Author: Orientalnews Staff

Yemisi Izuora  The Catholic Bishops’ Conference of Nigeria (CBCN) on Thursday urged the Independent National Electoral Commission (INEC) to address the challenges surrounding the ongoing voter registration exercise in the country. The CBCN, in the communiqué released at the Closing Mass of the 2018 First Plenary in Abuja signed by Most Rev. Ignatius Kaigama, urged INEC to stop the registration of the underaged. It said this was a threat to the sanctity of the electoral process, particularly as Nigeria prepares for the 2019 general elections. The Catholic bishops expressed their dissatisfaction with the report that alleged inadequate provision of registration…

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Yemisi Izuora  Air Peace has commenced flights to Freetown, Banjul and Dakar, the capital cities of Sierra Leone, The Gambia and Senegal respectively. The airline’s pledge to be consistent and efficient on the routes earned it accolades from top government officials, members of the diplomatic corps, aviation regulators and corporate leaders on the West Coast of Africa. Explaining why the airline decided to expand its operations to the West Africa sub-region, the Chief Executive Officer of Air Peace, Mr. Allen Onyema noted that seamless air connectivity is pivotal to the socio-economic development of countries within the West Coast of Africa…

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Gerard Izuora  The Joint Admissions and Matriculations Board (JAMB) has said it will not allow the use of 16 items in the forthcoming mock examinations scheduled for February 26, 2018. The Secretary of JAMB UTME Monitoring Groups, Ngozi Egbuna, stated the items in a memo issued to members of the Civil Society Group on Thursday in Jos. The memo reads: “Kindly note that examination officials are allowed to scrutinise eye glasses or similar devices and where convinced that such item may compromise the sanctity of the examination, the examination official should confiscate it. “Where examination official (board staff or ad hoc…

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Our Correspondent  Top players in Nigeria’s Decentralised Renewable Energy (DRE) market have raised a multi-stakeholders taskforce to push through their target of providing access to modern, clean and affordable electricity to 20 million Africans, including Nigerians. The taskforce, which was recently inaugurated in Abuja, comprises the Power for All, US Global Development Lab, Power Africa, USAID-Nigeria, and FHI360 amongst others. They will be seeking to accelerate the deployment of modern energy sources to this number of un-electrified Africans. A statement issued after the launch explained that the taskforce has over 32 members drawn from amongst government, donors, renewable energy companies,…

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Yemisi Izuora  It is yet not clear on how General Electric, GE, whose finances is on the fringe to raise finance to run its business. The Company said it has “line of sight” on the first $4 billion in asset sales under its plans for $20 billion in disposals, according to the company’s chief financial officer who also dismissed talk about selling shares to raise capital. Chief Financial Officer Jamie Miller, speaking to an investor conference organized by Citigroup in Miami, did not elaborate on the planned asset sales. The disposals could cut cash flow by less than $500 million…

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Gerard Izuora  Oil prices at the global market edged up on Friday, supported by lower U.S. crude inventories, but gains were capped by a surge in U.S. exports that dragged net imports in the world’s biggest fuel consumer to a record low. U.S. West Texas Intermediate (WTI) crude futures were at $62.89 a barrel up 12 cents, or 0.2 percent, from their last settlement, while Brent crude futures were up 5 cents, at $66.44 a barrel. U.S. crude oil stockpiles fell by 1.6 million barrels in the week to February 16, to 420.48 million barrels, the Energy Information Administration (EIA)…

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Source: AFP The families of dozens of girls missing for several days after a Boko Haram attack on their school in north-east Nigeria on Thursday (Feb 22) faced an anxious wait for their return after confirmation some had been rescued. Police said on Wednesday that 111 girls from the state-run boarding school in Dapchi, Yobe state, were unaccounted for following an attack by the jihadists on Monday night. The disappearance sparked fears of a repeat of the 2014 mass kidnapping of more than 200 girls from a similar school in Chibok, in neighbouring Borno state. But Mr Abdullahi Bego, spokesman…

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Yemisi Izuora   Hyundai Heavy Industries Co., one of the world’s largest shipbuilders and industrial equipment manufacturers, said yesterday that it has received a US$58 million order to build 15 bullet tanks for storing liquefied petroleum gas, LPG, for Dangote refinery.   Hyundai Heavy said it is set to deliver the tanks to Nigeria’s Dangote Oil Refining Company, Africa’s largest refinery, beginning in April 2019. Dangote Oil Refinery Company (Dangote) is constructing an integrated refinery and petrochemical complex in the Lekki Free Zone near Lagos. The refinery is expected to be the world’s biggest single-train facility, upon completion in 2019. Oriental…

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Yemisi Izuora  Chevron Nigeria Limited, CNL, operator of the joint venture between the Nigerian National Petroleum Corporation, NNPC, – NNPC/CNL Joint venture,JV has received two awards received during the Oil/Gas industry award presentation ceremony organized by the Ministry of Petroleum Resources as part of the programmes to mark the official opening ceremony of the Nigerian International Petroleum Summit (NIPS) held in Abuja on Monday February 19, 2018. CNL carted away two awards – “Top domestic gas producer in 2016/2017” and “The best Performing Upstream International Company in Social Contribution for 2016/2017.” The award certificates and plaques were presented to CNL…

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Yemisi Izuora  The Nigerian Civil Aviation Authority (NCAA) has confirmed that the Accident Investigation Bureau (AIB) had commenced investigation into the Dana Air plane that overshot the runway at the Port Harcourt International Airport in Rivers State on Tuesday. The MD83 aircraft, with registration number 5N-SRI and flight number 0348, had 54 souls on board, including five crew members. The agency said the investigation is in accordance with the rules of the International Civil Aviation Organisation (ICAO). The Deputy Director of Press and Public Affairs at the Aviation arm of the Federal Ministry of Transportation, James Odaudu, stated that the…

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