Roland Iwuchukwu Leaders of African Countries are creating new opportunities and building networks as energy deficit challenges continent’s economy. Ministers and senior energy officials from more than 20 African countries recognizing the need to form alliance in order to close the gap recently convened for a closed-door session to address the continent’s pressing energy needs and shape a collective vision for a sustainable energy future. The high-level meeting, held as part of the African Oil Week (AOW), Investing in African Energy event, provided a confidential platform for frank discussions and strategic alignment. The AOW event, a leading platform for…
Author: Orientalnews Staff
Uche Cecil Izuora Nigeria has been identified as triggering environmental disaster with her citizens spending a staggering $10 billion (N7.6 trillion) annually on petrol and generator maintenance. In a new report by Sustainable Energy for All (SEforALL), Lagos State is leading in the act and the report says this exorbitant expenditure underscores the country’s heavy reliance on fossil fuels for energy generation, despite significant challenges and environmental concerns. According to the report in partnership with the Lagos State Government, the high cost of fuel and generator (genset) maintenance places a heavy burden on households and businesses, hindering economic growth…
From left; Director SEC Mr. Tunde Kamali; Head, Trading and Product, Nigerian Exchange Limited, NGX; Abimbola Babalola; Executive Commissioner Operations SEC, Mr. Bola Ajomale,Representative of vice -chancllor, Pan-Alantic University Rosemary Okolo; Director General Securities and Exchange Commission Dr. Emomotimi Agama during the investor outreach to Pan Atlantic University as part of activities marking the Workday Investor Week 2024, Thursday.
…Says Unhealthy Food, Soft Drinks Dangerous Yemisi Izuora A medical physiologist and public health specialist, Akin Jimoh, has stressed the important role of Nigerian journalists in communicating public health policies, with regard to the growing concern of sugar-sweetened beverages (SSBs) as they are commonly referred to. Jimoh, warned that SSB consumption has been associated with the burden of Non Communicable Diseases (NCDs), that include cardiovascular diseases, diabetes, chronic respiratory diseases, and cancer-a leading cause of death worldwide. This is so because NCDs have caused 74 per cent of all deaths globally, which is an alarming number. Jimoh, who is…
Roland Iwuchukwu CitiHoms Finance, is providing businesses with opportunities to expand their investment opportunities through asset financing. The firm offers tailored asset financing solutions designed to meet specific needs from small business looking to expand or an established company aiming to upgrade. The company said it has flexible financing plans that can help businesses get the equipment they need to stay competitive. In today’s fast-paced business world, staying ahead of the competition often means having access to the right tools, equipment, or vehicles. Yet, acquiring these assets can strain even the healthiest of budgets, forcing companies to either cut…
Joseph Bakare The Nigeria Customs Service (NCS) Lilypond Export Command (LEXC) has announced impressive gains in export activities for the third quarter of 2024, following the consolidation of all export seats at customs commands around Lagos ports into the LEXC. The Customs Area Controller (CAC) Comptroller Odusanya, disclosed that the Command facilitated agricultural and manufactured goods worth $937,357,129.90, representing a 407.05 per cent when compared to the $184,880,029.35 recorded in Q2 2024. Comptroller Odusanya attributed the achievement to the enhanced efficiency following the consolidation of export seats at the LEXC. He said, “The value of shipments in the third…
Tunde Bakare The Ondo/Ekiti Customs Area Command of the Nigeria Customs Service, under the leadership of Comptroller Morenikeji Oluyemi Bewaji, has provided free medical checkups for residents of Akure and environs on Monday, 7 October 2024. The exercise was part of the Commands Corporate Social Responsibility (CSR). The initiative according to the statement signed by the Command’s Public Relations Officer, Herbert Dzungwenen on 9 October, 2024 on behalf of the Customs Area Controller (CAC) Comptroller Morenikeji Bewaji is in partnership with Victri Foundation, focused on improving eye health through a campaign tagged the “Better Vision” Campaign. The CAC stated…
Joseph Bakare The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede, has called on youths across the country to shun the allure of internet crimes and resist the get-rich-quick syndrome associated with it to safeguard their future and wellbeing. He made the call recently in Abuja at an event organized by the “Child Protection Initiative against Cybercrime”. The EFCC boss who was represented by Assistant Superintendent of the EFCC ASE1 Ogunjobi Olalekan emphasized that there is honour in hard work and uprightness rather than in earning money through fraud and at the risk of going…
Moses Ofodeme Osun State Governor, Ademola Adeleke, has opened on its far reaching, ongoing agenda to introduce and implement multi sectoral green economy and climate initiatives as tolls of state development. The State’s consultant on climate change and renewable energy, Prof Chinwe Obuaku who represented Governor Ademola Adeleke made the disclosure at a twin events in Lagos namely the 11th German-Nigerian Business Forum and the West African Clean Energy & Environment Trade Fair and Conference (WACEE) under the theme “Sustainability Showcase: Stimulating Green Economy Investments.” Advancing Osun as a prime destination for green economy investments, the Governor’s representative presented…
Yemisi Izuora The public have been warned about the dangers related to consumption of soft drinks which could lead to serious health consequences and death. The Executive Director of Corporate Accountability and Public Participation Africa (CAPPA), Akinbode Oluwafemi, in his remarks at the opening of Journalism training on Sugar Sweetened Beverages (SSB) and Industry Monitoring in Lagos, on Thursday warned that the habitual consumption of SSBs, is one that does not only affect us as individuals and our communities but also the health and well-being of our nation as a whole. Providing data, Oluwafemi, said that in Nigeria, studies have…