Author: Orientalnews Staff

  Yemisi Izuora  Flour Milling Association of Nigeria (FMAN) has donated 2,000 units of plantable seeds in 50 kilogram, KG, bags for distribution to farmers in wheat producing states of Nigeria. This is the first part of the Association’s two-phase support programme to wheat farmers.  Under phase 2, FMAN has placed firm overseas orders for some multi-crop threshers which will be distributed to farmers sometimes in February 2018, for use by farmers at the beginning of the next harvest season. Speaking at the presentation to the Wheat Farmers Association of Nigeria (WFAN) in Kano, the Chairman of FMAN, Mr. John…

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Yemisi Izuora Electricity distribution companies in the country have asked the federal government to rescind any plan to review the processes that saw to the handing over of 11 successor companies of the Power Holding Company of Nigeria(PHCN) to new investors on November 1,2013. They argued that the  planned review is a distraction, adding that inherent dangers in the exercise outweighs the supposed benefits the government would derive the review of the auction of the assets, which he said was adjudged  to be transparent  Oriental News Reports that Minister of State for National Planning, Mrs Zainab Ahmed, recently conveyed the…

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OPEC has expressed some concerns that adoption of electric vehicles could impact global oil demand. The Organization said in its report’s forecast that world oil demand would rise to 111.1 million barrels per day (bpd) in 2040 could be curbed to 108.60 million bpd if electric vehicles are adopted more widely than assumed in the report’s reference case. Meanwhile, OPEC has said in its 2017 World Oil Outlook that demand for its crude would rise in the next two years more slowly than previously expected as a recovery in prices due to OPEC’s return to supply management stimulates output growth…

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Yemisi Izuora First Bank of Nigeria Limited has announced its partnership with the CFA Society Nigeria to host the Universities’ Ethics Challenge. The event which is scheduled for November 9 – 12, 2017 is one of the educational outreach programmes designed by CFA Society Nigeria for university students; it aligns with FirstBank’s Corporate Responsibility and Sustainability strategic approach to education and fits into the theme of one of the Bank’s Endowment programmes in Nigerian Universities – The Samuel Asabia Chair for Business Ethics at the University of Lagos. The Ethics Challenge will take place at FirstAcademy, FirstBank’s strategic platform for competence development, knowledge management…

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Yemisi Izuora Anambra State Police Commissioner CP Garba Baba Umar and INEC Resident Electoral Commissioner Anambra state, Dr Nkwachukwu has denied rumours that two lorries full of sensitive election materials belonging to the Independent National Electoral Commission (INEC) were found in a hotel in the state. National Chairman of APGA, Chief Victor Oye raised the alarm at a press briefing at Amawbia in Awka South local government area saying security agencies in the state intercepted the materials and that two persons had been arrested in connection with the incident. Reacting to the allegation, Baba said there was nothing like that.…

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Yemisi Izuora Affected traders at the Kano Market fire disasters few months ago have received N500 Million support from Aliko Dangote to help rehabilitate them. Aliko’s donation which came through the Aliko Dangote Foundation, was in response to the appeal by the Kano state government for contributions from public spirited individuals and corporate organizations to help the fire victims come back to business. No fewer than seven fire disasters have occurred in five major markets across the state within the past few months with no fewer than 1,400 shops and goods estimated at N28 billion gutted by the inferno. It…

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Yemisi Izuora United Bank for Africa Plc (UBA) Group Head, Marketing and Corporate Communications, Mrs Bola Atta was recemtly honoured as a top marketing professional in West Africa at the 7th Marketing World Awards (MWA) & Marketing 360 Summit.   The prestigious award was presented at the event held in Accra, Ghana.   Speaking on the rationale behind the award, the Chief Executive Officer/Group Executive Publisher, Instinct Wave, Mr. Akin Naphtal, noted that the top professional award was given to Atta to celebrate her outstanding achievements and contributions that have helped shape the marketing landscape and influenced brilliance in many individuals,…

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Yemisi Izuora  The Central Bank of Nigeria (CBN) has formed strategic partnershipswith agricultural commodity associations in the country in its effort to expand the implementation of the Anchor Borrowers’ Programme (ABP). According to Acting Director in charge of Corporate Communications Department (CCD) at the Bank, Isaac Okorafor, the decision to enter into strategic partnerships was to consolidate on the gains of the ABP and reach more deserving small holder farmers nationwide.  Okorafor said further, “the CBN is forming these partnerships to further ramp up domestic production of identified commodities by leveraging the existing organized structures of the agricultural associations nationwide, thereby providing huge economics of scale in the implementation of the programme.”…

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  Yemisi Izuora  As part of efforts aimed at improving ground facilitation and enhancing safety, security and comfort of the travelling public, the Federal Airports Authority of Nigeria has opened a new entrance to the multistorey car park at the Murtala Muhammed Airport, Lagos. The new entrance, situated along the Airline Services Limited (ASL)/Blue Lodge Hotel road, and which became operational today, Wednesday November 8, 2017, will ease vehicular traffic on the main road leading to the departure frontage. With this added facility, there is now an alternative entrance for airport users desirous of using the car park and facilitation will…

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THE Realnews Magazine and Publications Limited will hold its fifth Anniversary Lecture on Thursday, November 16, 2017. The lecture entitled: “African Leadership in a Turbulent Era” which will be delivered by Dr. (Mrs) Oby Ezekwesili, former Nigerian minister of education, will take place at the Sheraton Hotel, Ikeja, Lagos, by 10 am prompt. Ezekwesili, former vice president of the World Bank and co-founder of Transparency International, was last week, appointed democracy ambassador by the Swedish-based International Institute for Electoral Assistance, International IDEA.  She is the first female to give the Realnews Anniversary Lecture series. The Lecture will be chaired by Professor Akpan Hogan Ekpu, director general…

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