Fidson Slashes Rights Issue’s Price to N4

By Modupe Gbadeyanka The Lagos State House of Assembly has called for the immediate arrest of a doctor who performed surgery on a boy, Adebola Akin-Bright, whose intestines went missing in the process of going under the knife. At the plenary on Tuesday, the parliament urged the Lagos State Governor, Mr Babajide Sanwo-Olu, to provide funds for the treatment of the boy outside the country. It was alleged that the 12-year-old Adebola underwent surgery at a private hospital, Obitoks Medical Centre, in the Alimosho area of the state. He is currently at the Lagos State University Teaching Hospital (LASUTH) receiving

In today’s world where modern technology has us glued to our screens, teens and adults alike are woefully inactive. According to the World Health Organisation (WHO), global estimates show that one in four adults and more than 80% of adolescents do not do enough physical activity. Physical activity is critical for human health, and adopting a healthy lifestyle that includes regular physical activity is one of the most important things a person can do to improve their health and well-being. Evidence is emerging that shows that physical inactivity is associated with a heightened risk of serious illness and death. On

By Modupe Gbadeyanka The management of the Lagos University Teaching Hospital (LUTH) has been praised for maintaining the N200 million WARD-A Block renovated by Airtel Nigeria two years ago. The telco, led by its chief executive, Mr Carl Cruz, inspected the facility last week and was impressed with the high maintenance culture of the health institution. “We are pleased to observe that the collaboration with LUTH has continued to touch the lives of so many Nigerians. “The outstanding leadership of LUTH also deserves our commendation for how well they have kept the equipment and building for the past two years.

By Dipo Olowookere BacTech Environmental Corporation on Tuesday announced the results of the first 47 samples (35 routines and 12 control samples) from 3 holes drilled on a 60-hole drill program (approximately 600 m in total) at the company’s joint venture Silver-Copper-Tin tailings remediation project at Telamayu, Bolivia. The purpose of the program is to verify earlier work carried out by BacTech’s partner, Mining Corporation of Bolivia, the Bolivian state mining company, and to provide material for upcoming metallurgical work. Additional results will be released in batches over the next few weeks. Telamayu is an historic mill town situated next

By Modupe Gbadeyanka About $100 million would be sold by the Central Bank of Nigeria (CBN) in a bid to boost foreign exchange liquidity at the market. In a circular on Tuesday to banks operating in the country, the apex bank said the $100 million would be sold at a special wholesale spot and forwards auction to be settled within the next 60 days. As at Tuesday afternoon, Business Post reports that the Naira was traded above N380 to the Dollar at the parallel market against about N305.80k it traded at the official interbank market. Since February 2017, the central

By Aduragbemi Omiyale An app designed to aid communication among users via audio connection has been introduced by the world’s leading global communications platform, Truecaller. The initiative, Open Doors, was launched on Wednesday and it will ensure safe, secure and private audio conversations among users after it is installed on the smartphone. According to the firm, more features would be added to Open Doors based on feedback from users. Truecaller said some innovations are already in the works after a small beta tester group, including the ability to set a close circle of contacts (so that others in contacts who

By Kester Kenn Klomegah With strict pressure from the African Union (AU) and the Economic Community of West African States (ECOWAS), the August coup leaders have installed an interim government that will run state affairs until next elections. Plucked from obscurity, the former Defense Minister Bah Ndaw (here) became the transitional President, while Colonel Assimi Goita serves as Vice President. The transitional committee made up of representatives of political parties, civil and religious groups agreed on both positions. According to their biographical reports, both had part of their professional military training in the Soviet Union and Russia respectively – read

By Dipo Olowookere All is now set for the 2018 edition of Africa Banking & Finance Conference, which begins on Tuesday, April 10 and 11 in Lagos. The theme of the programme is ‘Sustaining the Momentum in the Financial Inclusion Agenda’ and notable figures in the industry have been pencilled down to grace the occasion. The conference is expected to trigger practical, regional and national investments in initiatives that will support the adoption of structural and policy changes to facilitate financial inclusion for all. During the conference, workable and implementable plan of action would also be initiated. Those expected to

By Adedapo Adesanya Nigerian Communications Commission (NCC) has formally flagged-off a nationwide cyber security awareness campaign aimed at sensitising secondary school students and youths on cyber related crimes such as cyber bullying, internet fraud, identity theft, online soliciting of minors, among others. The programme kicked off in Abuja and speaking at the opening ceremony for Cyber Security Enlightenment Programme for schools, the Executive Vice Chairman and Chief Executive Officer of NCC, Mr Umar Danbatta, said that the campaign will equip the students with the necessary information. Another approach that the programme would take, according to Mr Danbatta, will involve knowledge

By Dipo Olowookere About N2.290 billion representing 45.8 percent of the N5 billion Paris Club refund received from the Federal Government by the Kwara State government has now spent to pay salaries of workers in the state. This was so as a result of the release of an additional N400 million by the state government to local councils to enable them pay December salary in full. In a statement issued via its Facebook page on Saturday, the state government said with this development, it has complied with the directive of President Muhammadu Buhari that states should use 25 percent of

By Dipo Olowookere Four Nigerian startups, Agrisiti, Duketrah Fisheries, Solaristique Nigeria Limited, and Osomobegbe Global Ventures Limited, have been selected among the 25 finalists competing to secure the $140,000 grants offered by the African Development Bank (AfDB) in its 2022 AgriPitch Competition. The youth-led agriculture sector companies from 14 African countries have advanced to the finalist round of the contest. In a statement issued by the organisers, it was stated that from the 25 finalists, 13 were taken from Francophone countries and the other 12 from Anglophone countries. Also, 17 of the small and medium enterprises are owned by women