Monday 14th October 2019
Monday, 14th of October 2019
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Bloomberg: Global clean energy investment fell 18% in 2016


Chinese slowdown and falling costs of solar power were two of the reasons global clean energy investment fell 18% in dollar terms in 2016, according to Bloomberg New investment in clean energy worldwide fell 18% last year to $287.5 billion, despite a record year for offshore wind financings, according to the latest authoritative figures released on Thursday, 12 January 2017 by research company, ...

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Access Bank bags ‘Bank of the Year’ award

Access Bank

Access Bank has affirmed its leadership of the Nigerian banking industry with its recent recognition as the “Bank of the Year” at the 17th annual Bank of the Year awards black-tie dinner in London. The award, which validates other nine international honours earned by the bank over the past 10 months for operation, responsible business practices and innovation, is unarguably ...

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EnviroNews launches mobile app

environews logo

Leading online environment and development magazine, EnviroNews Nigeria, has launched an Android version of its mobile app. The mobile app makes it easy and convenient for its readers across the world to access the medium’s multimedia news and stories via their smartphones. Commenting on the development, Publisher/ Editor, Mr. Michael Simire, said: “This is a vital first step forward in ...

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Nigerian youths charged on green business models


Nigerian youths have been advised to avail themselves of opportunities that enhance their capacities to develop small businesses that increase access to food, shelter, and clean energy technologies, among other green investments that help in the adaptation to the impacts of climate change. Such innovative business ideas would qualify them to access loans and grants from international and national financial ...

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Petroleum technologists honour Shell boss

Mr. Osagie Okunbor

The Petroleum Technology Association (PETAN), an association of indigenous technical oilfield service companies in the upstream and downstream sectors, honoured the Shell Petroleum Development Company of Nigeria Ltd (SPDC) with the Distinguished Achievement Award (Corporate) at their 2016 Oil Industry Awards Dinner this month in Lagos, the latest recognition of the company’s pioneering role in Nigerian content development. PETAN also ...

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Ogun APC chieftain congratulates Akeredolu

Chief Tolu Odebiyi

A chieftain of the All Progressives Congress (APC) in Ogun State, Chief Tolu Odebiyi, has congratulated Barrister Rotimi Akeredolu on his emergence as the Governor-Elect of Ondo State. In a statement on Monday by his Media Office, Odebiyi said Akeredolu’s emergence is a reflection of the abiding faith of Nigerians in the APC as the party capable of rescuing the ...

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Ikpeazu and the industrialisation of Abia

Governor Okezie Ikpeazu of Abia State

Former president, Olusegun Obasanjo, is not a man given to flatteries. It’s far easier for him to find faults than to give credit. And there are good reasons for that. His pessimism about politicians has a lot to do with his experience about the affairs of this country. He knows what politicians are capable of doing, and what they mean ...

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Why nation should shift from mono to diversified economy


Thomas Kuhn was the first scientist to use the term paradigm shift in his influential book titled, “The Structure of Scientific Revolutions” in 1962. He opined that “a successive transition from one paradigm to another via revolution is the usual development of mature science.” Kuhn maintained that, as paradigm shifts via revolution, multiple prosperity and some anomalies come with it. ...

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NNPC, Shell, banks in $2.2bn contractor support scheme

Mazi Bank-Anthony Okoroafor

Shell Companies in Nigeria, supported by the Nigerian National Petroleum Corporation (NNPC), has signed Memoranda of Understanding (MoUs) with eight Nigerian banks under the refreshed Shell Contractors’ Support Fund, the latest milestone in efforts to improve access to finance for Nigerian vendors and suppliers in the oil and gas industry. Under the MoUs signed in Lagos in November, Access Bank, ...

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Nigeria’s economic policies encourage unemployment – Summit

Mr Kanmi Ayodeji

The rising rate of unemployment in Nigeria has been traced to the anti-job creation policies of the government from the ICT sector to government direct employment, youth entrepreneurship scheme among others. Nigeria, with a population of 182,201,962, is battling with 49.5 per cent youth unemployment rate as at second quarter 2016. Experts and economic stakeholders who spoke Wednesday in Lagos ...

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