Yemisi Izuora The National Insurance Commission (NAICOM) has proposed a broad framework that will offer greater flexibility and growth for regional insurance companies. The Commission says insurers, reinsurers, and industry leaders within the sub-region should innovate boldly, develop parametric and microinsurance products tailored to the region’s climate realities In addition they should invest in data and technology to improve climate modelling, risk assessment, and product delivery, and improve collaboration across borders, pooling risks and resources to build regional resilience. These are the areas Nigeria’s Commissioner for Insurance, Olusegun Ayo Omosehin, called stakeholders in the industry to aim at in…
Author: orientalnewsng
The Standards Organisation of Nigeria has called for collaboration with stakeholders to strengthen trade through standards. The Director General, SON, Ifeanyi Okeke at the 2025 edition of the World Standards Day themed “Shared vision for a better world, spotlight on the Sustainable Development Goal 17” celebration in Lagos,said the event is not only to commemorate the global significance of standards, but also to demonstrate collective commitment through the work of standards, a symbolic expression of unity and shared vision for national and global development. According to him, the theme is both timely and also compelling, noting that it reinforces the…
By Prof. John Egbeazien Oshodi As Chairman of the Nigeria Social Insurance Trust Fund (NSITF), she was entrusted with the nation’s workers’ welfare. The NSITF’s mandate is simple yet sacred: collect and protect funds contributed by workers and employers, and provide compensation when accidents, disabilities, or deaths occur. Chapter One – 2015: The Faith of Power Every political season in Nigeria has its apostles of certainty, and in 2015, one of the loudest was Dr. Ngozi Olejeme — Chairman of the Nigeria Social Insurance Trust Fund (NSITF) and Deputy Chairman, Finance Committee of the Goodluck Jonathan Presidential Campaign…
……. With Walk For Standards Today.11 Oct The Standards Organisation of Nigeria [SON] would join the rest of the world to celebrate the 2025 World Standards day with a focus on the Sustainable Development Goals [SDG]. Announcing SON’s participation in a statement, the organisation’s Director, Corporate Affairs –Mrs Talatu Ethan –stated that the event would be commemorated as usual with a “Walk For Standards” today Saturday, 11th October. The day is celebrated globally to commemorate the collaborative efforts of thousands of experts worldwide who developed voluntary technical agreements known as international standards. Last year’s edition was a huge success with…
Uche Cecil Izuora The Lagos State Waterways Authority (LASWA), will officially launch the Omi Eko Project on Friday, 17th October 2025, at the Five Cowries Terminal, Falomo. This landmark event highlights the state’s dedication to sustainable development and innovation in water transportation. The launch, beginning at 10:00 AM, will bring together government officials, development partners, community leaders, and the media. Lagos State Governor Babajide Sanwo-Olu will deliver keynote remarks and unveil the project, which promises to transform Lagos’s water transport system. The Omi Eko Project introduces over 78 high-capacity electric ferries, advanced digital ticketing, smart terminal infrastructure, and improved safety…
Faces At The Just Concluded 2025 Annual NAICOM Seminar for insurance journalist in Abeokuta, Ogun State. Insurance journalists at the seminar L-R: Deputy Commissioner Finance and Administration National Insurance Commission (NAICOM), Ekerete Ola Gam-Ikon; Commissioner for Insurance Olusegun Omosehin, and Deputy Commissiner Technical Dr. Usman Jankara at the 2025 Seminar for Insurance Journalists in Abeokuta, Ogun State
Uche Cecil Izuora The Nigerian Meteorological Agency (NiMet), has embarked on a new era of engagements with the launch of its Stakeholder Engagement Forum, aimed at strengthening connections with its diverse audience. This initiative reflects the Agency’s growing commitment to improving communication and service delivery across Nigeria’s weather and climate sectors. Leading this effort is Mrs. Funke Adebayo-Arowojobe, the Director Public Affairs and Consumer Protection, who was instrumental in initiating the forum and has been championing a case for NiMet’s public image and visibility locally and internationally. NiMet, is charged with collecting, analyzing, and disseminating weather and climate data.…
Chair of the Bill & Melinda Gates Foundation, Bill Gates, has called on global leaders to make bold choices that could save millions of children’s lives and consign some of the world’s deadliest diseases to history by 2045.Speaking before an audience of more than 1,000 policymakers, philanthropists, private sector leaders, and community advocates at the 2025 Goalkeepers event, Gates warned that the world was “at a crossroads” as health aid faces historic cuts.“Humanity is at a crossroads. With millions of children’s lives on the line, global leaders have a once-in-a-generation chance to do something extraordinary,” Gates said. “The choices they…
The Chairman and Group CEO of Oilserv Group, Engr. (Dr.) Emeka Okwuosa CON, have reiterated the need for cross-broader collaboration, data accuracy as tools in unlocking the Nigeria and other African countries prosperity in Natural Resources. Speaking at a Local Content Plenary Session co-hosted by the Nigerian Content Development and Monitoring Board (NCDMB) and the Ghana Petroleum Commission, themed “Cross-border Projects and Knowledge Exchange,” during the just concluded AOW Energy Week, Accra, Ghana, he opted for visa restriction relaxation for professionals. Okwuosa, who was represented by Engr. Chuka Eze, Managing Director of Frazimex Engineering Limited, stated that “First, there is…
Yemisi Izuora Two top global oil trader Vitol and North American fuel distributor Sunoco, have taken delivery of the first U.S. import of petrol from Dangote refinery. The delivery was made on Monday, according to vessel-tracking data and two sources familiar with the matter, as reported by Reuters. The delivery, on the tanker Gemini Pearl, marks a major milestone for the 650,000 barrel-per-day Dangote refinery, as energy market participants had been waiting to see when its production would start meeting strict U.S. motor fuels standards. Vitol purchased the Gemini Pearl’s cargo of around 320,000 barrels of gasoline from Geneva, Switzerland-based Mocoh…