Author: Orientalnews Staff

The Vice President of Messrs Leonardo, Mr Claudio Sabatino has assured the Chief of Air Staff (CAS), Air Mashal Hasan Abubakar, of his Company’s unwavering commitment to the timely delivery of the M-346 fighter aircraft beginning with the first batch of 6 expected in Nigeria before the end of Year 2024.  Mr Sabatino stated this when he paid a visit to Nigerian Air Force (NAF) Headquarters on Wednesday, 17 April 2024.  While thanking the CAS for the warm reception accorded him and his entourage, Mr Sabatino also stated that further engagement between the NAF and his Company would be necessary…

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Joyce Onwuka The 20th Edition of the Prince Dr. Joseph Adewunmi Ademiluyi Tennis Foundation Tournament promises a spectacular showcase of young tennis talent, culminating in its grand finale on Saturday, April 20th, 2024, at the Lagos Country Club, Ikeja. This year’s event marks the 20th consistent iteration of the tournament, a remarkable milestone marked by the discovery, nurturing, and establishment of tennis talents. Over the years, the Prince Dr. Joseph Adewunmi Ademiluyi Tennis Foundation has not only honed athletic skills in young talent but also instilled values of fair play, discipline, and sportsmanship. During the Press Conference…

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Yemisi Izuora Faltering economy of Nigeria, has continued to swing its position to unfavorable level, as the country’s economy which ranked as Africa’s largest in 2022, is set to slip to fourth place this year. Also, Egypt, which held the top position in 2023, is projected to fall to second behind South Africa after a series of currency devaluations, International Monetary Fund forecasts show. The IMF’s World Economic Outlook estimates Nigeria’s gross domestic product at $253 billion based on current prices this year, lagging energy-rich Algeria at $267 billion, Egypt at $348 billion and South Africa at $373 billion.…

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Francesca Odimgbe The first Lagos Leadership Summit, held Wednesday, ignited new passion and zeal towards charting a new course of action for the country’s future. The event, organised by Lateef Jakande Leadership Academy (LJLA), presented an opportunity for inclusive interaction between old and new generations. Debates, speeches and panels delved into topics that challenged the mental, emotional and physical preparation of the youth to take up leadership roles. Discussants evaluated how young people currently in leadership positions had inspired impactful changes. The event, with the theme: “Leadership and Nigeria’s Future”, held at Konga Place in Lekki, was…

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Ken Okeke Dana Air, has embarked on two significant initiatives aimed at promoting health and wellness among its staff and customers. These two significant events are scheduled to hold on the 25th, 26th and 29th of April in Lagos while the Abuja Half Marathon will hold in Abuja on the 20th of April at the Old Parade Ground Garki, Abuja Speaking on the two initiatives for staff and customers, the Chief Operating Officer of Dana Air, Ememobong Ettete said, ”These initiatives are part of Dana Air’s broad, far- reaching CSR social efforts aimed at promoting wellness, disease prevention, and active health education…

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Joseph Bakare The Comptroller-General of Customs (CGC) Bashir Adewale Adeniyi, on Wednesday, 17 April 2024, paid a courtesy visit to the Voice of Nigeria (VON) Corporate Headquarters, where he promised support to enhance public awareness. The CGC, who was warmly welcomed by the Director General of Voice of Nigeria, Malam Jibrin Baba Ndache, acknowledged his achievements, stating, “The comments about you are that of joy and your achievements are highly commendable. You’ve reached out to several and necessary stakeholders, and you have partnered with many media organisations. The reason for welcoming you to our corporate headquarters personally is to…

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Tunde Bakare Hearing of bail application of Binance Holdings Limited and one of its Executives, Tigran Gambaryan, before Justice Emeka Nwite of the Federal High Court, sitting in Maitama, Abuja, was on Thursday, April 18, 2024, stalled following a fresh application filed by counsel to the second defendant, Mark Mordi, SAN. The defence’s application, a further affidavit in response to the Economic and Financial Crimes Commission,  EFCC’s opposition to the initial bail application filed before the court,   could not be heard because the EFCC’s counsel, Ekele Iheanacho, prayed for an adjournment to properly respond to it. “My Lord, this…

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Joseph Bakare Nigeria has expressed gratitude to German Government for being in the vanguard of security reforms in the country. The Minister of Police Affairs, Senator Ibrahim Gaidam, who made the commendation pointed out that the German government is the foremost contributor to the advancement of policing services and reforms within Nigeria. He said the Government stands as an indispensable ally towards fortifying law enforcement across our nation. The Minister made this known during the visit of the German Ambassador to Nigeria, Her Excellency, Annett Gunther to the headquarters of the Ministry of Police Affairs in Abuja. …

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.. As Fag Inaugurates Committee For Revenue Optimization Yemisi Izuora President Bola Tinubu, has inaugurated a National Single Window Project (NSWP) Committee to achieve optimisation of revenue generation and enhance ease of doing business in the country. Speaking at the inauguration, Tinubu said the initiative is targeted at eliminating all forms of impediments to trade in the country as well as improve Nigeria’s rating in World Bank’s Ease of Doing Business Index. Describing the project, which is domiciled at the Federal Inland Revenue Service (FIRS) as another milestone for his administration, the President noted that the project will…

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Uche Cecil Izuora The Nigerian Shippers’ Council and representatives of various associations in the maritime industry, have looked into the possibility of tinkering with the existing haulage rate obtainable in the maritime industry. Key stakeholders deliberated on the issue at a one day inclusive meeting for the review of haulage rates from the Eastern Ports to various destinations across the country. In a communique signed by various association representatives and at the end of the meeting, which was held at Osborn LA-Palm Royal Resort, PortHarcourt, Rivers State on the 17th of April, 2024, the authorized representatives of shippers, truck owners,freight…

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