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Nigeria and a German firm, Messrs GAF, on Thursday signed a contract that would enable the country to migrate its mining cadastre operations and services online. The Director General, Mining Cadastre Office, Mr Mohammed Amate, signed the contract sponsored by the World Bank on behalf of Nigeria, while Dr Tobias Wever signed on behalf of the German firm…
More details through: https://punchng.com/nigeria-german-firm-sign-contract-for-mining-automation/
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Nigeria looks set to witness the relaunch of Jeep, Fiat and Dodge, three popular automobile brands under the stable of Kewalram Chanrai Group. A statement by the auto firm said the resurgence of the auto brands in Nigeria was based on the demand by its customers, adding that it planned to leverage the firm’s customer relationship and nationwide after-sales network to further endear the products to the hearts of the vehicle buying public…
More details through: https://punchng.com/jeep-fiat-dodge-set-for-relaunch-in-nigeria/ Nigeria internet data report released by the Nigerian Communications Commission, NCC, has revealed that Nigerian internet subscription data increased from 103,671,778 in July 2018 to 104,628,642 in August 2018.
The report which captured the growth trend from September 2017 to August 2018 indicates that the country recorded 1,056,864 increase in one month. It shows that MTN maintained its dominant position with 36.4million, followed by Airtel 27.5million, Globacom 27.4million and 9Mobile trail behind with 10.2million totaling 104million in the month of August 2018… More details through: https://www.vanguardngr.com/2018/09/nigerias-internet-subscription-rises-to-104m-2/ The Nigerian economy recorded a total investment commitment of $45.7bn in various sectors of the economy within the first six months of this year. Figures obtained from the Nigerian Investment Promotion Commission showed that the $45.74bn investment commitments were made for 42 projects in nine states and the Federal Capital Territory…
More details through: https://punchng.com/nigeria-records-45-7bn-investments-in-six-months/ Royal FrieslandCampina WAMCO has strengthened its business in the Nigerian dairy industry with a fresh injection of €23 million (N300billion) into its operations. It is part of its sustainable Dairy Development Programmes. The firm, which manufactures Peak Milk, has been at the epicentre of Nigeria’s dairy market revolution. Upon the announcement of this investment, the company said it was consolidating on its previous efforts to address the deficit in milk production in Nigeria…
More details through: https://www.thisdaylive.com/index.php/2018/09/22/firm-invests-300bn-in-dairy-market/ More Nigerian families are turning to the In-vitro fertilization (IVF) procedure leading to a boom in a market valued at over N17billion as improved awareness fuels greater patronage but absence of efficient regulation has constituted a threat, medical experts say. Between 5,000 and 10,000 couples every year, turn to the procedure according to figures given…
More details through: https://www.businessdayonline.com/exclusives/article/nigerias-booming-n17bn-ivf-market-threatened-poor-regulation/ U.S. firm, Coca-Cola, is planning to take over Nigerian company, Chi Limited, by the end of the first quarter of 2019. According to a report by Reuters, on Wednesday, the president of Coca-Cola’s West Africa business said the Atlanta-based company aims to complete the deal by the end of the first quarter of 2019…
More details through: https://www.premiumtimesng.com/business/business-news/284587-coca-cola-considers-buying-off-nigerian-firm.html The Nigerian Ports Authority and the Guangzhou Ports Authority of China have signed a two-year Memorandum of Understanding to establish a port relationship that will see both sharing best practices and experience in port operations and management.
The MoU is also aimed at strengthening communication and cooperation on investment and promotion, innovative technologies and personnel exchanges, infrastructural and port scientific technological development… More details through: https://punchng.com/npa-china-port-sign-mou-on-port-management/ The Nigerian Railway Corporation (NRC) has opened bids to pre-qualify contractors for its 2018 projects with over 1000 participating…
More details through: https://www.vanguardngr.com/2018/09/1000-contractors-apply-for-nigerian-railway-corporations-projects/ The federal government and its Japanese counterpart have signed a Memorandum of Understanding (MoU) to promote quality infrastructure investment between both countries. The Minister of Transportation, Chibuike Rotimi Amaechi signed the MoU on behalf of government with Japan’s State Minister of Land, Infrastructure, Transport and Tourism, Tsukasa Akimoto in Abuja…
More details through: https://www.thisdaylive.com/index.php/2018/09/14/fg-japan-sign-mou-on-infrastructure-investment/ |
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