Author: Orientalnews Staff

Yemisi Izuora Abbey Mortgage Bank, a leading institution in the mortgage sector, has made significant strides with its groundbreaking roadshow tagged” Abbey Sales Storm” held at the Federal Capital Territory (FCT), Abuja. The “Abbey Sales Storm” is aimed at bringing the financial and real estate opportunities to residents of the Federal Capital Territory and sharing valuable information on how it can be achieved with the Abbey Mortgage Banking investment. The exciting roadshow which kicked off on Thursday, October 17, 2024 made stops at different locations in Abuja including popular spots like UTC and Barnex with Sales reps and activation…

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Moses Ofodeme Kogi State Governor, Ahmed Usman Ododo has flagged off construction of the 20KM Obajana-Uro-Aku rural road linking parts of Lokoja and Adavi local government areas. The project is part of interventions by the Rural Access and Agricultural Marketing Project (RAAMP) supported by the World Bank Group and other stakeholders in the agricultural development value chain and it is the first phase of the over 65KM network of rural roads in the state intended create access to farms, farming communities and markets to ensure food security in the state. Ododo who performed the Flag-off at a ceremony in…

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Yemisi Izuora UBA Foundation, the Corporate Social Responsibility (CSR) arm of the United Bank for Africa (UBA) Plc, has launched the 2024 edition of its prestigious National Essay Competition (NEC), unveiling a significant 100 per cent increase in the educational grants for top winners. Now in its 14th year, the NEC is an initiative designed to foster literacy, critical thinking, and healthy competition among secondary school students, while providing future leaders with the financial support needed to pursue higher education. This year’s competition invites senior secondary school students to submit essays on the topic: *”The Impact of Carbon Emission…

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Yemisi Izuora The Independent National Electoral Commission (INEC) has approved that the 2025 Anambra State Governorship election will hold on Saturday 8th November 2025. The approval was announced during the Commission’s 4th regular consultative meeting with Political Parties, in Abuja, on Thursday October 17, 2024. At the meeting the Chairman of INEC, Mahmood Yakubu, reminded them that the Ondo State Governorship election was just 29 days (or four weeks) away. Yakubu, also confirmed that the Commission has presented the register of voters to political parties in our State office in Akure. “With this development, we have successfully accomplished 10…

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By Dr Victor Nwogbo News emerged that the Chief Executive Officer (CEO) of Air Peace, Allen Onyema, was named in connection with some legal issues in the US. The charges were mainly a rehearsal of a hitherto unproven string of charges about funds used to buy aircraft between 2017 and 2018. Some of the charges also refer to areas like loan management, militant rehabilitation, which had received global acclaim as stunning success over a decade ago. While these charges had been cleared earlier, the US authorities curiously raised fresh ones in 2024, which were markedly misreported in a section…

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Valentine Okafor The World Bank Group has launch of the High-Level Advisory Council on Jobs, a new initiative that will identify actionable policies and programs to address the looming jobs crisis in the Global South. Over the next 10 years, an unprecedented 1.2 billion young people in the Global South will become working age adults. Meanwhile, the job market is only expected to create 420 million jobs—leaving nearly 800 million without a clear path to prosperity. Though some young people will be in further education, their eventual entry into the labor market will add to this challenge. The High-Level…

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Yemisi Izuora The World Bank is promoting awareness initiatives to eliminate progressive discrimination against women, girls and marginalized groups in the world. The Bank maintains that accelerating gender equality is an urgent imperative, as it observes that the world is experiencing an unprecedented set of crises with disproportionately negative impacts on women, girls, sexual and gender minorities, and marginalized groups. Gender equality is a matter of fairness and justice, a foundation for a peaceful and prosperous world and essential for development. Yet achieving gender equality is uniquely challenging and complex. It calls for changes spanning country laws and policies,…

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Yemisi Izuora The World Bank has seen eliminating poverty as projected by 2030 as a difficult task. The Bank says it could take more than a century to eliminate poverty as it is defined for nearly half the world – people who live on less than $6.85 per day, according to its new Poverty, Prosperity and Planet Report. The report offers the first post-pandemic assessment of global progress toward eradicating poverty and boosting shared prosperity on a livable planet. The global goal of ending extreme poverty defined as $2.15 per person per day by 2030 is out of reach…

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Uche Cecil Izuora The Chief Executive Officer of Heirs Energies Ltd, Osayande Igiehon, has emphasized the need for timely action in leveraging Nigeria’s gas resources to secure the country’s energy future and drive sustainable development. He also emphasised that by fostering strong collaboration between upstream companies like Heirs Energies and power generation companies, Nigeria can create a seamless value chain that fully unlocks the potential of our natural resources for the prosperity of all Nigerians. Igiehon made this known while speaking at the Nigeria Energy Leadership Summit on Thursday, October 17, 2024, during a plenary session themed “Powering Nigeria’s…

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Yemisi Izuora African billionaire Aliko Dangote is wealthier than ever now that his long-awaited Nigerian oil refinery is up and running. But his mood suggests a man who just built his dream house only for the roof to start leaking. The Dangote Refinery outside Lagos is the biggest single-train oil refinery in the world and one of the most complex, capable of processing most global crude types. It has the potential to transform Nigeria’s economy by making the country self-reliant for fuel. And it’s more than doubled his net worth to $27.8 billion, according to the Bloomberg Billionaires Index.…

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