The Pastor of New Reservation Area Baptist Church, Iyaganku, Ibadan, Oyo State, Rev. Kayode Oyedemi, on Friday disclosed that late Justice Adegboye Ayinla Gbolagunte of the Oyo State Judiciary knew he would die and so had planned his funeral by choosing the cemetery his remains would be buried, and had paid for his vault. He revealed this during his sermon at the funeral service for the Eruwa, Oyo State born jurist, who died June 24, 2024. The 64-year-old son of a former Speaker of the Oyo State House of Assembly, Rt. Hon. Mokolade Gbolagunte, was survived by his wife: Wuraola…
Author: orientalnewsng
Valentine Okafor This chairman of the Institute of Directors Centre for Corporate Governance (IoDCCD), Dr UK Eke, has expressed optimism that Nigeria can reach the $1 trillion economy target if institutions abide by the right structures and code. Speaking at the two days National Corporate Governance Summit held in Lagos, the IOD CCG chair, Eke, affirmed that building Nigeria into a N1 trillion economy is possible if things are done right. Stressing the need to bring both the private and public sector into the corporate governance ecosystem, he said, “It is not just about the public sector, or the private…
Yemisi Izuora The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has assured Nigerian oil and gas service companies of continued support to sustain the impressive growth in local content and to boost their production operations. Speaking during a facility tour of the 10,000-square-metre fabrication yard of Lee Engineering and Construction Company Limited, Warri, Delta State on Friday, he recalled similar visits he had made to other service companies across the country, stating that he was highly impressed with facilities and competencies acquired in the pursuit of local content development. Amazed at the assortment of…
Yemisi Izuora Italian oil giant Eni has received formal consent from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for the sale of NAOC Ltd to Oando Plc. Having already obtained all other relevant local and regulatory authorities’ authorizations, this achievement will allow Eni to proceed to the completion of the transaction for the sale of Nigerian Agip Oil Company Ltd (NAOC Ltd), Eni’s wholly owned subsidiary focusing on onshore oil & gas exploration and production as well as power generation in Nigeria, to Oando PLC, Nigeria’s leading national energy solutions provider, listed on both the Nigerian and Johannesburg Stock Exchange.…
Access Bank UK Limited today Saturday July 20, 2024 hosted its annual Polo Day at Guards Polo Club, Windsor. The Access Bank UK Polo Day, an annual charity event, which is part of the bank’s Corporate Social Responsibility (CSR), is the culmination of a year-long fund-raising programme in partnership with UNICEF for education projects in the Northern part of Nigeria. The CSR and exemplary Corporate Governance form part of the hallmarks of Access Bank. From inception to date, the UNICEF/Access Bank, funds from the charity event have been used to rebuild schools in Kaduna and keep more than 12,000 students in continuous education. At the same time, new solar-powered school blocks and a computer literacy building all in a more secure…
NAICOM and the Lagos State Fire Service held a strategic meeting yesterday in Abuja to improve collaboration and partnership in the ongoing effort to strengthen the enforcement of Public Building Insurance in Lagos State.
AIICO Insurance Plc, one of the leading insurer in Nigeria, has highlighted the transformative impact of its Annuity product on the lives of its customers. The company disburses a staggering N1.3 billion monthly to these annuitants, providing them with a guaranteed stream of income for their retirement years. AIICO’s commitment to financial security goes beyond offering products. The company fosters a growing community of financially empowered individuals, evident in the continuous rise in its Annuity customer base. This growth is fuelled, not only by new customer acquisition but also by the trust and positive experiences of existing policyholders, who have…
Yemisi Izuora TotalEnergies has reportedly sold its 10 per cent interest in a suite of Nigerian oil and gas production licences to Mauritius-based Chappal Energies for $860 million. The 18 licenses are held in an unincorporated joint venture with operator Shell Petroleum Development Company of Nigeria (30%), the Nigerian National Petroleum Company Ltd (55%) and Nigerian Agip Oil Company (5%). Chappal focuses on investments in deep value and distressed brownfield upstream assets in the Niger Delta region. Fifteen of the licences produce mainly oil, with production representing 14,000 barrels of oil-equivalent per day in 2023 for Total’s stake, the…
Yemisi Izuora In a new appointment into key Federal Government Agencies, President Bola Tinubu has approved the appointment of Ms. Omolola Bridget Oloworaran as the Director-General of the National Pension Commission (PenCom). Ms. Oloworaran is a finance and banking expert with many years of experience. The appointment is subject to the confirmation of the Nigerian Senate. The President in a statement by his spokesman, Ajuri Ngelale, “anticipates a goal-oriented leadership to drive efficiency and superlative performance in the National Pension Commission as the prime regulator of the Nigerian Pension Industry.”
The Management and Editorial Board of Penpushing Media have received consent of four intellects to serve as panelists at the 6th edition of annual lecture of the organization scheduled to hold July 25, 2024 at new marque events centre, Olusegun Obasanjo Presidential Library, Abeokuta, Ogun State Capital. The panelists include Prof Isaac Olawale Albert of African History, Peace and Conflict Studies University of Ibadan (UI), Ibadan, Maureen Chigbo who is the President of Guild of Corporate Online Publishers (GOCOP), Opeyemi Adamolekun Executive Director Enough is Enough (EIE), a Non-Governmental Organisation and Wale Adeoye Executive Director Journalist for Democratic Rights (JODER).…