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1. Lagos State governor, Babatunde Fashola, has stated that the state government will work out some financial aids for traders who lost their shops and goods to the recent fire at the popular Balogun market on Lagos Island to enable them return to business. 2. Guarantee Trust Bank Plc has been awarded ‘Best Corporate Governance, Africa’, for the financial services category by the Ethical Boardroom Magazine UK. The award recognises outstanding companies that have exhibited exceptional leadership in the area of governance and professional ethics to ensure protection and long-term value for stakeholders. 3. Last week, Globacom, presented N1 million cheque to each of the first set of 20 winners that emerged in the on-going N120 million Glo Overload Promo.One of the winners, a 27 year-old subscriber, Idase Edafe, who automatically became a millionaire through the promo, said he never knew his wishes for a prosperous 2015 could come so soon through Globacom. 4. As part of efforts to improve services to its customers globally, the United Bank for Africa (UBA) Plc said it has gone into a partnership with Vodacom for data and broadband communications. 5. Consolidated Hallmark Insurance Plc at the weekend presented awards to the winners at the fourth edition of the yearly essay competition for tertiary institutions in Lagos.  At the presentation,  Miss Abiola Atinukeola Gbemisola of The Polytechnic, Ibadan won the first prize and went home with N250,000. 6. Despite tumbling of crude oil prices in the international market, Nigeria is targeting an additional 40,000 barrels of crude oil per day (bopd), the Nigerian National Petro­leum Corporation (NNPC) has said. 7. The Nigerian Insurers Association (NIA) has formed a $4million pool to boost oil and gas insurance business. The Commissioner for Insurance, Mr. Fola Daniel inaugurated the Technical Management Board of the Energy and Allied Risks Insurance Pool of Nigeria (EAIPN) in Abuja. 8. GlaxoSmithKline Consumer Nigeria Plc (GSK) has launched a range of products namely: Panadol suspension and Scott’s Cod Liver Oil Emulsion for kids. 9. Turkish companies are seeking to expand their investments in Nigeria and other African countries through franchising. Accordingly, a Memorandum of Understanding (MoU) has been signed between Soysal, to link business interest in Nigeria and other West African countries interested in doing business in Turkey or Turkish businessmen who are interested in establishing business presence in Nigeria, and other Africa countries. 10. MainOne, Nigeria’s leading provider of innovative telecom services and network solutions for businesses in West Africa, has commissioned its premier Tier III Lekki Data Centre to address the growing demand for Collocation, Cloud and Disaster Recovery Services in West Africa.  
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This article was first published on 19th January 2015

elizabeth

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