Author: Orientalnews Staff

Ken Okeke SIFAX Group has highlighted the strategic role that customers and employees play in the growth and survival of its various businesses. Both stakeholders have been described as the blood that businesses need to grow. This was disclosed as the company celebrated the 2024 annual Customer Service Week with the theme “Above and Beyond” Speaking at the grand finale of the week-long celebration, Wunmi Eniola-Jegede, Group Coordinating Director, SIFAX Group, said no business can survive without these two key stakeholders. She said: “This week presents the company another good opportunity to celebrate our customers who have continued to…

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Yemisi Izuora The Nigerian Communications Commission NCC, has said that embracing a robust culture of corporate governance, remains a crucial element in transforming Nigeria’s telecommunications sector. Executive Vice Chairman/CEO of the commission, Dr. Aminu Maida, made this observation when he delivered a message to industry leaders and stakeholders at the weekend at the 2024 Annual Corporate Governance Conference held in Lagos, on the importance of corporate governance in transforming Nigeria’s telecommunications sector. He noted that efforts at transforming the industry might not yield the desired results if operators, and indeed, industry players refuse to enthrone a regime of robust…

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Moses Ofodeme The Nigeria Customs Service (NCS) has informed operators of privately-owned aircraft, that the verification exercise for the recovery of import duties on illegally imported private aircraft has been extended by one month, from Monday, 14th October 2024, to Thursday, 14th November 2024. The extension is to further engage operators who have expressed willingness to regularize their import duties, providing them with an additional window to comply with the necessary regulations. The NCS said it is committed to ensuring that all illegally imported aircraft meet the legal requirements, thereby promoting transparency and accountability in the aviation sector. In…

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Joseph Bakare The Oyo State Governor, ‘Seyi Makinde, has said that his administration would love to see the Nigeria Air Force expand its operations and footprints in the state. He added that his government would continue to provide all the necessary support for the Air Force towards the rapid completion of the Air Force Base in Ajia, Ibadan as well as collaborate with the Force on other areas of operations. The Governor, who commended the Nigerian Air Force for being a pillar of support to his administration and for complementing its efforts in keeping the state safe, stated this…

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Tunde Bakare Justice Abimbola Awogboro of the Federal High Court sitting in Ilorin has sentenced one Yakubu Aminu  to 200 (Two Hundred) hours community service for carrying out bureau de change businesses  without a valid licence. Similarly, a Kwara State High Court presided over by Justice Hammed Gegele also jailed the duo of Abdulalahi Abdulrasaq Omotosho and Akeem Ibrahim Salaudeen  for involvement  in internet fraud -related crime. The Ilorin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC had on Wednesday October 9, 2024 arraigned the trio before the courts on separate charges The charge against Yakubu reads: “That you, Yakubu Aminu…

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Tunde Bakare Justice R.A. Osodi  of the Special Offences Court sitting in Ikeja, Lagos, on Friday, October 11, 2024, overruled the objection raised by the defence counsel, Olalekan Ojo, SAN to seven suspects facing trial over an alleged £1m fraud and also admitted in evidence a flash drive containing the video recording of the sixth defendant tendered by the prosecution. The Lagos Directorate of the Economic and Financial Crimes Commission, EFCC, had on February 3, 2022 arraigned Morufu Adewale, (a.k.a Gbegunleri Adelana), Abayomi Alaka(a.k.a. Dauda Usman Alashe), Omitogun Ajayi and Ajisegiri Abiodun before Justice Oluwatoyin Taiwo of the Special…

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Yemisi Izuora Governor of Kogi State Alhaji Usman Ahmed Ododo says the State is working assiduously towards increasing food production by investing massively in mechanised agriculture. He also urged Nigerians to support the various economic reform policies being implemented by the Federal Government under President Bola Tinubu, insisting that the reforms would begin to yield good results for the nation’s future and those of her citizen in no distant time. Speaking at the just concluded two-day annual conference of the Guild of Corporate Online Publishers GOCOP, held in Lokoja, the state capital, Governor Ododo noted that all hands must…

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Yemisi Izuora Aradel Holdings Plc, an integrated energy company has listed 4.34 billion shares on Nigerian Exchange Limited (NGX) Main Board on Monday, 14 October 2024. The shares, listed at N702.69 per share through a “Listing by Introduction,” boosted the market capitalization of NGX by N3.05 trillion, marking a significant milestone in the oil and gas sector’s participation in the stock market. Aradel Holdings Plc, a major player in Nigeria’s oil and gas industry, operates across the entire oil and gas value chain, with business interests in the exploration, production, and refining of petroleum products. The listing…

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Uche Cecil Izuora Transcorp Power Plc, is considering investment in key infrastructure projects in its commitment to bridge the energy gap in Nigeria, in line with its purpose to improve lives. The Company said it has sustained and further reported remarkable growth trajectory and maintained its position as a leading contributor to the country’s power sector, accounting for approximately 10 per cent of total power generated on the national grid. As the market transitions into the bilateral contracts, as contained in the Electricity Act, Transcorp Power shares optimism about sustaining the momentum by capitalizing on more strategic investment opportunities…

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Yemisi Izuora The Nigeria Liquified Natural Gas Limited (NLNG) has unveiled a new logo and trade name as part of a strategic rebranding initiative aimed at aligning the company’s vision with evolving global energy demands. The announcement was made on Friday during the company’s annual Grand Award Night in Lagos. Dr. Philip Mshelbila, NLNG’s Managing Director and Chief Executive Officer, introduced the new trade name—NLNG, without an expansion of the letters—and an identity and purpose statement, “Providing Energy to Improve Lives Sustainably,” alongside the refreshed tagline, “Inspiring a Sustainable Future.” In his speech, Dr. Mshelbila highlighted the…

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