Yemisi Izuora The Standards Organization of Nigeria (SON) is providing needed support to bolster nationwide infrastructure for the conversion process of automobiles from petrol to Compressed Natural Gas (Gas), which is driven by the Presidential Initiative on Compressed Natural Gas (PiCNG). The Organization said it has already adopted 88 international standards for Compressed Natural Gas (CNG) products to ensure quality service delivery in the transport sector. The SON has also developed the Natural Gas Vehicles Monitoring System (NGVMS) to ensure consumers receive value for their money. The Director General (DG) of the SON, Dr. Ifeanyi Chukwunonso Okeke, speaking at…
Author: Orientalnews Staff
Uche Cecil Izuora Sahara Group has said that strategic investment in gas assets and infrastructure, Integration of Renewable Energy and Emissions Reduction through Nature-Based Solutions are key strategies that will drive the Group’s net zero plan. Speaking at the launch of the energy conglomerate’s 2023 Sustainability Report, titled, “Dimensioning the Energy Transition: Path to Net Zero,”Governance and Sustainability, the Groups Director, Ejiro Gray, said the three-pronged strategy reinforces Sahara’s commitment towards a more sustainable future, with 2060 as the net zero target for Sahara’s operations across Africa, Asia, Europe, and the Middle East. “This sustainability report underscores…
Yemisi Izuora As part of the global IOSCO World Investor Week, which took place from October 7-13, 2024, Nigerian Exchange Group Plc (NGX Group), in collaboration with the Securities and Exchange Commission (SEC) and other market operators, organized a series of engaging events aimed at promoting financial literacy and empowering retail investors. These activities highlighted the growing importance of technology and sustainability in modern finance, aligning with the 2024 theme: “Technology, Digital Finance, and Sustainable Finance.” The week kicked-off with a financial literacy seminar at Pan-Atlantic University, Lagos, hosted by NGX Group and the Financial Literacy Technical Committee of…
Time and time about, the Federal Road Safety Corps has proven to be capable of delivering on its corporate mandate. From the leadership of the ISO certified public service agency, to its operatives, the Corps has continued to show that it has all it takes to make the nation’s highways safe for all to use. Today, I join the entire community of road users in celebration of another giant leap achieved towards attaining the goals of the United Nations Sustainable Development Goals (SDGs) on reducing road traffic fatalities by 50% by year 2030. A feat that has in all…
Joseph Bakare The Comptroller-General of Customs (CGC), Bashir Adewale Adeniyi, has embarked on strong partnership process after holding a high-level meeting with the Secretary General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, on the margins of the Biashara Afrika 2024 forum, hosted in Kigali, Rwanda, from 9th to 11th October 2024. This significant engagement brought together key stakeholders to discuss ways to enhance intra-African trade and foster deeper economic integration. The meeting between the CGC and the Secretary-General provided a unique opportunity to refine strategies aimed at improving trade facilitation under the AfCFTA agreement. Discussions centered…
Tunde Bakare A team of Nigerian Air Force (NAF) experts, led by the Chief of the Air Staff (CAS) Air Marshal Hasan Abubakar, along with officials from the Ministries of Defence and Finance, recently participated in a Programme Management Review Meeting in Italy with Messrs Leonardo. The meeting aimed to finalise arrangements for the NAF’s acquisition of 24 M-346 Fighter Ground Attack (FGA) jets as well as an additional 10 AW-109 Trekker helicopters to the 2 already procured by the NAF. While in Italy, the CAS made a strategic stopover at the Leonardo Headquarters in Rome, where he engaged…
Joyce Onwuka In commemoration of the 2024 World Breast Cancer Awareness Month, the Nigerian Air Force Officers’ Wives Association (NAFOWA), has joined other well-meaning individuals, corporate and government entities worldwide to beam attention and raise awareness about the ravaging disease. Led by its National President, Architect (Arc) Dr (Mrs) Rakiya Abubakar, during this year’s awareness month, the Association organised a one-day health walk, lecture and free cancer screening exercise in Abuja earlier today, 12 October 2024. Speaking at the lecture with the theme, “Educate, Empower, Eradicate: A Future without Cancer,” Arc Dr (Mrs) Abubakar disclosed that as part of…
Africa is becoming a key market for social media companies amid a surge in engagement by young, tech-savvy users. Thanks to favourable demographics, rising internet penetration, and promising economic prospects, the continent’s advertising and consumer markets are poised for strong long-term growth. This has drawn increased investments from major players like Meta, the parent company of Facebook and Instagram, and ByteDance, the Chinese tech giant that owns TikTok. Both companies have significantly expanded their presence in Africa in recent years. Notably, TikTok has become one of the leading sources of news and entertainment for African social media users. A…
Yemisi Izuora The United Bank for Africa (UBA) Plc has announced that it will once again be sponsoring this year’s edition of the Lagos International Trade Fair (LITF). This marks the sixth consecutive year, where UBA will be the official financial partner of this all-important event. The LITF which is the 38th edition is organised annually by the Lagos Chamber of Commerce and Industry (LCCI), and is scheduled to take place at the Tafawa Balewa Square, Lagos, from November 1st to 10th, 2024. Vice President, LCCI, Akinbo Akin Olugbade, has applauded UBA for its continued support of the fair and…
Uche Cecil Izuora After years of promises from CEO Elon Musk, Tesla last Thursday showed off its progress toward building autonomous products and gave some updates on its future. Tesla stock sank more than 7 per cent Friday morning after the event failed to impress investors, with analysts largely pointing to a flood of promises from Musk and an event that was light on hard details and heavy on flashy demonstrations. The main attraction at Tesla’s event was the Cybercab, Musk’s long-awaited robotaxi that he’s been talking about for at least five or so years. The model was introduced…