by Shikenan Staff Writer   on Fri, June 7, 2013 
online nigeria| weekly round up by june 6

We skip the Nigerian political scene & gossip. We go straight to finding opportunities, innovative , informative , and good to know articles that matter to Nigerians in Diaspora happening each week around the internet. Weekly Roundup | The best of Nigeria Online (May31-June6)


Investments in Nigeria

  • Local, foreign investors create N912.4bn worth of new investments in Nigeria : Some pockets of new investments were recorded in the economy in the last few years, data tracked by Financial Vanguard has revealed. The new investments came from Nestle Nigeria Plc, Dangote Cement Plc, Lafarge WAPCO Cement Plc; Western Metal Products Company Limited (WEMPCO Group) and Teragro, the agro-business subsidiary of Transnational Corporation of Nigeria (Transcorp), Makurdi, Benue State.
  • Nigeria: Korea to Invest U.S.$30 Billion in Power Sector : The federal government on Friday signed a Memorandum of Understanding (MoU) with HQMC of Korea. The company committed to invest $30 billion in the power sector in the country in the next 10 years, a statement from the ministry of power said.


Nigerian Real Estate News

  • Mara, JS Groups, others to build float glass manufacturing plant in Nigeria : In a move to significantly contribute to remedying the shortage of domestically produced float glass, Egi MJG Float Glass, a joint venture between the Egi Community in River State, Mara Group, JS Group and Ghani Group, has announced the groundbreaking for their first float glass manufacturing plant in Nigeria.

Opportunities for Nigerian/African


  • NIIT announces the 14th I.T. Scholarship in Nigeria : NIIT Ltd has announced the 14th NIIT Nigeria I.T. Scholarship 2013, to enable meritorious students seek a career in the fast growing IT sector in the country. These students, post successful training, will go on to join the IT industry in Nigeria and become a part of global skilled IT talent pool.

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