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Business News

Oando becomes first oil & gas company in Nigeria to be ISO 27001 Certified

Oando PLC has become the first Oil and Gas Company in Nigeria to receive the prestigious ISO 27001 Certification from Certification Partner Global FZ LLC.

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Wale Tinubu, Group Chief Executive Officer, Oando Plc, Reclassification of Oando Plc as Low Price Stock, Oando’s gas deal with NLNG to increase Nigeria’s market share in LNG market, Oando becomes first oil & gas company in Nigeria to be ISO 27001 Certified
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Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigeria and Johannesburg Stock Exchange, is pleased to inform the public that on Tuesday, January 21, 2020, it became the first Oil and Gas Company in Nigeria to receive the prestigious ISO 27001 Certification from Certification Partner Global FZ LLC.

ISO 27001 is the international standard outlining best practices for information security management systems.

Speaking at the certificate presentation ceremony, the Group Chief Corporate Services and Operations Officer, Oando, Mr Zubairu Muntari said, “This is a significant achievement for Oando. By implementing and following the necessary steps to comply with this standard, we can identify, control, and eliminate security risks, ultimately validating the security practices adopted within the organization.

“The certification also means that we are able to provide our stakeholders with a higher degree of confidence in the quality and stability of data security and further validating our commitment to the highest standards of information security.”   

Oando Plc, Oando invites applications with OandoGAP, International Volunteer Day – Oando Foundation renews commitment to adopted school through Art and Craft

Oando plant

The Head of IT, Oando Group, Mr Idris Musa, who directed the project, attributed the success to the commitment by the management towards managing business compliance and operational risks associated with the use of information systems and digital assets.

He said, “The investment in ISO 27001 enterprise security framework have allowed us structure and implement modern security controls in a complete and cohesive manner thereby strengthening our data and information system governance.”

Commenting on the certification, the Chief Operating Officer, Digital Encode Limited, Dr Obadare Peter said, “Essentially, the certification aims to establish and put in place good information security practices across the Oando Group. The certification is proof that the Company’s systems and processes have been audited against international best practice, positioning Oando as operating to global standards.”

[READ MORE: Oando signs 2 gas supply agreement with NLNG)

SSKOHN

About ISO 27001

ISO 27001 certification is one of the most widely recognised and internationally accepted information security standards. ISO 27001 certification is the global standard for information security management system, part of the ISO/IEC 27000 family of standards published by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC) under the joint ISO and IEC subcommittee.

The certification specifies a management system that is intended to bring information security under management control and gives specific requirements. Organizations that meet the requirements may be certified by an accredited certification body following the successful completion of an audit.

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    Corporate Press Releases

    N1m up for grabs with Quickteller Business contest

    To join in the contest, entrepreneurs are to post a 1-minute video of themselves explaining how N1 million will boost their businesses.

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    Interswitch has announced a virtual pitch tagged ‘Boost your business with Quickteller’ where one business owner has the opportunity to win N1 million cash. The promo is believed will help businesses signed onto the Quickteller Business platform boost their business further.

    To contest for the prize money, business owners are simply required to complete their account activation on Quickteller Business and they stand a chance of winning.

    To join in the contest, entrepreneurs are to post a 1-minute video of themselves explaining how N1 million will boost their businesses. The videos should be uploaded on Facebook, Instagram, Tiktok or YouTube with the hashtag #boostwithquickteller. To submit an entry, business owners are required to paste their post’s URL in the video URL section of the entry form on the Quickteller Business site, share the entry with friends and family and invite them to vote.

    They must register and activate their businesses on the Quickteller Business platform using the referral code ‘Boost’. Any entry without a referral code will be rendered invalid.

    Speaking about the promo, Cherry Eromosele, Group Chief Marketing and Communications Officer at Interswitch noted that the promo is important to Interswitch as it helps business owners – not only to boost their businesses – but to provide solutions that addresses some of the pain points of business owners. “At Interswitch, we are committed to growing the business community by providing simple and scalable payment solutions because it is critical to their growth and essentially to the national economy at large,” she added.

    The Quickteller Business platform provides seamless payment solutions for businesses and their customers. The platform is an intuitive and robust one that enables businesses of all sizes, small, medium, large, to take their businesses online even if they did not have prior technology infrastructure or website.

    The top 10 entries with the highest votes by 11:59pm on Friday, April 30, 2021 will qualify to participate in the grand finale.

    Apart from the numerous benefits enjoyed on the Quickteller Business platform, such as generating invoices to track sales and payments, customized storefront to display products and brand image, backend access to manage inventory, dispute management options to settle chargebacks and refunds, the platform further exposes its users to a ready market of over five million potential customers from Nigeria, Gambia and Kenya.

    Hotflex

    On the Quickteller Business platform, business owners can get paid by anyone, from anywhere without hassles. From massive corporations to smaller tech-savvy businesses, Quickteller Business makes payment easy for entrepreneurs and their customers.

    SSKOHN

    About Quickteller Business

    Quickteller business provides various payment tools for freelancers and small businesses operating without a website to receive payments easily. The platform seamlessly integrates with your existing website or store to provide various payment options.

    About Interswitch

    Interswitch is a leading technology-driven company focused on the digitisation of payments in Nigeria and other countries in Africa. Interswitch’s vision is to make payments a seamless part of everyday life in Africa, and its mission is to create transaction solutions that enable individuals and communities to prosper across Africa.

    Stanbic 728 x 90

    We began in 2002 as a transaction switching and electronic payments processing business, building and managing payment infrastructure, delivering innovative payments solutions and driving transactions across Nigeria and other African markets. We provide secure solutions and services that facilitate convenience and real value for consumers, businesses, governments and other organizations, helping to reduce costs, improve operational efficiency and drive sustainable revenue growth.

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    Business

    FG launches National Gender Steering Committee for Gender Policy in the agricultural sector

    The policy document is a developmental strategy for poverty reduction and it is expected to empower small scale holder farmers who are predominately women.

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    FG moves to reduce gender inequality in agriculture, De-risking the agricultural sector
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    The Federal Government has announced its inauguration of a National Gender Steering Committee for the Implementation of the Gender Policy in the Agricultural sector, in a bid to offer equal access and gender-sensitive approaches towards food production.

    This was disclosed by Permanent Secretary, Federal Ministry of Agriculture and Rural Development, Dr Ernest Umakhihe, who inaugurated the Committee on Wednesday in Abuja.

    “The initiative will promote and ensure the adoption of gender-sensitive responsive approaches, plans and programmes in such a way that men and women will have equal access and control of productive resources,” he said.

    He added that availability of the policy document was expected to address the vulnerability of women to biases in the Agriculture sector, integrate gender perspectives in National Planning, create more jobs and financial empowerment for women, citing that the National Gender Policy in Agriculture was consistent with the Global 2030 Agenda for Sustainable Development adopted by World Leaders at the United Nations Summit in New York, USA, in September 2015.

    Director, Special Duties in the Ministry, Mrs Fausat Lawal also stated that “Women, small scale holder farmers constitute about 70-80% of the agriculture labour force and they produced the bulk of food for domestic consumption.”

    She added that the policy document is a developmental strategy for poverty reduction and it is expected to empower small scale holder farmers who are predominately women.

    What you should know 

    • Female unemployment rate in Nigeria as of Q4 2020 increased to 35.2% from 31.6% recorded in Q2 2020. This is according to the recent labour force report released by the National Bureau of Statistics (NBS).
    • A total of 61.63 million women were in the working population (15 – 64 years of age) as of Q4 2020 accounting for 50.5% of the total working population. Only 30.15 million of these women were willing and able to work, which represents about 43.3% of the total labour force in the period under review.

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