September 26, 2016

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BlackBerry putting itself up for sale -

Wednesday, August 14, 2013

FERMA: A convergence of intent, engagement & perception -

Sunday, August 11, 2013

Nigeria Hits CNN’s List of World’s 12 sexiest accents…. -

Wednesday, August 7, 2013

N452t infrastructure funds from capital market coming -

Tuesday, August 6, 2013

Getting the right staff for your business -

Tuesday, August 6, 2013

Nigeria, others to re-evaluate Trans-Saharan gas project -

Monday, August 5, 2013

How Nigerians use social media -

Friday, August 2, 2013

NSIA to manage N3.4tr pension funds -

Friday, August 2, 2013

GOOGLE UNVEILS MOTO X SMARTPHONE… -

Friday, August 2, 2013

Nigerian Troops Return from Mali, Storm Borno -

Thursday, August 1, 2013

Our role in the $1.09b Malabu Oil mess, by Shell -

Wednesday, July 31, 2013

FG Can’t License Hotels, Hospitality Operators, Says Fashola -

Tuesday, July 30, 2013

Why FG Must Urgently Invest in Efficient Rail System -

Monday, July 29, 2013

Lagos community begins energy generation from waste -

Monday, July 29, 2013

FG to privatise BoI, BoA in 2014 -

Monday, July 29, 2013

Cassava takes pride place in Nigeria’s agro-economy -

Monday, July 29, 2013

Future of Africa in food production depends on training, emerging technologies —Kabba college provost -

Friday, July 26, 2013

Will this fresh initiative against cyber crime work? -

Friday, July 26, 2013

Investors prefer Southwest, says LCCI -

Friday, July 26, 2013

Fed Govt stops project variation beyond 15% of initial cost -

Thursday, July 25, 2013

Heart Health Made Easy: How To Lower Blood Pressure & Cholesterol folder not found
  • BlackBerry putting itself up for sale... NAIJA INTEL

    BlackBerry putting itself up for sale

    Canadian smartphone maker BlackBerry, struggling to compete in a difficult market, has set up a committee to look at options, including joint ventures, partnerships or a sale of the company. This is the strongest indication yet that the smartphone maker won’t remain independent as competition erodes sales and hammers its stock price. A special board committee will consider ways to enhance BlackBerry’s value and scale, including joint ventures, partnerships or a sale of the company, according to a statement Monday. JPMorgan Chase & Co. will serve as its financial adviser. BlackBerry shares gained as much as 9.1 percent in New…

  • FERMA: A convergence of intent, engagement & perception... NAIJA INTEL

    FERMA: A convergence of intent, engagement & perception

    ROAD is a very important resource ingredient of infrastructure for various important reasons. As a basic factor, it is a crucial part of resource system essential for collective development. Apart from its primary benefits of transportation, it is a key element in global economic rating of nations, as a measure of economic growth and development. Economic development experts’ worldwide, have remained consistent in pushingfor aggressive economic development of nations through diversification, industrialization, human capacity development, careful resources allocation and innovativeness. Despite the wonderful achievements in technology and internet-enabled communication technology/system, ROAD has seen no replacement, as a driver of the…

  • Nigeria Hits CNN's List of World’s 12 sexiest accents.... NAIJA INTEL

    Nigeria Hits CNN’s List of World’s 12 sexiest accents….

    In the unending pursuit of love, or its less eternal surrogate, the right accent can be as attractive as bright eyes, a beaming smile and a parabolic backside. For world travelers, a far-flung tongue promises the unknown, confirms the known and dispels the thought-we-knew. But no accent is sexy when it’s strong enough to crush a beer can. Which means not all accents are created equal. It’s estimated that there are nearly 7,000 languages on earth. That’s nearly 7,000 different ways to traipse clumsily through the English language — or to sex it up like a Justin Timberlake song wrapped…

  • N452t infrastructure funds from capital market coming... NAIJA INTEL

    N452t infrastructure funds from capital market coming

    The Federal Government will source the largest chunk of about N452trillion required for various infrastructure projects under its long-term development plan from the capital market. Minister of National Planning, Dr. Shamsuddeen Usman, who disclosed this yesterday at an infrastructure roundtable organised by the Securities and Exchange Commission (SEC), said government will turn to the capital market to source the estimated $2.9 trillion required for Nigeria’s infrastructure development over the next three decades. He said government will require an average of $25 billion per annum from 2014-2018, compared to between $9 billion and $10 billion currently being spent. Government will have to…

  • Getting the right staff for your business... NAIJA INTEL

    Getting the right staff for your business

    Introduction Eighty percent (80%) of business success is tied to people. Recruiting the right people, motivating the right people, training the right people, retaining the right people while releasing the wrong ones is the key to your success. Many businesses under perform because they do not know to do this or they can’t do it well. Problem statement Current statistics note that the unemployment rate in the educated and productive age group of the Nigerian population is now close to 45 percent. With this large pool of job seekers one would assume that filling vacancies would be easy for employers…

BUSINESS NEWS

Nigeria, others to re-evaluate Trans-Saharan gas project... NAIJA INTEL

Nigeria, others to re-evaluate Trans-Saharan gas project

Aug 5, 2013

Nigeria and other stakeholders in the multi-billion dollar Trans-Saharan gas pipeline project have decided to re-evaluate the commercial viability of the project, Group Executive Director, Gas and Power, Nigerian National Petroleum Corporation (NNPC), Dr. David Ige, has said. He said this became necessary considering market changes that have taken place since its conception over a decade ago. The Trans-Saharan project, estimated at over $12 billion, was conceived in 2002 by the Presidents of Nigeria, Niger and Algeria with the support of former president of South Africa, Thabo Mbeki. The project was endorsed in furtherance of the New Partnership for Africa’s Development (NEPAD)….

NSIA to manage N3.4tr pension fund... NAIJA INTEL

NSIA to manage N3.4tr pension funds

Aug 2, 2013

THE Nigeria Sovereign Investment Authority (NSIA) is to manage N3.4 trillion pension savings, the Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has said. She disclosed this yesterday in Abuja during a visit to the NSIA office. She restated the government’s commitment to seeing that the Sovereign Wealth Fund (SWF) and other funds available for investments were prudently deployed in critical areas of needs and efficiently managed in such a way that it would impact positively on the economy and improve the well-being of Nigerians. To this end, she said arrangements were being made to make…

Our role in the $1.09b Malabu Oil mess, by Shell... NAIJA INTEL

Our role in the $1.09b Malabu Oil mess, by Shell

Jul 31, 2013

The controversy over the $1.092, 040,000 Malabu Oil deal continues with one of the parties, Shell Nigeria Ultra Deep Limited (SNUD) opening up on how it acquired 40 per percent equity in Oil Prospecting Licence (OPL) 245 in 2000. The company insisted that it followed due process and consulted with relevant officials in the administration of ex-President Olusegun Obasanjo. It also claimed that it received verbal assurances from the then Vice-President Atiku Abubakar that there was no objection from the Federal Government to Shell acquiring an interest in OPL 245. It attributed the current crisis to the withdrawal of the…

Lagos community begins energy generation from waste... NAIJA INTEL

Lagos community begins energy generation from waste

Jul 29, 2013

THE second stage of a locally based integrated waste management project, mooted to reduce waste, generate energy and improve livelihoods, using a small scale bio digester system to convert organic waste has been completed. The pilot project entitled ‘Energy Generation from Waste – A Locally Based Livelihood, Resource Protection and Adaptation Project’ was completed in a local community in Lekki Local Council Development Area in Lagos State. It involved operation, training and testing for optimization activities. Supported by the African Adaptation Programme, supervised by the Department of Climate Change of the Federal Ministry of Environment and  the United Nations Development Programme (UNDP), the…

FG to privatise BoI, BoA in 2014... NAIJA INTEL

FG to privatise BoI, BoA in 2014

Jul 29, 2013

Plans are underway by the Federal Government to private both the Bank of Industry (BoI) and the Bank of Agriculture (BoA) next year. While BOI is to be sold to new core-investors by mid 2014, majority ownership of BOA is slated for transfer by next year end, according to Director General of the Bureau of Public Enterprise (BPE), Benjamin Dikki in an interview in Abuja. Ahead of this timelines, according to Dikki, the bureau is “working with the Coordinating Minister of the economy to structure the development financing institutions, and right now, we have a memo before the National Council on…

Cassava takes pride place in Nigeria’s agro-economy... NAIJA INTEL

Cassava takes pride place in Nigeria’s agro-economy

Jul 29, 2013

The United Nations Food and Agriculture Organisation (FAO), has rightly pointed out that cassava has huge potential and could turn from being a poor people’s food into a 21st century crop. The Rome-based FAO said in a report that global cassava output has increased by 60 per cent since 2000 and that yields could be boosted by up to 400 per cent. It is with this in mind that experts in Nigeria’s agro business have said that the volume of cassava produce in the country is enough to make the country less dependent on crude oil as its major revenue earner….

Future of Africa in food production depends on training, emerging technologies —Kabba college provost... NAIJA INTEL

Future of Africa in food production depends on training, emerging technologies —Kabba college provost

Jul 26, 2013

Akintola Oloruniruha, Provost of the Kabba College of Agriculture, Kabba, Kogi State, sheds light on reasons for decreasing number of applicants for agric courses; exclusion of agric colleges from TetFund list; food security and technologies; contributions of the college to the sector, among others. Excerpts: The Joint Admission and Matriculation Board (JAMB) and other stakeholders recently lamented the low rate of applications to agriculture-related disciplines in higher institutions of learning. Is the trend not an indication that the plan to revamp the sector is a failure? Applicants to agriculture and related disciplines have dwindled in recent years.  There are various…

Investors prefer Southwest, says LCCI... NAIJA INTEL

Investors prefer Southwest, says LCCI

Jul 26, 2013

Which part of the country is most suitable for doing business? It is the Southwest, says the Lagos Chamber of Commerce and Industry (LCCI), quoting investors’ and entrepreneurs’ preference. In a statement, tagged: ‘The Nigerian Business Confidence Index (BCI),” LCCI said: “The confidence level of businesses located in the Southwest inched to a new high of 44 per cent from 38per cent and 30 per cent in Q2 and Q1. “This is followed by companies operating in the Southeast and Southsouth, with BCI score of 31 per cent and 21 per cent respectively.” The report said the confidence level of…

Govt to monitor real-time oil production... NAIJA INTEL

Govt to monitor real-time oil production

Jul 24, 2013

A PLAN by the Federal Government to introduce National Production Monitoring System (NPMS) that will take accurate measurement of oil production may start soon. This is coming as efforts are on to ensure more cars in the country are powered by compressed natural gas to reduce demand for petroleum products for vehicular needs. At the 2013 ministerial mid-term briefing tagged “moving the oil and gas sector to the next level”, in Abuja Tuesday, the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, explained that the ministry had concluded a pilot scheme on the monitoring mechanism. Her words: “As part of improving…

I.T. GADGET INFO

BlackBerry putting itself up for sale... NAIJA INTEL

BlackBerry putting itself up for sale

Canadian smartphone maker BlackBerry, struggling to compete in a difficult market, has set up a committee to look at options, including joint ventures, partnerships or a sale of the company. This is the strongest indication yet that the smartphone maker won’t remain independent as competition erodes sales and hammers its stock price. A special board committee will consider ways to enhance BlackBerry’s value and scale, including joint ventures, partnerships or a sale of the company, according to a statement Monday. JPMorgan Chase & Co. will serve as its financial adviser. BlackBerry shares gained as much as 9.1 percent in New…

How Nigerians use social media... NAIJA INTEL

How Nigerians use social media

With a population of 167 million and 56 million internet users as at December 2012, Nigeria is the biggest internet market in Africa. Of the 115 million mobile telephone subscribers in the country, 35 million use their handheld devices to access internet data services. Between 2000 and 2012, internet penetration grew from a paltry 0.06 percent to 34 percent, and there are indications that this trend will continue well into 2020. Nigeria will remain the largest internet market on the continent in the near future because it has a large youth population (one-third of the population is between the 10-24…

GOOGLE UNVEILS MOTO X SMART PHONE... NAIJA INTEL

GOOGLE UNVEILS MOTO X SMARTPHONE…

Google’s new Moto X smartphone doesn’t aim to be the fastest, biggest, or prettiest smartphone. It wants to be the smartest. The search giant on Thursday unveiled the first smartphone of its own design since it bought struggling Motorola last year. Rather than go toe-to-toe with top-of-the-line smartphones, such as Apple’s (AAPL, Fortune 500) iPhone, Samsung’s Galaxy S4 or HTC’s One, Google (GOOG, Fortune 500) designed the Moto X to make clever use of sensors and language processors to stay one step ahead of you. The Moto X is built upon a chip called the X8, which allows the smartphone to understand natural language and gives it situational…

Will this fresh initiative against cyber crime work?... NAIJA INTEL

Will this fresh initiative against cyber crime work?

Perhaps, one of the legacies Prof Cleopas Angaye would love to leave behind as helmsman of the National Information Technology Development Agency (NITDA) is the actualisation of the Public Key Infrastructure (PKI) designed to secure the country’s cyber space. Angaye said if the nation is to achieve its Vision 20:2020, it must embrace the PKI initiative. The project, he said, would be founded by the public and private sectors. He added that PKI is the only framework that satisfies the privacy, authentication, integrity and non-repudiation (PAIN) principle of security. “A PKI is a collection of security technologies, procedures and policies…

Software Development Can Boost Nigeria's Economy - IBM Official... NAIJA INTEL

Software Development Can Boost Nigeria’s Economy – IBM Official

Mr Taiwo Otiti of International Business Machines (IBM) West Africa, said on Monday that software development has the capability to produce high paying jobs and immensely increase Nigeria’s Gross Domestic Product (GDP). Otiti, the General Manager, IBM West Africa, made the remark in an interview with newsmen in Lagos. He said that software development had boosted the economy of many developing countries like India, and that Nigeria should exploit its potentialities. “Even in the developed countries like U.S. and the UK, software developing companies like Microsoft and Apple are major contributors to their GDP,” the IBM official said. Otiti also said…

Samsung I9505G Galaxy S4 Google Play Edition review.. NAIJA INTEL

Samsung I9505G Galaxy S4 Google Play Edition review

Introduction We’ve got something special at HQ today. The perfect Nexus phone has arrived and it looks like a Galaxy S4. This shameless poser embodies everything worth admiring from both worlds – timely updates, the unblemished stock Android experience, the highest-grade hardware money can buy and expandable storage. The Samsung Galaxy S4 Google Play Edition makes the LG-made Google Nexus 4 look like it should be in the minor league. With one swift blow Samsung managed to create a mouth-watering Nexus smartphone, featuring some really hot hardware coupled with the latest software bundle. Key features Stock Android Jelly Bean 4.2.2…

Media buyers need to look beyond the click in digital buys... NAIJA INTEL

Media buyers need to look beyond the click in digital buys

Digital advertising will not get the respect it deserves in the marketing mix, until media buyers and advertisers look at the value that it offers beyond the click, and execute their campaigns accordingly. The rise of digital is causing mayhem in the media buying market as media buyers grapple with its role in the marketing mix. The digital advertising space is rife with confusion because many of the  stats about the digital landscape are incomplete or inaccurate, and because agencies, brands and buyers do not understand its full value. Increase in the online market With the number of unique browsers (not…

Financial services consumers only 20% of telecom network – Sanusi... NAIJA INTEL

Financial services consumers only 20% of telecom network – Sanusi

The Governor of the Central Bank of Nigeria (CBN), Lamido Sanusi, on Monday, in Lagos, spoke of the need to extract more value from the existing telecom services provided to ensure financial access Delivering a keynote address at the formal launch of the Geospatial mapping of Financial Institutions in Nigeria in conjunction with the Bill and Melinda Gates Foundation (BMGF), Sanusi urged stakeholder to collaborate in achieving targets set in the Nigerian Financial Inclusion Strategy (NFIS). Fielding questions after the event, Sanusi told journalists of data showing “that out of all the areas where we have network coverage, only 20 per…