Business
Bauchi Assembly approves $69m for power reform project
MINISTER of State for Energy (Petroleum), Odein Ajumogobia has advocated the development and use of cleaner fossil fuel technology by Nigerias oil and gas industry.
Minister advocates cleaner fossil fuel technology
MINISTER of State for Energy (Petroleum), Odein Ajumogobia has advocated the development and use of cleaner fossil fuel technology by Nigerias oil and gas industry. ...UBA boss roots for speedy technology development
From Andersen Consulting where he had a three-year stint as consultant after a First Class degree in Industrial Mathematics, from University of Benin, Benin, Wahab Aminu-Sarumi had taken up a self appointed mandate to change the face of Information Technology and Accounting practice in Nigeria. ...Govt business, banks yet to grapple with challenges of technology, automation, says Aminu-Sarumi
From Andersen Consulting where he had a three-year stint as consultant after a First Class degree in Industrial Mathematics, from University of Benin, Benin, Wahab Aminu-Sarumi had taken up a self appointed mandate to change the face of Information Technology and Accounting practice in Nigeria. ...Singaporean firm to invest $128.4m in Nigerias agric sector
THE Zamfara State government said it had earmarked N6.5 billion to establish an iron ore smelting company. ...Zamfara earmarks N6.5b for iron smelting plant
THE Zamfara State government said it had earmarked N6.5 billion to establish an iron ore smelting company. ...LBS alumni strategise for growth, raise fund
AIMED at sustaining the standard of the Lagos Business School which for the second year running has been rated among the top 50 business schools across the Globe, the newly elected executive body of Lagos Business School Alumni Association (LBSAA) has concluded plans to set up an Endowment/Development fund to help raise funds for the institution. ...69 ships laden with diesel, others waiting to berth at Lagos jetties
GOVERNOR Babangida Aliyu of Niger recently decried the attitude of multinationals operating in Africa to the development needs of their hosts. ...NIEEE lists how coal could solve power problem
class=fulltext vAlign=top width=470>Monday, October 20, 2008 Minister advocates cleaner fossil fuel technologyMINISTER of State for Energy (Petroleum), Odein Ajumogobia has advocated the development and use of cleaner fossil fuel technology by Nigerias oil and gas industry. ...Standard Bank increases branch network
A MAJOR brand, Seamans Schnapps on the stable of Grand Oak Nigeria Ltd has flagged off a consumer promotion aimed at further blessing its teeming consumers. ...Six states sponsored the Bauchi trade fair, says chamber
AIMED at sustaining the standard of the Lagos Business School which for the second year running has been rated among the top 50 business schools across the Globe, the newly elected executive body of Lagos Business School Alumni Association (LBSAA) has concluded plans to set up an Endowment/Development fund to help raise funds for the institution. ...Ministry educates farmers on modern farming techniques
THE World Bank has declared NAPEPs poverty eradication programme, In Care Of The People Programme (COPE), one of the best in the World. ...MAN lauds 2009 budget cut
OCEANIC Bank has till date committed about N 4 billion to the National Poverty Eradication Programme (NAPEP) trough the counterpart funding scheme, Managing Director/Chief Executive Officer of the bank, Mrs. Cecilia Ibru, disclosed in Abuja recently. ...Lagos CIBN holds workshop on credit analysis and loans documentation
DELTA State Government over the weekend in Asaba signed a tripartite Memorandum of Understanding (MoU )with Central Bank of Nigeria (CBN) and Oceanic Bank to float the first phase of a Micro - credit trust fund that would empower farmers and small - scale industries in the state. ...Soludo endorses Access Bank brand in UK
GOVERNOR Liyel Imoke of Cross River State has signed the 2008 supplementary Appropriation Bill into law. ...Diamond Bank provides $260 million facility to Slok Nigeria
THE United Nations and a wider variety of countries should playa significant role as the international financial system is reshaped to cope with spreading turmoil and a looming worldwide recession, UNCTAOs secretary-general and the director of its globalisation division, over the weekend. ...NNPC, NAOC to share credit from CDM gas emission project
THE Director-General of the Nigerian Civil Aviation Authority (NCAA), Dr. Harold Olusegun Demuren has said that the Authority will not lower its safety standards for airlines planning to engage in the airlift of passengers for the forthcoming Hajj exercise. ...Govt business, banks yet to grapple with challenges of technology, automation, says Aminu - Sarumi
AFTER obtaining the approval of the Nigerian Stock Exchanges council to list its shares on its official list, Abbey Building Society Plc, a Primary Mortgage Institution (PMI), will list its shares by introduction on the stock exchange tomorrow. ...U.S. firm denies receiving $60 million from Abia Sate for refinery building
THE Minister of State for Water Transportation, Mr. John Emeka has suggested that an efficient multimodal transportation system will make Nigerian ports the hub of the West and Central Africa sub-region. ...NIPCO, LNG still feud over gas supply
FOR the capital market to overcome the current lull and dominance of the bears in the equities sector, the Federal Government has been urged to intervene in the stock market to prevent the total collapse of the sector. ...Attitude of multinational firms worries Niger governor
GOVERNOR Babangida Aliyu of Niger recently decried the attitude of multinationals operating in Africa to the development needs of their hosts. ...Seamans Royale begins promo
A MAJOR brand, Seamans Schnapps on the stable of Grand Oak Nigeria Ltd has flagged off a consumer promotion aimed at further blessing its teeming consumers. ...LBS alumni strategise for growth, raises fund
AIMED at sustaining the standard of the Lagos Business School which for the second year running has been rated among the top 50 business schools across the Globe, the newly elected executive body of Lagos Business School Alumni Association (LBSAA) has concluded plans to set up an Endowment/Development fund to help raise funds for the institution. ...World Bank commends NAPEPs programme
THE World Bank has declared NAPEPs poverty eradication programme, In Care Of The People Programme (COPE), one of the best in the World. ...Oceanic Bank commits N4b to poverty eradication programme
OCEANIC Bank has till date committed about N 4 billion to the National Poverty Eradication Programme (NAPEP) trough the counterpart funding scheme, Managing Director/Chief Executive Officer of the bank, Mrs. Cecilia Ibru, disclosed in Abuja recently. ...Delta, CBN, Oceanic Bank sign MoU on trust fund
DELTA State Government over the weekend in Asaba signed a tripartite Memorandum of Understanding (MoU )with Central Bank of Nigeria (CBN) and Oceanic Bank to float the first phase of a Micro - credit trust fund that would empower farmers and small - scale industries in the state. ...Imoke signs Cross River 2008 Appropriation Bill into law
GOVERNOR Liyel Imoke of Cross River State has signed the 2008 supplementary Appropriation Bill into law. ...Global financial crisis: UNCTAD calls for joint effort
THE United Nations and a wider variety of countries should playa significant role as the international financial system is reshaped to cope with spreading turmoil and a looming worldwide recession, UNCTAOs secretary-general and the director of its globalisation division, over the weekend. ...We will not lower safety for Hajj operations, says NCAA boss
THE Director-General of the Nigerian Civil Aviation Authority (NCAA), Dr. Harold Olusegun Demuren has said that the Authority will not lower its safety standards for airlines planning to engage in the airlift of passengers for the forthcoming Hajj exercise. ...Abbey Building Society lists shares tomorrow
AFTER obtaining the approval of the Nigerian Stock Exchanges council to list its shares on its official list, Abbey Building Society Plc, a Primary Mortgage Institution (PMI), will list its shares by introduction on the stock exchange tomorrow. ...How Nigerian ports could become links to Africa, by minister
THE Minister of State for Water Transportation, Mr. John Emeka has suggested that an efficient multimodal transportation system will make Nigerian ports the hub of the West and Central Africa sub-region. ...Stock market operators seek govt intervention to save sector
FOR the capital market to overcome the current lull and dominance of the bears in the equities sector, the Federal Government has been urged to intervene in the stock market to prevent the total collapse of the sector. ...How Global Crisis May Affect Road Repairs In Nigeria, By Alison-Madueke
LAGOS State and the Autonomous City of Buenos Aires, in Argentina, last week, entered into a business agreement, aimed at boosting relationship between the two. This was cemented with signing of a Memorandum of Understanding (MoU) on ways of strengthening such relationship. ...Lagos, Argentinean City, Buenos Aires, Sign MoU
LAGOS State and the Autonomous City of Buenos Aires, in Argentina, last week, entered into a business agreement, aimed at boosting relationship between the two. This was cemented with signing of a Memorandum of Understanding (MoU) on ways of strengthening such relationship. ...How To Tackle Card Security For All Payments, By eTranzact
ePAYMENT, which used to sound like some mythical activity only to be carried out in developed countries, is gradually taking root in Nigeria. One key feature of the recent banking consolidation exercise is that it has helped to create big banks with huge capital bases which need to be deployed productively in order to create real value for shareholders. It has also turned practically all of Nigerias banks into commercial banks. Many of Nigerias banks, in the past, focussed attention at niche markets. Many rural areas for instance, could only boast of the presence of banks like Union Bank, UBA and First Bank in the pre-consolidation days. ...Zain Links South-South with Fixed Phones
Leading Nigeria mobile operator, Zain, is offering South South Region residents particularly students, travellers and those who live and work in places where access to traditional mobile phone is restricted, an opportunity to communicate with the launch of Fixed Phones in the area. ...CPN Releases Membership Register
THE Computer Professionals Registration Council of Nigeria (CPN) has released the list of its members that are licensed and authorised to practice in the IT industry in Nigeria. ...Ahead Of Commercial Launch, Etisalat Showcases Top Notch Products At GITEX Technology Week.
ePAYMENT, which used to sound like some mythical activity only to be carried out in developed countries, is gradually taking root in Nigeria. One key feature of the recent banking consolidation exercise is that it has helped to create big banks with huge capital bases which need to be deployed productively in order to create real value for shareholders. It has also turned practically all of Nigerias banks into commercial banks. Many of Nigerias banks, in the past, focussed attention at niche markets. Many rural areas for instance, could only boast of the presence of banks like Union Bank, UBA and First Bank in the pre-consolidation days. ...Pensioners Funds Are Safe In Ongoing Captial Market Crunch
Leading Nigeria mobile operator, Zain, is offering South South Region residents particularly students, travellers and those who live and work in places where access to traditional mobile phone is restricted, an opportunity to communicate with the launch of Fixed Phones in the area. ...BPE Assures Workers Of Their Jobs
THE Computer Professionals Registration Council of Nigeria (CPN) has released the list of its members that are licensed and authorised to practice in the IT industry in Nigeria. ...This Is The Best Time For Serious Firms To Go Public, Says Okere
Austin Okere, through a humble beginning in 1992 sowed a seed in the business world, specialising in ICT sector. He co-founded the Computer Warehouse Group (CWD), which today has grown to a conglomerate, branching off into software and communications subsidiaries. The alumnus of the University of Ghana, University of Lagos and the Lagos Business School has also played vital role in young entrepreneurial empowerment, especially, for the youths of this country. On economics-related matters, the ICT expert is in virtually all fronts. Recently he was inducted a Fellow of the Institution of Directors (IoD). He spoke to Emma Eke on a number of issues as they affect the Nigerian economy. ...In Search Of Sound Risk Management, Sustainable Liquidity
EVERYBODY was created by God to be important on earth. A serious artist does not create a frivolous work of arts. That is why the artist is painstaking as he conceives, interprets and illustrates the work of his imagination. If the work is not good enough to be significant outside the arts studio the artist does not have a sense of fulfillment. To a large extent, I believe that most works of arts are also conscious of this truism. You may recollect how, in a arts gallery or during an exhibition, some works of arts stood in your face as if they were trying to convince you that they deserve to be hung on the walls of your living room or office. Works of intense artist such as Kolade Osinowo, David Dale, Bruce Onobrakpeya, Tola Wewe and a host of others are not created to be insignificant. These are great artists who habitually produce great works. On stage, playwrights such as Wole Soyinka, Femi Osofisan, Ben Tomoloju, Ahmed Yerima have consistently written and produced great scripts. Chinua Achebes Things Fall Apart is still being celebrated fifty years after the novel was first read because it is a significant contribution to world literature. ...Achieving Greatness With Productivity
EVERYBODY was created by God to be important on earth. A serious artist does not create a frivolous work of arts. That is why the artist is painstaking as he conceives, interprets and illustrates the work of his imagination. If the work is not good enough to be significant outside the arts studio the artist does not have a sense of fulfillment. To a large extent, I believe that most works of arts are also conscious of this truism. You may recollect how, in a arts gallery or during an exhibition, some works of arts stood in your face as if they were trying to convince you that they deserve to be hung on the walls of your living room or office. Works of intense artist such as Kolade Osinowo, David Dale, Bruce Onobrakpeya, Tola Wewe and a host of others are not created to be insignificant. These are great artists who habitually produce great works. On stage, playwrights such as Wole Soyinka, Femi Osofisan, Ben Tomoloju, Ahmed Yerima have consistently written and produced great scripts. Chinua Achebes Things Fall Apart is still being celebrated fifty years after the novel was first read because it is a significant contribution to world literature. ...His Brothers Keeper
I DO not know whether the advice which Venezuelan President Chavez recently offered with icy humour that, IMF should commit suicide would do much to resolve the raging world financial crisis. But it is such as an accurate rendering of the feeling of those who, especially in the developing world, have had to cope with the arrogance and contempt of the Breton Woods institutions that I could not help but open my story quoting it. ...A Prince In The Vanguard Of Industrialisation
Prince Samuel Adedoyin, an apostle of industrialisation, is the executive Chairman of Doyin Group of Companies, a wholly owned indigenous conglomerate comprising of 15 subsidiaries, which include five manufacturing outfits. A company started as a small trading business in 1968 in Lagos, it has grown with diversifications in various sectors of the economy as one of the few indigenous manufacturing companies, surviving the harsh economic operating environment and competing with several multinationals. In this interview with OLAWUNMI OJO, Adedoyin speaks on why he intends to make some arms of his conglomerate public, shares tips on how to revive Nigerias ailing industrial sector and some trade secrets that have kept him on for over 45 years. ...IMF And Global Financial Earth Quake
I DO not know whether the advice which Venezuelan President Chavez recently offered with icy humour that, IMF should commit suicide would do much to resolve the raging world financial crisis. But it is such as an accurate rendering of the feeling of those who, especially in the developing world, have had to cope with the arrogance and contempt of the Breton Woods institutions that I could not help but open my story quoting it. ...Katsina releases N106.5m loans for small, medium enterprises
ENUGU State House of Assembly has passed a supplementary appropriation bill of N3.7 billion, the Power Sector Intervention Fund, to assist the Emergency Power Project (EPP).Plateau seeks govts assistance in reclaiming abandoned mines
IMO State government has proposed the sum of N21 billion 2008 supplementary appropriation bill to cater for its needs. ...NNPC solicits partnership in pipeline development, tankage
THE Nigerian National Petroleum Corporation (NNPC) says it will collaborate with the nations universities in research and development in renewable energy, agriculture, crude oil finger printing and in-country capacity building. ...IITA tasks Nigeria on global food crisis
PENSIONERS of the Nigerian Ports Authority (NPA) besieged the headquarters of the authority, demanding for payments of arrears of increments since 2000 on Wednesday. ...Most Commented
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Latest comments
rho
on
15 October, 2008 06:48:47
The advice was contained in the communique issued at the end of the conference made available to the News Agency of Nigeria (NAN) in Bauchi.
It ...
rho
on
15 October, 2008 06:48:24
these roads
rho
on
15 October, 2008 06:47:58
continue to empower
Gbenga Obas
on
15 October, 2008 06:46:42
up kwara
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