Author: Orientalnews Staff

Yemisi Izuora The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Professor Umar Danbatta, has reiterated the Commission’s commitment to ensuring there is a balance in the representation of females in the information technology  (IT) ecosystem. The EVC, speaking recently through the Head, Digital Media Management of the Commission, Nafisa Usman Rugga, at the ICT Quiz competition for Girl’s in Senior Secondary Schools organized by Nigerian Women in Information Technology (NIWIIT), said there was an urgent need to equip the girl child with adequate knowledge, access and use of Information Technology programmes and services which will…

Read More

Francesca Odimgbe Lagos State Governor Babajide Sanwo-Olu was the special guest at Baptist Academy in Obanikoro, on Tuesday, where he identified with a noble cause. The Governor inaugurated a 140-bed hall of residence built by an old student of the missionary school. The single-storey dormitory named “Kikelomo Hall” was donated to the school by Mr. Ayodeji Fadoju of 1988 set. The edifice is named after the donor’s mother. Sanwo-Olu commissioned the students’ hostel amidst ecstatic jubilation by pupils, their teachers and members of Baptist Academy Old Students’ Association (BAOSA). The Governor said the project…

Read More

Yemisi Izuora The Nigerian National Petroleum Company Limited (NNPC), TotalEnergies and partners have unveiled several projects in Osun, Kwara, Imo, Enugu, Anambra, Benue and Rivers States, under their Corporate Social Responsibility, CSR. The projects range from fully equipped solar borehole and water treatment plants, women development and skills acquisition center, solar-powered science laboratory, mammography center and model secondary school. While the Imesi ile community in Osun state and Federal Government College, Enugu, Enugu state got a solar-powered borehole and water treatment plant, the Omu-Aran community in Kwara state received a women development and skills acquisition center. The…

Read More

Nigeria’s oil production averaged 1.34 million barrels per day in the first 10 months of 2022 against the 2022 Budget benchmark of 1.88 million barrels per day, costing the nation about 161.58 million barrels in lost production. At an average crude oil price of $95 per barrel it means the country lost about $15.35 billion in estimated earnings. Latest data by the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, showed that total oil production for the first ten months was 409.94 million barrels against the budget provision of 571.5 million barrels. The data also showed that oil production fell in the…

Read More

L-R: Group Managing Director/CEO, Zenith Bank Plc, Mr. Ebenezer Onyeagwu; President, Unilag Alumni Association, Dr. John Momoh; Executive Governor, Akwa Ibom State, Elder Udom Emmanuel; Founder and Chairman, Zenith Bank Plc, Jim Ovia, CFR; Deputy Managing Director, Zenith Bank Plc (2nd Right – 2nd Row), Dame (Dr.) Adaora Umeoji, OON; Wife of Late Prof. Oyewusi Ibidapo-Obe, Mrs. Sola Ibidapo-Obe; and Vice Chancellor, University of Lagos, Prof. Folasade Ogunsola during the Commissioning of the Iconic Building (Oyewusi Ibidapo-Obe House) housing Zenith Bank Unilag Branch and Unilag Alumni, on Friday, November 25, 2022.  Vincent Ezenagu The memory of Professor Oyewusi Ibidapo-Obe, a former Vice…

Read More

Yemisi Izuora Media experts and other stakeholders have advocated for stronger collaboration between the insurance industry and the media to create the necessary awareness that will further broaden insurance penetration in the country. The stakeholders made the call at the 2022 Insurance Industry Consultative Council (IICC) Media Retreat. They advocated for the creation of a dedicated jointly owned media vehicle by all stakeholders in the nation’s insurance industry that would serve as news agency on insurance content for sharing with other media houses. Delivering the theme paper, “Media As Catalyst For Insurance Inclusion,” at the event organized for members…

Read More

Vincent Ezenagu FBN Holdings Plc, performed creditably at the Great Place to Work Awards ceremony held recently at the Landmark Event Centre, Victoria Island, Lagos. The holding company along with its subsidiary companies; First Bank of Nigeria Ltd, FBNQuest, and FBN Insurance Brokers were recognized at the prestigious event. FBN Holdings Plc received a Gold Certification as a Great Workplace attesting to the quality of its people practices. The holding Company received the award for the ‘Best in Learning and Development’; this is evident with the deliberate focus on capability development for its employees towards building a highly productive workforce. FBNHoldings was also adjudged, the 3rd Best Workplace in the small size corporates category.In the other categories, First…

Read More

Yemisi Izuora The Director General/ Chief Executive, of the Standards Organization of Nigeria, SON, Mallam Farouk A. Salim, would be reeling out key achievements of the Agency as it celebrates its 50th anniversary. The SON Golden Jubilee Anniversary Ceremony which holds at Oriental Hotels, Lekki Road, Victoria Island, Lagos, takes place on Tuesday, December 6th, 2022, promises to be a ground-breaking event which would showcase some of the major engagements and interventions by the agency towards ensuring Nigeria’s industrial and economic growth particularly in recent times under the current watch of Mallam Salim. Indeed, the Director General has expressed…

Read More

Valentine Okafor Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, in line with its contributions to an improved healthcare sector in the country, has upgraded its short-term loan solution within the healthcare value chain. This upgrade ensures a flexible repayment period, with affordable interest rate and zero collateral to enable sector players access better financing and achieve optimal service delivery. The healthcare short-term loan, which now offers a longer tenor of 12 months, affordable interest rate and zero collateral will foster more investment in the sector and enhance strategic relationships to generate new businesses. Speaking at the Medic…

Read More

Yemisi Izuora The Chairman, Insurance Industry Consultative Council (IICC), Mr. Edwin Igbiti, has foreseen greater penetration of the insurance sector despite economic headwinds. Agbiti, also described insurance industry as one of the most resilient and fast expanding sectors in Nigeria. The Chairman made the disclosure in his welcome address at the 2022 IICC Media Retreat with the theme “Media as Catalyst for Insurance Inclusion,”b for the members of the Nigerian Association of Insurance and Pension Editors (NAIPE) at the weekend in Ijebu Ode, Ogun State. According to him, “You will agree with me that there has been growth in…

Read More