Moses Ofodeme The Oyo State Government has stated that it is working on a partnership with Fasken’s Global Mining Group to develop the state’s solid mineral sector and reposition the Pacesetter Mineral Development Company, a limited liability company owned by the state. Fasken Global is one of the biggest mining companies in the world. The state governor, ‘Seyi Makinde had earlier identified solid minerals as a veritable source for increasing the state’s revenue, hence the decision to attract investment into the solid minerals sector and build infrastructure around it. The partnership with Fasken is in line with the objective…
Author: Orientalnews Staff
Yemisi Izuora The Nigerian National Petroleum Company (NNPC) Limited, NNPCL and the Nigeria Customs Service (NCS) have offered their support for the 7th annual conference of the Guild of Corporate Online Publishers (GOCOP), scheduled for Thursday, October 5 at the Abuja Continental Hotel (Old Sheraton) by 10am. Also, other State Governments in particular, Lagos and Kwara States have given their backing to the conference. Chairman of the 2023 Conference Planning Committee, Danlami Nmodu, mni revealed this in a press statement by the Publicity Secretary of GOCOP, Mr. Remmy Nweke, saying that a good number of bluechip companies and high net-worth companies…
Yemisi Izuora Sterling Financial Holdings Company is repositioning its collaboration and partnerships with regulators, infrastructure providers, operators, and other financial services providers to bolster the security of the Nigerian consumer and improve the safety of the financial ecosystem. Olayinka Oni, Executive Director and Group Chief Operating Officer of Sterling Financial Holdings, stated this at the recently held Sterling Thought Leadership Series for Information Technology, themed The State of FI Consumer Security. The session took place in Lagos and was attended by heads of information technology and security teams from banks, fintechs, consultancy firms, industry infrastructure providers and regulators such…
Joseph Bakare TAJBank Limited, Nigeria’s fastest growing and technology-driven non-interest banking services provider, has again blazed a new trail in the non-interest banking space in half year 2023, posting impressive performances in financial indices, particularly in recording the highest Tier-1 capital in the sub-sector of the non-interest Banking industry in the six months period. Similarly, the audited financial statements of the non-interest lender reflected a huge surge in its Profit Before Tax (PBT) to N6.019 billion, which is the highest in the banking sub-sector and surpassed analysts’ projections. The bank’s latest financial performance feats came barely six months after…
Yemisi Izuora The Maritime Workers Union of Nigeria (MWUN), has directed its members to return to their duty posts after the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), suspended the indefinite strike scheduled to start from October 3, 2023. In a press statement on Monday, Com John Kennedy Ikemefuna, Head of Media, Maritime Workers Union of Nigeria (MWUN), urged the workers to return to work. It would be recalled that the Nigeria Labour Congress had directed its affiliate member Unions across the country to mobilise and shut down the country following the refusal of government to…
Richard Ginika Izuora The latest forecast growth forecast on China by the World Bank is raising concerns among top crude producers within the Organization of Petroleum Exporting Countries, OPEC+ which has continued to work to balance oil markets. The producer group is cautiously eyeing China growth, said the UAE Minister of Energy told at a conference just two days ahead of the alliance’s October 4 ministerial panel meeting. “Many dynamics are moving on and we hope that the growth in China picks up … because the whole world economy is dependent on China,” UAE Minister of Energy and Infrastructure…
Francesca Odimgbe As Nigeria marks her 63rd Independence Anniversary on Sunday, Lagos State Governor, Mr. Babajide Sanwo-Olu, has urged Nigerians at home and in the diaspora to support the administration of President Bola Tinubu and all state governments in their efforts to birth a new, prosperous Nigeria. The Governor also implored Nigerians to continue to live with one another in love, unity and peace, irrespective of their religious or ethnic differences, adding that all the citizens’ support and encouragement are key for a better and prosperous Nigeria. Governor Sanwo-Olu in a statement issued on Saturday by his Chief Press…
By Godman Akinlabi Colonialism left so many evils in Africa. One of its unfortunate legacies was how it created and enabled a ruler-subject system of governance that twisted the mindset of Africans towards the conception of their political rights and civic responsibilities. The colonialists had absolute power and treated the natives as subjects, not as citizens. This dichotomy is important to note because being a citizen assumes you have full rights and freedom that subjects don’t have. Subjects in the colonial contexts had no agency and had to be unreservedly submissive. This system was vital to the colonialists as…
Yemisi Izuora The Tune Protect EMEIA, UAE, leading digital travel technology facilitator has entered into a strategic partnership with Leadway Assurance Company Limited. The partnership is aimed at providing various travel and lifestyle assurance products via the digital business-to-business (“B2B”) channel in Nigeria. Leadway is the first B2B partner for Tune Protec Re and Tune Protect EMEIA within the African continent that focuses on Travel B2B with more than 10 travel and lifestyle assurance propositions being offered. Based on the above strategic partnership, Tune Protect EMEIA renders the travel technology solutions of White Label Ltd, Malaysia (“White…
Yemisi Izuora Ecobank, has raised alarm on the dangers of SIM swap fraud, stressing that fraudsters could use it to impersonate them. In a message to customers via email, the bank explained that SIM swap fraud occurs when scammers use your phone number to access your accounts. According to the bank, “Scammers impersonate you and trick your mobile phone’s carrier into activating a SIM card, which gives them control over your phone number. It means scammers could potentially enter your username and password when logging onto your online banking platform and then receive the SMS verification code to access…
