Author: Newsjaunts
In a significant boost to Nigeria’s crude oil production and export capabilities, leading financial institution Fidelity Bank Plc has facilitated the construction of the country’s first privately built and operated onshore crude export terminal in over 50 years. The terminal, located at the Otakikpo Marginal Field in Rivers State and operated by Green Energy International Limited (GEIL), successfully exported its first crude oil cargo at 2pm on Sunday, June 8, 2025, when a Shell-chartered vessel lifted the maiden shipment — marking a key milestone in the nation’s oil and gas industry. Commenting on Fidelity Bank’s role in making the project…
Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has directed the extension of tax office operations to weekends for the month of June. The directive, according to a statement by Dare Adekanmbi, Special Adviser on Media to the FIRS chairman, is part of Adedeji’s commitment to matching the agency’s customer-centric policy with tangible action. With the directive, tax offices are expected to open for business from 10:00 a.m. to 4:00 p.m. on Saturday and 12:00 p.m. to 4:00 p.m. on Sunday throughout the month of June. The statement said the weekend service, which started on June 14, will…
Accra, Ghana, June 16, 2025: Samer Chedid, CEO of Nestlé Indonesia has been appointed CEO of Nestlé Central and West Africa (CWAR) replacing Mauricio Alarcón who has taken on a new role within the Nestlé group. A business leader with diverse experiences across Nestlé including Middle East, Asia, and Africa, Mr. Chedid is no stranger to CWAR as he previously served as Country Manager for Nestlé Ghana. In his new role, he will steer affairs of the business across 25 countries in CWAR. “I am delighted to return to a region that has been a part of my career within the Nestlé group. Together with our resilient team of over 5,000 employees, I will continue to advance our purposethrough innovation, high-quality product offerings, and…
The Ogun State Governor, Prince Dapo Abiodun and other eminent personalities in Ogun have bid farewell to a foremost industrialist Egba man, Chief Olatunde Abudu who died at 96 years old. Chief Abudu who in his life contributed the growth and development of Egbaland amd Ogun State, especially in nurturing a private sector to a limelight, died on 9th of June and was berried. Giving his remark at the 8days Fidau prayer of Chief Abudu which was held on Monday in Abeokuta the state capital, Gov. Abiodun described him as man of many impact, who contributed immensely to transformative initiative…
The Nigerian Association of Social and Resourceful Editors (NASRE) regrets to announce that its Director of Investment and Group Business Editor of the Daily Times Newspaper, Mr. Motolani Oseni, was involved in a serious motor accident in the early hours of Sunday, June 15, 2025. The unfortunate incident occurred while Mr. Oseni was en route to Iyana Ipaja, Lagos. According to a statement by NASRE’s Public Relations Officer, Mr. Adeyemi Obadimu, the accident took place around dawn and left Mr. Oseni with multiple injuries, the most severe being on his left leg, which is suspected to be fractured. “He is…
On Nigeria’s Democracy Day, Anambra State Governor, Prof. Chukwuma Charles Soludo, who delivered a thought-provoking speech titled “Rebuilding Our Nation,” acknowledged the complexities of the country’s history and current challenges, and offered a vision for a sustainable and united nation. This was at the Platform in Lagos, on 12th June 2025, where the former Mauritius President, Ameenah Gurib-Fakim, spoke on the vitality of education in national transformation; former INEC Chairman, Prof. Attahiru Jega, who discussed the need for electoral reforms and strengthening of democratic institutions; and former Lagos State Governor, Babatunde Raji Fashola, who addressed issues on the rule of…
Kevin Ugwuoke, Executive Director and Chief Risk Officer of Fidelity Bank Plc, has formally assumed office as President of the Chartered Risk Management Institute of Nigeria (CRMI). His leadership promises a reform-focused era anchored on policy advocacy, ethical standards, and digital innovation to deepen risk governance across sectors in the country.Speaking during the presidential handover ceremony in Lagos over the weekend, Ugwuoke — who also doubles as acting President of the Federation of African Risk Management Associations (FARMA) — described his election as “a call to action.” He pledged to reposition CRMI as a thought leader and institutional partner in…
This Father’s Day, Jamara Home, Nigeria’s go-to destination for premium home appliances and electronics is making it easier for families to say a heartfelt “thank you” to the fathers and father figures who anchor their lives with strength, wisdom, and love. According to Rabi Jammal, Managing Director of Jamara, “Fathers help shape who we become, they are the quiet supporters, the everyday heroes, and they deserve to be celebrated not just with words, but with thoughtful gestures. That’s why we’ve made it easy and convenient for our customers to explore a wide range of gifts that speak from the heart and meet real…
The Ibukun Awosika Leadership Academy (IALA) is proud to announce the debut edition of African Marketplace Dubai 2025, a platform that aggregates the finest export-ready SMEs, brands, and products from Africa and the Caribbean, spanning fashion, agribusiness, tech, textiles, creative arts, and across multiple sectors — and connects them to the world. Scheduled to hold from November 12–15, 2025, at the Grand Hyatt Hotel, Dubai, this four-day exhibition is more than just a marketplace; it’s a global stage designed to unlock opportunity, deepen intra-Africa and diaspora trade, and build a long-term pipeline for economic and cultural exchange. African Marketplace Dubai is positioned as a…
Lagos, Nigeria – June 16, 2025 – Interswitch, one of Africa’s leading technology companies focused on creating solutions that enable individuals, businesses and communities prosper, has officially launched Interswitch PensionRemit, a fully automated platform designed to help employers comply with the recently introduced Pension Contribution Remittance System (PCRS). The new system, mandated by the National Pension Commission (PenCom) and the Pension Fund Operators Association of Nigeria (PenOp), took effect on June 1, 2025. Fully compliant with the PCRS framework, Interswitch PensionRemit is an approved Payment Solution Service Provider (PSSP) authorized to operate under the new system. Designed for ease and efficiency, the platform…