Other Business

Published: Wednesday, June 19, 2013 - 00:21 By: Bankole Orija

Schneider Electric SA, a Global Fortune 500 company and market leader in the field of energy management, is pledging for smarter energy in Africa, at the Africa Energy Forum 2013, which opens today at the Barcelona International Convention Centre (CCIB), Spain.

The Africa Energy Forum (AEF) is the annual meeting place where global players from the energy industry meet with African

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Published: Tuesday, June 18, 2013 - 01:11 By: fabain tarpel, Abuja
Mrs Sarah Ochekpe, Water Resources minister

Freshwater is valuable, however, of all the water on Earth, only 2.5 per cent is freshwater, says the United Nations.

Regrettable, of all this freshwater, the total usable supply for ecosystems and humans is less than 1 per cent. When demand for water exceeds available supply, it results in water scarcity.

This was made known on Monday by the United Nations Convention to Combat

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Published: Tuesday, June 18, 2013 - 01:00 By: miebi senge
Kingsley Kuku, Presidential assistant on Niger Delta Affairs

With the federal government continuing in its sustained battle against terrorists from the proscribed Boko Haram, and other affiliate Islamic sects in Northern Nigeria, Kingsley Kuku, Presidential assistant on Niger Delta Affairs, has said more former militants have been enrolled for further studies in United Kingdom institutions.

Kuku said in statement released from his office in Abuja

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Published: Monday, June 17, 2013 - 00:11 By: Bankole Orija

Chevron Corporation's subsidiary Cabinda Gulf Oil Company Limited has confirmed that initial production of liquefied natural gas (LNG) has commenced at the Angola LNG project.

Angola LNG is one of the largest energy projects on the African continent.

"First gas at Angola LNG is an important milestone in support of our strategic plan to grow our production," said George Kirkland

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Published: Monday, June 17, 2013 - 00:03 By: Bankole Orija
Ali Bongo Ondimba, President of the Republic of Gabon

Over 1,500 participants (economic decision-makers, politicians, and international investors) and 10 Heads of State are meeting since Friday for the second edition of the New York Forum AFRICA which will continue until 16 June 2013 in Libreville, Gabon.

This forum aims at promoting inclusive economic development which, first and foremost, benefits young African people.

The second

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Published: Saturday, June 15, 2013 - 00:27 By: chike onwuegbuchi

A team of IBM experts completing a month-long pro bono consulting assignment has presented recommendations to Lagos State Government to help ensure a more efficient flow of traffic in the city of Lagos with 20 million citizens.

Working with the Lagos Metropolitan Area Transport Authority, the agency responsible for developing and implementing the state’s transportation blueprint, and

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Published: Friday, June 14, 2013 - 00:25 By: Bankole Orija
The containers are with rooms for general clinics, waiting patients, treatments, a pharmacy and back-up power supply..... pix credit: www.archdaily.com's Mobile Hospital

Africa's first 'container hospital', developed by Chinese scientists, could be ready for use by the end of the month (June), following two years of development.

It will be located in either Cameroon or Namibia, depending on government approval and it is hoped the hospitals will eventually benefit several African countries

Scidev.net reported that its developers said that

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Published: Friday, June 14, 2013 - 00:05 By: Bankole Orija
Prof. Chinedu Nebo, Minister of Power

Chinedu Nebo, minister of Power, has said that the divestment of its 80 per cent stake in 10 National Integrated Power Projects (NIPP), when concluded, will overtake gains of the telecommunications sector.

He told audience at a road-show in London, that the present privatization process provides a huge opportunity for international investors who are seeking for viable investment

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Published: Wednesday, June 12, 2013 - 01:12 By: Bankole Orija
Andrew Fawthrop, chairman and managing drector, Chevron Nigeria Limited

Chevron Corp. said that it plans to auction off the rights it has to two offshore oil fields near Nigeria’s coast, the latest foreign oil company moving to divest from the country as regulatory uncertainty looms in the nation.

The company identified the two blocks as shallow-water fields near the coast of  Bayelsa state, which sits in the Niger Delta.

The company did not

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Published: Wednesday, June 12, 2013 - 00:19 By: Kenneth Omeruo
Nigerian Youth

In this digital age, the backbone of every economy is hinged on Technology with entrepreneurship driving the growth of the entire system.

We see Technology powering every facet of human endeavor, enabling effective governance, empowering security, driving economic and social changes.

No nation especially the developing countries can afford to neglect the importance of

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Published: Wednesday, June 12, 2013 - 00:09 By: Bankole Orija

General Electric Healthcare in partnership with the Ministry of Health, The Wellbeing Foundation Africa and Save the Children recently convened key stakeholders and thought leaders in a roundtable programme designed to discuss ways technology and innovation can contribute to meeting Nigeria’s maternal and new born health goals.

This is in a follow up to the October 2012 launch of the

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Published: Monday, June 10, 2013 - 01:17 By: fabain tarpel, Abuja
Prof. Chinedu Nebo, Minister of Power

Workers of power holding company of Nigeria (PHCN) have expressed concern about their safety and security of family members in the event of government announcement preceding payment of their severance package.

The workers expression comes on the heels of government pronouncement that it would pay about N384 billion, part of their entitlements this June.

They fear it would

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Published: Saturday, June 8, 2013 - 02:19 By: miebi senge

Workers of power holding company of Nigeria (PHCN) have expressed concern about their safety and security of family members in the event of government announcement preceding payment of their severance package.

The workers expression comes on the heels of government pronouncement that it would pay about N384 billion, part of their entitlements this June.

They fear it would

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Published: Friday, June 7, 2013 - 00:12 By: Bankole Orija with Agency reports
Prof. Onyebuchi Chukwu, minister of Health

A major multinational study is calling for more research on the pathogens that cause diarrhoea, and better use of existing tools, to help control one of the leading killers of young children in the developing world.

The Global Enteric Multicenter Study (GEMS), published in The Lancet last month (13 May), was conducted in seven sites across Africa and Asia over three years, enrolling

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Published: Thursday, June 6, 2013 - 06:58 By: fabain tarpel, Abuja
Prof. Chinedu Nebo, Minister of Power

Professor Chinedu Nebo, minister of Power alongside Zainab Ibrahim Kuchi, minister of State, Wednesday, described the power outage being experienced in the country as national embarrassment.

Blaming the outage on systems collapse, the ministers however, admitted lapses in the power sector resulting in about 120 million Nigerians, approximately 75 per cent of the entire population not

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Published: Thursday, June 6, 2013 - 00:00 By: miebi senge
 Andrew Fawthrop, chairman and managing drector, Chevron Nigeria Limited

Chevron Nigeria Limited has promised a ‘zero’ gas flaring operation in the years ahead, as the world marks this year’s World Environment Day (WED), meant to raise global awareness of the need to take positive environmental action and the importance of preserving our biodiversity; one of Nigeria’s oil majors,

The over 50 years of oil exploration in Nigeria, gas flaring has become one of

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Published: Wednesday, June 5, 2013 - 00:37 By: fabain tarpel, Abuja
Mrs. Diezani Alison-Madueke, minister of Petroleum Resources

Senate Committee on Petroleum (Upstream) will today hear the defenses of Mrs. Diezani Alison-Madueke, minister of Petroleum Resources and Mr. Andy Yakubu, group managing director, Nigerian National Petroleum Corporation (NNPC) accused of unlawfully transferring four oil blocks valued at N59 trillion to Atlantic Energy Drilling Concept which belongs to Jide Omokore.

Also, leaders of the

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Published: Wednesday, June 5, 2013 - 00:03 By: Bankole Orija with Agency reports
Piracy is a growing headache in West Africa

West African heads of state will meet, maybe as soon as this month, to adopt a code to fight growing piracy in their coastal waters that would include use of arrests, prosecutions and seizures of ships, the U.N. shipping agency said.

Piracy is on the increase in the Gulf of Guinea region, which includes Africa's No. 1 oil producer Nigeria and is a significant source of commodities

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Published: Tuesday, June 4, 2013 - 05:29 By: Bankole Orija
Abubakar Shekau, leader of Boko Haram

The United States is offering some N1. 1 billion reward to persons with information on the whereabouts of Abubakar Shekau, leader of Boko Haram, the militant Islamist sect.

The N1. 1 bilion about $7 million is part of  the $23 million posted by the US State Department’s Rewards for Justice programme in rewards to help track down four other leaders of militant groups such as Al-Qaeda in

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Published: Tuesday, June 4, 2013 - 05:16 By: Bankole Orija
Mutiu Sunmonu, Country Chair, Shell Companies in (SPDC) Nigeria

The Shell Petroleum Development Company (SPDC) has expressed concern over the activties of crude oil thieves and illegal refineries operators in the Niger Delta saying the country is losing $1.6bn annually to oil theft.

The company cited its forced shut down of the Nembe Creek Trunklines NCTL in the Bayelsa State, a facility which produces about 150,000 barrels of crude oil per day and

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Published: Tuesday, June 4, 2013 - 05:08 By: Bankole Orija
Delight Owoyemi,  president of Oyo Mega Trade Fair

Oyo Mega Trade Fair 2013 has entered into partnership with GMN Discount Card, a company that specialises in digital trade promotion and marketing, as part of measures towards a hitch-free event this year.

Mr. Delight Owoyemi, president of Oyo Mega Trade Fair, said the involvement of GMN in the trade fair would impact positively on the overall success of the 10-day event which kicks off

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Published: Friday, May 31, 2013 - 00:16 By: fabain tarpel, Abuja
Dr. Shamsudden Usman, minister, National Planning

Federal Government said it has mapped out a 30-year National Integrated Infrastructure Master Plan (NIIMP) for the country, in  realisation of the enormous need for infrastructure improvement in all the sectors of the economy, the

Paramount issues to be addressed through the master plan include broadband availability and penetration, power generation and distribution, among others.

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Published: Friday, May 31, 2013 - 00:07 By: ese ebohota
Delight Owoyemi,  president of Oyo Mega Trade Fair

Oyo mega trade Fair 2013 is using opportunities in the manufacturing industry to provide some 800 jobs during and after the trade fair.

The Trade Fair with the theme: “manufacturing opportunities in sensitizing the Nigerian economy for investment evolution” is designed to showcase and promote locally made products in Nigeria will bring together an array of indigenous manufacturers,

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Published: Thursday, May 30, 2013 - 01:18 By: ese ebohota
Jeremy Ord,  Dimension Data Plc 's Executive Chairman

Service level agreements (SLAs) are one of the major considerations for every buyer of cloud computing services, but often are very hard to both define and enforce.

In fact, in a recent blog, Lydia Leong of Gartner has noted that most public cloud SLAs are "practically useless," fuelling the argument that enterprise-level applications and services cannot be delivered on a public cloud

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Published: Wednesday, May 29, 2013 - 00:40 By: fabain tarpel, Abuja
Vice Admiral Dele Ezeoba, chief of Naval Staff

The Nigerian Navy will receive two more ex-United States vessels next year, the US Navy Survey Ship John McDonnell and the US Coast Guard Cutter Gallatin.

Vice Admiral Dele Ezeoba, chief of Naval Staff, said that the two vessels would be inspected between May and August next year.

Ezeoba was represented by Rear Admiral Emmanuel Ogbor, chief of Policy and Plans, who said that the

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Published: Wednesday, May 29, 2013 - 00:17 By: ese ebohota

Africa’s agricultural, mining and energy resources could boost the continent’s economic growth and pave the way for a breakthrough in human development, according to the African Economic Outlook 2013 just released.

The report is produced annually by the African Development Bank (AfDB), the OECD Development Centre, the Economic Commission for Africa (ECA) and the UN Development Programme

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Published: Wednesday, May 29, 2013 - 00:04 By: chike onwuegbuchi
eVerge Digital Two-Way Radios

Vertex Standard continues its commitment to developing land mobile radios (LMR) that are precision-engineered for more value with the introduction of its new eVerge™ digital two-way radio series.

The new eVerge™ digital radio portfolio includes the EVX-530 series portable radios; EVX-5300/5400 series mobile radios and EVX-R70 repeater for a complete digital system.

These new

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Published: Tuesday, May 28, 2013 - 01:25 By: peter ugwu

Sharp, Middle East and Africa, part of Sharp Corporation, brings the world’s largest commercially available television, the 90 inch AQUOS LED to Nigeria.

The much anticipated product, Sharp’s 90 inch wall of entertainment is a breath-taking marvel of technology, which weighs a  mere 64 kg, and roughly measures 2m in width, and 1.2m in height with  a diagonal screen size of more than 2.

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Published: Tuesday, May 28, 2013 - 01:11 By: peter ugwu

In an increasingly Networked Society, a growing number of devices are expected to use broadband connections to deliver a wide array of rich communication and multimedia services, anytime, anywhere.

Even more advanced network solutions are required to meet the demand for superior performance, and the natural solution for operators is to sign managed services contracts with partners that

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Published: Monday, May 27, 2013 - 00:16 By: Bankole Orija

Pernod Ricard Nigeria, a subsidiary of Pernod Ricard Sub-Saharan Africa established in 2010 has entered into a distribution agreement covering Nigeria at the beginning of April 2013 with the CFAO Group, via its subsidiary CFAO Nigeria and its distribution subsidiary.

This contract covers the Group’s entire portfolio, and particularly the Martell, ABSOLUT and Chivas Regal brands.

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