An indigenous oil company operating in Rivers State, BelemaOil Producing Limited, has awarded scholarships worth more than N100 million to 374 indigent students of its host communities. The scholarship, which was in three categories- postgraduate, undergraduate and post-primary- is part of the company’s corporate social responsibility policy, under the NNPC/BelemaOil Joint Venture (JV). Out of…
read moreAbout the Competition The 2018 Africa Energy Innovation Competition is set to accelerate the development of early-stage energy firms across Africa. Across Africa, the main energy challenge is to rapidly deliver modern energy services to millions of households and businesses using sustainable and affordable energy technologies. This competition challenges early-stage energy entrepreneurs from Africa to…
read moreOne of the interesting business transformation in recent times is the shift from shareholder consciousness to stakeholder consciousness, competition to collaboration, and from profit greed to shared value. With the new shift, firms are now building long-term profitability and existence that is hinged on cohesion across key stakeholders. Such relationship is possible through ‘stakeholder engagement’…
read moreAuthor ~ Ebuka Onunaiwu In our previous review of “default rate was a mere 0.17%. Usually, a down payment of 30% is made on mortgages, which is 5% higher than that of Nigeria. However, interest rate on mortgage in China is about 6%, almost 4 times lesser than Nigeria’s. It is important to recall that…
read moreNigeria lost N1.74trillion to the absence of the Petroleum Industry Governance Bill (PIGB) in 2013, according to the Nigeria Extractive Industries Transparency Initiative (NEITI). NEITI in a media statement, signed by Director, Communications & Advocacy, Dr Orji Ogbonnaya Orji, on Sunday, commended the National Assembly for the passage of PIGB, NEITI saying the sector had…
read moreThe MD/CEO of Equity Assurance Plc a member of SUNU Group; Mr. Moruf Apampa has described Corporate Social Responsibility as very vital at Equity Assurance Plc as it is incorporated into the company’s business model. He said this is often reinforced with the company’s offeringof needed benefits to the society. Apampa said Equity Assurance Plc’s…
read moreThe Chief Executive Officer, Tony Emulelu Foundation Lagos, Mr Tony Emulelu, said on Tuesday the organisation would create over one million jobs across Africa in the next 10 years through its entrepreneurship Programme. The foundation floats the over N3 trillion entrepreneurship. Emulelu, a former Managing Director of United Bank for Africa (UBA) Plc, said this…
read moreThe Global Sustainable Electricity Partnership (GSEP) has had a long-standing commitment to education. In 2001, the Partnership reinforced this commitment by establishing the Education for Sustainable Energy Development (ESED) scholarship program to support students from developing countries and economies in transition. The ESED program offers master’s level scholarships to outstanding students for a period of…
read moreThe purpose of the programme The purpose of the Guest Researchers’ Scholarship Programme is to provide opportunities for Africa-based researchers with a PhD to pursue their own research projects, thereby indirectly strengthening the academic milieux in African countries. The scholarship offers access to the Institute's library and other resources that provide for a stimulating research…
read moreField of activity One of the major problems related to developing the Nigerian economy is the inadequate power supply. The declared aim of the new government is to remedy this situation with a package of measures. The promotion of Renewable Energy (RE) and sound energy planning frameworks play a crucial role in ensuring security of…
read moreCan businesses really achieve their goals without causing unpleasant footprints in the society? As the saying goes: ‘you cannot make an omelet without breaking eggs’. Many countries or communities in which businesses operate face significant challenges in air or noise pollution, environmental degradation, economic hardship, infrastructure decay, and more. For example: Research on “Economic Burden…
read moreAuthor ~ Funmi Akindejoye Air pollution constitutes the largest health risk among all environmental risks, according to the World Health Organization (WHO), 92% of the world’s population breathes substandard air as they live in places where air pollution exceeds safe limits. Annually, about 6.5 million deaths around the world are attributed to poor air quality…
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