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Business

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ICT

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Capital Market

Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

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FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

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Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

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Insurance

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

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SanlamAllianz Takes Financial Education to Lagos Markets

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GCR Upgrades NEM Insurance Rating to AA+ on Sustained Profitable Growth, Stable Outlook

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Business

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ICT

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Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

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Insurance

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GCR Upgrades NEM Insurance Rating to AA+ on Sustained Profitable Growth, Stable Outlook

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Oriental Energy Resources Names Mustafa Indimi as New MD

Mustafa Indimi has been appointed the new Managing Director of Oriental Energy Resources Limited, a leading indigenous oil exploration and production company in Nigeria. Mustafa takes over from Mr. Ignatius Ifelayo who served the company meritoriously for seven years.
Prior to the new appointment, Mustafa was the Executive Director (Technical) and a member of the company’s Board of Directors. He brings with him an in-depth knowledge of the business and he is well-positioned to drive the company forward.
A master’s degree holder in petroleum production engineering from Robert Gordon University Aberdeen, Mustafa has an impressive track record of leading teams to deliver outstanding performance and results.
On his new challenge, Mustafa commented: “It is an exceptional privilege to be appointed as Managing Director at a time that provides great opportunity to take the company to new heights. I am looking forward to working with the Board, Management and Staff to strengthen and grow the company by building on the solid foundation to generate significant value for all stakeholders.”
“Underpinning everything is my commitment to the company’s vison to set the standards that all other E&P companies in the Nigerian oil and gas industry will be compared against.’’

About Oriental Energy Resources
Oriental Energy Resources Limited is an indigenous oil exploration and production company founded in 1990 by Alhaji (Dr.) Muhammadu Indimi, OFR. It operates two marginal fields in offshore Akwa Ibom, Ebok (OML 67) and Okwok (OML 67), as well as one oil mining lease OML 115.

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