NIGERIA CAN SAVE US$800m FROM FISH IMPORTATION.

NIGERIA CAN SAVE US$800m FROM FISH IMPORTATION.

Nigeria can save US $800m (N288 billion) yearly from fish importation if the ocean resources are tapped. Research shows that Nigeria can save US $800m from the money spent on fish importation yearly. This will be possible if the nation’s deep ocean resources are developed and utilized. The Director/Head, Fisheries Resources Department, Nigeria Institute for Oceanography and Marine Research, Dr. Parcy Ochuko Obatola, said Nigeria is naturally endowed with a lot of marine resources. These…

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GOOGLE GRANTS Sh200M TO KENYAN BASED CHARITY ENTERPRISES.

GOOGLE GRANTS Sh200M TO KENYAN BASED CHARITY ENTERPRISES.

Sh200 million Google grant to be given to on-profit and social-based enterprises using technology to improve lives. Google is giving Sh200 million grant to the 12 finalists of the first African Google Impact Challenge in Kenya. The Google grant is to enable the charity enterprises improve the society with their ideas. The grant will aid these organisation to better their host community with their ideas. The enterprises have 6 months to apply for the grant. The…

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NIGERIA ENDORSE CONSTRUCTION OF ROADS AND BRIDGES IN NASSARAWA

NIGERIA ENDORSE CONSTRUCTION OF ROADS AND BRIDGES IN NASSARAWA

Federal Government of Nigeria approve US$248.6m for construction of Road and Bridges in Nasarawa State. The Nigerian Government have given approval for the construction of of roads and bridges in Nasarawa states. The Federal government have set aside about US$248.6m for these projects. Some of these projects include; rehabilitation of Lafia-Obi-Awe-Tunga road, Nasarawa-Loko road with Alushi loop, Loko-Oweto bridge across River Benue and Wamba- Wanse road. According Minister of State II for Power, Works & Housing, Suleiman Zarma, the Nasarawa…

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Treasurer Recruitment At United Bank For Africa Plc (UBA)

Treasurer Recruitment At United Bank For Africa Plc (UBA)

United Bank for Africa Plc (UBA) is one of Africa’s leading financial institutions, with operations in 19 African countries and 3 global financial centres: London, Paris and New York. From a single country organisation founded in 1949 in Nigeria, UBA has grown to become a Pan-African provider of financial services with over 11 million customers, through close to 1000 business offices and touch points globally. Treasurer Reference No: TRN001 Location: Lagos Island, Nigeria Job Functions: Analytics,Banking Industries:…

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NIGERIA CONSIDERS DISCONTINUING ABAJI-KOTON-KARFE ROAD PROJECT

NIGERIA CONSIDERS DISCONTINUING ABAJI-KOTON-KARFE ROAD PROJECT

Nigerian Government to terminate contract for Abaji-Koton-Karfe road project. The Nigerian Ministry of Power, Works and housing is threatening to terminate its contract with Bulletine Construction Company Ltd for the dualisation of the Abaji-Koton-Karfe road. According to the Nigerian government the basis for discontinuing the project is due to five months negligence by the contractor. The 49.4 km Abaji-Koton-Karfe road project ( section III of the Abuja-Lokoja Road dualisation) costs about N15.1 billion. It was initially expected to be complete…

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Programmes Director – Nigeria At Amnesty International

Programmes Director – Nigeria At Amnesty International

Amnesty International Nigeria mission is to build an inclusive and constructive constituency in Nigeria for Nigeria on Nigeria that has a significant impact on the key human rights issues of contemporary Nigeria; and to build a culture of respect for human rights in Nigeria. JOB SUMMARY To provide strategic leadership and vision for Amnesty Nigeria’s research. It will be through campaigns, advocacy and media activities centered on human rights work in Nigeria. To develop an integrated…

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Lead Pipeline Engineer Vacancy At Penspen, Nigeria

Lead Pipeline Engineer Vacancy At Penspen, Nigeria

Penspen has been providing engineering, project management, asset management and integrity services. This service are to the energy industry worldwide for over 60 years.  Originally founded in the UK in 1954 as Spencer & Partners, the company has now grown to include over 1,000 engineers with major offices in London, Aberdeen, Houston, Abu Dhabi, and Bangkok. During its history, Penspen has undertaken over 10,000 projects. It has been addressing a wide range of challenges from…

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DANGOTE GETS LICENCE FOR PEUGEOT PLANT IN NIGERIA

DANGOTE GETS LICENCE FOR PEUGEOT PLANT IN NIGERIA

Dangote secures franchise for new Peugeot Assembly Plant in Nigeria The Peugeot of France group have given franchise to Dangote Group. The franchise allows the group to construct and also operate a Peugeot assembly plant in Nigeria. The  Dangote-Peugeot Automobile Nigeria Limited DPAN joint venture will own the new assembly plant. The joint venture comprises of Dangote Industries Limited, Kaduna State Government, and also the Peugeot of France PSA Groupe. This is coming after Dangote…

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WORLDCLASS OIL TRADERS COMPETE FOR PETROBRAS AFRICA

WORLDCLASS OIL TRADERS COMPETE FOR PETROBRAS AFRICA

Shell, Vitol and Glencore battle to buy Petrobras Africa. Three of the world’s largest oil traders are competing to buy assets of the African arm of Brazil’s petroleum corporation Petroleo Brasileiro SA (Petrobras). The three companies competing to buy the Petrobras Nigerian assets include; Shell, Vitol and Glencore. Petrobas Oil & Gas BV, or Petrobras Africa owns two world class Nigerian deep-water oil blocks containing the Agbami and Akpo producing fields operated by Total SA and…

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CHINESE FIRM BAGS US$6.7BILLION RAILWAY CONTRACT IN NIGERIA

CHINESE FIRM BAGS US$6.7BILLION RAILWAY CONTRACT IN NIGERIA

Chinese firm CCECC gets railway contract in Nigeria. Chinese firm China Civil Engineering Construction Corporation (CCECC) won the contract for the railway project. The project will also help link lagos and kano state in the nation. It will also help the Ibadan-Kaduna segment of the Lagos-Kano rail line. Minister of Transportation, Rotimi Amaechi said “This agreement is for the Ibadan-Kaduna rail line, which is part of the Lagos-Kano rail line. He also said that the completion time of the contract…

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AfDB APPROVES U$1.5m SOLAR POWER PROJECT GRANT IN NORTHERN NIGERIA

AfDB APPROVES U$1.5m SOLAR POWER PROJECT GRANT IN NORTHERN NIGERIA

Jigawa State Solar power progamme gets US$1.5m grant from AfDB. The US$1.5m grant for the implementation of Jigawa state “One Giga Watt (GW) Independent Power Producer (IPP) Solar Procurement Programme”, have received approval from the African Development Bank (AfDB). The approval shows the  commitment of the bank towards developing renewable energy and also increasing energy to one GW capacity. The grant will support the completion of outstanding technical and feasibility studies. Which also include the design of a…

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HSE Coordinator (Updated) Vacancy At WACOT Limited

HSE Coordinator (Updated) Vacancy At WACOT Limited

WACOT Limited is a part of TGI Group. Our business includes but are not limited to rice milling, soya milling, production of fertilizer and other agro-chemicals, sesame hulling which are exported to Asia and Europe, trade in grains such as maize, sorghum and groundnuts. We currently support the production of soya, rice, sesame, cotton, and maize as part of our out-growers initiative. WACOT has several MOU’s in place to aid its contribution to the fastest growing…

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THE RISKS IN NIGERIA-CHINA US$2.5bn CURRENCY SWAP DEAL

THE RISKS IN NIGERIA-CHINA US$2.5bn CURRENCY SWAP DEAL

Nigeria needs to increase exports to fully benefit from the US$2.5bn bilateral currency swap deal with China. The Central Bank of Nigeria (CBN), recently signed a bilateral currency swap deal with the People’s Bank of China (PBoC) worth about US$2.5 billion. In local currencies, the swap is worth about 15 billion Renminbi (RMB) or N720 billion. The deal’s aim is to reduce the demand for U.S. Dollar by Nigerians importing from China, and consequently strengthen…

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LAGOS 3RD MAINLAND BRIDGE TO UNDERGO REHABILITATION

LAGOS 3RD MAINLAND BRIDGE TO UNDERGO REHABILITATION

Nigeria to rehabilitate Lagos 3rd Mainland bridge. The Federal Executive Council (FEC) of Nigeria have given approval for the rehabilitation of the 3rd Mainland Bridge in Lagos. The repair works on the bridge is worth about US$52.6m. The council gave the approval at an FEC meeting presided by Vice President Yemi Osinbajo. Italian construction firm, Borini Prono will be responsible for the repair works. Borini Porno is also responsible for constructing the bridge. According to the Minister of…

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DANGOTE INDUSTRIES ANNOUNCES NEW APPOINTMENTS

DANGOTE INDUSTRIES ANNOUNCES NEW APPOINTMENTS

Dangote industries announces appointment of new management team. Nigerian multinational conglomerate, Dangote Industries Limited (DIL), as part of its plans to sustain its strategic business growth trajectory have announced new appointments. In the new organizational structure, Olakunle Alake former Chief Operating Officer (COO) is now the Group Managing Director. Also Dr. Adenike Fajemirokun, the Group Chief Risk Officer have received a promotion to the office of Group Executive Director, President’s Office. She will take on the new roles in addition to…

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NIGERIA SIGN RAIL CONCESSION AGREEMENT IN WASHINGTON DC

NIGERIA SIGN RAIL CONCESSION AGREEMENT IN WASHINGTON DC

Nigeria signs railway concession agreement with General Electric. Nigeria Government have just signed a railway concession agreement with an international consortium led by General Electric (GE). The agreement signing in Washington D.C. is for the interim phase of the Nigerian narrow-gauge railway concession. The consortium comprises of four companies  SinoHydro, Transnet, APM Terminals and then General Electric. This development is part of the dividends of President Muhammadu Buhari’s visit to the White House in Washington DC. The Interim phase…

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WHITE HOUSE WELCOMES FIRST AFRICAN PRESIDENT UNDER TRUMP TENURE

WHITE HOUSE WELCOMES FIRST AFRICAN PRESIDENT UNDER TRUMP TENURE

Nigeria’s President visit US President as part of plan to tackle security and economic issues in the country. The president of Nigeria, Muhammadu Buhari has arrive USA for a meeting with President Trump. The meeting will focus on tackling Security and economic issues that is affecting the nation. According to report, the meeting will help profer solution to the challenges currently going on in Africa largest black nation. Furthermore, the meeting will also highlight ways to ensure the…

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LAGOS STATE TO GET 10,000 LED STREET LIGHTS

LAGOS STATE TO GET 10,000 LED STREET LIGHTS

Lagos state government signs contract for Intelligent LED streetlights. The Lagos state government and UK-based  LED Lighting Manufacturer, Low Energy Designs Ltd have signed a US$6.9m contract for the supply and installation of energy efficient LED streetlights. Low Energy Designs Ltd will supply and install 10,000 streetlights that will cover about 300km of the state roads. The contract also includes the provision of an intelligent control system for real time operation of the LED streetlights. In addition to that is…

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TELECOMMUNICATIONS CONTRIBUTION TO NIGERIA’S GDP HITS 10%

TELECOMMUNICATIONS CONTRIBUTION TO NIGERIA’S GDP HITS 10%

Nigeria’s Telecommunications sector’s contribution to GDP have hit 10%. Executive Vice Chairman, Nigerian Communications Commission (NCC), Prof. Umar Danbatta, said contribution of Nigeria’s telecommunications sector to Gross Domestic Product (GDP) has hit 10 per cent. While speaking to journalist in Lagos, he said National Bureau of Statistics figures for 2017, shows a contribution of N1.45 trillion to the GDP for 1st Quarter and  N1.549 trillion for 2nd quarter. Danbatta, also added that this performance at a period of recession is…

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Intern (Blue Intern Program) At Stanbic IBTC

Intern (Blue Intern Program) At Stanbic IBTC

Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa’s financial system for 150 years, and now spans 16 countries across the African continent. Standard Bank is a firm believer in technical innovation. It will also help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely…

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