Glucose Health, Amazon Partner to Expand Distribution

By Ifthakaar Shaik The African healthcare industry faces an immediate challenge: a dire shortage of skilled professionals, leading to alarmingly low doctor and nurse-to-population ratios in many countries. Training medical professionals, especially specialists like pathologists or oncologists, is a multi-year-long process. Moreover, foundational education at the primary and secondary levels is crucial to supply tertiary institutions with a stream of candidates equipped with the necessary aptitude, literacy, and numeracy skills to pursue medicine. Recent technological leaps catalysed by the COVID-19 pandemic and expanding telecommunications infrastructure, including ventures like Starlink, have bridged some of the distance between communities in need of

By Modupe Gbadeyanka No fewer than 400 patients have undergone free cataract surgeries in Enugu State courtesy of GBfoods and its partners, Fundacion Elena Barraquer and Niger Foundation Hospital and Diagnostic Centre. The beneficiaries enjoyed the gesture in a five-day programme aimed at reducing cases of cataracts, a leading cause of preventable blindness, giving hope to individuals who had been suffering from impaired vision. The beneficiaries of the medical intervention included couples, young adults, and elderly patients, many of whom had previously relied on their wards and relatives for daily activities. With the restoration of their sight, these individuals now

By Aduragbemi Omiyale A smart recycling hub has been unveiled at the Ojoo terminal in Ibadan, the Oyo State capital, courtesy of a waste management consultant, Mottainai Recycling Limited. The facility was opened on Monday at a ceremony attended by the representatives of the state government, the consultant, and the Akinyele Local Government, among others. The Director of Environment of the local council, Mrs Ahmed B.D., said the initiative was aimed to raise awareness among traders, market women, and the general public about climate change, stressing the hazards and consequences of indiscriminate waste disposal, and other undesirable waste management practices.

Renewable technologies are evolving at a rapid pace and there has been a dramatic decline in the costs associated with its procurement. This provides an opportunity for corporates to reap the benefits of procuring renewable energy directly from generators through the use of a power purchase agreement (corporate PPAs). Corporate PPAs aim to provide corporates with lower or more stable electricity costs and grid reliability and can contribute significantly to their sustainability targets. This is according to Mike Webb, Senior Associate in the Banking & Finance Practice at Baker McKenzie in Johannesburg. He notes, however, that despite these benefits, corporate

By Adedapo Adesanya Nigeria’s revenues and foreign exchange earnings have taken a 60 per cent plunge due to the COVID-19 pandemic, the Presidency said on Monday. The Vice President, Mr Yemi Osinbajo, specifically made this disclosure at the start of the first-year ministerial performance review retreat taking place in Abuja, where he delivered the President’s speech. President Muhammadu Buhari was absent at the programme because he jetted out of the country for the ECOWAS summit in the Niger Republic. “As a result of the poor fortunes of the oil sector, our revenues and foreign exchange earnings have fallen drastically. Our

By Adedapo Adesanya The Executive Vice Chairman of the Nigerian Communication Commission (NCC),  Mr  Garba Umar Dambatta, has lamented the impact of vandalism on the nation’s telecommunications industry. Mr Dambatta said the scourge is having negative impacts on Nigeria’s economy and called on Nigerians to ensure adequate protection of telecommunications infrastructure spread across the 36 states of the federation. He made the call during the Telecom Consumer Village Square Dialogue held at the School of Basic Midwifery, Dambatta, Kano State. The industry regulatory agency boss, who was represented at the event by Mr Bako Wakili, underscored the need for the

By Adedapo Adesanya Brent crude oil price opened the week in the negative territory as a spike in COVID-19 cases in Asia halted the recent rally by 2 per cent before this week’s meeting by the Organisation of the Petroleum Exporting Countries and its allies (OPEC +). On Monday, the price of the Brent futures fell by $1.52 or 2 per cent to settle at $74.66 per barrel while the West Texas Intermediate (WTI) crude futures rose by $1.21 or 1.63 per cent to close at $74.05. Concerns about a spike in coronavirus infections in Asia impacted that market with

By Dipo Olowookere The bears have refused to give the bulls a breathing space on the floor of the Nigerian Stock Exchange (NSE) and for the sixth consecutive session, the local equity market suffered a loss on Tuesday. The heavy profit-taking by investors weakened the local bourse further by 0.35 percent, reducing the All-Share Index (ASI) by 101.13 points to 28,432.27 points and the market capitalisation by N52 billion to N14.645 trillion. Only seven stocks appreciated in price yesterday as 23 equities closed in red led by CAP, which lost N2.40 to settle at N22.60 per unit. Dangote Sugar depreciated

By Investors Hub The major U.S. index futures are pointing to a higher opening on Friday, with stocks poised to regain ground following the sell-off seen in the previous session. Bargain hunting may contribute to early strength on Wall Street after trade war concerns dragged stocks sharply lower on Thursday. Stocks showed a substantial move to the downside during trading on Thursday, with the major averages adding to the modest losses posted on Wednesday. The major averages ended the session near their worst levels of the day. The Dow plunged 724.42 points or 2.9 percent to 23,957.89, the Nasdaq tumbled

By Adedapo Adesanya Mobile phone giant, Huawei, has announced the winning entries for its Huawei HMS App Innovation Contest, stylised as AppsUP, with developers from across the regions impressing judges with their innovative approaches to app creation. Participants were encouraged to push the full potential of HMS Core and innovative new experiences for Huawei device users. The inaugural competition challenged app developers across the Middle East and Africa (MEA) region and beyond to create exciting applications that help people in their daily lives. The winners from the MEA region will share $200,000 cash prizes in total, funded by Huawei’s Shining-Star

By Dipo Olowookere Leading multinational, General Electric (GE), has officially launched the permanent installation of the Lagos Garage, a hub for advanced manufacturing-based innovation, strategy development, idea generation and collaboration. Co-located with the GE Lagos offices in Victoria Island, the Lagos Garage will offer a year-round series of skills training programs focused on building the next generation of Nigerian entrepreneurs. Participants will be trained to use the latest in advanced manufacturing technologies; 3D printers, CNC mills, and laser cutters in the first-ever fabrication lab in Nigeria, driving innovation in the country. They will also learn how to apply the core