Wednesday, September 30, 2020

Data emerges crucial component of Post-COVID-19 oil industry recovery - ITREALMS

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The ‘Leveraging the Power of Technology for Oilfield Optimization’ webinar was organized by Microsoft in partnership with Africa Oil & Power and the African Energy Chamber, reports ITREALMS.
Participants also foresee lower production costs are paramount to a revamped global oil sector with technology to spearhead cost reductions. 

Just as the COVID-19 pandemic has accelerated technology adoption as an integral component of oil and gas projects.

During a webinar organized by Microsoft and Africa Oil & Power under the theme ‘Leveraging the Power of Technology for Oilfield Optimization’ on Tuesday, panelists examined how digital applications are capable of uniting real-time data with advanced analytics to improve decision-making and boost efficiency and sustainability. As oil and gas companies continue to face threats to efficiency, sustainability and profitability, digitalization and optimization of oilfield assets have emerged as principal cost-cutting mechanisms in the wake of the COVID-19 era.

According to Vaseem Khan, Global VP Digital, Analytics and Innovation and Chief Innovation Officer, McDermott, Africa has the opportunity to leapfrog traditional oil and gas operations thanks to technology.

“Technology is an enabler for sub-Saharan Africa to become more competitive and become one of the most prominent producing area globally,” he said.

Multi Cloud Specialist at Microsoft, Dizando Norton, presented to the large virtual audience Microsoft’s initiatives to boost technology adoption in the oil and gas industry while lowering carbon emissions footprint in line with Paris Climate Agreement. “By 2030, Microsoft will be carbon negative, reducing emissions by more than half. By 2050, Microsoft will remove all the carbon the company has produced since its founding in 1975,” he noted.

Microsoft is collaborating with Chevron and Schlumberger to deploy optimized technology-based processes looking to accelerate data analyzing, thus triggering new exploration opportunities and speed up time to first oil.

FirstBank partners Lagos State, offers funding for low-cost private schools - ITREALMS

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Nigeria’s premier and leading financial inclusion services provider, the First Bank of Nigeria Limited, is partnering Lagos State Employment Trust Fund (LSETF) in a matching fund scheme, reports ITREALMS.
The scheme aims to cushion the impact of COVID-19 pandemic on low-cost private schools by ensuring lending at an attractive interest rate.

The programme will provide access to finance where participating schools can each be availed up to N5 million as well as capacity development, business and financial advisory. There will be monitoring and evaluation to ensure prompt loan repayment.

Tech Experience Centre: Perfect gift for Nigeria @60 says Leo Stan Ekeh - ITREALMS

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Acclaimed serial digital entrepreneur, Leo Stan Ekeh, has described the Tech Experience Centre, an ambitious technology project that is widely expected to bridge the gap to cutting-edge technology for millions of Nigerians, as the perfect birthday gift to Nigeria at 60, reports ITREALMS.

The revolutionary Tech Experience Centre, ITREALMS gathered, is the first of its kind in Africa, and is set for formal unveiling come Thursday, October 1st 2020, which coincides with Nigeria’s 60th independence anniversary.

Tuesday, September 29, 2020

Nigeria @60: NLNG set to change narrative with LPG - ITREALMS

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As part of marking Nigeria @60, the Business Day Energy Series hosted the Chief Executive Officer (CEO) of NLNG, Mr. Tony Attah at the session of 'Talking Energy'  anchored by the publisher of Business Day, Mr. Frank Aigbogun.

Q 1: Industry analysts often describe the NLNG model as one of the most viable models for investments in the industry. What exactly is this model, what are the differences between it and the Joint Venture model, and why is it a success?

Sanctions-hit Huawei ramps up investment in Chinese tech sector - ITREALMS

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Leading global provider of information and communications technology (ICT) infrastructure and smart devices, Huawei Technologies has built up stakes in Chinese semiconductor companies and other tech businesses as the world's largest telecoms equipment maker bolsters its supply chain in the face of pressure from the United States.

Habo Investments, set up by Huawei in April 2019, has closed 17 deals for stakes in Chinese tech companies since August last year, public records show.

AfDB joins board @World Business Angels Investment Forum - ITREALMS

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The World Business Angels Investment Forum today announced the African Development Bank as its newest Board Member, reports ITREALMS.
In this capacity the Bank will represent Africa’s early-stage equity markets, entrepreneurship and startup ecosystems, small and medium enterprises and high-growth businesses, angel investors, and private equity funds. 

Nedbank banks big on Property Technology for African Real Estate - ITREALMS

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The Africa Proptech Forum Virtual, is one-full day of live presentations and panel discussions; networking and engagement, for the continent’s growing Proptech community on the 29th of September 2020, reports ITREALMS.

Hosted by the API Summit Virtual and lead sponsor, Nedbank CIB, the free to attend virtual forum will connect Africa’s most impactful real estate investor community with its emerging technology and innovation sectors. 
This year’s Proptech Forum will provide a platform for investors, startups and practitioners to meet, present and share insights on how Proptech applications are accelerating across the real estate sector.

MFM: Is Maureen Badejo really fighting for truth, the Britons and public? - ITREALMS

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I want to emphasize here that I am doing this as a duty to myself, the public and to God Almighty Jehovah only. I am not in support of any man but in defense of my conscience. First as a Christian who is aware of the imminent second coming of Jesus for judgement; A child & mother and member of the Mountain of Fire and Miracles Ministries/participant at the “Corridor Prayer” and what I have witnessed, writes BETTY ALADE.

After watching 5 YouTube videos of Ms. Maureen Badejo with various titles but all on ALLEGATIONS AGAINST DR DANIEL OLUKOYA’ OF MFM. I asked myself a question out of sincere confusion at the end of the video, which is: Is she a Christian?
Ms. Maureen Badejo said at the end of that particular episode ” ko si bi e se le mu mi bi nu to, I will still pray,.” (Simply put: no matter the extent of my anger… ).

Monday, September 28, 2020

Schneider Electric MD says 'Tech Experience Centre, a game-changer for Nigeria' - ITREALMS

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The Managing Director, Schneider Electric (Anglophone West Africa), Christophe Begat, has joined his voice to the upcoming launch of the Tech Experience Centre, describing it as a development that capable of firmly establishing Nigeria as a major player in the global technology race, reports ITREALMS
The Tech Experience Centre is an unprecedented initiative which will bring together a number of tech giants under one roof in Lagos, Nigeria to create an immersive experience of the latest technologies in action.

INEC kicks off replacement of manual voting with automation - ITREALMS

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The Independent National Electoral Commission (INEC) has kicked off replacement exercise of manual voting with automated voting system, also known as electronic voting system, reports ITREALMS.

Disclosing this on Monday, INEC National Chairman, Prof. Yakubu Mahmood, assured Commission has taken another decisive step towards the full automation of the electoral process in the country.

OPEC Fund approves US$20m for African SMEs - ITREALMS

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The OPEC Fund for International Development (the OPEC Fund) has signed a US$20 million term loan in favor of East African Development Bank (EADB), reports ITREALMS.
EADB, ITREALMS gathered, will use the loan to support small- and medium-size enterprises (SMEs) and infrastructure projects in East Africa.

ITREALMS EADB is an important regional development institution for delivering key development objectives across the East Africa region. It enjoys a high level of commitment from member states Kenya, Uganda, Tanzania and Rwanda, as well a diverse shareholder base that includes multilateral and bilateral development institutions and international financial institutions.

Rivers APC Crisis: Hold Abe, co-travellers responsible says Eze - ITREALMS

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A party stalwart in the Rivers State Chapter of the All Progressives Congress (APC), Chief Eze Chukwuemeka Eze has blamed Senator Magnus Abe for any crisis in the state, reports ITREALMS.
He also exonerated the Minister of Transportation, Rt. Hon. Chibuike Amaechi over any crisis that has bedeviled the party in Rivers State.

Pastor Chris Foundation to build multi-specialty hospital, Trauma Centre - ITREALMS

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The Loveworld Medical Missions and Services (LMMS) has performed the ground breaking for a multi-specialty hospital that will improve trauma care and emergency services in Nigeria, reports ITREALMS.
The proposed facility to be known as the "Loveworld Medical Centre," will be situated at Aseese, along the Lagos-Ibadan expressway, Ogun State and will boast of modern equipment and highly skilled personnel dedicated to service, reports ITREALMS.

The LMMS is an outfit under the Pastor Chris Foundation.

Tinubu salutes Oyetola @66, applauds his achievements - ITREALMS

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The acclaimed national leader of the All Progressive Congress (APC), Senator Bola Ahmed Tinubu has saluted the governor of Osun State, 
Adegboyega Oyetola as he marked 66 years on earth, reports ITREALMS.
As said by him, the welfare and wellbeing of the people ought to be the raison d’etre of any government, and should be at the core of its very existence, as well as at the heart of democracy itself. 

ALTON, Medallion, CloudFlex back NITRA’s Innovation Forum - ITREALMS

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Increasing number of industry stakeholders have indicated interest in partnering with the Nigeria Information Technology Reporters Association (NITRA), as the national umbrella body of ICT reporters accelerates plans towards hosting its annual Innovation Forum in Lagos, reports ITREALMS.
The Association of Licensed Telecommunications Operators of Nigeria (ALTON), Medallion Communication and CloudFlex have now joined the telecoms regulatory body, the Nigerian Communications Commission (NCC) and Digital Encode as partners to the event scheduled to hold as a webinar on October 15, 2020.

NCC promises robust ICT Infrastructure for economic growth - ITREALMS

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The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta has said that the Commission will continue to promote and facilitate expansion of robust broadband/Information and Communication Technology (ICT) infrastructure across the country for the rapid development of the nation’s digital economy, reports ITREALMS.

Danbatta gave the assurance in a presentation titled “Communication Technology for Service Delivery in Health, Education, Tourism, the Creative Industry and Agriculture” delivered during the first virtual and sixth edition of Information Communications Technology and Telecommunications Conference and Exhibition (ICTEL) EXPO 2020.

Isa Ibrahim to keynote @NIS 2020, leads other speakers - ITREALMS

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The Nigeria's Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim (Pantami) has been confirmed as the keynote speaker at this year’s Nigeria Innovation Summit dubbed the Nigeria Innovation Week 2020, reports ITREALMS.

The challenge of a global pandemic has made it necessary for this year’s Nigeria Innovation Summit to be held virtually from Tuesday, October 6, 2020 to Thursday October 8, 2020 under the theme: ‘Innovating in Critical Times’.

Labour suspends strike, outcome expected in 2 weeks - ITREALMS

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Finally, the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have jointly agreed to suspend the much-awaited strike scheduled to commence Monday, September 28, 2020, reports ITREALMS.

This development was agreed with the Federal Government at about 2:30am on Monday following deliberations between the government and organized labour which commenced about 8pm on Sunday night.

Tech Experience Centre loading: Giants' accolade for TD Africa - ITREALMS

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A number of globally renowned Original Equipment Manufacturers (OEMs) in the technology space have commended TD Africa, Sub-Saharan Africa's leading technology, lifestyle and solutions distributor for successfully birthing the continent's first Tech Experience Centre. 
The commendations come ahead of the October 1st launch of the centre located in the high-rise Yudala Heights on 13 Idowu Martins, Victoria Island, Lagos.

Equally important, the Minister of Communications and Digital Economy, Dr. Isa Ali Pantami is expected in Lagos to commission the Centre, with the Lagos State Governor, Babajide Sanwo-Olu, alongside a number of other high profile dignitaries in attendance. The event will be streamed live to millions across the world from 5pm.

Anambra Police arrest 26-yr for killing own father - ITREALMS

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The Anambra State Police command has arrested one 26-year-old Chisom Ogum of Umuomaku Community in Orumba South LGA of Anambra State for allegedly killing his father, reports 
Chisom Ogum

His arrest, ITREALMS gathered was achieved due to collaboration between the Umunze Police Division with the local vigilante group on Saturday, September 26, 2020.

Sunday, September 27, 2020

NCDC activates two new molecular lab - ITREALMS

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The Nigeria Centre for Disease Control (NCDC) has activated two new molecular laboratory network, reports ITREALMS.

According to NCDC official Twitter handles, these latest labs were located in Osun and Nasarawa States respectively. 

Sanwo-Olu in Akure: Meets APC leaders, stakeholders, drums support for Akeredolu - ITREALMS

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The Lagos State Governor and the Chairman of the All Progressives Congress (APC) National Campaign Council for Ondo State Governorship Election, Mr. Babajide Sanwo-Olu, on Sunday, stormed Akure, the capital of Ondo State to solicit support for the APC and its governorship candidate, Arakunrin Oluwarotimi Akeredolu (SAN), reports 

Sanwo-Olu, ITREALMS gathered was accompanied by some members of the party’s National Campaign Council, met with some APC leaders and critical stakeholders in Ondo State in preparation for the October 10 gubernatorial poll.

Also, Governor Sanwo-Olu joined the campaign train of Governor Akeredolu and his running mate, Hon. Lucky Aiyedatiwa to drum up support for the party in some towns and local governments ahead of the gubernatorial election.

COVID-19: Survey rates Lagos, FG poor on responses - ITREALMS

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Several Nigerians were not impressed by the Federal and Lagos State Government responses to COVID-19 pandemic, a survey conducted by a leading Nigerian civil rights group has revealed, reports 

Respondents in the survey knocked the Federal and state authorities for poor responses to a pandemic that has hit social, economic and cultural lives of millions of people all over the world.

OYDA congratulates Ladoja on 76th birthday - ITREALMS

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The Oyo Democratic Alliance (OYDA) has extended good wishes to a former Governor of Oyo State, Chief Adewolu Ladoja, Osi Olubadan of Ibadanland on the occasion of his 76th birthday, reports ITREALMS.
OYDA Chairman, Wole Adedoyin on Friday in a statement available to ITREALMS, commended the former governor for his services to Oyo State and Nigeria over the years, especially his days as a federal legislator, and NADECO leader.

Cisco explains ‘collabo’ with TD Africa on Tech Experience Centre - ITREALMS

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The establishment of the Tech Experience Centre in Lagos, would deliver excellent social, commercial and economic opportunities that will potentially create wealth for Nigeria, according to the General Manager, West Africa, Cisco, Olakunle Oloruntimehin, reports ITREALMS

Explaining the essence of Cisco collaboration with TD Africa on the Tech Experience Centre, the worldwide leader in IT and networking, said its one of the global tech giants that will be represented in the centre.

A development, Oloruntimehin said they were confident will generate innumerable positive outcomes for the Nigerian economy.

OML 143: NNPC, SEEPCO enter deal on gas development - ITREALMS

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The Nigerian National Petroleum Corporation (NNPC) and Sterling Exploration and Energy Production Company (SEEPCO) have signed an agreement for the development and commercialization of gas from the Oil Mining Lease (OML) 143 that could help reduce gas flaring in the country.
Speaking at the agreement signing ceremony which held at the NNPC Towers, the Group Managing Director of NNPC, Malam Mele Kyari, described the execution of the deal as a great milestone as well as a testament to NNPC’s commitment to facilitating the nation’s transformation into a gas-powered economy.

Saturday, September 26, 2020

Hikes: FG not insensitive, plans solar for 5m says Lai Mohammed – ITREALMS

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The Federal Government has refuted the allegations making rounds that its insensitive to plight of Nigeria due to recent hikes in both Premium Motor Spirit (PMS) and electricity tariffs in the country, reports ITREALMS.

As part of efforts to cushion the effects, FG has concluded plans to provide solar power to 5 million Nigerian households in the next 12 months. 

According to the Minister of Information and Culture, Alhaji Lai Mohammed who spoke to ITREALMS on Saturday in Lagos while reacting to insensitivity of FG over the recent increases in petrol and electricity prices, said the truth is that the government can no longer afford the cost of subsidy, mostly under the prevailing economic conditions.

Deregulation: MOMAN, downstream players applaud FG - ITREALMS

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The stakeholders in the downstream sector of the Nigerian Oil and Gas Industry, including the Major Oil Marketers Association of Nigeria (MOMAN), have applauded the Federal Government for the courage to tackle the challenges in the sector frontally, reports ITREALMS.

A press release by the corporation’s spokesman, Dr. Kennie Obateru, and available to ITREALMS that the stakeholders gave the commendation at a Downstream stakeholders’ meeting which held at the NNPC Towers, Abuja.

Microsoft: There's future with TD Africa’s Tech Experience Centre - ITREALMS

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The launch of the Tech Experience Centre, a mega technology project that will see Nigeria play host to cutting-edge technologies from the biggest global brands, has been described as a laudable initiative that will project Nigeria into the tech-driven future it deserves.

The foregoing was disclosed by Managing Director, Microsoft Nigeria, Akin Banuso at a pre-launch event.

Area F Command gets PCRC Traffic Corps - ITREALMS

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The Area F Command chapter of the Lagos State Police Community Relations Committee (PCRC) traffic corps initiative has been officially inaugurated on Thursday, September 24, 2020, reports ITREALMS.
Group photo of participants

The event which took place at Area F Police Command, which had Area Commander, ACP John Ali Zongo, personally inaugurating the corps, comprising of Area F PCRC traffic corps team, Area Traffic Officer (ATO), all the Divisional Traffic Officers (DTOs) under Area F Command and a team from the Lagos State Traffic Management Agencies (LASMA), Federal Road Safety Corp (FRSC), Neighborhood Watch etc in attendance.