The Queen of Apomu, Olori Janet Afolabi in her quest to bring smiles to the faces of children gathered about 1000 Apomu children to the Alapomu Palace, Apomu, headquarters of Isokan local government area of Osun state on May 27, to celebrate Children’s Day. Olori Afolabi who was very happy to host the children stressed that it was part of her contribution to put smiles on the faces of children who are the inevitable future of the Community. The event began with a march past from 15 primary schools.Thereafter, there were quizzes, culture dance display and dance competitions. Winners…
Author: Orientalnews Staff
Yemisi Izuora The National Petroleum Company Limited, NNPCL, has opened up with a shocking disclosure that the Federal Government owes the company the sum of N2.8 trillion in subsidy payment deficit. Group Chief Executive Officer of the Company, Mele Kyari, stated this while speaking to journalists at the Presidential Villa, Abuja, after a meeting with President Bola Tinubu. Kyari affirmed the disclosure by the President in his inauguration speech on the end of the subsidy regime, saying the policy is welcome as payment of subsidy is no longer sustainable. Kyari, who was joined at the briefing by the Authority Chief…
Joseph Bakare The Kwara State Governor AbdulRahman AbdulRazaq has cautioned oil marketers to avoid imposing needless hardship on the citizens through creation of artificial fuel scarcity in the state and beyond. Abdulrazaq, who is also the Chairman, Nigeria Governors’ Forum (NGF), stated this in a statement issued by his spokesman, Rafiu Ajakaye, on Tuesday. According to him, “The Governor is seriously concerned about reports of sudden fuel scarcity in different parts of the state. This is totally uncalled for. He asks fuel marketers to immediately discharge fuel to the public under the normal pricing system since they had bought what…
Pictures L-R: Dipo Olaloku (Head, Retail & Strategy Staco), Oluwafemi Laniyan (Coo- Unyte), Wahab Disu (Head of Partnerships Unyte), Wale Banmore (MD Staco), Anozie Fortunate (CEO-Unyte) , Rahman Disu (Partnerships Unyte) Yemisi Izuora Unyte Africa, an InsurTech company that aims to connect millions of Africans with various sectors via APIs, has announced its partnership with Staco Insurance, one of the leading insurance companies in Africa. The partnership with Staco Insurance will enable Unyte Africa to provide vehicle registration services for individuals and logistics companies in Nigeria , while also giving them access to protection for vehicles and goods in transit…
Yemisi Izuora Chief Executive Officer of Fidelity Bank PLC, Nneka Onyeali-Ikpe, has been listed amongst the recipients of the 2023 national awards. According to the 2023 national awards list released by the Federal Government last weekend, Onyeali-Ikpe would be conferred with the award of the Officer of the Order of the Niger, OON. The list also includes prominent names such as Emeka Anyaoku, First lady, Oluremi Tinubu, Co-Founder of Tony Elumelu Foundation, Dr Awele Elumelu; President of Transcorp Group, Dr Owen Omogiafo among others. Also, former Governor of Osun, Bisi Akande; Olusegun Osoba; Mamman Daura and Central Bank Governor, Godwin…
Yemisi Izuora The Manufacturers Association of Nigeria, MAN, has congratulated the President and Management of Dangote group on the completion and commissioning of its Petroleum Refinery in Lagos. Segun Ajayi-Kadir, Director General MAN, said it is gratifying to note that the Refinery can meet 100 per cent of Nigeria’s requirement for all refined products (Gasoline, 57 million litres per day; Diesel, 27 million litres per day; Kerosene, 11 million litres per day and Aviation Jet, 9 million litres per day) and also have a surplus of each of these products for export. He also noted that the refinery promises will…
Yemisi Izuora The National Pension Commission (PenCom)) has described as misleading publication on www.recruitmentfile.net alleging that the Commission has commenced recruitment exercise for 2023/2024. The publication further states that suitable candidates are to submit their applications through a recruitment portal on the Commission’s website. The Commission warned the general public to note that the publication is entirely false and that no such exercise is underway. The Commission further noted that all credible information about its activities is available on its website (www.pencom.gov.ng) and its social media handles (Facebook: @PenCom.gov; and Twitter: @PenComNig). The Commission has in the meantime reported the…
Yemisi Izuora Prof. Umar Garba Danbatta, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), will be conferred with the esteemed National Productivity Order of Merit (NPOM) Award, among other notable Nigerians. The announcement was made in an advertorial signed by the Director General of the National Productivity Center, Dr. Nasir Olaitan Raji-Mustapha, heralding Danbatta’s exceptional achievements and significant contributions to the development and advancement of the Nigerian telecommunications industry. The NPOM Award recognises individuals, who have demonstrated exemplary leadership, innovation, and dedication in their respective fields, and Danbatta’s recognition highlights his outstanding contributions to the NCC and the…
Yemisi Izuora The National Association of Microfinance Banks (NAMB) has directed all licensed Microfinance Banks (MFBs) nationwide to update it on their recapitalisation status for assessment and follow-up actions with the regulatory authorities. The Executive Secretary of the NAMB, Mr Shikir Caleb, said this in a statement on Tuesday in Abuja. The decision is coming barely a week after the revocation of 179 MFBs licences by the the Central Bank of Nigeria (CBN) and the negative implications for its financial inclusion drive. The CBN had said that it revoked the MFBs licences due to failure to fulfill or comply with…
Yemisi Izuora Sanlam General Insurance Nigeria Limited, a member of the largest Insurance group in Africa is committed to providing unparalleled financial confidence to its customers, the last five years has seen Sanlam General Insurance sustain a year-on-year surge in its Gross Premium Written (GPW) amid the socio-economic wobbles. Between 2018 and 2022, the company, due to its strategic prowess, grew its GPW from N4.6 billion in 2018 to N11.4 billion in 2022. The company’s financial statements revealed a Compound Annual Growth Rate (CAGR) of 31% in Profit Before Tax (PBT) from 2018 to 2022, which demonstrates Sanlam General Insurance…
