Cross Section of Inductees taking oath of allegiance at the Year 2024 CIIN Induction Ceremony CIIN President/Chairman of Council, Mrs. Yetunde Ilori, FIIN, delivering her welcome address at the Year 2024 CIIN Induction Ceremony at the College of Insurance and Financial Management, Aseese, Ogun State. Cross Section of Insurance Dignitaries At The Induction Today CIIN President/Chairman of Council, Mrs. Yetunde Ilori, FIIN, delivering her welcome address at the Year 2024 CIIN Induction Ceremony at the College of Insurance and Financial Management, Aseese, Ogun State. L-R: Mr. Modupe Bammeke, FIIN, Past President Sir. Ogala Osoka, FIIN, MFR, CIIN President/Chairman of…
Author: orientalnewsng
Salamah Akindeko If we agree with the utilitarians view that one thing a leader must do is consider making choices that produce the greatest good for the greatest number of people, then Nigerians should commend President Bola Tinubu for choosing to break away from the past by elevating common national interest to a new level. And this did not start when he became president as this leadership trait had been demonstrated in various spheres he had held sway. His antecedents speak for him. In May last year, President Bola Tinubu reinforced this view that he is for all. He pledged…
Yemisi Izuora The National Insurance Commission (NAICOM) and the Infrastructure Concession Regulatory Commission (ICRC) have agreed to partner to implement insurance provisions for assets under public-private partnership arrangements, as outlined in the law. This was discussed during a courtesy visit of the Commissioner for Insurance Mr. Olusegun Ayo Omosehin to the Office of the Director General of the ICRC Dr Jobson Oseodion Ewalefoh at his office on Monday December 02, 2024. According to the parties, this partnership marks a significant milestone in Nigeria’s infrastructure development. By ensuring that infrastructure projects are properly insured, in order to mitigate potential risks, protect…
Yemisi Izuora The Interim Management and Board (IMB) of African Alliance has commenced the payment of all genuine claims and annuities with a N780 million. The exercise aims at restoring public confidence and repositioning the company for sustained growth and underscores the company’s renewed commitment to upholding core values of integrity, transparency, and customer-centricity. The payment is for a start and has come barely 30 days of the inauguration of the IMB by the Commissioner for Insurance. The new leadership further reiterates its resolve to address all outstanding claims swiftly, ensuring that policyholders and beneficiaries experience the reliability and trust…
The National Insurance Commission (NAICOM) today, November 29, 2024, presented an operational license to NPF Insurance Co. Ltd in a brief ceremony held in Abuja. This development enables NPF Insurance to commence general insurance operations in Nigeria, having successfully fulfilled all registration requirements. Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, formally handed over the license to NPF Insurance Co. Ltd.
L-R • Dr Olugbemiga Aina, Permanent Secretary, representing Honorable Commissioner, Ministry of Commerce, Co-Operatives, Trade & Investment, LASG • Aimeya Okphebholo, Project Manager, Presidential Enabling Business Environment Council (PEBEC) • Amb Nura Abba Rimi, Permanent Secretary, Federal Ministry Industry, Trade & Investment • Dr Jumoke Oduwole MFR, Honorable Minister, Trade & Investment, Federal Ministry Industry, Trade & Investment • Alhaji Bashir Adewale Adeniyi MFR Comptroller General, Nigeria Customs Service • Mrs Nonye Ayeni Executive Director/CEO, Nigerian Export Promotion Council (NEPC) • Mr Abba Bello Managing Director/CEO, Nigerian Export Import Bank (NEXIM)
FMITI Photo News: During The Ministerial Export Consultation On Tuesday. L-R • Dr Olugbemiga Aina, Permanent Secretary, representing Honorable Commissioner, Ministry of Commerce, Co-Operatives, Trade & Investment, LASG • Aimeya Okphebholo, Project Manager, Presidential Enabling Business Environment Council (PEBEC) • Amb Nura Abba Rimi, Permanent Secretary, Federal Ministry Industry, Trade & Investment • Dr Jumoke Oduwole MFR, Honorable Minister, Trade & Investment, Federal Ministry Industry, Trade & Investment • Alhaji Bashir Adewale Adeniyi MFR Comptroller General, Nigeria Customs Service • Mrs Nonye Ayeni Executive Director/CEO, Nigerian Export Promotion Council (NEPC) • Mr Abba Bello Managing Director/CEO, Nigerian Export Import…
Yemisi Izuora The Nigerian National Petroleum Company (NNPC) Ltd. has fulfilled its pledge of re-streaming the Port Harcourt Refining Company (PHRC). The re-streaming signals the commencement of crude oil processing from the plant and delivery of petroleum products into the market. On Tuesday, trucks began loading petroleum products which include Premium Motor Spirit (PMS) or petrol, Automotive Gas Oil (AGO) or diesel and Household Kerosene (HHK) or Kerosene, while other product slates will be dispatched as well. Speaking during a brief ceremony to mark the commencement of products loading at the Refinery on Tuesday in Port Harcourt, the Group CEO,…
Joyce Onwuka The Tincan Island Container Terminal, Apapa, has completed a significant infrastructure upgrade at Randle Secondary School in Apapa, Lagos. The exercise is in fulfillment of its commitment to solidarity and boosting educational standards in Nigeria which also aims to create a more engaging and impactful learning environment for students and staff of the school. Under the project, the TICT, renovated of 14 washrooms for staff and students, as well as the modernization of the information and communication technology (ICT) room with the addition of 10 high-tech computers, 2 UPSs, 1 printer, and other essential equipment. These improvements will…
…OML 13 Asset Eyes 80,000 bpd By End Of 2025 The Nigerian National Petroleum Company Limited (NNPCL), has officially unveiled its latest crude oil grade, the Utapate crude oil blend, before the international crude oil market. This is expected to boost Nigeria’s crude oil production, revenue generation and economic growth. It would be recalled that in July, 2024, NNPC Ltd and its partner, the Sterling Oil Exploration & Energy Production Company (SEEPCO) Ltd introduced the Utapate crude oil blend, following the lifting of first cargo of 950,000 barrels which headed for Spain. During a ceremony held at the Argus European…