Yemisi Izuora A state-of-the-art Clinical Skills and Simulation Laboratory, fully equipped by the Nigerian Content Development and Monitoring Board (NCDMB), has been commissioned at the Bayelsa Medical University (BMU), Yenagoa. The commissioning aims at positioning the institution to align with global best practices in medical education, and “strengthening local capacity in Bayelsa State and Nigeria at large.” Equipment provided include high-fidelity adult and pediatric patient simulators, laparoscopic training systems, obstetric trainers, advanced life support mannequins, consultation cubicles, and audio-visual learning systems, all of which the university authorities claimed would enable students to “learn, make mistakes, and perfect their life-saving skills…
Author: orientalnewsng
The National Insurance Commission (NAICOM) received a delegation from the Presidential Enabling Business Environment Council (PEBEC) Secretariat, led by Mrs. Aimeya Okpebholo, to discuss ongoing collaboration under the Business Environment Enhancement Program Accelerator (BEEPA), a focused 90 day initiative running from January 26 to April 26. During the visit, Mrs. Okpebholo reaffirmed PEBEC’s steadfast commitment to transforming Nigeria’s business climate by strengthening regulatory efficiency across Ministries, Departments, and Agencies (MDAs). She highlighted that BEEPA brings together selected MDAs in functional clusters to deliver measurable, client focused improvements in service delivery. According to her, BEEPA is specifically designed to ensure that…
Uche Cecil Izuora The Nigerian National Petroleum Company Limited (NNPC) has concluded plan to start exporting a new light, sweet crude grade called Cawthorne from March adding to a recent recovery in output from the country. The launch is part of Nigeria’s broader push to lift production, long constrained by unrest and crude theft, and follows the introduction of two other new grades since 2024. Nigeria, already pumping close to its OPEC quota, is among the countries seeking a higher target within the producer group. Cawthorne crude, which is due to be exported in the third week of March according to…
MONETARY POLICY RATE LOWERED BY 50 BASIS POINTS The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (C The Committee decided as follows: 1. Reduce the Monetary Policy Rate by 50 basis points to 26.5 per cent. 2. Retain the Standing Facilities Corridor around the MPR at +50/-450 basis points. 3. Retain the Cash Reserve Requirement (CRR) for Deposit Money Banks at 45.00 percent, Merchant Banks at 16.00 per cent, and 75.00 per cent for non-TSA public sector deposits. The Committee’s decision was premised on a balanced evaluation of risks to the outlook,which suggests that the ongoing disinflation…
Yemisi Izuora Joyce Ojemudia Foundation,(JOF),is set for official launch on Tuesday, March 10, 2026, at the Ballroom of Oriental Hotel, Victoria Island, Lagos. With the theme “Restoring Hope, Saving Lives,” the event will unveil the Foundation’s expanded vision to tackle neonatal mortality and infertility challenges across Nigeria. The launch will be chaired by Peter Atuma, a Financial Technology Enterprise Leader with over 30 years of experience spanning finance and information technology. Atuma currently serves as Chairman of Princeps Credit Systems Limited, Source Microfinance Bank Limited, and Tango Brooks Technologies Limited,among other organisations. His career includes senior roles in Nigeria…
Uche Cecil Izuora The Kano Electricity Distribution Plc. (KEDCO) is investing ₦500 million to revive the IBB Way Injection Substation and other critical power infrastructure in Katsina, in a strategic move aimed at boosting supply capacity, improving network stability, and delivering more reliable power to our customers in the Katsina city metropolis. Since the acquisition of KEDCO by Future Energies Africa (FEA) in 2024, the company has consistently implemented a special annual Ramadan intervention. This initiative includes redirecting and boosting electricity supply to residential areas by up to 20 percent throughout the holy month, with further improvements typically recorded…
Uche Cecil Izuora The Association of Power Generation Companies (APGC) has raised questions about the recent statements atrributed to the President of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero, concerning the state of the nation’s power sector. Joy Ogaji Chief Executive Officer (CEO) of the Association, in a statement obtained by Oriental News Nigeria said, “We view these allegations, which include claims of “institutionalised extortion” and a phantom subsidy, as a misrepresentation of the facts and a disservice to the ongoing efforts to stabilise Nigeria’s electricity supply industry. “While we acknowledge the frustrations of Nigerians regarding the unstable power…
Operators in the petroleum sector, have called for more regional collaboration across Africa, right policies and implementation, in a bid to strengthen the energy sector. Speaking at the on-going 10th Anniversary edition of the Sub-Saharan African International Petroleum Exhibition and Conference (SAIPEC 2026), in Lagos, theme, “Africa’s Local Content Collaboration Strategy.” Speaking in a panel session, Chairman, Oilserv Group, Engr. Emeka Okwuosa, said, “On the government side, to talk about regional collaboration, we need free movement. I understand that the Chairman will be visiting the AU meeting. I think one of the points that should be raised with the leaders…
Yemisi Izuora Universal Insurance Plc, one of Nigeria’s leading insurance companies, has earned a rare recognition for excellent youth support initiative. The insurance firm distinguished itself in Corporate Social Responsibility (CSR) efforts to emerge as the Best Insurance Company in Support of Drug and Substance Abuse Prevention Programmes in Nigeria. In line with its vision of remaining a world-class safety net provider for Nigerian citizens, Universal Insurance Plc has consistently embraced initiatives that promote crime prevention and youth development. The Company has championed nationwide awareness campaigns against drug and substance abuse among youths, recognising the critical link between substance abuse,…
Yemisi Izuora Civil society groups on Monday converged in Lagos to press on the harmonization committee to adopt the House of Reps position on mandatory electronic transmission of results, downloadable voter card and retention of electoral timelines The meeting called at the instance of the Centre for Media and Society (CEMESO), the Nigerian Women Trust Fund, TAF Africa Yiaga Africa, and the International Press Centre (IPC) also urged the Independent National Electoral Commission, (INEC) to issue the notice of elections in line with Electoral Act 2022. The conveners of the meeting, said the current push is in furtherance of their…