By Oluwole Asalu Across the globe, technology is shaping economies, societies, and nations. For Africa, this digital revolution is more than just a growth path; it is essential for survival. While many developed countries face shrinking populations, ageing workforces, and saturated markets, Africa benefits from its youth, creativity, and untapped potential. Nearly seventy percent of its population is under thirty, and Nigeria has an average age of just 16.9 years, making it one of the youngest countries on earth. The projected digital economy could reach seven hundred and twelve billion dollars by 2050, with artificial intelligence expected to contribute…
Author: orientalnewsng
The Pentecostal Fellowship of Nigeria (PFN), Lagos State Chapter, has marked one year of exemplary leadership by intensifying its commitment to promoting personal transformation aimed at fostering national development and spiritual growth among its members and the wider community. The milestone was celebrated with a series of events launched on Tuesday in Lagos, including a leadership conference to reflect on the achievements of the executive committee over the past year and to chart a strategic path for future projects. The festivities will conclude with a special thanksgiving service scheduled for Sunday at the Global Impact Church, Lagos. As the umbrella…
As the insurance sector witnesses a new dawn with the enactment of the Nigerian Insurance Industry Reform Act (NIIRA) 2025, Inspenonline has unveiled a Think-tank platform to help harness the knowledge required to maximize opportunities provided in the Act. The Publisher/Editor of Inspenonline, Chuks Udo Okonta, said the research-based initiative tagged: Insurance Industry’s Think-tank on NIIRA and Recapitalisation would help provide robust data required to accelerate the growth of the industry, adding that the data would be obtained from Chief Executive Officers of insurance companies, shareholders and policyholders. He noted that the contributions from these stakeholders would be publish on…
… Bolsters Commitment to Local Manufacturing, Health Security Emzor Pharmaceutical Industries Ltd (Emzor), a leading light in the Nigerian pharmaceutical sector, is pleased to announce the successful repayment of its inaugural Series 1 Commercial Paper. Originally issued in November 2024, under its ₦10 billion Commercial Paper Issuance Programme, the ₦5.13 billion note matured on August 18, 2025, marking a significant milestone in the company’s capital markets journey. This fulfilment and the continued retention of its investment grade credit rating of A- with a stable outlook (GCR), further reinforces Emzor’s credibility and financial discipline in Nigeria’s investment landscape. Beyond this financial triumph, Emzor…
Yemisi Izuora The National Insurance Commission (NAICOM) has expressed confidence that the sector’s recapitalization would lead to significant growth and achieve the desired transformation. The Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, stated this when he paid a courtesy visit to the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, in Abuja on Tuesday, August 19, 2025. Omosehin, expressed appreciated the warm reception accorded him and his team and described the visit as an important step towards strengthening collaboration between both Agencies. He emphasized that the ongoing recapitalization of the insurance industry was aimed at transforming the…
The Vice President of the Federal Republic of Nigeria, His Excellency Alh. Kashim Shettima led a high-powered delegation to Kogi State to condole with Governor Ahmed Usman Ododo over the passing of his father, Alhaji Ahmed Momoh Sani Ododo. Upon arrival, The Vice President was warmly received by the Deputy Governor of Kogi State, Comrade Joel Salifu, and several high-ranking officials at the Obajana Airstrip. While speaking with Newsmen, the Vice President Shettima described the late Alhaji Ahmed Momoh Sani as “a man of deep faith and remarkable humility whose life of service to God and humanity continues to reflect…
Posture Cyber Security Technologies, a leading Nigerian firm specializing in cybersecurity solutions, has reiterated its commitment to strengthening national and organizational resilience against growing cyber threats. The company, led by its founder and Chief Security Officer, Emmanuel Enamejewa, operates from Ikota, Lekki, Lagos, and provides a wide range of modern technological services designed to protect critical infrastructure and digital assets. According to the firm, its operations cover threat prevention, detection, application security, consultatancy, digital forensic and investigation, with services tailored to support both corporate bodies and government institutions in securing their systems against cyberattacks. Speaking on the importance of skilled…
Uchenna Cecil Izuora The Kebbi Area Command of the Nigeria Customs Service marked a groundbreaking milestone with the successful processing of its first declaration through B’ODOGWU—an innovative indigenous platform developed by the Officers and Men of the Customs, supported by concessionaires under the Trade Modernisation Project. The historic event unfolded during an insightful sensitization exercise led by ICT Modernisation Officers, aimed at equipping both Officers and key Stakeholders with essential knowledge on the new platform. Comptroller CC Nwokorie, the Customs Area Controller, expressed deep gratitude to Comptroller-General Bashir Adewale Adeniyi, MFR, for entrusting him with the command and pioneering this…
Moses Ofodeme Lagos businessman and philanthropist, Mr. Samuel Mawuyon Ajose has donated logistics materials to support ongoing Continuous Voters Registration (CVR) exercise by the Independent National Electoral Commission, INEC. The donation was deployed through the 57 LGA chairmen of the All Progressive Congress (APC) in Lagos State to ease the exercise that started yesterday. The well attended and colourful presentation was made yesterday shortly after a brief meeting with the 57 LGA chairmen at the prestigious Cathedral Church Primary School on Broad Street, Lagos Island. Items presented to the chairmen included 57 HP desktop printers, 57 Lenovo Laptops, 57 Generators,…
Tunde Bakare The Nigerian Independent System Operator (NISO) has commended Kano Electricity Distribution Plc. (KEDCO) for its recent market performance. The DisCo recorded a market remittance of 100 per cent, strengthening the company’s position as the best-performing DisCo in Northern Nigeria. According to a statement by Sani Bala Sani, Head, Corporate Communications of the DisCo, the team, led by the MD/CEO, Engr. Abdu Mohammed Bello,who were in KEDCO headquarters on a courtesy visit, applauded the company’s swift operational and financial transformation under its current investor and management. Engr. Abdu, however, noted that the achievements are not merely coincidental, but deliberate…