Urgently Hiring
A digital agency and tech skills in Ibadan, Oyo State is hiring to fill the position of a Web Developer/Instructor with the following skillsets
1. HTML
2. CSS
3. JavaScript
4. Bootstrap
5. PHP
6. MySQL
Position is available for immediate employment, kindly send a WhatsApp Message to 08166351971 and further details would be given as regards the position.
Please note that successful candidates would be required to start immediately.

Urgently Hiring
A digital agency and tech skills in Ibadan, Oyo State is hiring to fill the position of a Web Developer/Instructor with the following skillsets
1. HTML
2. CSS
3. JavaScript
4. Bootstrap
5. PHP
6. MySQL
Position is available for immediate employment, kindly send a WhatsApp Message to 08166351971 and further details would be given as regards the position.
Please note that successful candidates would be required to start immediately.

A creative and IT agency with location in Lagos and Ibadan is looking to employ the services of a sales representative urgently.

Applicants in Lagos and Abuja will be required to work part time while applicants in Ibadan will be required to work full time.

Applicants must be based in Ibadan, Abuja and Lagos
Must be creative and responsive.
Must be able to meet and surpass monthly projected sales goals
Must be able to work under pressure


Selected applicants will commence work immediately.

Interested candidates should chat us on WhatsApp via 07039221997 (chat only)

Position is commission based

Graphics Designer Needed Urgently

A creative agency with location in Lagos and Ibadan is looking to employ the services of a graphics designer urgently.

Applicant must be based in Ibadan
Must be able to use adobe photoshop, Corel draw, Adobe Illustrator
Must be creative and responsive.
Must be able to work under pressure

Role is full time (with the flexibility to work from home for the first 3 months).

Selected applicants will commence work immediately.

Interested candidates should chat us on WhatsApp via 07039221997 (chat only)

Graphics Designer Needed Urgently

A creative agency with location in Lagos and Ibadan is looking to employ the services of a graphics designer urgently.

Applicant must be based in Ibadan
Must be able to use adobe photoshop, Corel draw, Adobe Illustrator
Must be creative and responsive.
Must be able to work under pressure

Role is full time (with the flexibility to work from home for the first 3 months).

Selected applicants will commence work immediately.

Interested candidates should chat us on WhatsApp via 07039221997

Graphics Designer Needed Urgently

A creative agency with location in Lagos and Ibadan is looking to employ the services of a graphics designer urgently.

Applicant must be based in Ibadan
Must be able to use adobe photoshop, Corel draw, Adobe Illustrator
Must creative and responsive.

Role is full time (with the flexibility to work from home for the first 3 months.

Selected applicants will commence work immediately.

Interested candidates should chat us on WhatsApp via 07039221997

This thread is for those who want to learn python programming, HTML/CSS/WordPress, graphics design and digital marketing in Ibadan.
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In line with the Federal Government’s plan to reduce the nation’s reliance on oil, Seplat Petroleum Development and Nigerian National Petroleum Corporation (NNPC) is set to raise $700-million to build a joint gas project scheduled to start production next year.

The project, which is known as Assa North-Ohaji South, will boost gas production and infrastructure development in Nigeria, Africa’s biggest producer of crude oil. The plant will be developed, built and operated in Imo State by Nigeria by ANOH Gas Processing Company, owned by Seplat, and the Nigerian Gas Company, a unit of the NNPC.

According to the CEO of Seplat, Mr Austin Avuru, to raise the capital for the project, Seplat and the NNPC will provide 60% of the funds as equity, while ANOH will source the balance as debt. He said, “Both parties already have each contributed $100-million in equity,” Stating that “There will be another equity injection and at the back end of it will be debt,’’.

Mr Avuru also stated that “Nigeria’s government is encouraging investments in gas infrastructure to improve supplies to power companies and diversify the economy away from oil, which currently accounts for the bulk of revenue. ANOH will target local customers and has the capacity to double production depending on domestic demand and the availability of feeds including third-party gas,”.

According to Seplat’s CEO, the plant will process wet gas from the unitized upstream fields at OML 53 and OML 21, with an initial capacity of 300-million standard cubic feet per day.

He pointed out that the plant has a scheduled to begin production by the last quarter of 2020 and the first supply is targeted to be made by 2021.

https://www.bnafrica.com/index.php/2019/04/13/nigeria-nnpc-seplat-petroleum-to-raise-700m-for-gas-plant-project-due-in-2020/

Africa’s foremost online marketplace; Jumia Technologies AG, after filing its applications, has achieved a trailblazing milestone by becoming the first-ever African technology company to be listed on the world’s largest stock exchange-the New York Stock Exchange (NYSE).

The African online market giant was listed on the NYSE with the ticker symbol JMIA with trading shares beginning at $14.50, however, the stock traded up at the close of the day at $25.46 per share.

The recent SEC filing indicates that Jumia is offering 17.6 per cent of all company shares with 13,500,00 ADR shared at an opening price spread of $13 to $16 dollars per share. This feat could raise about $216million for Jumia, as Jumia’s Initial Public Offering (IPO) surged more than 75 per cent on its first day of trading at NYSE on Friday.

The company’s Co-founders, Sacha Poignonnec and Jeremy Hodara expressed their excitement over the newest milestone achieved by the company.

According to a statement made available by the company, the duo credited the successful listing to the hardworking teams that made it possible. “This achievement has been made possible thanks to the hard work of our teams, the trust of our consumers, as well as the commitment of our sellers and partners. All stakeholders deserve credit for this milestone, and we are just at the beginning of a long and great journey. We are going to continue to focus on our mission and to work even harder to help consumers, sellers, partners, and all stakeholders benefit from this technological revolution.”

The Head of International Capital Markets at the NYSE, Mr Alex Ibrahim, stated that Jumia listed as an African technology company on the stock exchange.

According to him, “We are very excited about Africa because what we saw here today was amazing. This company priced extremely well, traded up to the largest volumes,

“So, that showed the interests by investors not only very large institutions but even the retails here in the U.S., the dynamics were extremely impressive. We are expecting to see other companies from the region in different segments of the tech space to potentially consider U.S. listing,”

He added that “The interests by the U.S. investors was extremely strong so I’m assuming that investors will continue to look into Jumia because they provide the vehicle to tap into the region that is growing and providing access to U.S. investors to buy these products that actually mirrors the growth of the region,”

Confirming the stock report of Jumia on the trading floor, the Corporate Communications officer, Intercontinental Exchange at the New York Stock Exchange, Ms Lisette Kwong, also told newsmen that Jumia’s IPO was set at $14.50 but it actually opened and closed at higher prices.

According to her, “Last night before the stock opened, it was set at the price of $14.50. The opening price was $18.95 and then it closed at the end of the day at $25.25. So, it was really great,”

Though the listing has raised concerns about the company excluding the NSE. Jumia being on the NYSE has excluded Nigerian investors from purchasing its shares.

However, the listing is also viewed as a ray of hope as it could foster and strengthen foreign investor confidence in Africa’s e-commerce industry.

https://www.bnafrica.com/index.php/2019/04/13/nigeria-jumia-becomes-1st-african-tech-company-on-nyse/

The Nigerian Stock Exchange (NSE) ended Wednesday’s trading session on a positive territory as the All Share Index closed at 29.347.62 basis points, up 0.50% making the year to date index down by 6.63%.

According to the report, NEM Insurance Plc’s stock performed best with its stock gaining 10% to close at N2.20. While the Niger Insurance Plc also gained 10% to close at N0.22. The stocks of Fidelity Bank Plc also rounds up the top three gainers the day as the stock gained 8.70% to close at N2.00.

On the reverse, Ikeja Hotel Plc’s stock performed worst today as the stock declined by 9.76% to close at N1.85, while ABC Transport Plc fell by 8.33% to close at 0.44. Also, Eterna Plc rounds up the top three losers for the day as the stock shed 8.05% to close at N4.00.

According to the day’s report, the daily top trades by volume had Lasaco Assurance Plc with the most actively traded stock as 42 million shares valued at N12 million were traded in 9 deals. Next, Access Bank Plc was next with 21 million shares valued at 218 million traded in 195 deals. While FBN Holdings Plc rounds up the top three most actively traded stocks today with 17 million shares valued at N131 million were traded in 251 deals.

https://www.bnafrica.com/index.php/2019/04/11/nse-accessbank-maintains-top-traded-stock-at-trading-floor/

The Nigerian Stock Exchange (NSE) ended Wednesday’s trading session on a positive territory as the All Share Index closed at 29.347.62 basis points, up 0.50% making the year to date index down by 6.63%.

According to the report, NEM Insurance Plc’s stock performed best with its stock gaining 10% to close at N2.20. While the Niger Insurance Plc also gained 10% to close at N0.22. The stocks of Fidelity Bank Plc also rounds up the top three gainers the day as the stock gained 8.70% to close at N2.00.

On the reverse, Ikeja Hotel Plc’s stock performed worst today as the stock declined by 9.76% to close at N1.85, while ABC Transport Plc fell by 8.33% to close at 0.44. Also, Eterna Plc rounds up the top three losers for the day as the stock shed 8.05% to close at N4.00.

According to the day’s report, the daily top trades by volume had Lasaco Assurance Plc with the most actively traded stock as 42 million shares valued at N12 million were traded in 9 deals. Next, Access Bank Plc was next with 21 million shares valued at 218 million traded in 195 deals. While FBN Holdings Plc rounds up the top three most actively traded stocks today with 17 million shares valued at N131 million were traded in 251 deals.

https://www.bnafrica.com/index.php/2019/04/11/nse-accessbank-maintains-top-traded-stock-at-trading-floor/

The Board of the African Development Bank (AfDB) has approved an institutional support grant of $4.8 million to be disbursed to the African Union (AU) in order to accelerate the momentum of the African Continental Free Trade Area Agreement (AfCFTA), which received its 22nd ratification on 2 April, 2019 bringing the agreement into force.

In its press release, the AfDB stated that the AfCFTA is a major force for continental integration. According to the AfDB, the AfCFTA will expand intra-African trade by up to $35 billion per year and usher in freedom of movement for goods, services and people across the continent’s internal borders, with a regime of reduced tariffs and non-tariff barriers drastically reducing the cost of doing business on the continent. The act will also boost agriculture and industrial exports by up to $66 billion per year.

In the press release, it is stated that the AfDB’s grant to AfCFTA is targeted at laying the institutional foundations for the AfCFTA implementation secretariat as well as the rollout of the implementation programmes.

Read More: https://www.bnafrica.com/index.php/2019/04/11/afdb-board-approves-4-8m-grant-to-accelerate-african-free-trade/

The President of the African Development Bank (AfDB), Mr Akinwumi Adesina, speaking at a high-level dialogue in Washington D.C. said the United States has a strong role to play in expanding opportunities in Africa.

According to Mr Adesina, “It is time to turn around the declining investments of the U.S. in Africa. As the world’s private sector leader, the United States has a unique role to play in increasing investments in Africa and expanding opportunities for the U.S. private sector,”.

The event which was convened by Orrick, an international law firm with more than 25 offices across the globe, had in attendance U.S. Congresswoman Karen Bass, Chairwoman of the House Foreign Relations Subcommittee on Africa, Global Human Rights, and International Organizations; Thomas R. Hardy, Acting Director of US Trade and Development Agency; the Center for Global Development; representatives of the Presidential Advisory Council on Doing Business in Africa (PAC-DBIA); the American Jewish International Relations Institute; pension funds, private equity firms and African ambassadors.

The AfBD President further acknowledge the support of the U.S for Africa so far, however, he said, “ Now is the time to scale up and take advantage of opportunities that other global players are already investing in,”.

Mr Adesina sharing his vision on the importance of the Bank in developing the continent urged American businesses and entrepreneurs to engage more with Africa, he stated that “I strongly encourage you to look at Africa from an investment lens and not a development lens. Africa is a continent of huge untapped opportunities in power, infrastructure, IT and agriculture, which many other global players are already beginning to realize,”.

Speaking on the various projects and initiatives of the AfDB, Mr Adesina said: “this first-ever gathering of world-class investors exceeded all expectations with projects worth over US$38.7 billion securing investment interest in just 72 hours,”.

He further pointed out that the Africa Investment Forum was convened by the AfDB in Johannesburg, South Africa in November 2018, in partnership with several African development finance institutions, as a means to bridge the continent’s growing infrastructure investment gap.

The President also encouraged attendees and other stakeholders to support one of the bank’s initiatives called, the Affirmative Finance Action for Women in Africa (AFAWA), as a means of changing the balance of financing because “women run Africa.”

According to him, AFAWA is a USD$300 million risk sharing facility designed to unlock USD$3 billion in credit for women-owned businesses and enterprises in Africa.

He further stated that the AfDB intends to introduce a ranking mechanism to evaluate financial institutions based on the share and quality of their lending to women and subsequent socio-economic impact.

Also speaking at the event, Congresswoman Bass, enumerated the role of the African Development Bank in financing the continent’s development needs, saying “Africa is fast becoming the continent of the future,”.

According to her, the U.S is committed to ensuring support for the work done by the African Development Bank.

She stated that “This discussion comes at a critical juncture for the future of Africa. It is widely accepted that Africa is an investment hub. I personally and many of my colleagues will continue to advocate for full funding or increased funding to the Bank,”

Congresswoman Karen Bass in concluding her statements acknowledged that Africa needs investment in large infrastructure projects, such as roads, railroads, ports, and transnational highways, “to achieve both structural transformation and market integration.”

She further added that the U.S. Congress was continually considering the best ways to increase investments especially, on the continent, stating that her office is exploring legislation to help facilitate investment in infrastructure projects.

She added that the AfDB’s High 5s project– Light up and Power Africa, Feed Africa, Industrialise Africa, Integrate Africa and Improve the Quality of Life for the People of Africa align with policy priorities that the United States Congress has been focusing on.

On her final note she said, “So, I leave you with the understanding that members of the U.S. Congress are your allies on this front,”.

https://www.bnafrica.com/index.php/2019/04/11/afdb-president-charges-u-s-on-increased-investment-in-africa/

NIGERIA: Borno State Government Builds Largest Solar Panel Factory In Africa

Borno State Governor, Kashim Shettima’s has unveiled Africa’s biggest Automated Solar Panel manufacturing plant in the State.

The solar factory, located at Jimtilo Village, is the largest in the country as well as in Africa. The factory is fully automated with the capacity to produce 40 Megawatts worth of panels in a year; where each panel is designed to power 300 watts capacity. This conspicuous project will put the State on the map of technologically advanced States in Africa and set the stage for the industrialisation of Borno State.

This auspicious development is coming months after Borno residents complained of lack of power supply. Competing with solar plants in other African countries, the Borno State government has successfully built the cheapest, best and biggest solar plant in Africa, beating the South African and Egyptian large solar plants.
Read more
https://www.bnafrica.com/index.php/2019/04/02/nigeria-borno-state-government-builds-largest-solar-panel-factory-in-africa/