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Inside Dec <strong>15</strong>.qxp_Layout 1 12/14/17 9:59 PM Page 7<br />
14TH<br />
DECEMBER<br />
2017<br />
THURSDAY<br />
CURRENCY PARIS CODE BUYING SELLING<br />
US Dollar USDGHS 4.3608 4.3650<br />
RATES Pound Sterling GBPGHS<br />
5.6621<br />
5.6680<br />
Euro<br />
GBPGHS<br />
4.9737<br />
4.9763<br />
10<br />
DAILY HERITAGE FRIDAY, DECEMBER <strong>15</strong>, 2017 WWW.DAILYHERITAGE.COM.GH<br />
Omnibank partners Intercity STC to boost operations<br />
OMNIBANK<br />
HAS signed a<br />
partnership<br />
agreement to<br />
provide total<br />
banking solutions<br />
to Intercity State Transport<br />
Corporation (ISTC).<br />
The partnership is expected to<br />
boost the transport company’s business<br />
to regain its dominance in the<br />
long-distance travel industry.<br />
One of the key elements of the<br />
agreement is the establishment of<br />
onsite cash collection centres at designated<br />
ISTC terminals.<br />
Signing the agreement on behalf<br />
of ISTC, the Managing Director,<br />
Nana Akomea, commended Omni-<br />
Bank for the initiative and noted that<br />
“the mandate was given to Omni-<br />
Bank with the assurance that cash<br />
generated in the terminals will be<br />
safe and also help the corporation<br />
concentrate on other operations.”<br />
•Mr Philip Oti-Mensah (4-L) handing over the document to Nana Akomea, (2-R) Managing<br />
Director of ISTC while others look on<br />
According to him, Omni-<br />
Bank was considered for this<br />
role because “they have<br />
shown us a certain diligence<br />
and interest in STC’s operations<br />
which we haven’t found<br />
in many banks”.<br />
Expressing appreciation to<br />
management of STC for giving<br />
the Bank the opportunity<br />
to roll out this service, the<br />
Managing Director of Omni-<br />
Bank, Mr Philip Oti-Mensah,<br />
stated that “the bank will live<br />
up to its mantra of exceptional<br />
service and deliver to<br />
make sure both parties succeed”.<br />
An onsite cash collection is<br />
one of the services provided<br />
by the bank to run cashiering<br />
services for its corporate<br />
clients on their premises for<br />
convenience and safety.<br />
All Nations University adjudged Oil & Gas Institution of the Year<br />
BY KOJO ANSAH<br />
ALL NATIONS University has been<br />
adjudged Oil and Gas Institution of<br />
the Year at the just-ended 2017 edition<br />
of Ghana Oil & Gas Awards and Exhibition<br />
(GOGA).<br />
The ceremony was organised by<br />
GOGA on <strong>December</strong> 8, 2017 in<br />
Accra to recognise outstanding<br />
achievements and contributions from<br />
both local and international companies<br />
and institutions that are directly or indirectly<br />
involved in Ghana’s oil and<br />
gas sector.<br />
The event focused on the human<br />
developments, technologies, financial<br />
packages, insurance products, best<br />
practices and related issues, while the<br />
university was honoured the ‘Oil &<br />
Gas Institution of the Year’ 2017 for<br />
human development and best practices.<br />
Dr Theophilus Oware, Senior Assistant<br />
Registrar, Advancement and<br />
Technology, and Nana (Dr) Baah<br />
Boakye, Dean of School of Engineering,<br />
received the award on behalf of<br />
the university.<br />
The president and founder<br />
of All Nations University, Dr<br />
Samuel Donkor, expressed his<br />
profound gratitude to the entire<br />
faculty for their immense contributions<br />
to the development<br />
of the various departments, especially<br />
the oil and gas.<br />
Dr Donkor stressed that the<br />
university spent over<br />
US$300,000 to revamp the oil<br />
and gas engineering labs as well<br />
as other engineering disciplines.<br />
“Notable amount of financial<br />
investment went into training<br />
and hiring of qualified<br />
senior faculty members at the<br />
department,” he revealed.<br />
He challenged other departments<br />
within the university to<br />
put their act together to crave<br />
for the optimum.<br />
According to the university<br />
president, the university has<br />
maintained academic excellence<br />
since its establishment and has perpetually<br />
pioneered academic innovations<br />
and novelty with fundamentally high<br />
moral and educational standard with<br />
the sole aim of raising leaders with<br />
rectitude to serve society.<br />
•Dr Theophilus Oware, Senior Assistant Registrar, Advancement and<br />
Technology and Nana (Dr) Baah Boakye, Dean of School of Engineering, receiving the<br />
award on behalf of the University.<br />
He said, "At All Nations University,<br />
we always choose to be leaders, to<br />
attest to this we were the first private<br />
university in Ghana to be accredited to<br />
offer Bachelor Degree in Oil and Gas<br />
Engineering, Biomedical Engineering<br />
and Electronics and Communications<br />
Engineering.<br />
Currently, All Nations University is<br />
the only university in Ghana to run an<br />
Oil & Gas Engineering programme."<br />
Dr Donkor said the aim of the<br />
programme is to train both local and<br />
international engineers to participate<br />
in the development of<br />
the oil and gas industry.<br />
"All Nations University<br />
is the only university<br />
in Ghana and<br />
sub-Sahara Africa to<br />
successfully design,<br />
build and deploy satellite<br />
cubeSat,<br />
GHANASAT 1, into<br />
orbit by our trained engineers.”<br />
“The next mission<br />
of the university is to<br />
collaborate with the<br />
government, and corporate<br />
bodies to design<br />
and build GhanaSat 2<br />
to address issues such<br />
as oil spillage, illegal<br />
mining, land and water<br />
pollution and other issues<br />
facing the Ghanaian<br />
society," he said.<br />
He added the university<br />
would keep aligning its curricula<br />
and practices to international<br />
standard to help the students in their<br />
career wherever they may choose to<br />
further their education or work.