Uche Cecil Izuora The African Energy Chamber (AEC), has announced its support and strong endorsement of the West African Energy Summit (WAES), scheduled to hold in Aberdeen, Scotland, from November 18-19, 2025. The event returns for its second edition to foster meaningful exchanges between African and global partners. With investment representing a cornerstone for Africa’s energy future, the event aims to unlock capital flows essential for advancing energy projects. Hosted in partnership with the Ministry of Energy of Ghana, the Petroleum Commission of Ghana and the Ghana National Petroleum Corporation, WAES is a premier platform that unites technology providers,…
Author: Orientalnews Staff
Francesca Odimgbe Lagos State Governor, Mr Babajide Sanwo-Olu has congratulated Muslim faithful, particularly the Muslim Ummah in Lagos, as they join the rest of the world to celebrate Eid-el-Fitri, which marks the end of the Holy Month of Ramadan fasting and prayers. He urged Muslims to uphold the lessons of Ramadan and to continuously show love, compassion and care to the people, particularly the needy and downtrodden in the society. The Governor, in his Eid-el-Fitri message issued on Sunday by his Special Adviser on Media and Publicity, Mr Gboyega Akosile, wished the Muslim Ummah more of Ramadan festivities in…
Yemisi Izuora Aradel Holdings Plc, Nigeria’s leading integrated indigenous energy company, has released its full year financial report for 2024 showing a leap of revenue earnings which rose to N581.2 billion representing 162.8 per cent. The Company also reported Profit after Tax of ₦259.1 Billion, up by 382.1 per cent with final dividend of ₦22 per Share. Commenting on the performance, Chief Executive Officer of Aradel Holdings Plc, Mr. Adegbite Falade, said, “Aradel Holdings Plc delivered exceptional operational and financial performance in 2024, with revenue rising by 162.8% to ₦581.2 billion. This remarkable growth was primarily driven by increase…
Ken Okeke Air Peace has continued to set the pace and revolutionize aviation business in Africa. The airline, which is arguably Nigeria’s leading airline, and West and Central African’s largest carrier proudly marks the first anniversary of its Lagos-London route, reflecting on a year of exceptional service, strategic partnerships, and significant contributions to the Nigerian aviation industry. This milestone not only marked the airline’s expansion into the European market but also signified a monumental achievement for Nigerian aviation. One year later, Air Peace’s London service has become a symbol of excellence, offering competitive fares, top-tier service, and a bespoke…
Tunde Bakare The Kogi State Commissioner for Information and Communications, Hon. Kingsley Fanwo has felicitated with the Chief Servant of the state, Alhaji Ahmed Usman Ododo, and the Muslim faithful on the occasion of the Eid-El-Fitr. The Eid-El-Fitr marks the successful end of this year’s Ramadan fasting. Hon. Fanwo, in a Sallah message on Sunday, charged the Muslims to maintain the good deeds as taught and practised during the Holy month of Ramadan. “You shouldn’t forget the important lessons of the Ramadan, which includes improving bond with one another and the less privileged in our society. Endeavour to show…
Joyce Onwuka The National Assembly has been asked to probe the death of Mrs Lydia Idowu Adedipe said to have been subjected to unprofessional medical attention by officials of the country’s premier University Teaching College, Ibadan. Family sources said medical workers at UCH watched Mrs Adedipe died in pain on Wednesday March 28 failing to provide the necessary medicare at least to prolong her life. She died of ovarian cancer, a terminal disease but she was subjected to unnecessary cultural, psychological and financial exploitation by the medical staff. After paying millions of naira, she was kept in a filthy…
Moses Ofodeme Former Lagos State Governor and Minister of Power, Babatunde Raji Fashola, has called for review of training of lawyers to make them become proficient advocates. Speaking at the Body of Benchers Annual Lecture (BOBAL 2025), Fashola, who is also a Senior Advocate of Nigeria (SAN) took time to reflect on the theme of the lecture, “HALF A CENTURY OF THE BODY OF BENCHERS, THE PAST, THE PRESENT, AND THE FUTURE OF MAINTAINING THE ETHICS OF THE LEGAL PROFESSION IN NIGERIA.” Though he touched on various issues affecting the legal system in Nigeria, he recommended that post university…
Joseph Bakare The Nigeria Extractive Industries Transparency Initiative has disclosed the recovery of over $4.85bn from the disclosures of $8.26bn made in its 2021 oil and gas report. The Agency however revealed that revenue-generating Agencies currently owe the government a total sum of N9.3tn in unremitted liabilities. The NEITI noted that this amount revealed in its 2023 industry report would cover approximately 72 per cent of the Federal Government’s projected budget deficit of N13tn for 2025. The Executive Secretary of the Agency, Orji Ogbonnaya Orji, gave the update at a briefing to provide more information to the public on…
Yemisi Izuora The Minister of Art, Culture, and Creative Economy, Hannatu Musa Musawa, has called for stronger collaboration between the private and public sectors to ensure the sustainability of Nigeria’s art industry. She also lauded Ecobank Nigeria, the Africa Finance Corporation (AFC), Soto Gallery, and other fair sponsors for providing a platform for emerging artists to showcase their talent and creativity. The Minister assured that her ministry will continue to support and encourage initiatives like these. During her visit to the +234 International Art Fair at the Ecobank Pan African Centre (EPAC) in Lagos, the Minister expressed her…
Uche Cecil Izuora Super oil majors are moving towards more oil production which puts energy transition into more complex situation. Despite mounting evidence to the contrary, arguments are being put forward that the energy transition is “unstoppable”, that it is successfully displacing oil and gas, and that the traditional energy business is doomed, despite the right short-term outlook. In this context, “short term” actually refers to at least two decades. In truth, the fact that Exxon, Chevron, and the rest of the big U.S. oil and gas players have been consistently outperforming their European peers is evidence enough that…