Yemisi Izuora The enthusiasm of promoting Africa’s gas potentials especially taking advantage of ongoing huge gas demand by European nations following supply gap from ongoing Russia/Ukraine is now threatened. This is as TotalEnergies, along with Italy’s Eni and the UK’s BP and Shell, have been at the vanguard of securing new oil and gas supplies for Europe to substitute for lost energy supplies from Russia since its invasion of Ukraine in February 2022. After identifying huge gas deposits in Africa and the need to take advantage of the opportunities, analysts said the continent will need investment to meet Europe’s…
Author: Orientalnews Staff
Richard Ginika Izuora The United Kingdom, UK, Prime Minister Rishi Sunak has declared the country will need fossil fuels for the “next few decades” thus calling for sustained investment in the sector for that period. This is also as the UK moves to eliminate net greenhouse gas emissions, after being urged to oppose Equinor ASA’s Rosebank oil field project in the North Sea. “It makes absolutely no sense to not invest in the resources we have here at home, to import foreign fossil fuels, not create jobs here and import them at twice the carbon emissions as our local…
Richard Ginika Izuora The Federal, State authorities and media practitioners in Nigeria have been urged to bring into sharp focus the plight of people living with disabilities, especially children. Some 27million Nigerians-more than the total number of voters in the last national elections- are said to be living with disabilities in the face of the country’s difficult economic fortunes raising more challenges for people that are physically less able. Whereas, in the last national elections, the electoral umpires did not consider provisions to aid PLWDs while engagements with people with disabilities by political stakeholders in the build up to…
Francesca Odimgbe The National Examinations Council (NECO) has rescheduled the entrance examinations conducted for academically gifted students into the Federal Government Academy, Suleja. The exams, which were supposed to hold on Saturday, 13th May 2023, will now hold on Saturday 10th June 2023. According to a statement by NECO, the exams were rescheduled “to enable more candidates to register for the examination following a request by some stakeholders for an extension of the registration period. “All candidates, parents, guardians, and other relevant stakeholders are therefore enjoined to take note of the new date for the examination. The registration…
Yemisi Izuora The FMDQ Securities Exchange Limited, has approved the quotation of the Zedcrest Capital Limited ₦5.00 billion Series 1 Commercial Paper (“CP”) under its ₦15.00 billion CP Issuance Programme on its platform. Zedcrest Capital Limited (“Zedcrest Capital” or the “Issuer”), a subsidiary of Zedcrest Group, is a proprietary and capital management firm, investing in debt and equity capital markets, business acquisitions and buyouts. To commemorate the CP quotation, FMDQ Exchange, held a prestigious Quotation Ceremony at its offices in April, for the Issuer, represented by the Group Managing Director, Mr. Dayo Amzat, along with other key representatives from…
By Admin The Anambra State Government on Tuesday said that over 100 babies were delivered in the state’s Internally Displaced Persons (IDPs) camps in the 2022 flood disaster. Dr Afam Obidike, the state’s Commissioner for Health, made the disclosure while taking delivery of 1,212 Mama Kits donated by the United Nations Children’s Fund (UNICEF), on Tuesday in Awka. Obidike said that during the flooding, many pregnant women ran to the IDPs for safety without their delivery kits. “During the 2022 flood disaster, we had over 100 deliveries at the IDP camps. “This prompted the Wife of the Governor, Dr Nonye…
Yemisi Izuora The Nigerian Communications Commission (NCC) has raised N117.36 billion from Airtel Nigeria and MTN Nigeria after both firms renewed their 3G spectrum. Airtel Nigeria paid N58.70 billion to have its 2100 MHz spectrum licence renewed for the 3G network in Nigeria, while MTN Nigeria was charged N58.66 billion. According to separate statements released by the two companies, Airtel and MTN renewed their spectrum for 15 years. Both companies’ previous licenses for the 3G spectrum expired at the end of April 2022. But the renewal has extended the validity till April 2037. In its statement informing shareholders of…
Ken Okeke The Federal Airports Authority of Nigeria (FAAN) has asked airline operators to relocate their aircraft from the General Aviation Terminal (GAT) of the Nnamdi Azikiwe International Airport (NAIA) Abuja, to alternate airports. The FAAN, in a circular dated May 8 and issued on Tuesday to operators, stated that the May 29 presidential inauguration is a high security event, which safety and security must be enhanced. “This is to inform you of a need to temporarily relocate your aircraft to alternate airports due to upcoming Presidential inauguration slated for May 29th 2023.” The circular with reference number: FAAN/ABJ/NAIA…
Joseph Bakare Vice President Yemi Osinbajo, has predicted that by sustaining the significant strides made by the Buhari administration in the electricity sector, with increased investments and improvements in the value chain, Nigeria could become one of the best power markets in the world. Osinbajo stated this yesterday Tuesday in his remarks at the official commissioning of the 240MW, AFAM 3 Fast Power Project in Port Harcourt, Rivers State, where he represented the President. According to the VP, “we have all the ingredients to create one of the best power markets in the world. I am also confident it…
Vincent Ezenagu Seplat Energy Plc has disclosed that the Federal High Court, sitting in Abuja has delivered a final and binding Judgment, ordering the Company to hold its AGM on 10th May 2023. The Judgment further restrains any current or former directors, shareholders and officers of the Company from cancelling or postponing the AGM as announced to the public. Seplat Energy therefore states that, in due compliance with the Law and the Judgement, its AGM will hold on 10th May 2023 at 11:00am, as expressly ordered by the Federal High Court of Nigeria. This announcement is made pursuant to Rule 17.10…