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1. President Goodluck Jonathan on Tuesday  launched the Youth Entrepreneurship Strategy (YES). He equally launched an online portal to serve as a common platform for all of the Federal Government’s diverse youth training entrepreneurship interventions. 2. Sterling Bank Plc has opened a branch in Shagamu, Ogun State. The new branch is located on Akarigbo Road, the main commercial nerve centre in the city. The Bank has also embarked on the remodelling of about 40 of its branches nationwide to reflect its retail positioning. 3. First City Monument Bank (FCMB) Limited has gone into a partnership with the House of Tara International to launch an economic empowerment initiative for women known as the ‘Beauty Business on the Go’ (BBOG). 4. The number of family sport utility vehicles in Nigeria has risen as Stallion NMN, the Nissan sales company, has introduced the third generation X-Trail to the country. 5.  Nigerian Breweries Plc has assured the investing public of its commitment to enhancing operational efficiency following the merger between it and Consolidated Breweries. 6. Minister of Science and Technology, Dr. Abdu Bulama is seeking a collaborative support from Britain to fully develop and leverage on some key components of the Federal Government’s Transformation Agenda as they affect Science and Technology in the areas of Space Technology Programme, biotechnology, agriculture and medicine. 7. The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, yesterday said the Federal Government has reduced the cost of registering Small and Medium Scale Enterprises (SMEs) by 60 per cent. The Minister explained that as a result of the reduction, there has been an increase of over 52 per cent in the number of people currently registering their businesses and moving from informal to formal businesses. 8. In an effort to reduce incidents of fraud and protect customer accounts from unauthorised access, the Bankers’ Committee has intensified efforts on the enrolment of bank customers on the Bank Verification Number (BVN). 9. Chams Plc, an information technology listed entity, has announced some changes in the management of the company in fulfillment of an orderly leadership transition required of publicly traded companies. Founded in 1985, Chams transited from a privately held company into a public liability company in 2008. 10. Telecommunications operators in the country, including MTN, Airtel, Globacom and Etisalat Nigeria, are investing heavily in digital incubation initiatives for technology start-ups. The telcos are providing requisite support for the start-ups by way of funding, mentoring and acceleration, in order to harness indigenous skills and talents for the development of locally-relevant applications and content.  

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This article was first published on 11th February 2015

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