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Trade Volume: Nigeria-Norway Hits $30 Billion in Trade

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  • Trade Volume: Nigeria-Norway Hits $30 Billion in Trade

Norwegian Ambassador to Nigeria, Jens-Peter Kjemrud, has disclosed that the volume of trade between Nigeria and Norway now stood at $30 billion.

Kjemprud, who was speaking at a stakeholders’ meeting to present and promote investment opportunities in Norway for prospective Nigerian investors, said Nigeria is Norway’s biggest trading partner on the continent and there is room to do more.

The Ambassador said Federal Government can attract investors with tax incentives, however, he called on the President to do more in the area of security.

He further stated that Norwegian investors are interested in Nigeria’s energy sector.

“As you have heard here today, we have focused a lot on the energy sector. If Nigeria is going to improve in the manufacturing sector, the country needs to have stable and cheap power supply. If not, the manufacturing sector will not be competitive in the current market. We are one of the biggest players in global maritime activity and we have told our Nigerian partners that technology is the future and Nigeria has to be prepared for it. There is technology here which is being utilised but there is a need to take it to the entire sector and for government to support it.” – Kjemrud

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

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Measurement and Evaluation Agency to enlighten the PR Industry at the 17th Edition of Evaluate PR

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P+ Measurement Services, a leading Media Intelligence and Performance agency in Nigeria, cordially invites Public Relations and Communications professionals to its 17th Edition of Evaluate PR event.

The event which is often convened via Twitter is set to take place via Google Meet platform due to the ban on the use of the micro blogging app in Nigeria. The event will be grazed by communications and measurement professionals who will share key insights from their wealth of knowledge and experience in PR and Measurement of communications to educate the audience, and it promises to be an interactive session.

Evaluate PR is an highly informative event in the PR Industry, and the 17th Edition will feature Mark Weiner, Chief Insights Officer for Cognito Insights, New York, USA and Kenneth Adejumoh, Head of Corporate Communications, Nosak Group, Nigeria, who together will provide robust perspectives and answers into the theme of the event and questions to be asked.

The one-hour event is scheduled to take place, Friday, 18th June 2021, between the hours of 12pm–1pm (West African Time).

To join in the conversation, kindly join using the Google Meet link: https://meet.google.com/pro-mmap-ibn

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Cristiano Ronaldo Snubs Coca-Cola Drink in Euro 2020 Press Conference, Wipes $4B Off Market Value

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Cristiano Ronaldo’s removal of two Coca-Cola bottles during a press conference at the Euros has wiped $4 billion off the market value of the beverage giant company.

The Portugal captain is a renowned health fanatic and made it clear what he thinks of the carbonated soft drink. The 36-year-old shifted the bottles of Coca-Cola away from him during a press conference in Budapest on Monday in the prelude to his country’s Group F game against Hungary.

Ronaldo followed it by holding up a bottle of water before declaring in Portuguese: “Agua!”, appearing to encourage people to choose that instead.

Coca-Cola’s share price dropped from $56.10 to $55.22 almost immediately after Ronaldo’s gesture, a 1.6 percent dip. The market value of Coca-Cola went from $242bn to $238bn – a drop of $4bn.

Coca-Cola, one of the official sponsors of Euro 2020, replied on Tuesday with a statement that said “everyone is entitled to their drink preferences” with different “tastes and needs”.

A Euros spokesperson said: “Players are offered water, alongside Coca-Cola and Coca-Cola Zero Sugar, on arrival at our press conferences.”

Ronaldo is a pop-culture colossus, boasting nearly 300 million Instagram followers.

On Tuesday, he scored twice in Portugal’s 3-0 win over Hungary – moving beyond France great Michel Platini as the record goalscorer at the European Championship finals with 11.

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Chidi Nwaogu Nominated As Techpreneur Of The Year At 2021 FOYA Awards

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Chidi Nwaogu - Investors King

Chidi Nwaogu, serial tech entrepreneur and co-founder at Publiseer and Savvy, has been nominated as Techpreneur Of The Year at the 2021 FOYA Awards, an annual awards ceremony since 2016, which was conceived to serve the strategic objective to retain, reward, and recognize high-quality entrepreneurs and SMEs in Africa.

Chidi Nwaogu is the co-founder and CEO at Publiseer, a digital content distribution company that has helped over 6,000 underserved African creatives living in low-income and disadvantaged communities to earn a living from the sales of their creative works, and has been described by Konbini as “one of the largest digital publishers in Africa” and identified by IFC as one of the startups “that could speed up innovation in Africa”.

He is also the co-founder and Head of Program at Savvy, a global fellowship program that has equipped over 3,900 passionate and brilliant young individuals from 136 countries, with the necessary knowledge, skills, resources, tools, and support community that they need to start their own impact-driven business in a post-COVID era and succeed as social entrepreneurs.

For his works at Publiseer, Nwaogu won the 2020 Migration Entrepreneurship Prize by the Swiss Government, the 2019 Africa 35.35 Award for Entrepreneurship, the 2019 Young Leaders Award for Media and Entertainment, and the 2019 Bizz Business Excellence Award. He is a 2020 Acumen Fellow (West Africa), 2020 Alibaba eFounders Fellow (China), 2019 Westerwelle Fellow (Germany), 2019 African Presidential Leadership Fellow (Cairo), and 2019 Yunus&Youth Fellow (New York).

FOYA Awards is designed to recognize and appreciate young founders contributing to the African continent’s economic growth while creating employment and other income-generating opportunities through entrepreneurship, thereby inspiring others to be founders in their own right. The platform has developed into a convening agent for actors in the youthful entrepreneurship ecosystem attracting and stewarding access to relevant investors, not-for-profit leaders, influential personalities, and government officials to address everyday challenges and devise impactful, lasting solutions.

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