1.According to the the Minister of Industry, Trade and Investment, Mr. Olusegun Aganga,
Nigeria attracted $59 billion pipeline local and foreign direct investments into the different sectors of the economy within three years.
2.
Access Bank Plc has unveiled its customised debit card tagged, “Persona.”
The product allows customers of the bank to upload their favourite image or to select any from the bank’s gallery on their debit cards.
3. Samsung Electronics, a global giant in digital media and convergence technologies,
is showcasing its Printing Solutions Business unveiling its new Smart Office platform alongside its latest multifunction printers at the ongoing 2014 Lagos International Trade Fair.
4.
The federal government has set next year as the take-off date for a coal powered electricity generation. This is on the heels of incessant destruction of pipelines by vandals in most parts of the country. Minister of Power, Prof. Chinedu Nebo, said pipeline vandalism is the major reason for the current challenges of power supply in the country.
5. Weststar Associates Limited, the authorised general distributor of Mercedes-Benz in Nigeria has
introduced the new Mercedes-Benz Vario into the market. The Vario is a commercial van which offers a very extensive scope for individuality as well as the use of special-purpose bodies.
6. The Lagos State Government
has begun a week-long training programme for auditors within its employ on fraud detection and forensic accounting procedure in order to enhance proper auditing of the state government accounts.
7.
The Royal Exchange Group’s Managing Director, Mr. Chike Mokwunye, said it will go into partnership with a non-governmental organisation called Foundation for Youth Education, to accomplish the objective by conducting leadership training and conference for secondary school prefects in Lagos State.
8. It has been disclosed that
at least 23 automakers have signified interest to set up assembly plants in Nigeria, the Director-General of the National Automotive Council, Mr. Aminu Jalal, has said.
9.
Ten financial institutions are to finance the Lekki Deep Sea port project which is expected to begin operations in 2018. The project has been estimated to cost about $1bn.
10.
Executive Director of the Nigerian Export Promotion Council (NEPC), Olusegun Awolowo, has predicted a boom in the nation’s economy given the Federal Government’s current drive to boost the non-oil export market. Awolowo said the government had already set machinery in motion to evolve 30 new export markets within Nigeria in the next five years, all capable of making the country attain a 7.1 annual Gross Domestic Product (GDP) growth and a financial base of up to $1.6 trillion, as well as five million direct and indirect jobs.
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This article was first published on 11th November 2014
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