TotalEnergies EP Nigeria Limited and NNPC Limited have renewed their cooperation agreement for the deployment of AUSEA technology, extending for 24 months a partnership launched in December 2023 to support methane detection, measurement, and reduction. AUSEA, which stands for Airborne Ultralight Spectrometer for Environmental Applications, is a drone-based technology developed by TotalEnergies in partnership with the French National Centre for Scientific Research (CNRS) and the University of Reims. It enables high-precision monitoring of methane and CO₂ emissions, helping identify sources and guide mitigation actions. As a responsible operator, TotalEnergies is taking concrete action to reduce emissions. The Company was the…
Author: orientalnewsng
Yemisi Izuora The incoming Chairman of the Nigerian Insurers Association (NIA) Mrs. Ebelechukwu Nwachukwu, has listed priority areas of concentration that will help her tenure achieve significant progress towards expanding insurance industry growth. Her tenure will witness tremendous success especially in giving insurance a new generation of recognition through measured tripod growth initiatives. In a pre-investiture media engagement in Lagos on Tuesday, Nwachukwu, said her tenure will be defined by collaboration, not competition; by deepening public understanding, not industry jargon; and by building bridges across the entire financial services landscape. She said she is coming at a moment of…
Uche Cecil Izuora The ongoing reform and modernization drive championed by the Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has earned international recognition, with the World Bank ranking the Tin Can Island Port Complex and Apapa Port Complex among the world’s Top 20 Most Improved Ports. According to the Container Port Performance Index (CPPI) 2025, released in June 2026 by the World Bank, both ports were listed in the Top 20 Port Improvement category, underscoring the remarkable gains recorded in operational efficiency and turnaround time under the current management. The CPPI is a globally recognized benchmark…
Federal Operations Unit Zone C of the Nigeria Customs Service in Owerri has dismantled a major vegetable oil smuggling operation after confiscating over 3,310 jerrycans and cartons of illegally imported foreign vegetable oil worth N403.5 million. The breakthrough came after Customs operatives intercepted two trucks carrying smuggled consignments along key highways in the South-East. The first interception occurred on May 9 at 10 PM along the 9th Miles road in Enugu, while the second took place on June 7 along the Onisha-Agbor highway, both based on credible intelligence. The seized goods include 3,310 jerrycans of 25-litre Super Delicious vegetable…
Yemisi Izuora Shareholders of AIICO Insurance Plc have expressed optimism over the company’s commitment to growth. They also affirmed support to the leadership of the underwriting firm for its resilience in driving innovative ways that have expanded the firms growth. These expression of faith were made public during its Annual General Meeting (AGM) held on June 5, 2026. AIICO’s financial report at the meeting reinforced its position as a leading player in Nigeria’s insurance and financial services sector. Excited the shareholders reciprocated by approving all resolutions presented. In a strong show of confidence in the company’s growth trajectory and strategic…
*By Olumide Iyanda* Ahead of the Invest Lagos 3.0 summit holding at Eko Hotel & Suites from June 8 to 10, Governor Babajide Sanwo-Olu is pitching Lagos as Africa’s leading destination for investment. The target is to attract about ₦4 trillion, or roughly $2.5 billion, in fresh investments into sectors ranging from infrastructure and technology to housing, agriculture and transport. For decades, Lagos has occupied a unique position in Nigeria and Africa. It is the country’s commercial nerve centre, home to major banks, manufacturing firms, technology companies, ports and financial institutions. It is also a city whose scale and…
Dangote Refinery Crashes Petrol To N1,250 And Diesel To N1,700 Yemisi Izuora The Dangote Petroleum Refinery & Petrochemicals has announced a fresh reduction in the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), reinforcing its commitment to making refined petroleum products more affordable and supporting economic activities across Nigeria. Under the latest price adjustment, the refinery reduced the ex-depot price of PMS, commonly known as petrol, to N1,250 per litre from N1,275 per litre, while the price of AGO (diesel) was cut to N1,700 per litre from N1,800 per litre. The price review comes amid the…
Guinness Nigeria Plc, through its iconic Orijin brand, today joined thousands of sons and daughters of Ijebuland, dignitaries, cultural enthusiasts, and tourists at the 2026 edition of the Ojude Oba Festival in Ijebu-Ode, delivering an immersive cultural experience that celebrated heritage, identity, and the enduring spirit of community. Returning as the official alcohol sponsor, Orijin’s presence at this year’s festival brought to life the brand’s renewed cultural platform, which evolves the conversation from last year’s “The Roots Run Deeper” toward how culture and identity are expressed today, boldly, creatively, and unapologetically. From the elegance and pride of the Regberegbe age…
Full Details….. The Movement for Credible Election (MCE) has noted with concern reports that the Independent National Electoral Commission (INEC) has appealed the recent declaratory judgment of Hon. Justice Umar, which nullified portions of the Commission’s Timetable and Schedule of Activities for the 2027 General Elections. [The Commission also reportedly seeks a “stay” of the judgment pending the determination of the appeal]. As a civic organisation committed to electoral integrity, we respectfully urge INEC not to proceed with the appeal, for the following reasons: 1. The Judgment Is Declaratory and Cannot Be Stayed Justice Umar’s ruling is declaratory. It…
The Nigeria Customs Service (NCS) has reaffirmed its commitment to strengthening collaboration with the media as a strategic partner in promoting stakeholder awareness, public trust, and national development. The call for a deeper partnership was the focus of a media parley held on Monday, 25 May 2026, at the Kano/Jigawa Area Command Headquarters, Abdullahi Dikko Inde Conference Hall, Bompai, Kano. The event, organised by the National Public Relations Unit and themed “Building Synergy Between the Media and Customs for Enhanced Stakeholders’ Awareness and National Development,” brought together senior Customs officers, journalists, and members of the Nigeria Union of Journalists…