Author: Orientalnews Staff

  Yemisi Izuora  The Joint Admissions and Matriculation Board (JAMB) has commenced plans for the 2018 Unified Tertiary Matriculation Examination(UTME) and Direct Entry due to take place from March 9 to 17. ‎Prof. Ishaq Oloyede, JAMB’s Registrar disclosed this at a Critical Stakeholders Meeting on Plans and Modalities for the Sale and Registration of 2018 UTME Application. ‎ Oloyede said that the proposed sale of application would commence on Nov. 22 and end Jan. 22, 2018, spanning two months as against one month in 2017 for the exercise. ‎ “In proposing these dates, management has taken into consideration the dates of other public examinations namely, WAEC, NECO. ‎…

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Yemisi Izuora With Agency Report   The Lagos Chamber of Commerce and Industry (LCCI) has called for an equitable distribution of the N118.98 billion allocated to agriculture and rural development in the proposed 2018 budget. Mr Adeola Elliot, Chairman of LCCI’s Agric Group, made the call in Lagos, where he said that appropriate fund should be earmarked for each aspect of agriculture value chain ranging from land, seeds, livestock, feeds, chemical inputs, storage, processing, marketing and distribution. “The agric process is a chain and the appropriate thing which we are advocating for is equitable sharing along the chain. “If you do…

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Yemisi Izuora Visa has announced the addition of three athletes who make up the Nigerian Women’s Bobsled Team to Team Visa, currently training to become the first ever African representatives, men or women, to qualify for the Olympic Winter Games in the sport of Bobsled. Together, Bobsled pilot Seun Adigun, and brakemen Ngozi Onwumere and Akuoma Omeoga, combine their elite track backgrounds to chase their bobsled dreams. Without access to proper training equipment or valuable ice time to perfect their skills, the members of the Nigerian Women’s Bobsled Team started their journey on the snow-less grounds of Houston, Texas,…

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  Yemisi Izuora    natnudO Foods Limited, producer of natnudO Chicken and eggs, has donated 5000 Noiler birds and 75000 eggs to the rural indigents, widows and Internally Displaced Persons (IDPs), to curb the menace in the North-East of the country.   This, according to the Company, is out of its goodwill in support of the Ministry of Agriculture and Rural Development and Borno State Government’s effort, to save the people in the region from deficiency of protein in their daily food consumption and to create a source of income to the women in the rural areas by donating foundation stock to…

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  Yemisi Izuora  Nigeria’s flag carrier airline, Dana Air has assured its guests of its commitment to continuously raising the bar of its operational efficiency with an airline model that guarantees sustainability and professionalism in Nigeria’s aviation industry.   The Accountable Manager of Dana Air, Mr Obi Mbanuzuo made this known during the official presentation of the membership certificate of the International Air Transport Association (IATA) to Dana Air in Lagos.  He said Dana Air has and will continue to maintain global best practices in the aviation industry while still churning out world-class initiatives to exceed the flying aspirations of its…

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Yemisi Izuora  The nahco aviance, has promoted over 846 of its about 2000 workforce. This constitutes more than 45 percent of the Company’s total workforce. The promotion, which was approved by the Board of Directors, and announced over the weekend, was one of the staff improvement programmes by NAHCOPlc. The promotion which came against the background of an economy that is still in technical recession shows the importance that the Company places on its staff. In a statement announcing the promotion, the outgoing Acting MD/ CEO, Mrs. Folashade Ode,said that the promotion exercise was based on well – defined criteria that ensure fairness and transparency. She restated the Company’s resolve to keep a happy and well–motivated workforce.  The statement stated further that: “A more transparent, performance driven reward and compensation system will…

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  Yemisi Izuora India is likely to lead global energy demand growth by 2040, the International Energy Agency said in its annual World Energy Outlook report 2017 on Tuesday. The Indian energy demand may rise by 1,005 million tonnes of oil equivalent (Mtoe), between 2016 to 2040, accounting for 30 percent of the total growth in world energy demand. Thus, India will surpass the increase in energy demand of China (790 Mtoe), West Asia (480 Mtoe) and Africa (485 Mtoe) during the above period. However, US, Japan and Europe may reduce their energy demand by 30 Mtoe, 50 Mtoe and 200 Mtoe, respectively, by 2040.…

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Yemisi Izuora Savannah Petroleum has announced a proposed, complex acquisition of certain Nigerian assets from Nigerian independent gas producer Seven Energy. The company has agreed to exclusivity (lock up agreement) in a proposed, complex acquisition of certain Nigerian assets from Nigerian gas producer Seven Energy. Seven Energy acknowledged it was involved in a “comprehensive capital restructuring” adding that the Savannah proposal was “beneficial both for the [Seven] group and its creditors.” Savannah said the transaction will involve its acquisition from Seven of: a 40 per cent stake in the Uquo oil/gas field; a 62.5 per cent stake in Universal Energy…

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Yemisi Izuora The Canadian Overseas Petroleum Limited  says it is  going on with drilling programme at the oil prospecting lease OPL 226 project offshore Nigeria where work is slated for early 2018. The company said in a third quarter update that it is working with investment banks to source funds for the proposed programme and it has held talks with potential contractors and suppliers for the anticipated programme. Funding would be at project level, not company equity. Arthur Millholland, COPL chief executive, of the firm highlighted that the appraisal programme would potentially precede a full field development project. “We continue to…

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Yemisi Izuora Diamond Bank customer Patrick Anyatonwu, has emerged star prize winner of the just concluded ‘Western Union Back to School Promo” held yesterday at Diamond bank Awolowo road Ikoyi branch. He was rewarded with a brand new Hyundai Accent salon car. According to Patrick, “I have been a long time customer of Diamond bank and Western Union. When I was initially contacted and informed that I had won a new car, I couldn’t believe it. It didn’t make sense to me. I thought it was a scam, until last Friday, when I saw the car at the official…

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