Saturday, November 26, 2016

FG Plans To Build 1,00km Pipeline From Niger Republic To Kaduna Refinery

The General Managing Director Of Nigerian National Petroleum Cooperation, on Friday disclosure that the Federal Government are planning to build 1,000 kilometres of pipeline from Agadam Niger Republic, to supply crude oil to Kaduna refinery.
The GMD,Mr Baru said  “President Muhammadu Buhari has made several contacts with the President of Niger Republic .
“We are talking with Niger Ministry of petroleum. We are also talking with the Chinese Company operating in Agadam .”
Mr Baru also stated that "some investors have shown interest to build another refinery of 50,000 barrels pay day capacity.
“We are convincing them to come and build side by side with the Kaduna refinery.
“The intention is to build around Kano but we think there is greater synergy to what I have seen here. I am more convinced they will benefit from some of the utilities of Kaduna refinery.”

Friday, November 18, 2016

The First Digital Agricultural Platform In Nigeria

Nigeria is said to anchor it's first digital agricultural platform which is Farmcrowdy.com, Farmcrowdy.com is where people can participate in agriculture using technology. i.e A farm partners is allow to sponsor any farm of their choice including maize, poultry (broiler), cocoa, cassava and tomato farms. The farm partners then get bi-weekly updates about their farm progress including pictures and videos from the farmers.
According to the co-founder & CEO of Farmcrowdy.com, Onyeka Akumah "The company had acquired over 1,000 hectares of farmland in  Oyo and Ogun states to launch the initiative."
However, The co-founder & CEO made us to know that “With one farmer working on one hectare per season, we will be able to engage a minimum of 1,000 farmers with Farmcrowdy. Our goal is to secure 10,000 hectares around the eastern parts of Nigeria and the Lakaji corridor in order to make use of dams and irrigation facilities in these areas.”

Wednesday, November 16, 2016

RBS May Face Penalty Based On US Mis-selling Scandal

According to the body which controls the taxpayer stake in the bank,it was stated that the "Royal Bank of Scotland could face a penalty of more than £9.6bn to settle a decades-old mis-selling scandal of residential mortgage-backed securities (RMBS) before the 2008 banking crisis in the US.

The scale of the penalty is one of the reasons cited by the chancellor, Philip Hammond, for abandoning any hope of further reducing the taxpayer stake, which currently stands at 73%.

However, James Leigh-Pemberton pointed to negotiations under way between the DoJ ( US Department  Of Justice) and Deutsche Bank, which have started at $14bn. He said the RBS fine “might be $5bn, it might be $12bn”. He added: “Based on the assessment of the fine was on market estimates: analysts are expecting the bank to set aside between £4.2bn and £9bn of further provisions for RBS to cover fines and legal fees in the next three years."

The bank has now set aside £3.8bn to cover other aspects of RMBS and billions more for other misdemeanours. 
Whatsapp Support With Blackberry Platforms Now Ends Mid Next Year

Blackberry user will now be able to use Whatsapp on their devices till the mid of next year, This is because Whatsapp has decided to extend it's support.
  
According to the Whatsapp Spokesman, He said "As we mentioned in our blog, we plan to no longer support several platforms, and will be supporting a few until the end of June 2017 and this is because these platforms don’t offer the kind of capabilities we need to expand our app’s features in the future."

However, These platforms which Whatsapp plans not to longer support includes BlackBerry OS, BlackBerry 10, Nokia S40, Nokia Symbian S60, Android 2.1 and 2.2, Windows Phone 7 and iPhone 3GS/iOS 6.

The company confirmed that the service would also be halted on Android 2.1 and Android 2.2 as well as Windows Phone 7 at the beginning of 2017.
The Demand For Automobile Decline Drastically In Nigeria

Due to the economic crisis in Nigeria the demand automobile has reduced by 37.5% i.e From 400,000 - 250,000 of its annual sale volume of automobiles.

According to a chat that the Director-General, National Automotive Design and Development Council, Mr. Aminu Jalal had with journalists in Abuja on Tuesday.

He said, “The current economic situation is affecting the market share of vehicles. For every one per cent growth in GDP, demand for vehicles grows by two per cent.
“But when there is recession, people stop buying vehicles and the demand goes down. A lot of people will not want to change their vehicles because of the economic situation and you will expect them to keep using such car for a longer period.

Tuesday, November 15, 2016

The 5 Keys To Get Started By Richard Branson

The key to success, according to Richard Branson, is not only productivity and motivation but intention.
According to the Virgin Group CEO recent blog post “A day without intention is a day wasted,”. "Without intention, there can be no productivity, and in turn no success."

If you are planning to start a business, The billionaire entrepreneur writes that intention is the driving force.

5 Steps through which you can get started
by Richard Branson:

1. Start Everyday Fresh
If you “get caught up in the challenges of yesterday or focus too much on the past, it can be hard to move on and achieve future goals,” he writes.
2. Write your intentions down.
By writing your ideas and thoughts down, it’s “easier to turn your intentions into actionable and measurable goals,” Branson writes.
3. Use your time wisely.
As busy entrepreneurs, time is valuable. Branson uses all of his extra minutes while traveling, he even interviewed Virgin Group CEO Josh Bayliss in the back of a car during a traffic jam.
4. Think ahead.
“Intention in its very essence is a futuristic act," Branson writes. "We cannot change the past, so there's no point of dwelling on it. The key to being productive is thinking ahead.”
5. Have fun.
"As the saying goes, time flies when you're having fun," Branson writes. "Just don't get side-tracked by having too much fun. Wait. is too much fun even possible?"
Google Plans To Open A New UK Headquarters building In London

Google today announced plans to open a new UK headquarters building in London, which the BBC reports could create up to 3,000 jobs in the country by 2020.
Sundar Pichai, Google CEO, told the BBC the company sees "big opportunities" in the UK. This is despite the country's decision to exit the European Union in June — a move that has led to many big businesses considering relocating their European headquarters from London to mainland Europe.

It was stated that the new headquarters will be based on Google's King's Cross campus, which will consist of three buildings altogether, which includes two leased properties. The entire campus, including the new purpose-built 650,000 square-foot HQ, will house 7,000 employees. Google currently employs 4,000 people in the UK.
In a press release, Mayor of London Sadiq Khan said: "This is a vote of confidence in our great city - creating high-skilled jobs, supporting growth and demonstrating that London is open to business, new investment and talent from around the globe.
However, It was told that the construction on the second building Google will lease began earlier this year and staff are set to move there in 2018.