1. The Minister of Industry, Trade and Investment, Dr. Olusegun Aganga has said that
29 companies have signed commitments with technical partners to set up assembly plants to produce cars and pick-up trucks in Nigeria since the establishment of the National Automotive Policy.
2. According to Forbes, Globacom is lodging a
$600 million takeover bid for Comium Cote d’Ivoire.
3. Data released by the Central Bank of Nigeria (CBN) has shown that the
oil and gas sector attracted the highest share of total credit at the end of last year.
4. The Nigerian Electricity Supply Industry (NESI) have recorded a
marginal increase, as energy sent out by the Transmission Company Nigeria (TCN) hit 2,893.7 megawatts (MW) on Saturday from its 2,834.30Mw supply on April 26.
5.
Dangote Cement Plc. has said it will begin production in Tanzania in August.
6. Prof. Hillary Edeoga, the Vice-Chancellor of Michael Okpara University of Agriculture, Umudike (MOUAU), Abia, said the
school is targeting N800 million annually from catfish production.
7. Over
500 women and youths will benefit from World Bank assisted Commercial Agriculture Development Project (CADP) in Kano State.
8. Wema Bank Plc. has pledged to remain innovative as it revealed the
new logo at its branches nationwide yesterday.
9. Nigeria’s only remaining team in the continental club competition,
Warri Wolves FC would get to know their opponent at today’s draw ceremony at the CAF headquarters in Egypt.
10. The Chinese Table Tennis Association (CTTA) have donated equipment to the Nigeria Table Tennis Federation (NTTF) to
support the youth development programme.
