For centuries, the Atlantic Ocean symbolised separation for Africans and people of African descent in the Caribbean. It carried millions into slavery, disconnected families and cultures, and created economic systems that enriched others while leaving Africa and the Caribbean struggling with underdevelopment, dependency and fractured identities. Leaders on both sides of the Atlantic are attempting to redefine that history. Increasingly, the conversation is no longer only about culture, ancestry and historical justice. It is also about economics — trade, investment, tourism, education, innovation and market access. That vision came into sharp focus during the African Liberation Day celebration in Grenada,…
Author: orientalnewsng
Yemisi Izuora The 2026 annual Almond Insurance Industry Awards has kicked off with the Chairman of the programme Sir Ogala Osoka, noting that the 2026 edition #TheReemergence will hold on Friday November 6th at The Stable Event Place, 45 Bode Thomas Street Surulere, Lagos. Starting at 4pm (Red carpet). As always, the event will bring together Policymakers, Insurance Professionals, entertainers and the Insuring Public (Corporate & Individuals to celebrate the innovators and change makers in the industry, Osoka said. He explained during a press conference in Lagos heralding the commencement of the programme, that the purpose of the Awards remains…
L-R: Mr Suleiman Olalekan Ajani (MD/CEO) CBI Insurtech and Mr Ekerete Ola Gam-Ikon (Deputy Commissioner Finance and Administration National Insurance Commission) Yemisi Izuora Nigeria’s Insurance Industry is aligning with global best practices as the National Insurance Commission (NAICOM), sustains it’s transformation policy. The Commission this time took a bold step by granting an operational licence to CBI Partnering Insurtech Ltd, marking a significant milestone as the first fully licensed Partnering Insurtech company in Nigeria. This development reinforces NAICOM’s regulatory leadership in fostering innovation within a structured and consumer-focused insurance ecosystem. The licence was presented during a formal handover ceremony,…
L-R: Pere of Gbaramatu Kingdom, HRM King Williams Ogoba, Oboro Gbaraun II; Prime Minister of Grenada, Hon. Dickon Mitchell; Founder Esther Matthew Tonlagha Foundation, Dcns. Dr. Esther Tonlagha and Nigerian Ambassador to Trinidad and Tobago, Amb Jerryman Samuel Manwe during the African Liberation Day with the theme: African rooted, diaspora rising, identity reclaiming held in Grenada Prime Minister of Greneda, Dickon Mitchell has called for stronger ties between Africa and the Caribbean, while celebrating the contributions of Nigerians living in Grenada and describing them as an important part of the country’s national life. Mitchell made the remarks during the African…
Uchenna Cecil Izuora The Nigeria Customs Service, Seme Area Command, has recorded a surge in revenue generation and a major crackdown on smuggling within three months of operations under its new Customs Area Controller, Comptroller Abdullahi Kaila. In a media briefing at the Command’s headquarters in Lagos on Monday, 25 May 2026, Kaila revealed that the formation generated 9 billion, 798 million, 938 thousand, 969 naira in customs revenue from March 2026 to date, representing a 448 percent increase over the same period in 2025. The Command’s revenue jump from 2 billion, 188 million, 405 thousand, 749 naira in the…
Yemisi Izuora President/Chief Executive of Dangote Industries Limited, Aliko Dangote, has disclosed that investor appetite for the planned listing of Dangote Petroleum Refinery & Petrochemicals on the Nigerian Exchange remains exceptionally strong, with indications of interest for private placement already exceeding $2 billion. Dangote spoke during a visit by the leadership of FirstHoldCo to the 650,000 barrels per day refinery and Dangote Fertiliser Limited in Ibeju Lekki, Lagos, where he reiterated the Group’s commitment to broadening ownership of Africa’s largest refinery through retail investor participation across Nigeria and the continent. According to him, the planned Initial Public Offering is designed…
CIIN Ably Led By Dr. Yeside Oyetayo, To Moyosore Market in Oshodi Lagos State
All Progressives Congress (APC) aspirant for the primary elections for Federal House of Representatives, Epe, Lagos State Dr. Bakare Isiaka Adeyinka has written a petition and faulted the process of the election, which he described as fraudulent. Adeyinka in the petition written by his counsel Yemi Omodele was submitted to the Chairman, All Progressives Congress (APC) primary election appeal committee arguing that there were irregularities and manipulation of results. The lawyer in the petition dated May 18, 2026, titled, ‘A Letter of Protest and Request for Justice’, emphasized that his client was thrown into dark about the election and…
Ummie Kabir As we bask in the euphoria of successful banking sector recapitalisation exercise, it has become more pertinent to re-evaluate the primary roles of banks vis-a-vis what they have been able to deliver to the Nigerian economy over the years. Primarily, banks act as financial intermediaries that mobilise savings, allocate capital to productive sectors and foster entrepreneurship through credit creation and trade promotion. By managing risks and providing liquidity, they drive economic growth and stablise financial system. How far has the banks been able to deliver or discharge the above responsibilities leaves much to be desired. Notwithstanding the evolution…
Minister of Marine and Blue Economy Gboyega Oyetola is set to declare open the Port Management Association of West and Central Africa (PMAWCA) Board of Directors meeting in Lagos. The three‑day summit, scheduled for 18–20 May 2026 under the host of the Nigerian Ports Authority, will gather senior port managers and maritime leaders from across West and Central Africa to discuss the evolution of ports and regional maritime growth. Held under the theme “Ports of the Future: Combining Logistical Resilience with Inclusive Community Development,” the discussions will centre on upgrading port infrastructure, improving supply‑chain resilience, strengthening regional cooperation, and ensuring…