Richard Ginika Izuora The Federal Government through the Presidential Compressed Natural Gas Initiative (P-CNGi) Steering Committee, is projecting to attract over $ 2 billion in investment into the Nigerian economy and create more than 250 employment opportunities for different professionals. The Chief Executive Officer, P-CNGi, Engr. Micheal Oluwagbemi disclosed this at the weekend during the official commissioning of CNG conversion centres and demonstration of some converted CNG vehicles, which is in partnership with the private sector at Femadec Group’s head office, one of the partners on the initiatives. He stressed that CNG is home-made with the capacity to…
Author: Orientalnews Staff
Richard Ginika Izuora The Presidential CNG Initiative (P-CNGi) marked a historic moment at the weekend with commissioning of a P-CNGi Pilot Conversion Centre in Lagos. The Chief Executive Officer, P-CNGi, Engineer Micheal Oluwagbemi, described it as a significant step towards a more environmentally sustainable and economically viable future for Nigeria as it carries immense significance for Nigerians and the global movement towards responsible energy choices. The commissioning of the first of Lagos P-CNGi Pilot Conversion Centres is a historic occasion, as it is the first of many such facilities planned under the P-CNGi initiative, Oluwagbemi, said. The initiative,…
… Also Best MSME Bank Of The Year’ prize Polaris Bank through its VULTe, has won for the third time, Nigeria’s ‘Best Digital Bank of the Year’ prize at the prestigious BusinessDAY’s Banks And Other Financial Institutions (BAFI) Awards, at the weekend. Polaris Bank also won ‘Best MSME Bank of the Year’ award at the same event. VULTe, is a digital banking platform designed to enable customers to consummate every banking transactions – from account opening, through requesting for certain categories of loans – to generating bank statements. It also connects the customer to discover lifestyle trends and social events.…
Roland Iwuchukwu The Network on Police Reform in Nigeria, NOPRIN, has condemned and also demanded investigations into the alleged murder of Chibueze Nwakor as a consequence of the unprofessional and criminal actions of Police officers led by Jude Utazi in Onitsha, Anambra State. The Network strongly condemned the tragic and deeply disturbing incident in which police officers led by Jude Utazi and attached to Police Area Command, Onitsha, Anambra State allegedly shot and killed Chibueze Nwakor, an only son, husband and father to three children on the 13th of October, 2023. This heart-wrenching incident has left the deceased’s family, including…
Yemisi Izuora In furtherance of its leading role in promoting socio-economic development, Nigeria’s premier and leading financial inclusion services provider, has announced the commencement of its Annual Corporate Responsibility and Sustainability Week. For the past seven years, FirstBank colleagues and customers come together to participate in global annual volunteer (Start Performing Acts of Random Kindness) SPARK initiative, to give back to and foster positive change within the communities where they live and work. This has seen an impact of over 200,000 lives across eight countries, over 103 charities supported as well as over 121,015 volunteer hours achieved. The activities…
Yemisi Izuora The Noor Takaful Limited, a composite Takaful insurance firm has announced a sum of N4.97 billion as the gross contribution for the 2022 financial year. The announcement is contained in the annual report and accounts of the company, which was made available during the 6th Annual General Meeting of the company in Lagos. The Board of Directors recommended the dividend payment of N46.84million at 3kobo per ordinary share. A breakdown of the audited result showed that the contribution of the insurance company for the financial year ended December 31, 2022, experienced a sharp growth, amounting…
Yemisi Izuora The Managing Director and Chief Executive Officer, MD/CEO Heirs Life Assurance, Niyi Onifade, has advised insurance regulators to adopt Heirs Insurance Group’s digital framework as the minimum industry standard to drive insurance accessibility and service quality across the country. Onifade made this call during the panel discussion at the 2nd edition of the United Capital Securities’ Insurance CEO Breakfast Forum, which was held in Lagos on Thursday, October 26, 2023. While delivering the keynote address, the Commissioner for Insurance, Mr. Sunday Thomas commended Heirs Insurance Group for their immense contributions to the Nigerian insurance industry since entering…
Tunde Bakare The Secretary to the Government of the Federation, Senator George Akume, has approved the appointment of Assistant Corps Marshal Bisi Kazeem to the rank of Deputy Corps Marshal. The newly appointed Deputy Corps Marshal , Bisi Kazeem, is to represent the southwest geopolitical zone of the country. Kazeem who presently head the Corps Public Education Office is a seasoned road safety administrator who has held several positions of authority and attended so many courses both within and outside the country. He has a Master of Science in Transport Studies, Department of Geography and Regional Planning, Ogun State…
Yemisi Izuora The West African Securities Regulators Association (WASRA) has recognized the Group Chief Executive Officer, of the NGX Group, Oscar N. Onyema, for his contribution and support in shaping the integration of capital markets in the region. He was also recognized for being the first Chairman of the West African Capital Markets Integration Council (WACMIC). Onyema was given the recognition at the recently completed West Africa Capital Market Conference held in Lagos on the 25th and 26th of October 2023. The Group CEO of NGX Group was the President of the African Securities Exchanges Association (ASEA) between…
Joseph Bakare The Speaker of the House of Representatives Rt. Hon. Abbas Tajudeen, has urged the National Defence College (NDC) to think outside the box and come up with ideas with which Nigeria could address the various security challenges facing the country. Abbas, while lamenting the loss of lives and property to insecurity in the country, stated that the NDC, as a research-based security institution, should come up with proposals on how best to tackle the challenges. The Speaker made the call when the Commandant of the college, Rear Admiral Olumuyiwa Morakinyo Olotu, led the management of the NDC…