24.18Lagos

Saturday, 27 July 2024

Bello, Onyema, Maida, Yusuf, Sheidu-Shabi For City Business News Summit

All is now set for the City Business News Summit scheduled to hold November 8, 2023 at Oriental Hotels, Lagos State.Expected at the Business Summit titled: “Repositioning Nigerian Economy: 2023 And Beyond” are financial experts, regulators,  Industrialists, among others.A statment issued…

Shortage Of Midwives May Increase To One Million By 2030, Says WHO

The World Health Organisation (WHO) says that shortage of midwives will trigger an increase of one million by 2030 with serious implications for the attainment of Sustainable Development Goals.   Dr Matshidiso Moeti, World Health Organsation (WHO) Regional Director for…

OPEC Raises Nigeria’s Production Quota To 1.772mbpd For June

The Organisation of the Petroleum Exporting Countries (OPEC) has raised Nigeria’s oil production quota from the 1.735 million barrels per day (mbpd) target approved in May 2022 to a new target of 1.772mbpd for June 2022.   A statement issued…

Discovery Celebrates 35th Anniversary With Powerful New Engine

This year, Discovery celebrates 35 years of ingenious versatility with a new special edition version of its luxurious full-size seven-seat Sports Utility Vehicle (SUV).Discovery remains an exceptional family SUV that’s been setting the standard for versatility and all-round breadth of…

Luxury Bus Owners Dissociate From Nationwide Protests

Long-distance road transport owners and operators whose buses ply various routes across Nigeria have dissociated themselves from the ‘Days of Rage’ nationwide protests planned to commence on Thursday, August 1, 2024. At a press conference in the Utako area of…

Firm Welcomes New LNG-Powered Carrier

German shipping group, Hartmann has taken delivery of a new Liquid Ethylene Gas (LEG) carrier powered by Liquefied Natural Gas (LNG) from Chinese shipbuilding company Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE). The ship is scheduled to use a…

Photo News

L-R Dr. Muda Yusuf, CEO, CPPE, Dr. Emomotimi Agama, DG SEC and Mrs Yemisi lzuora, Publisher, Oriental News Nigeria Online at the 2024 Oriental News Summit held on Thursday in Lagos.

NADDC, NOA To Synergize On Public Enlightenment Campaign

To create more awareness of the developments in the Nigeria automotive industry, the National Automotive Design and Development Council(NADDC) and the National Orientation Agency(NOA) are set for collaborative engagements.This was disclosed on Wednesday by the Director General, NADDC, Mr. Oluwemimo…

Lagos To Deploy 2,000 CNG Buses, 5,000 Cars

Lagos State Governor, Babajide Sanwo-Olu has disclosed plans to deploy 2,000 high-capacity buses through the Public Private Partnership (PPP) model for mass public transportation next year (2025). Governor Sanwo-Olu made the revelation at the Lagos Investment Roundtable organised by the State…

ITU Ranks Nigeria High In Digital Transformation Readiness

A new report of the International Telecommunications Union (ITU) has ranked Nigeria very high at 71 per cent, in comparative legal, policy and governance frameworks towards G5 – advanced state of readiness for digital transformation known as G5 with Germany,…

Again, CBN Raises Interest Rate

The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate (MPR), which measures interest rates by 50 basis points, from 26.25% to 26.75%. CBN Governor, Olayemi Cardoso, announced this after the apex bank’s 296th Monetary Policy Committee…

SIFAX Group Appoints Eniola-Jegede Group Coordinating Director

The Board of Directors of SIFAX Group has approved the appointment of Mrs. Wunmi Eniola-Jegede as the Group Coordinating Director. Until this appointment, Eniola-Jegede was the Executive Director, Human Resources, Business Development, and Strategic Planning. In her new role, she…

Gabon Invites Dangote To Invest In Cement, Fertilizer Production

President Brice Oligui Nguema of Gabon has invited the President and Chief Executive Officer of Dangote Industries Limited (DIL), Aliko Dangote to invest in Cement and Fertiliser production in Gabon. The President urged Dangote to explore potential investment opportunities in…

Dantsoho Visits Tin-Can Ports, Harps On Development Of Infrastructure

The Managing Director, Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho, has identified the speedy rehabilitation of dilapidated port infrastructure across the nation as his topmost priority. Dantsoho, who was speaking on Tuesday during an unscheduled visit to Tin Can Island…