Continental Reinsurance plc has said it is evolving a programme that would strengthen local capacity and foster its rapid growth and expansion plans in Africa. A statement from the firm states that the focus is to build financial and technical capacity in local markets in order to build on its pan-African commitment as it expands in Africa.
Updated 5 Years ago

Oando Energy Resources Inc. (OER), a company focused on oil and gas exploration and production in Nigeria, said production from its existing assets for the first half (H1) of the year was 821,786 barrels (an average of 4,540 barrels per day (bpd)) compared with 687,757 barrels (an average of 3,800bpd) for the comparative period. The increase in production was primarily as a result of improved well optimisation at Oil Mining Lease (OML) 125 (Abo field), the company said, in its financial and operating results for the six month period ended June 30, 2014, released last week. Production also increased at the Ebendo field (OML 56).
Updated 5 Years ago

If you ask the little kid nearby about his ambition, you’ll perhaps have an idea of what he’s about to say. He’ll likely mention to you that he wants to become a doctor before he changes his mind again and again. It’s one thing: Being a doctor has a lot of allure. The prestige it carries and of course medical profession is the only profession that nearly shares that attribute of a ‘saviour’ with the God almighty. But the appeal that medical profession has comes with its hazards. For instance, doctors often treat you with a smile, but they may have concerns about your hacking and coughing. Interestingly, the ethics of the profession says carry on with your duty.
Updated 5 Years ago

Unlike others, the Presiding Pastor of the Livingspring Chapel International, Femi Emmanuel, is not your regular priest. With a simple smile that is so infectious and keeps away his inner pains, he tells me, “I am not a conventional person. I like to do my things in an unconventional manner, if only to be different. Until you’re different, your difference would never be noticed.
Updated 5 Years ago

President Goodluck Jonathan yesterday in Abuja received the report of the National Conference and commended its delegates for setting in motion the building blocks for a new Nigeria, saying a new nation is afoot. The president also taunted critics of the conference and prophets of the disintegration of Nigeria as a sovereign nation, stating that instead of disintegrating, the country would grow from strength to strength.
Updated 5 Years ago

The ongoing delineation of federal and states constituencies by the Independent National Electoral Commission (INEC) will shave no immediate implications or distort the current senatorial, federal and states constituencies in the run-off to the 2015 general election. Also, INEC has said the process cannot be concluded and submitted to the National Assembly for its official seal until after the 2015 general election.
Updated 5 Years ago

The All Progressives Congress (APC) has appointed a former Head of State, Major-General Muhammadu Buhari (rtd), former Vice-President, Atiku Abubakar and former Lagos State Governor, Senator Bola Tinubu into its Board of Trustees (BoT). Other top party leaders who made the over 74 membership of the BoT are: former Abia State Governor, Dr. Ogbonnaya Onu, Bisi Akande, Audu Ogbeh, Chief Tom Ikimi, Alhaji Gambo Magaji, Tony Momoh, Kawo Baraje, Timipre Silva, and Aminu Bello Masari.
Updated 5 Years ago

Ahead of next year’s general election, the All Progressives Congress (APC) has set October as the timeline for the commencement of its primary elections leading to the election of its presidential candidate. The party at its National Executive Committee (NEC) meeting held yesterday in Abuja, approved the use of modified direct primaries for arriving at the choice of candidates for all subsequent elections.
Updated 5 Years ago

The Enugu State Government has described as false and misleading the claims by the embattled Deputy Governor of the state, Sunday Onyebuchi, that Governor Sullivan Chime operates a poultry and piggery at the Government House. A statement signed by the Chief Press Secretary to the governor, Chukwudi Achife, further said the deputy governor’s claims were malicious and intended to deceive the public.
Updated 5 Years ago

The Nigerian National Petroleum Corporation (NNPC) has disclosed that about 34,047 cases of pipeline vandalism were recorded in parts of the country between 1999 and 2013. Also, about 1.3 million metric tonnes of crude oil was said to have been lost to the illicit act between 2009 and 2012. The Group Managing Director (GMD) of the NNPC, Dr. Joseph Dawha, stated this yesterday at the annual NAEC conference with a theme: ‘Pipeline Vandalism and its Socio economic Impact on the Nation.’
Updated 5 Years ago