February 2025 – Page 110

DMG seeks speedy industrial revolution in West Africa

17.02.2025

A leading organiser of face-to-face events and a publisher of trade magazines, DMG Events, has emphasised the need to accelerate industrialisation in West Africa, highlighting its importance for the economic prosperity of Nigeria, Ghana, Benin, and others. The organiation in a statement noted that industrialisation was crucial, citing United Nations Industrial Development Organisation’s report, that...

Hyperinflation affecting adherence to construction standards – SON

17.02.2025

The Standard Organisation of Nigeria has noted that economic hardships and hyperinflation affect prices of construction materials, making adherence to standards a herculean challenge. This was disclosed at the recently concluded one-day national conference on the building/construction sector, organised by the Standards Organisation of Nigeria, in collaboration with the Federal Ministry of Industry, Trade, and...

Okpebholo, Obaseki Clash Over Alleged Stolen LGs’ N96b

17.02.2025

Edo State Governor Monday Okpebholo and his immediate past predecessor Godwin Obaseki are locked in a battle over the alleged theft of over N96 billion local government funds. The money was allegedly misappropriated by the Obaseki government, the suspended local government chairmen and some Peoples Democratic Party (PDP) leaders. A statement by the governor’s Chief...

Linkage Assurance unveils third-party motor insurance

17.02.2025

Linkage Assurance Plc has introduced an enhanced third-party motor insurance package, which offers additional protection beyond the traditional third-party coverage. According to a statement from the firm on Friday, the product named ‘Third Party Plus’ is designed to cater to budget-conscious vehicle owners, combined with the legally required third-party insurance with own damage protection, ensuring...

NIA, ministry advocate sustainable urban planning

17.02.2025

The Nigerian Institute of Architects and the Federal Ministry of Housing and Urban Development have reaffirmed their commitment to tackling Nigeria’s housing deficit and promoting sustainable urban development. The Permanent Secretary of the Ministry, Dr. Shuaib Belgore, underscored the importance of collaboration in achieving affordable and sustainable housing during a courtesy visit by the NIA...

SEAP adopts Oradian’s core banking platform

17.02.2025

Business-orientated, non-profit outfit Self-Reliance Economic Advancement Programme has adopted Instafin, Oradian’s core banking platform, to expand its digitalisation process and drive growth. According to a statement from Oradian on Sunday, with this move, SEAP joins a growing portfolio of Nigerian financial institutions leveraging Oradian’s out-of-the-box capabilities and highly customisable, API-first platform. Founded in 1998, SEAP...

Uwaleke to deliver NSUK’s 50th inaugural lecture

17.02.2025

Nigeria’s first Professor of Capital Market Studies, Uche Uwaleke, will deliver the 50th Inaugural Lecture of Nasarawa State University, Keffi, on February 26, 2024. In a statement issued on Sunday, it was stated that the lecture, titled “Unlocking Wealth and Leveraging Entrepreneurial Knowledge Ecosystems: Understanding Capital-Harnessing Essentials,” would focus on wealth creation, entrepreneurship, and the...

NMDPRA grants Falcon 25-year gas distribution licence

17.02.2025

The Nigerian Midstream Downstream Petroleum Regulatory Agency has granted Falcon Corporation Limited a 25-year Gas Distribution Licence. A statement by the firm’s Managing Director, Prof Joe Ezigbo, said the licence confers Falcon Corporation with the exclusivity right to gas distribution within the Ikorodu Industrial Zone. Ezigbo added that the GDL marks a significant regulatory approval...

WACT-APMT begins direct shipping from Asia to Onne Port

17.02.2025

The West Africa Container Terminal-APM Terminals Nigeria has received the Europe Afrique 4 service, providing weekly direct shipping to Onne Port in Rivers State from Asia and European markets. Announcing the development in a statement on Sunday, the terminal operator stated that the service was inaugurated at Onne Port last week with the arrival of...

NIMC gets FG’s nod for overhaul of national identity system

17.02.2025

The Nigerian government has reiterated its commitment to strengthening the national identity system, urging full support for the National Identity Management Commission to accelerate digital identity enrolment and reforms. Secretary to the Government of the Federation, Senator George Akume, said Nigerians would be required to use the National Identification Number to access social services, including...