1.The National Sugar Development Council, NSDC, said
the sugar sector could contribute 411 megawatts of electricity to the national grid, in line with the Federal Government’s quest to boost energy supply in the country.
2.Nigeria, Africa’s largest economy by GDP, is becoming the object of
attraction for local and international online businesses due to the massive surge in internet subscription rate, industry observers have said. Nigeria’s internet subscriber base rose from 48.2 million in June 2013 to 67.4 million in June 2014. In view of this, Nigeria is witnessing a deluge of digitally-enabled businesses, offering innovative services, and seeking fresh opportunities in a market with the largest mobile penetration rate in the continent (129 million).
3.Prof. Adeniyi Gbadegesin, the Vice-Chancellor, Ladoke Akintola University of Technology (LAUTECH), Ogbomoso, Oyo State, has commended the institution’s team which
won the 2014 Google Online Marketing Challenge for Middle East and Africa.
4.
Nokia Lumia 930 has introduced insurance cover which may have deepened competition in the smart phone ecosystem. Last weekend in Lagos when the device was formally introduced in the Nigerian market, Mansard Insurance’s Chief Client Officer, Mr. Tosin Runsewe told the gathering at the launch of the product which runs on Windows Phone 8.1 that the Insurance covers accidental damage to the screen and accidental liquid damage to the phone.
5.Business Day has reported that after over eight years of processes leading to the concessioning of Festac Town Phase 2 Estate, a consortium of
investors led by Messrs Fung Tai Engineering Company Limited (FTECL) have taken over the development of the 1,126-hectare estate in Lagos following a 30-year concession agreement they signed with the Federal Government.
6.
The Nigerian retail market will, in the next couple of months, receive a major boost as Berverly & Sam Properties will be launching its upscale Purplestone Mall Abuja into the market with not only a new development proposition but also a new shopping experience that will be pocket-friendly. Abuja, said to be the highest per capita income city in Nigeria with a rapidly growing population of 2.2 million, has become a very strong market comprising A and B level consumers which underpin the residents’ potential buying power.
7. Having
successfully created a total of 273 homeowners in the past six months with an additional 59 new ones produced from the seventh edition of its monthly draws held recently, the Lagos Home Ownership Mortgage Scheme (LagosHOMS) is poised for a giant leap towards ensuring that all residents of the state are beneficiaries of the scheme through a rent-to-own home ownership initiative.
8. THISDAY reports that The Global Chief Executive Officer, Unilever, Mr. Paul Polman, disclosed that with the fresh investment, which the multi-national company has recently injected in to the country,
Nigeria now holds around 50 per cent of all of Unilever’s investments in Africa.
9. The Shell Petroleum Development Company (SPDC) of Nigeria-operated Joint Venture
has lent its support to Federal Government’s effort to contain the spread of the Ebola Virus Disease by donating ambulances, trucks, medical supplies and internet facilities to the Lagos and Port Harcourt Ebola Centres.
10. The Federal Government yesterday
said it has attracted $5.6billion investment from the private sector to agriculture in four years. The government said it developed the agricultural value chains to promote the investments. It also said it would continue to develop innovative policies and institutions that would expand opportunities for the private sector, reports The Nation.
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This article was first published on 16th September 2014
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1.The National Sugar Development Council, NSDC, said the sugar sector could contribute 411 megawatts of electricity to the national grid, in line with the Federal Government’s quest to boost energy supply in the country.
2.Nigeria, Africa’s largest economy by GDP, is becoming the object of attraction for local and international online businesses due to the massive surge in internet subscription rate, industry observers have said. Nigeria’s internet subscriber base rose from 48.2 million in June 2013 to 67.4 million in June 2014. In view of this, Nigeria is witnessing a deluge of digitally-enabled businesses, offering innovative services, and seeking fresh opportunities in a market with the largest mobile penetration rate in the continent (129 million).
3.Prof. Adeniyi Gbadegesin, the Vice-Chancellor, Ladoke Akintola University of Technology (LAUTECH), Ogbomoso, Oyo State, has commended the institution’s team which won the 2014 Google Online Marketing Challenge for Middle East and Africa.
4.Nokia Lumia 930 has introduced insurance cover which may have deepened competition in the smart phone ecosystem. Last weekend in Lagos when the device was formally introduced in the Nigerian market, Mansard Insurance’s Chief Client Officer, Mr. Tosin Runsewe told the gathering at the launch of the product which runs on Windows Phone 8.1 that the Insurance covers accidental damage to the screen and accidental liquid damage to the phone.
5.Business Day has reported that after over eight years of processes leading to the concessioning of Festac Town Phase 2 Estate, a consortium of investors led by Messrs Fung Tai Engineering Company Limited (FTECL) have taken over the development of the 1,126-hectare estate in Lagos following a 30-year concession agreement they signed with the Federal Government.
6.The Nigerian retail market will, in the next couple of months, receive a major boost as Berverly & Sam Properties will be launching its upscale Purplestone Mall Abuja into the market with not only a new development proposition but also a new shopping experience that will be pocket-friendly. Abuja, said to be the highest per capita income city in Nigeria with a rapidly growing population of 2.2 million, has become a very strong market comprising A and B level consumers which underpin the residents’ potential buying power.
7. Having successfully created a total of 273 homeowners in the past six months with an additional 59 new ones produced from the seventh edition of its monthly draws held recently, the Lagos Home Ownership Mortgage Scheme (LagosHOMS) is poised for a giant leap towards ensuring that all residents of the state are beneficiaries of the scheme through a rent-to-own home ownership initiative.
8. THISDAY reports that The Global Chief Executive Officer, Unilever, Mr. Paul Polman, disclosed that with the fresh investment, which the multi-national company has recently injected in to the country, Nigeria now holds around 50 per cent of all of Unilever’s investments in Africa.
9. The Shell Petroleum Development Company (SPDC) of Nigeria-operated Joint Venture has lent its support to Federal Government’s effort to contain the spread of the Ebola Virus Disease by donating ambulances, trucks, medical supplies and internet facilities to the Lagos and Port Harcourt Ebola Centres.
10. The Federal Government yesterday said it has attracted $5.6billion investment from the private sector to agriculture in four years. The government said it developed the agricultural value chains to promote the investments. It also said it would continue to develop innovative policies and institutions that would expand opportunities for the private sector, reports The Nation.
Major thankies for the post. Really looking forward to read more. Really Great.