MICROSOFT TECHNICAL SUPPORT FOR ENTREPRENEURS

MICROSOFT TECHNICAL SUPPORT FOR ENTREPRENEURS

Microsoft partners with TEF to provide entrepreneurs with technical support and other resources for improving their businesses. Seeing entrepreneurship as an element for economic and social growth of a country, Microsoft and Tony Elemelu Foundation (TEF) have formed a partnership known as 4Afrika Initiative which aims at providing entrepreneurs in the TEF Entrepreneurship Programme with the needed training, ICT tools and resources required to modernise their businesses, create more value proposition and increase their customer base….

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Nigeria Port Authority assures Vessel safety on its waters

Nigeria Port Authority assures Vessel safety on its waters

Ms. Hadiza Bala-Usman, The Managing Director, Nigeria Ports Authority (NPA) in a statement signed by Mr Abdullahi Goje, General Manager, Corporate and Strategic Communication of the authority in Lagos, has assured that the agency would ensure the safety and security of vessels on the nation’s territorial waters and seas. She said that NPA management prioritised security and safety of vessels to encourage international trade. The managing director also pledged to synergise with the Committee on Harmonised Standard Operating Procedure…

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NIGERIA HAS SIGNED THE NUCLEAR WEAPON PROHIBITION TREATY

NIGERIA  HAS SIGNED THE NUCLEAR WEAPON PROHIBITION TREATY

The country joins other countries that signed the treaty to ban nuclear weapons amid tensions over North Korea’s nuclear and missile tests. Minister of Foreign Affairs, Geofrey Onyeama, signed the treaty on behalf of Nigeria on Wednesday (20th Sept 2017)  at the UN headquarters on the sidelines of the High-level UN General Assembly. After the signing ceremony, Onyeama told journalists that Nigeria was in support of a weapons-free world. He said “right from the early…

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NNPC to Begin Prospecting Hydrocarbon in Northern Nigeria

NNPC to Begin Prospecting Hydrocarbon in Northern Nigeria

The Nigeria National Petroleum Cooperation (NNPC) has said that it has started the process leading to the exploration of oil and gas in the Sokoto basin in the Northern part of Nigeria. This announcement was made by the Group Managing Director, Maikanti Kachalla Baru when he received the Governor of Sokoto State, Aminu Waziri Tambuwal, who paid him a visit at the NNPC Towers in Abuja. In a statement by Tambuwal’s spokesman, Malam Imam Imam, Baru was…

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Ghana to Inject GH1bn Into Free Senior High School Education

Ghana to Inject GH1bn Into Free Senior High School Education

Ghana’s Vice President, Dr. Mahamudu Bawumia while Speaking at his hometown in Tamale in the Northern Region of Ghana disclosed that thecountry will allocate GH1 billion to sustain the free Senior High School (SHS) programme in its 2018 budget. Dr. Bawumia said the amount will ensure that more students get access to quality SHS education in order to reduce the burden of parents. So far, the introduction and implementation of the free SHS, which begun…

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CHINESE UNIVERSITIES TO LIMIT THE NUMBER OF N’KOREA STUDENTS

CHINESE UNIVERSITIES TO LIMIT THE NUMBER OF N’KOREA STUDENTS

In a sign that China is increasing pressure on North Korea over its nuclear program, the South China Morning Post (SCMP) is reporting that Chinese universities are taking steps to limit the number of North Korean students in the country. North Korean students seeking to major in physics or material science and engineering are reportedly being targeted for rejection. Recruiters at Chinese colleges told the SCMP that they are following orders from the central government…

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MILAN

MILAN

Milan, a metropolis in Italy’s northern Lombardy region, is a global capital of fashion and design. Home to the national stock exchange, it’s a financial hub also known for its high-end restaurants and shops. The Gothic Duomo di Milano cathedral and the Santa Maria delle Grazie convent, housing Leonardo da Vinci’s mural “The Last Supper,” testify to centuries of art and culture. It has the second most populous city proper in the country, but sits…

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UNION BANK TO IMPROVE AGRIBUSINESS LENDING IN NIGERIA

UNION BANK TO IMPROVE AGRIBUSINESS LENDING IN NIGERIA

Union Bank Plc, one of Nigeria’s oldest banks, was established in 1917 has officially opened a N50 billion rights issue to the public which it hopes to deploy into raising its capitalization and growing agribusiness loans. The bank, had gotten approval from the Securities and Exchange Commission (SEC) to sell 12.1 billion ordinary shares at N4.01 per share at the rate of 5 new shares for every 7 held. The Issuing Houses involved in the transaction are…

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KENYA’S COURT FINAL RULING

KENYA’S COURT FINAL RULING

Kenya’s Supreme Court says it did not find evidence of vote rigging and that no official of the electoral commission was criminally culpable for the illegalities and irregularities that led to the nullification of the polls. The court also said it did not find any offence committed by President Uhuru Kenyatta. Opposition leader Raila Odinga has welcomed the ruling saying the people’s vote must count. That ruling may have thrown a temporary lifeline at the electoral…

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FACE RECOGNITION DOORBELL

FACE RECOGNITION DOORBELL

Home device maker Nest Labs is adding Google’s facial recognition technology to a camera-equipped doorbell and rolling out a security system in an attempt to end its history of losses. The products announced Wednesday expand upon the internet-connected thermostats, smoke detectors and stand-alone security cameras that Nest has been selling since its inception six years ago. Nest has been among the early leaders in the effort to make home appliances as intelligent as people’s smartphones….

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TRUMP APPLAUDS AFRICA

TRUMP APPLAUDS AFRICA

United States president, Donald Trump, has told African leaders that the continent has huge business potential. He added that most of his friends came to Africa to get rich. “Africa has tremendous business potential, I have so many friends going to your countries trying to get rich. I congratulate you. “They are spending a lot of money, but it does, it has tremendous business potential and representing huge amounts of different markets and for American…

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BMW SA GETS US$150M LOAN FROM IFC TO BUILD THE NEW BMW X3

BMW SA GETS US$150M LOAN FROM IFC TO BUILD THE NEW BMW X3

The $150 million loan comes as South Africa “seeks new sources of economic growth after a period of slowdown, driven in part by sluggish mining and manufacturing sectors”, according to  the IFC in a statement. The auto industry tends to be  South Africa’s largest manufacturing sector. “The country suffers from unemployment estimated at 27% overall and nearly 50% among youth.” Nonetheless, local content accounts, on average, for about one-third of each vehicle produced in South…

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UGANDAN POLICE BANS DEMONSTRATION AS MEMBERS OF PARLIAMENT DEBATES ON PRESIDENTIAL AGE LIMIT

UGANDAN POLICE BANS DEMONSTRATION AS MEMBERS OF PARLIAMENT DEBATES ON PRESIDENTIAL AGE LIMIT

The Inspector General of Police Kale Kayihura said in a statement on Wednesday that planners of demonstrations can use other forms other than processions to allow parliament to “debate in peace”. He explained that they received information about groups planning to use the cover of processions to “cause violence and chaos” and that the police is obligated to keep law and order. “For avoidance of doubt, this measure applies to both supporters and opponents of the removal…

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APPLE IPHONE X TO SPARK MOMENTUM IN SMARTPHONE MARKET

APPLE IPHONE X TO SPARK MOMENTUM IN SMARTPHONE MARKET

The iPhone X was one of three new iPhone models unveiled at the first event at Apple’s new “spaceship” campus, as the California tech giant sought to spark fresh momentum in a global smartphone market seeing slowing growth and tougher competition. Apple laid claim to the future of the smartphone with a 10th anniversary iPhone X, touting the device as the next generation of mobile computing. “Ten years later, it is only fitting that we are…

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HUGE EARTHQUAKE HITS MEXICO

HUGE EARTHQUAKE HITS MEXICO

A powerful earthquake of magnitude 7.1 has rocked central Mexico and its capital, killing at least 224 people and destroying buildings. According to the US geological survey, the epicenter was located in Puebla state, just south of Mexico City. It struck around lunchtime sending thousands running into the streets in panic. In summary A 7.1-magnitude earthquake kills at least 216 people in central Mexico. Buildings toppled, gas mains broken and fires sparked. More than 20…

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MADAGASCAR HEALTH MINISTER PERFORMS SURGERY ON SIAMESE TWINS

MADAGASCAR HEALTH MINISTER PERFORMS SURGERY ON SIAMESE TWINS

In most countries health ministers are seen as officials more interested in paperwork than medical miracles. Not in country like Madagascar, where Mamy Lalatiana Andriamanarivo recently picked up a scalpel and separated conjoined siamese twins in a medical first for the Indian Ocean island nation. “Surgery was performed at the Joseph Ravoahangy Andrianavalona hospital on September 13 to separate Siamese twins joined at the abdomen and lower thorax,” Jean Marie Rasamimanana, the deputy technical director…

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NIGERIA GOVERNMENT APPROVES US$5.7bn FOR CONSTRUCTION OF 3,050MW ELECTRICITY PROJECT

NIGERIA GOVERNMENT APPROVES  US$5.7bn FOR CONSTRUCTION OF 3,050MW ELECTRICITY PROJECT

President Muhammadu Buhari, approved 5.792 billion dollars (about N1.140trillion) for the construction of the 3,050 megawatts Mambilla Hydro-Power project at Gembu in Taraba. “Nigeria started talking about it since 1972; that is about 45 years ago. said The Minister of Power, Works and Housing, Mr Babatunde Fashola. He also said, ”Several efforts had been made to bring it to reality but I’m happy to announce that this government approved the contract today to joint ventures of…

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FLOOD CLAIMS LIFE AND PROPERTIES IN EASTERN DR CONGO

FLOOD CLAIMS LIFE AND PROPERTIES IN EASTERN DR CONGO

It was reported that at least 10 people have died and another 92 are missing in eastern Democratic Republic of Congo due to flooding after torrential rains caused a river to overflow its banks, a local official said on Wednesday. The administrator of Masisi territory in eastern Congo’s North Kivu province, Dieudonne Tshishiku, said emergency teams had been dispatched to the town of Bihambwe to search for the missing.

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Ethiopia must step up political reforms, U.S. ‘disturbed’ over ethnic clashes

Ethiopia must step up political reforms, U.S. ‘disturbed’ over ethnic clashes

The United States says Ethiopia must open up its political space if its is to cement its place in the future as a “strong, prosperous and democratic nation.” This was contained in a press statement released by the U.S. Embassy in Addis Ababa. The September 19, 2017 statement was referring to reports of increasing ethnic violence in Ethiopia’s Oromia and Somali regions. “We are disturbed by the troubling reports of ethnic violence and the large-scale…

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