Author: Orientalnews Staff

Yemisi Izuora Key Management staff of the Nigerian Content Development and Monitoring Board (NCDMB) and Seplat Energy Plc met with principal officers of the Delta State University (DELSU), at Abraka, Delta State, to deliberate on critical processes toward the take-off of a Centre of Excellence in Gas Development, approved for the institution by the Board in 2024. The project, which is the latest among similar ones at Niger Delta University, Amassoma, Federal University of Technology, Minna, Federal University of Technology, Akure, Federal University of Technology, Owerri, Modibbo Adama University of Technology, Yola, and Usman Danfodio University, Sokoto, is the outcome…

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Yemisi Izuora Polaris Bank has graduated 58 exceptional new hires from its flagship Polaris Graduate Intensive Training (PGIT) and Polaris Tech Ignite Programme (PTIP), reinforcing its commitment to building world-class talent in Nigeria. The ceremony, attended by senior leadership and invited guests, celebrated a highly selective cohort drawn from over 10,000 applicants – placing them among the top 0.58% who successfully made the cut. The milestone underscores the bank’s rigorous standards in identifying and grooming future leaders. Addressing the graduates, Managing Director/CEO, Mr. Kayode Lawal, delivered a compelling charge centered on continuous learning and adaptability in a fast-evolving industry. “Never…

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    Tunde Bakare The Executive Chairman of the Economic and Financial Crimes Commission, EFCC,  Mr. Ola Olukoyede, has cautioned Nigerian banks against granting loans without credible collateral, warning that such practices often lead to insider abuse and non-performing loans. Olukoyede issued the warning recently when he received the Chief Audit Executive of First Bank Plc, Mufutau Olawale Abiola, who led a delegation on a courtesy visit to the Lagos Zonal Directorate 2 of the Commission in Ikoyi.    Speaking through the Acting Zonal Director, Lagos Zonal Directorate 2, Ikoyi,  Assistant Commander of the EFCC,  ACE 1 Bawa Usman Kaltungo, Olukoyede…

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by Olutayo Irantiola Recently, the parking rate at the Multi-Storey Car Park at the Murtala Muhammed Airport Terminal 2 (MMA2), operated by Bi-Courtney Aviation Services Limited (BASL) and managed by Balosh, was arbitrarily increased. Overnight parking, which used to be six thousand naira (N6,000) only, was increased to fifty thousand naira (N50,000) only. What is the mathematical rationale for this type of increase? In 2021, Balosh, the company managing the toll system within the airport, was engaged by the Lagos State Government and Lagos State University Teaching Hospital (LASUTH), and it almost resorted into a crisis within the hospital…

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Valentine Okafor MTN Nigeria has achieved. groundbreaking feat by successfully testing the first commercial 25Gbps full duplex microwave link in Sub-Saharan Africa with Huawei Nigeria. The Full-Duplex allows for simultaneous two-way transmission of data over both frequency pairs per direction, unlike common systems, which operate with a single frequency per direction at a time. This innovation significantly enhances connection efficiency and speed, meeting the requirement of 5G The test was conducted on the E-band frequency spectrum using advanced Full-Duplex technology. This cutting-edge microwave link, operating in the E-band (80 GHz), achieves a data transmission rate of 25 Gbps using…

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Joseph Bakare The Director-General (DG) of the National Youth Service Corps (NYSC) Brigadier General Olakunle Nafiu, has charged Planning, Research and Statistics (PRS) Schedule Officers of the Scheme to strengthen data integrity, enhance monitoring systems, and improve evaluation frameworks in the Service Corps. The Director General gave the charge in his address at the 2026 edition of the NYSC Planning, Research and Statistics Schedule Officers’ Workshop held in Abuja. General Nafiu stressed that accurate and timely data remain critical to sound policy formulation and effective decision-making within the Scheme. The Director-General, whose address was delivered by the Director of…

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Yemisi Izuora The National Insurance Commission (NAICOM) has reaffirmed its strong commitment to maintaining high labour standards and promoting the welfare of all staff. As a forwardlooking regulatory institution, the Commission recognises that its effectiveness depends largely on the professionalism, dedication, and wellbeing of its workforce. Since the current leadership assumed office, NAICOM has continued to take deliberate steps to improve working conditions and enhance staff welfare. These efforts include strengthening internal processes, providing a supportive and enabling work environment, and promoting a workplace culture built on fairness, productivity, mutual respect, and accountability. Staff welfare remains a key priority…

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Yemisi Izuora Access Bank Plc has been named Nigeria’s Most Valuable Brand for the fifth consecutive year by Brand Finance, reinforcing its leadership position in the country’s financial services sector. Brand Finance announced this in its Nigeria 25 2026 report, which ranks the country’s strongest brands based on brand value, brand strength, and underlying business performance. According to the report, Access Bank’s brand value stands at ₦773.2 billion, maintaining its number‑one ranking despite short‑term macroeconomic and market pressures. It  attributed the marginal year‑on‑year decline in brand value to a deliberate strategic shift, as the Bank continues to prioritise long‑term growth, regional…

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Francesca Odimgbe The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has congratulated Rukayat Suleimon for becoming the first female blind sambist in the world to win a Gold medal at the World Sambo Cup, held in Yerevan, Armenia. The Governor praised Suleimon, one of the pioneering group of female sambists to compete in an international tournament organised by the International Sambo Federation (FIAS), for etching her name into sporting history by making Lagos and Nigeria proud at the competition. Governor Sanwo-Olu, in a statement issued on Monday by his Special Adviser on Media and Publicity, Mr. Gboyega…

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Ken Okeke Skyway Aviation Handling Company (SAHCO) Plc has reaffirmed its leadership in Nigeria’s aviation industry as the sole ground handling service provider at the commissioning of the newly completed Gateway International Airport at Iperu, Ogun State Airport by the President of the Federal Republic of Nigeria, His Excellency Bola Ahmed Tinubu (GCFR). The historic commissioning marks a significant milestone in the development of aviation infrastructure in Nigeria, positioning Ogun State as a strategic hub for passenger and cargo operations. SAHCO’s appointment as the exclusive ground handler underscores its reputation for operational excellence, safety standards, and world-class service delivery.…

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