He was given the recognition during the closing dinner at the 45th conference and annual general assembly of the organisation in Accra, Ghana. Daniel emerged as the winner among other personalities that were nominated for the award in other African countries. Over 1,000 delegates from different countries in Africa participated at this year’s event. The award, recognises individuals and companies for their outstanding contributions towards the growth of the African insurance industry. Having won the 2018 edition of the award, Daniel will be automatically nominated for the Insurance Hall of Fame, which is organised by the International Insurance Society. Nominees…
Author: Orientalnews Staff
L-R: Mr. Olusegun Adeniyi, Member, Africa Initiative for Governance (AIG) Panel of Advisors; Dr. Ajoritsedere Awosika, Member, AIG Panel of Advisors; Mr. Ernest Ebi MFR, Member, AIG Panel of Advisors; Dr. Enase Okonedo, Member, AIG Panel of Advisors; Mr. Aigboje Aig-Imoukhuede CON, Founder & Chairman, AIG; Mrs. Yemisi Ayeni, Member, AIG Panel of Advisors; and Ms. Chienye Ogwo, Chief Executive Officer, AIG, at the Africa Initiative for Governance (AIG) Panel of Advisors’ Meeting in Lagos on Friday, May 11,2018.
Turkish Airlines, the airline that flies to more countries than any other airline, recently organised the second edition of the Black Sea MENA Tourism and Investment Summit in Ordu, Turkey. There were ver 200 representatives from the MENA region who took part in this summit. The summit saw the attendance of businessmen, travel agencies, social media influencers, and press representatives with an overall presence of over 200 attendees from more than 15 different countries. This year’s summit also saw the participation of the Minister of Culture and Tourism of Turkey. This year, Turkish Airlines celebrated their most recent results of…
Yemisi Izuora/Reuters Canada-listed junior miner Thor Explorations is making spirited efforts towards bringing Nigeria’s first large-scale gold mine online in early 2020. The company’s chief executive office, CEO Segun Lawson said made the confirmation as federal government seeks to diversify its economy away from oil and gas. Following the commodity price crash of 2015-16, the World Bank in April 2017 said it was providing funds to help the Nigerian government develop its neglected mining sector. Projects under way include Thor Explorations’ Segilola Gold Project, located in Osun State, Lawson said aims to produce gold in the first quarter of 2020…
Yemisi Izuora Shell Nigeria Exploration and Production Company (SNEPCo) has delivered a total of 763 million barrels of oil from the Bonga field between first production in 2005 and 2017. The oil giant has also expanded the field with further drilling of wells in Bonga Phases 2 and 3 and through a subsea tie-back that unlocked the nearby Bonga North West field in August 2014. “The success story at Bonga is not only that it is Nigeria’s first oil and gas production project in more than 1,000 metres of water, or that It increased Nigeria’s oil production capacity…
Yemisi Izuora The Nigerian National Petroleum Corporation (NNPC) has increased the supply of gas to the power sector between January 2017 to January 2018 by 88.89 per cent. The information was contained in the corporation’s monthly Financial and Operations report for January 2018 which was released today in Abuja. According to the report gas-to-power supply as at January 2018, stood at 731 million metric standard cubic feet (mmscf) per day as against 387mmscf/d in January 2017, representing 88.89 per cent increase. “An average of 731mmscf/d of gas was sent to over 20 domestic thermal power plants in the month of…
Yemisi Izuora The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has advocated for increased and sustained synergy between Nigerian universities and the oil and gas industry to harness the noticeable gains in the implementation of the Nigerian Content agenda in the Petroleum Sector. Delivering the 23rd, 24th & 25thcombined Convocation Lecture of the Abubakar Tafawa Balewa University (ABTU) in Bauchi over the weekend, the NNPC GMD noted that the Ivory Tower and the Industry must seek workable and symbiotic partnership for the good of the institution and the growth of the Industry. Dr. Baru said…
Yemisi Izuora/Agency Report A corruption trial against oil giants Shell and Eni and Nigeria’s ex-oil minister Dan Etete is getting started in Milan today.The case deals with alleged bribes valuing millions, and the Italian trial is not the only one. Starting Monday, the Italian city of Milan will be the scene of a month long trial that deals with corruption allegations in the oil industry. The Milan public prosecutor’s office accuses the Italian oil firm Eni and the British-Dutch oil company Shell of having paid millions of dollars in bribes in order to acquire a lucrative oil exploration…
Yemisi Izuora Oil prices edged lower on Monday as a relentless rise in U.S. drilling activity points to increased output, while resistance emerged in Europe and Asia to U.S. sanctions against major crude exporter Iran. Still, crude prices were near more than three-year-highs reached last week as markets expect Iran’s oil exports to fall significantly once U.S. sanctions bite later this year. Brent crude futures, the international benchmark for oil prices, were at $77.07 per barrel down 5 cents from their last close, while U.S. West Texas Intermediate (WTI) crude futures were at $70.66 a barrel, down 4 cents from…
