In the quest to bridge the nation’s huge housing deficit, the Federal Government has signed a Memorandum of Understanding with an international firm for the construction of 15,000 affordable houses across the country within 12 months, at a cost of $1.5 billion (about N300 billion).

Africa’s richest man, Alhaji Aliko Dangote has invested N80billion ($400million) to set up a cement plant in Kenya through East Africa Portland Cement Company (EAPCC). Dangote entered Kitui County’s limestone mines through the Kenya’s local cement in order to open $400 million, representing Sh34.8 billion Kenyan currency in Kitui County, Kenya.

Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and Globacom have signed a pact to empower 17 million Small and Medium Entrepreneurs (SMEs) in the country. Officials of the two organisations signed a Memorandum of Understanding (MOU) on the partnership at Globacom office in Lagos.

The Federal Government directives to the Nigerian Civil Aviation Authority ,NCAA, to remove and ground all foreign aircraft registered in the private category that are listed on the Operations Specifications (Ops Specs) Part G of some Air Operator Certificate holders takes effect this week.

Shareholders of Nestle Nigeria Plc will have their final dividend for the year ended December 31, 2014 slashed by 27 percent, if the amount being proposed by the Board of Directors is approved at the next Annual General Meeting, AGM, in three months’ time.