by Shikenan Staff Writer   on Fri, September 6, 2013 
online nigeria| weekly round up by september 5

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 (August30-September5)


Investments in Nigeria

  • Nigeria: Heirs Holdings Invests in Seadrill Mobil Units : The Heirs Holdings has announced that it had made a substantial investment in Seadrill Mobil Units (Nigeria) Limited, an affiliate of one of the world's leading offshore deep-water drilling companies, Seadrill. To this end, the Chairman and founder of Heirs Holdings, Mr. Tony Elumelu, has been appointed as the Chairman of the Board of Seadrill Mobil Units.
  • Nigeria: UBA to Invest U.S.$2 Billion in Power Sector : United Bank for Africa (UBA) has invested $700 million this year in financing power assets in the country and plans to put $2 billion into power projects across the continent over the next three years, its Group Managing Director/Chief Executive Officer, Mr. Phillips Oduoza said.
  • Lufthansa to Invest €3 BN in Services : A statement from the airline said these services will cover the retro-fit of the new First and Business Class, installation of FlyNet (the wifi-internet on board), new lounges at its hubs & international premium stations, a new catering concept on long- and short-haul flights as well as an enhanced service assistance for children and their parents.
  • IFC invests $5.3b in Nigeria, others : International Finance Corporation (IFC), a member of the World Bank Group, has released details of its regional activities in Nigeria and other Sub-Saharan Africa showing strong development impact through record volumes of investment and advisory services.

Nigerian Real Estate News

  • Nigerians in U.S. to Build U.S.$10 Million Trauma Hospital in Abuja : As part of its efforts to compliment the health care programme of the federal government of Nigeria, the Nigerians in the Diaspora Organization in the Americas (NIDOA) has begun plans to build a $10 million worth Trauma Hospital in Abuja, the capital city of the country.

Innovation in Nigeria/Africa

  • Nigerian firm develops oil and gas RFID solution : An indigenous IT firm, Haynes-Worth International Limited, has developed a Radio Frequency Identification (RFID) tracker solution for the offshore oil and gas industry in the country. The firm insists that it is the sole and legitimate copyright owner of the solution.

Opportunities for Nigerian/African

  • Nigeria: Free Education for All Nigerians, Now! : Niger State governor, Babangida Aliyu, dispelled one sneaky suspicion Nigerians have of their government at a public forum recently when he said that the country can afford to educate all citizens free of charge at the primary and secondary levels, with enough left to subsidise tertiary education.

Entrepreneurship in Nigeria/Africa

  • Nigerian-American Entrepreneur Uses Playtime to Change the World : The SOCCKET, an energy harnessing and supplying soccer ball invented by social entrepreneurs Jessica O. Matthews. As social science students at Harvard University, the two teamed up for a project in their class on engineering for non-engineering majors. Faced with the task of devising a solution to a problem facing the world, Matthews and Silverman dreamed up the innovative concept in 2008.


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