Fruit Juice Good for Health Conscious People—Nutritionist

**As Authority’s Infrastructure Intervention Excites Reps Committee Chairman The Nigeria Sovereign Investment Authority on Monday received members of the House of Representatives who were in Lagos to inspect projects undertaken by the Authority and their impact on the economy. Key areas of focus for the Lagos visits were Healthcare, Infrastructure and Agriculture. The Ad-hoc Committee was constituted by the House of Representatives to investigate the activities of the Nigeria Sovereign Investment Authority (NSIA) since the inception of the Authority. The committee during the visit hailed the management of the NSIA on their intervention in the healthcare sector. The members of

By Adedapo Adesanya The founder of Nigeria’s Wellahealth Technologies, Mr Ikpeme Neto, has been selected among the top 10 finalists of Africa’s Business Heroes Prize Competition, the philanthropic programme sponsored by Chinese billionaire, Mr Jack Ma. The foundation, now in its fifth year, announced this year’s finalists after an intense round of semi-finale business pitches and judging held on September 1 and 2 at Norrsken House in Kigali, Rwanda. Mr Neto will be among these 10 entrepreneurs who will compete for their share of the final prize of $1.5 million in grant funding at the competition’s grand finale scheduled for

Headaches can sometimes be so painful that it can make you wonder if something more serious is wrong. Most headaches are due to tension, migraines, or sinus issues, but a sudden, severe headache can be a symptom of a more urgent problem, such as a stroke. It’s important to note that most headaches are unrelated to a stroke, says Dr. Helen Okoye a medical expert and spokesperson for the World Thrombosis Day (WTD) campaign. “However, if you or someone you know experiences a sudden, severe headache along with other neurological symptoms, seek immediate medical attention,” she says. Time is critical

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

By Adedapo Adesanya The Nigerian National Petroleum Corporation (NNPC) has announced an increase of 80.1 per cent in trading surplus for the month of December 2020. In the December 2020 edition of the NNPC Monthly Financial and Operations Report (MFOR), the agency said it recorded a trading surplus of N24.2 billion in the period under review compared with the N13.4 billion achieved in November 2020. Business Post reports that a trading surplus or trading deficit is derived after deduction of the expenditure profile from the revenue in the period under review. In a press release issued by the Group General

By Modupe Gbadeyanka A new report from Google has revealed that the demand for African developers reached a record high in 2021 against the backdrop of a global economic crisis and the impact of the COVID-19 pandemic. In the report titled Africa Developer Ecosystem Report 2021, it was found out that despite the challenges associated with the pandemic, the continent’s developer ecosystem is on the rise. Google conducted the study across 16 Sub-Saharan African countries through fielded and analysed surveys of software developers as well as interviews with local experts. With increased (+22%) use of the internet among small and

**Backs Amotekun The national executive of Okun Development Association (ODA) has distanced itself from a group known as Okun Development Association, South West Branch. The national body of the association, in a communique issued after its quarterly meeting held on January 18, 2020 in Isanlu, Yagba East LG of Kogi State, said it has nothing whatsoever to do with the group, which claimed to be the South West arm of ODA. ODA is the umbrella body representing the Yoruba people of Kogi State and in the communiqué signed by the National President, Barrister Femi Mokikan; the National Secretary, Pastor Ayo

By Dipo Olowookere The public offer of MTN Nigeria Communications Plc was oversubscribed by 139.47 per cent, details of the exercise conducted last year have revealed. In the series 1 of the sales, which commenced on December 1 and ended on December 14, the telco intended to sell 575 million shares, but it ended up allotting 661.25 million shares, indicating an additional 86.25 million units. The exercise was done in two tranches, with the first mainly for institutional investors through book building and the second tranche for retail investors at a fixed price of N169 per unit. According to MTN

By Modupe Gbadeyanka Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Maikanti Kacalla Baru, has directed the Chief Operating Officers (COOs) of the agency to start immediate implementation of the policy framework, the 12 Business Focus Areas (BUFA), aimed at institutionalizing efficiency, profitability and growth in the corporation. Mr Baru gave this order on Tuesday while receiving reports of the eight committees mandated with the task of developing appropriate strategies to drive the implementation of the 12 BUFA in the corporation. Components of 12 BUFA, initiated by the NNPC boss include: Ensuring security of NNPC assets; Developing

By Investors Hub Asian stocks turned in a mixed performance on Wednesday as investors were cautious after the People’s Bank of China set the official daily midpoint reference for the yuan at a slightly weaker than expected level. The yuan eased against the U.S. dollar in offshore trading after the currency’s daily fixing. Chinese stocks extended a recent downward move amid concerns about the escalating U.S.-China trade war. The Shanghai Composite Index fell 8.88 points or 0.3 percent to 2,768.68, although Hong Kong?s Hang Seng Index inched up 20.79 points or 0.1 percent to 25,997.03. The Japanese market also extended

By Adedapo Adesanya Following the resignation of Mr Atedo Peterside last month, Cabdury Nigeria Plc has announced Mr Adedotun Sulaiman as the new chairman of the FMCG company. In a notification to the Nigerian Stock Exchange (NSE) signed by Mrs Fola Akande, Company Secretary/Chief Counsel, the firm said Mr Sulaiman was elected chairman at a meeting of the Board of Directors held on Wednesday, July 22, 2020. His appointment was with effect from his election yesterday. Mr Sulaiman was appointed to the Board of Cadbury Nigeria Plc as a Non-Executive Director in August 2009 and has served on a number

By Dipo Olowookere Trading in the shares of Conoil Plc and 10 other companies on the Nigerian Stock Exchange (NSE) has been suspended. The firms were sanctioned today by the NSE, which prohibited the exchange of their equities on the platform for failing to adhere to rules of the stock market. A statement issued on Tuesday by the Head of Listings Regulation Department at the NSE, Mr Godstime Iwenekhai, gave the names of the other companies as FTN Cocoa Processors Plc, Goldlink Insurance Plc, Guinea Insurance Plc and Lasaco Assurance Plc. Others are Niger Insurance Plc, R.T. Briscoe (Nigeria) Plc,