Fan Yogo ‘Gin and Ginger’ Not Sold in Nigeria—NAFDAC

By Dipo Olowookere African governments have been charged to adopt “a more innovative model of primary health delivery with grassroots-focused universal health coverage structure that is customised to suit the peculiarities” of the continent. This advice was given by the Chairman and chief executive of Elkris Group, Dr Elliott Scott Omose, during a media chat with newsmen over the weekend. The healthcare practitioner, who described primary healthcare in Africa as non-existent, said the continent has the capacity to deliver quality service to its citizens. Mr Omose is also the founder of PreDiagnosis International, an innovative public healthcare management non-profit organisation

By Adedapo Adesanya The federal government has pledged to increase domestic health financing to improve health condition of all Nigerians as part of President Bola Tinubu’s administration’s targets. The Vice President, Mr Kashim Shettima, on Tuesday made the pledge when a delegations from the Global Health Partners, the Global Fund, US President’s Malaria Initiative (PMI), and others, paid him a courtesy visit at the Presidential Villa, Abuja. The US President’s Emergency Plan For AIDS Relief (PEPFAR) was also part of the delegations. Mr Shettima emphasised that enhancing domestic health financing and improved health outcomes of Nigerians were topmost on the

While rhinoplasty procedures vary in complexity and expected recovery times, everyone wants to heal faster and minimise downtime after the procedure. The success of the procedure will not only depend on the skill of the surgeon but also the patient’s ability to heal properly. In the past few years, a group of molecules, known as peptides, have increasingly gained significant attention in the medical field for their incredible potential in bolstering the healing process. Simply put, they are a group of naturally occurring or synthetic amino acids that have been shown to optimise healing and recovery times. Let’s take a

By Aduragbemi Omiyale This news from Fidson Healthcare Plc will excite the more than 1.9 million HIV-infected people in Nigeria as the company has signed a strategic deal with a Chinese firm, Aidea Pharmaceutical Company Limited for the production of innovative drugs for the treatment of the disease. The Nigerian company, in a statement, said it sealed the agreement in Yangzhou, China, on Monday, November 13, 2023, to address the medical challenges faced by infected persons in the country. Fidson said it would collaborate with Aidea to manufacture, promote and sell products that would help with the treatment of HIV.

By Investors Hub Asian stock moved mostly lower on Tuesday as sentiment turned cautious ahead of Fed Chairman Jay Powell’s two-day testimony to Congress on Wednesday and Thursday, with markets waiting to see whether the language will be dovish enough after the release of a stronger than expected jobs report. Powell is due to testify before the House Financial Services Committee on Wednesday and before the Senate Banking Committee on Thursday. China’s Shanghai Composite Index dipped 5.13 points or 0.2 percent to 2,928.23 as investors fretted about a lack of clarity in U.S.-China trade talks following the G20 summit in

By Dipo Olowookere Central Bank of Nigeria (CBN) has reacted to a recent report by an online newspaper, Premium Times, that it was over-funding the Federal Government. Governor of the apex bank, Mr Godwin Emefiele, while addressing newsmen in Abuja after the Monetary Policy Committee (MPC) meeting on Tuesday, said “Let me state categorically that the CBN has not over funded the federal government. “The federal government on its own decided that all its funds, both in local and foreign currency, should be moved to the Central Bank of Nigeria, into the Treasury Single Account. “It is important to put

By Adedapo Adesanya The Brent crude sighted the long-awaited $70 per barrel territory on Monday, May 17, lifted by the reopening of the European economy and backed by a rise in demand from the largest consumer of oil, the United States. During the session, the price of the international benchmark crude futures rose by 86 cents or 1.25 per cent to trade at $69.57 per barrel, while the US benchmark, West Texas Intermediate (WTI) crude futures, rose by 98 cents or 1.5 per cent to sell at $66.35 per barrel. The day’s positive outcome was spurred by projected economic recovery

By Adedapo Adesanya The federal government has announced that domestic flights will resume in the country from Wednesday, July 8, 2020. The Minister of Aviation, Mr Hadi Sirika, in a tweet on Wednesday said operations would resume at the Murtala Mohammed Airport in Lagos and Nnamdi Azikwe Airport in Abuja on July 8 with other airports slated for a few days after. However, he said international flight operations will recommence at a date to be announced later by the local authorities. The European Union had excluded passengers coming from Nigeria, the United States of America, Brazil and other countries from

By Adedapo Adesanya Crude oil prices edged higher by about 1 per cent on Thursday after Russia threatened to halt the exports of the commodity to some buyers. Brent futures rose $1.15 or 1.3 per cent to settle at $89.15 a barrel, while the United States West Texas Intermediate (WTI) crude rose by $1.60 or 2.0 per cent to settle at $83.54 per barrel. The European Union (EU) had proposed a price cap on Russian gas leading President Vladimir Putin to threaten to cut off all energy supplies if that proposal goes through, raising the risk of rationing in some

By Modupe Gbadeyanka Activities resumed on the floor of the Nigerian Stock Exchange (NSE) on Monday with high expectations from the gains recorded at the market last Friday. However, 19 equities led by Dangote Cement crashed at the market by 0.42 percent, making investors lose a total of N38 billion. Business Post reports that the all-share index contracted by 111.04 absolute points to close at 26,217.18 points, while the market capitalisation went down by N38 billion to finish at N9.02 trillion. AIICO Insurance Plc performed well on the floor of the NSE today transacting a total of 56.8 million shares

By Adedapo Adesanya The value of the Naira against the American Dollar weakened at the Peer-to-Peer (P2P) segment of the foreign exchange (forex) market on Wednesday, April 26, but was strengthened in the Investors and Exporters (I&E), and the parallel market sides of the forex market. In the peer-to-peer, the Nigerian currency depreciated against its American counterpart by N2 to settle at N752/$1, in contrast to the N750/$1 it was exchanged on Tuesday. But in the black market, the Naira appreciated against the greenback yesterday by N2 to trade at N734/$1 compared with the previous day’s exchange rate of N736/$1.

By Dipo Olowookere President Muhammadu Buhari has expressed grief over the death of one of the sons of a respected man of God, Pastor Enoch Adejare Adeboye. On Thursday morning, it was reported that the son of the General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Dare Adeboye, passed on in his sleep on Wednesday in Eket, Akwa Ibom State. Pastor D, as he was fondly called, was said to have gone to bed after a ministration but when after sleeping longer than expected, the wife, Mrs Temiloluwa, went to the room, where she discovered that the