Francesca Odimgbe Lagos State Governor Mr. Babajide Sanwo-Olu, has challenged Lagosians to take responsibility for cybersecurity. The advise is coming as the State joined the global community to celebrate cyber security awareness month. In a statement signed by the state’s commissioner for Information and Strategy, Mr. Gbenga Omotoso, Sanwo-Olu said, “Cybersecurity is a shared responsibility. Citizens must remain vigilant, understand common cyber risks, and take proactive steps to protect themselves from cybercriminals.’’ According to him, most victims of cybercrime are those who are unaware of basic digital safety practices—making public education essential. ‘’Lagos State is participating in the…
Author: Orientalnews Staff
Tunde Bakare Nigeria is working towards introducing measurable performance targets for federal ministries, departments and agencies to reduce regulatory delays, overlapping fees and administrative barriers affecting businesses and investors. Minister of Finance and Coordinating Minister of the Economy Taiwo Oyedele outlined the proposed framework during a meeting with Agency heads and senior government officials in Abuja. A statement from the Federal Ministry of Finance explained that the initiative aims to eliminate overlapping regulatory responsibilities, multiple fees and unnecessary administrative procedures. Under the proposed “One Government” approach, agencies with overlapping responsibilities would coordinate their activities around a lead agency, a…
Yemisi Izuora Eni’s subsidiary, Nigerian Agip Exploration Limited (NAE), and the Nigerian National Petroleum Company Limited (NNPC) has awarded scholarships to 30 Nigerian graduates for Post Graduate studies in Nigerian and overseas Universities under its 2026/2027 Scholarship Awards Scheme. Beneficiaries were selected among over 3000 applicants, based on their excellent academic standing and performances in the computer-based test conducted recently. The Vice Chairman and Managing Director of NAE, Mr. Maurizio Pinna stated that the initiative contributes to promoting human capital development, offering an opportunity for young and talented Nigerians to develop new skills relevant for the Oil and Gas…
Joseph Bakare Nigeria’s National Security Adviser (NSA), Nuhu Ribadu, has announced a new security framework for Nigeria’s oil and gas industry. The latest strategy is set to combat crude oil theft, pipeline vandalism, illegal refining and other activities threatening petroleum infrastructure. According to a statement, the framework is known as the standard operating procedure (SOP) for the Nigerian oil and gas industry-wide security architecture. The statement noted that the initiative seeks to harmonise security operations, clarify responsibilities, and strengthen collaboration among security agencies, private surveillance contractors, and other stakeholders. Speaking at the unveiling, Ribadu said Nigeria’s hydrocarbon assets remained…
Yemisi Izuora Lagos Finance Summit 2026 (LFS 2026) scheduled to hold at the Landmark Event Centre, Victoria Island, Lagos is providing the annual point at which Africa’s trading and fintech industry meets its largest market in person. The event, a three-day summit scheduled from October 14th-16th, 2026, will bring together brokers, prop trading firms, fintechs, payment providers, banks, investors, and traders in one venue for wholesome deliberations, unparalleled networking, dealmaking, and innovation. Africa’s young, digital-first population, surging mobile payments, and a wave of fintech innovation make for an exciting growth story in global finance. Lagos, Nairobi, Johannesburg, and other…
Yemisi Izuora Lagos Finance Summit 2026 (LFS 2026) scheduled to hold at the Landmark Event Centre, Victoria Island, Lagos is providing the annual point at which Africa’s trading and fintech industry meets its largest market in person.The event, a three-day summit scheduled from October 14th-16th, 2026, will bring together brokers, prop trading firms, fintechs, payment providers, banks, investors, and traders in one venue for wholesome deliberations, unparalleled networking, dealmaking, and innovation.Africa’s young, digital-first population, surging mobile payments, and a wave of fintech innovation make for an exciting growth story in global finance. Lagos, Nairobi, Johannesburg, and other African cities have been…
Uche Cecil Izuora The Chairman of the Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya, has advised indigenous oil and gas companies to consolidate their technical and financial capacities to compete for bigger projects and take advantage of opportunities arising from the divestment of oil and gas assets. Ogunsanya said Nigerian companies could not continue to operate as fragmented small players if they wanted to compete for projects worth millions and billions of dollars, stressing that consolidation would enable them to build stronger brands and deliver larger contracts. He stated this while speaking at a high level strategic…
Yemisi IzuoraThe Acting Managing Director and Gas Asset Manager at Neconde Energy Limited, Engr. Chichi Emenike has raised concerns that Nigeria’s quest to build a thriving gas economy will continue to move at snail pace unless government liberalizes pricing and create truly bankable, paying gas market that guarantees returns for investors. Emenike, who spoke during a panel session with the theme “Market Liberalization: Performance, Public Value & Commercial Opportunities” at the Association of Energy Correspondents of Nigeria, NAEC, Energy Conference 2026, said investors are not asking for super-profits, but for reasonable, predictable returns.“No investor is doing Red Cross. No investor is…
Uche Cecil Izuora The Managing Director of Rainoil Limited, Emmanuel Omuojine, has made a strong case for a shift towards modular refineries and market-driven pricing to strengthen energy security and competitiveness in Nigeria and across West Africa. Omuojine made this call during a high-level energy industry panel discussion, at the Association of Energy Correspondents of Nigeria, NAEC, Energy Conference 2026 held in Lagos with the topic; Market Liberalisation: Performance, Public Value & Commercial Opportunities. The theme of the conference is “Access to Assets: Empowering Players and Driving Growth.” Omuojine warned against over-reliance on a single source of fuel supply,…
Uche Cecil Izuora Nigeria has identified key strategies to improve on gas production to boost energy security. According to authorities greater access to infrastructure, capital, markets and predictable regulation are the magic wand to unlock the value of Nigeria’s estimated 215 trillion cubic feet of proven gas reserves. The Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, said access to gas assets should go beyond licences and acreage, as investors could still be unable to develop assets because of inadequate infrastructure, financing constraints, regulatory uncertainty, limited evacuation capacity and insufficient market access. Ekpo, who was represented…