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BUSINESS Energy Stock Market

Lekoil Raises $20 Million for Drilling and Testing in Nigeria

April 19, 2022

Lekoil, the oil and gas exploration and production company with a focus on Nigeria and West Africa more broadly, announces that it has conditionally raised, in aggregate, gross proceeds of approximately US$20.0 million (approximately £13.2 million) through the placing of, in aggregate, 33,850,000 new Ordinary Shares at a placing price of 39 pence per Ordinary … Continue reading Lekoil Raises $20 Million for Drilling and Testing in Nigeria

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Energy

All Power Labs Partners Nigerian Firms on Biomass

April 19, 2022

U.S. based All Power Labs (APL) has entered into partnership with Envirocycles Nigeria and Bioenergy Nigeria to demonstrate a pioneering technology for making renewable energy from biomass. According to THISDAY, “the free presentations and workshops would hold in Lagos and Imo States to demonstrate the new, commercially available source of energy generation, based on biomass … Continue reading All Power Labs Partners Nigerian Firms on Biomass

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TECH

5 Online Groups Every Developer Should Join

April 19, 2022

For most developers, the internet is home, and with various social networks to choose from, the internet is not such a lonely place anymore. Aside all the fun that social networks bring, it also helps to join meaningful groups for resources, idea generation and to seek for help when you get stuck. As a developer, … Continue reading 5 Online Groups Every Developer Should Join

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TECH Telecommunication

MTN Nigeria Launches Data Bundle for Eskimi Users

April 19, 2022

MTN has launched a special data bundle for Eskimi users across the country. Eskimi is a social network with more than 6 million active users, MTN subscribers can order Eskimi bundle by sending SMS ESKW for a weekly plan or ESKM for a monthly data bundle to the short code 131. The bundle can also … Continue reading MTN Nigeria Launches Data Bundle for Eskimi Users

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Health News

Nigerian Emerges Commonwealth Medical Association Vice President

April 19, 2022

Osahon Enabulele, a Consultant Family Physician and the current President of the Nigerian Medical Association, NMA, has emerged the Vice President of the Commonwealth Medical Association, CMA, the Premium Times has reported. The election took place during the 23rd triennial conference and council meeting of the 51-year-old renowned global medical body which held at the … Continue reading Nigerian Emerges Commonwealth Medical Association Vice President

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Health

Nigeria Maps Out New Intervention Plan on Malaria

April 19, 2022

Nigeria is drafting a new intervention plan on malaria in order to boost the anti-malaria programme, according to Health Minister Onyebuchi Chukwu. Speaking at a briefing on the sidelines of the Executive Council meeting in Abuja, in preparation for this week’s African Union  (AU) Summit on HIV/AIDS, Tuberculosis and Malaria, the minister said he would present the … Continue reading Nigeria Maps Out New Intervention Plan on Malaria

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ECONOMY News

Chinese Sinosteel Eyes $6bn Nigeria Deal

April 19, 2022

Chinese state-owned metals trader Sinosteel was in talks to take over a state-owned steel mill in Nigeria and expand its capacity to 5.6 million tons from 1.3 million, Nigeria’s mining minister said yesterday during a visit to Beijing. The steel mill sale and upgrade would mean investment into Nigeria of about $6 billion (R60.1bn), Minister … Continue reading Chinese Sinosteel Eyes $6bn Nigeria Deal

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History

DID YOU KNOW? Fascinating Facts about Nigeria

April 19, 2022

The title ‘Nigeria, the giant of Africa’ is not a myth or a mere saying. History has shown through Facts, Events, Culture, Biodiversity, Tribes, Languages and Natural Heritage that Nigeria is the most blessed Nation on Earth. In recent times people’s view of Nigeria has majorly been based and wrapped around Oil, but Nigeria’s true … Continue reading DID YOU KNOW? Fascinating Facts about Nigeria

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Agriculture Environment

Senator Bukola Saraki Speaks On Nigeria’s Climate Change Adaptation

April 19, 2022

Senator Abubakar Bukola Saraki CON, (Kwara Central, Nigeria), Chairman, Senate Committee on Environment & Ecology and Founding President of GLOBE Nigeria presented a case study on Nigeria’s Climate Change Adaptation legislation at the International Conference on Climate Change Adaptation, policy, practice and legislation which took place between 2nd – 4th July in Beijing, the Chinese … Continue reading Senator Bukola Saraki Speaks On Nigeria’s Climate Change Adaptation

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Philanthropy

Tony Elumelu Fellow Profile: Ada Osakwe, Business Expertise for Effective Government

April 19, 2022

Last November, in keeping with the Transformation Agenda of President Goodluck Jonathan and the resolve by the Honourable Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, to steer the agricultural sector away from the age-long practice that sees it as a developmental project into a private sector led business that is a major driver … Continue reading Tony Elumelu Fellow Profile: Ada Osakwe, Business Expertise for Effective Government

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ECONOMY News

President Jonathan In China

April 19, 2022

Chinese President Xi Jinping on Wednesday held talks with visiting Nigerian President Goodluck Jonathan on strengthening bilateral partnership and China-Africa relations. Xi applauded the good development of China-Nigeria ties in recent years and stressed that China is ready to further enhance mutually beneficial cooperation so as to better benefit the two peoples. The two countries should … Continue reading President Jonathan In China

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BUSINESS

Dangote Group and China’s Sinotruk Sign $100 Million Deal

April 19, 2022

A significant milestone in China’s trade relations with Africa was reached recently when industrial giant Dangote Group of Nigeria and Shandong-based China National Heavy Duty Truck Company (Sinotruk) signed a contract for delivery of 1,700 heavy trucks and 1,700 semi-trailers. The contract was concluded on the eve of the state visit to China by Nigeria’s President … Continue reading Dangote Group and China’s Sinotruk Sign $100 Million Deal

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BUSINESS

UK’s Access Bank AUM Grows By 200 Percent

April 19, 2022

Access Bank UK Limited, a subsidiary of Access Bank Plc, has declared that its Assets under Management, AUM, in the private banking and asset management business increased by more than 200% to US$18.5 million in 2012. The Bank, which launched in 2009, in a statement said, “The increase in AUM has been driven by the … Continue reading UK’s Access Bank AUM Grows By 200 Percent

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Environment Media

President Obama’s Climate Change Policy and the Global Race for Renewable Energy

April 19, 2022

U.S. President Barack Obama, in June unveiled a climate change action plan detailing how his administration intends to take the lead on climate change, in the States and around the world. He also gave a speech concerning climate change that saw solar stocks in the States rise. While the US announces its ambitions, other countries are upping the game, with … Continue reading President Obama’s Climate Change Policy and the Global Race for Renewable Energy

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BUSINESS E-Commerce TECH

Jumia 1st Anniversary E-Commerce Conference and Fashion Cocktail

April 19, 2022

JUMIA, Nigeria’s number one shopping destination, has announced its 1st anniversary conference on growing e-commerce and its contribution to the nation’s economy. This event will be attended by federal ministers, CEO’s, suppliers, customers, media, and various fashion and lifestyle celebrities. It will hold on Friday, July 12th 2013 in Lagos. The keynote speech; E-Commerce and … Continue reading Jumia 1st Anniversary E-Commerce Conference and Fashion Cocktail

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