Yemisi Izuora Access Bank Plc has unveiled a new savings scheme tagged ‘Family Savings Scheme’ initiated to give its customers a boost in their savings. The exercise is in line with the Bank’s commitment to promoting savings culture among the populace. The ‘Family Savings Scheme’ is a savings scheme designed to encourage families to save together and enjoy exclusive privileges such as high interest rates and family rewards while they continue to enjoy the confidentiality of their banking relation and manage their accounts as unique individuals. The Scheme provides access to people who are presently excluded from financial services whilst…
Author: Orientalnews Staff
Yemis Izuora The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigerian Liquefied Natural Gas Company (NLNG) have signed a Service Level Agreement (SLA) committing themselves to compliance with the provisions of the Nigerian Content Act and timely approvals of documents respectively. The Executive Secretary, NCDMB, Engr. Simbi Wabote and Managing Director of NLNG, Engr. Tony Attah signed on behalf of their organisations. The SLA, first of its kind to be entered between a regulator and another entity in the oil and gas industry would be adopted as the template for managing documentations, contracting and expatriate quota between the…
Yemisi Izuora The Senior Special Adviser on Media to the Minister of Agriculture and Rural Development, Dr. Kayode Oyeleye, has offered explanation to the decision of government to import grazing grass into the country. Oyeleye said the move was basically to facilitate the re-planting of lands reserved for cattle ranch so that the perennial lack of grazing grass for cattle nationwide would be eliminated. “The FG had good intentions in this regard so that the problem of grazing grass would be solved once and for all in the near future. But some people misconceived the government’s intention to mean regular…
Fidelity Bank Plc in collaboration with Gazelle Academy and the Federal Polytechnic, Oko Venture has finalized arrangement for an entrepreneurship training programme for 400 students in Anambra State aimed at reducing youth unemployment levels in Nigeria, The Programme which is packaged under the Fidelity Youth Empowerment Academy stream three, was put together to equip the students with requisite business skills even whilst in school. According to the Bank’s Managing Director/Chief Executive Officer, Mr. Nnamdi Okonkwo, the initiative seeks to empower the Polytechnic Community by creating thriving business owners amongst students. He disclosed this during a closing ceremony of the third…
By Admin The Nigerian Senate has passed the Petroleum Industry Governance Bill, the long-awaited legislation that promises broad reforms to the nation’s oil and gas industry. The report on the bill, produced by the Senate joint committee on gas, petroleum (downstream) and petroleum (upstream), was presented on Thursday by Donald Alasoadura, APC-Ondo. After a clause-by-clause consideration, with few amendments, the Senate approved the bill, moving a step closer to making its ambitious contents law. Amongst other objectives, the petroleum bill seeks to introduce reforms that would engender transparency, while at the same time making the oil and gas sector more…
Yemisi Izuora The managing director and chief executive officer of the Oil and Gas Free Zones Authority, OGFZA, Umana Okon Umana has said the authority henceforth would not issue fresh licenses for the establishment of new Zones except a detailed and verifiable economic plan is submitted by potential developers. Umana said this step has become necessary owing to not viability of many existing zones in the country. He noted that the intention of establishing such Zones is to serve as vehicles for promoting accelerated growth and sustainable economic development. Speaking as a panelist at the 2017 Nigeria Business RoundTable, NBR,…
Yemisi Izuora Traditional medicine practitioners in the southwest are meeting in Lagos state in the first step toward launching of a nationwide clinical verification that will authenticate and certify various local medicines in the country. This follows a Memorandum of Understanding recently endorsed by the Nigerian Institute of Medical Research, NIMR, with the Nigerian Council of Physicians of Natural Medicine, NCPNM, to establish collaborations and cooperation between the two bodies for the search and development of Nigerian indigenous natural medicinal products with potential health and economic benefits. The national president of NCPNM, professor Magnus Atilade said the practitioners would be…