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Oando Acquires Oil Block In Angola

Oando Plc  Favour Ifeoluwa & Akinola Ajibade  Oando Plc  says it has completed and won the bid for the operatorship of oil block KON 13 in Angola. The firm which recently acquired Eni of Italy’s oil assets in Nigeria, said that the award of the oil block located in Angola’s onshore Kwanza Basin followed a competitive bidding process by the country’s oil and gas sector regulator. It further said hat the asset in which it owns 45 per cent participating interest, has estimated prospective resources of 770 to 1,100 million barrels of oil. Oando is handling its operations relating to the asset through its upstream subsidiary, Oando Energy Resources (OER). “Oando Plc,  Africa’s leading indigenous energy solutions provider listed on both the Nigerian Exchange Limited and Johannesburg Stock Exchange is pleased to announce that its upstream subsidiary, Oando Energy Resources (OER), has been awarded operatorship of Block KON 13 in Angola’s Onshore Kwanza Basin, following a...
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Canada Imposes Work Restrictions on Nigerians, Others


By Favour Ifeoluwa & Akinola Ajibade 

The Canadian Government, yesterday (Monday) announced a two-year cap on Nigerians and other international students who wish to  obtain new study permit. 

The country's Immigration Minister Marc Miller said for 2024, the cap is expected to result in approximately 364,000 approved study permits, a decrease of 35% from 2023.

In addition to the cap, the Canadian government will also require international students applying for a permit to provide an attestation letter from a province or territory.

Miller also announced changes to the post-graduation work permit program, starting that from September, international students who begin a program that is part of a curriculum licensing arrangement — where a private college has been licensed to deliver the curriculum of an associated public college — will no longer be eligible for a post-graduation work permit.

Graduates of master’s and other “short graduate-level programs” will “soon” be able to apply for a three-year work permit. Open work permits will also only be made available to the spouses of international students in master’s and doctoral programs.

According to him, “These measures are to ensure that as future students arrive in Canada, they receive the quality of education that they signed up for and the hope that they were provided in their home countries.


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