers in agribusiness representing 60 countries met at the headquarters of the African Union in Addis Abba, Ethiopia for four days recently. Minister for Agriculture, Dr. Adesina Akinwumi, said that African farmers need support just like the developed countries support their farmers with massive subsidies in order for them to be successful.
