1. The World Bank has revealed that irrespective of falling short of projected global growth, and stable or declining commodity prices,
African economies, including Nigeria’s, have continued to expand at a moderately rapid pace, with regional gross domestic product (GDP) projected to strengthen to 5.2 per cent yearly between 2015 and 2016 from 4.6 per cent in 2014.
2. In commemorating the 75 million Lost Time Injury (LTI) free man-hour, the Production Directorate of Shell Petroleum Development Company (SPDC) of Nigeria has awarded
Caverton Helicopters the Safety Conscious Contractor of the Year Award.
3.
The Federal Government of Nigeria has granted a total of N25.81 billion in waivers and exemptions to several organisations between January and May this year. The beneficiary organisations include agencies, non-profit institutions and private businesses.
4.
Nigeria’s active internet users currently stand at over 48 million, Dr. Peter Jack, the Director-General of the National Information Technology Development Agency (NITDA), has stated. A statement issued by NITDA’s Head of Public Affairs, Mrs. Hadiza Umar in Abuja on Tuesday, stated that Jack made the assertion in a speech at the global media meet in Dubai. The meeting was preparatory to the Global Information Technology Exhibition (GITEX) Week 2014.
5.
All schools across the country especially in Lagos, Rivers and Ogun states are expected to resume today, Wednesday October 8th, after the effective check of the Ebola Virus Disease (EVD).
6.
Global technology firm, Oracle Corporation, has expanded its portfolio of cloud based technology solutions with six platform services. The firm, which made the announcement at the just concluded Oracle World 2014 at San Francisco, USA, said the cloud platform enables customers and partners to easily build new applications, extend Oracle software as a service (SaaS) applications, and migrate existing on-premises applications to the cloud.
7.
Poultry farmers in Osun State have made about N260 million profit in the last one year. Speaking with reporters in Osogbo, the state capital, the Chairman, Tuns Farms Ltd, Alhaji Kahmis Olatunde Badmus, said no agricultural project in the country has ever had such a record of success.
8
. The Lagos State Government has given a directive for the reconstruction of Ladipo main auto market to meet international standards. In response to this, the Mushin Local Government has granted a 20-year lease to the stakeholders to destroy the old structures and rebuild the market through private participation.
9. Tenoil Petroleum and Energy Services, a subsidiary of Heirs Holdings,
has sealed a pact with Mobil Producing Nigeria Unlimited (MPN), an ExxonMobil subsidiary, for the drilling of an appraisal well on the Ata Field.
10. To reduce the vulnerability of small scale farmers, especially to floods and droughts, Minister of Agriculture and Rural Development,
Dr. Akinwumi Adesina, has disclosed that the Federal Government has launched a Planting with Peace Programme where 15 million farmers will get access to crop insurance.
