1. The 2014 edition of the Nigerian Risk Awards (NRA) organized by Conrad Clark Nigeria Limited in partnership with Business Day, Thomson Reuters and the Institute of Risk Management UK (IRM) has seen
deserving individuals and companies like Mansard Insurance, Skye Bank, among others, winning awards.
2. Nigeria’s growing online retail market received a boost over the weekend
with the launch of Kumoodi.com, Africa’s first digital lifestyle online store.
3.
The project to move popular Lagos Computer Village, Ikeja, to its permanent site at Katangwa in Agbado, Oke-Odo Local Council Development Area, has commenced. The project, which will cost about N20 billion is to be sited on a 14.7 hectares parcel of land along the Lagos- Abeokuta Expressway.
4.
The Coordinated Direct Investment Survey (CDIS), a worldwide study of bilateral direct investment positions in various economies, showed a record of $27.9 trillion in 2013.
5.
The first set of the Dangote Cement bags, the 3x Premium, will hit the market in Cameroun in January 2015, the management of the company has said. Conducting the Cameronian media round the 1.5 million metric tonnes per annum capacity plant in Douala, the General Manager of the plant, Mr. Baba Abdullahi, said the plant was already being test run and full production would start next month.
6.
By attaining active telephone line connectivity of over 134 million and a teledensity of 96 percent, Nigeria’s telecoms market has continued to become toast of international investors.
7.
Samsung Electronics Co. may increase its full-year dividend by as much as 50 per cent as the world’s biggest maker of smartphones boosts returns to shareholders amid a slump in earnings.
8.
A new Shopping mall has berthed in the Apapa area of Lagos which is changing the face of retail in Nigeria’s premier Port City.
9.
The Industrial Training Fund (ITF) and the Cement Technology Institute of Nigeria (CTN) have signed a N15 billion capacity building deal under which over 20 million artisans are expected to benefit. No fewer than 3000 trainees will participate in the maiden edition in nine states.
10.
Arik Air has launched in Lagos a ‘travel package’ product christened Arik Explorer, which incorporates airline seats with hotel and other ancillary options, such as car hire and travel insurance. The Arik Explorer offers travel package at two levels: ‘Premium’ and ‘Affordable’.
