Isodiol Int’l to Implement Blockchain Tech for Payment Processing

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 Adedapo Adesanya The Nigerian Association of Resident Doctors (NARD) has restated its striking position as it insists that the federal government was yet to accept its demands, indicating that the nationwide strike would continue after the proposal of a N25,000 increment. The NARD President, Dr Emeka Orji, during a press conference in Lagos State on Saturday, July 29, affirmed the development. According to him, the action will go on “until reasonable progress is made by the government to address our demands as contained in the ultimatum issued to the Federal Government on the 15th of July, 2023”. The NARD

By Adedapo Adesanya  The Lagos State Chapter of the Nigeria Medical Association (NMA) on Wednesday directed doctors working in three hospitals, General Hospital Lagos, Lagos Island Maternity Hospital, and Massey Street Children Hospital, to commence an indefinite strike action. This followed the tragic death of their colleague, Dr Diaso Vwaere, a medical house officer, from injuries sustained when a faulty elevator crashed at the hospital. The occurrence which is generating buzz and conversation around the handling of medical practitioners, happened at the Lagos General Hospital on Tuesday night. The deceased was reportedly trapped for more than 40 minutes. The medical

By Adedapo Adesanya The Coordinating Minister of Health and Social Welfare, Dr Muhammad Pate, has said Nigeria could become a hub for vaccine production and distribution in Africa, banking on his experience at GAVI. According to him, this can be achieved with the country’s large population, skilled workforce, and existing pharmaceutical industry. “On local vaccine manufacturing, as you are all aware, until I came back as a Minister, I was going to work with GAVI, an international organisation created in 2000 to improve access to new and underused vaccines for children living in the world’s poorest countries. And GAVI also

By Adedapo Adesanya Prices of crude oil jumped more than one per cent on Tuesday after the International Energy Agency (IEA) said the market should expect tighter supply. In its monthly report, the Paris-based agency revealed that the market’s supply chain will tighten in the near time due to disagreements among major producers over how much additional crude to ship worldwide. Prices would be volatile until differences were resolved among members of the Organization of the Petroleum Exporting Countries and other oil producers, it said. “The OPEC+ stalemate means that until a compromise can be reached, production quotas will remain

By FSDH Research There are huge opportunities in the Nigerian fixed income securities market for investors to create wealth. Investment in fixed income securities presents an opportunity for investors with a preference for low risk to generate regular income and reduce the volatility of the return on their investment portfolio. Fixed income instruments are used by governments and corporate organisations to borrow money from the investing public, to finance their activities either on a short-term or long-term basis. The issuers are the borrowers while the investors are the lenders. The issuers of the debt instruments promise to pay interest to

By Modupe Gbadeyanka No fewer than 12 criminal operations trading in counterfeit cartridges for HP printers have been closed down by security operatives in Nigeria. This was made possible by the determination of HP, the trusted name in the printing industry, in pinpointing these criminals to police for appropriate action. Recently, police officers raided many premises across Nigeria, including Abuja, Lagos, Edo State and Rivers State. The sites raided included outlet stores and hidden manufacturing sites for fakes. In total, the authorities confiscated 67,000 illicit printer cartridges. Speaking on the development, Director of Global Anti-Counterfeit Programme at HP, Mr Glenn

By Kester Kenn Klomegah Russia and Zimbabwe continue to strengthen traditional ties after originating back in the period of the Zimbabwean people’s struggle for independence. All these years, the bilateral relations have continued to grow stronger and its further development cannot be under-estimated. Diplomatic relations between Zimbabwe and Russia clocked 40 years. These are the historical facts the Chairwoman of the Federation Council, Valentina Matviyenko and President of the Republic of Zimbabwe Emmerson Dambudzo Mnangagwa acknowledged during their early June meeting in Harare, Zimbabwe. Matviyenko headed a delegation of Russian senators to Mozambique and continued to Zimbabwe where the Russia-Ukraine

By Dipo Olowookere On Monday, January 5, 2017, Nigeria will join others to mark the World Environmental Day 2017 with the theme ‘Connecting People to Nature.’ As part of activities lined up by the Federal Government to mark the day, there would be a sensitization walk and clean-up exercise on Saturday, June 3, 2017, in Abuja. Nigerians have been urged to be part of the walk tomorrow to show solidarity for a cleaner environment, especially when the globe was battling with climate change. On the D-day, there would be photo and art exhibition, public lecture, school debate and quiz competition,

By Aduragbemi Omiyale The first two IFRS Sustainability Disclosure Standards (IFRS S1 and IFRS S2 Standards) of the International Sustainability Standards Board (ISSB) will be launched on Monday, June 26, 2023. The exercise would be performed at the Nigerian Exchange (NGX) Group complex in Lagos by the Financial Reporting Council (FRC) of Nigeria in collaboration with the NGX Regulation (NGX RegCo) Limited. The event would be used to provide full information, support investor decision-making and facilitate international comparability to attract capital. The Standards will be launched on the same day in other cities worldwide, including Santiago, New York, London, and

By Abdullahi Dambe More facts seem to be emerging concerning the recent controversy over the National Arts Theatre, Lagos. My findings reveal that while it is true that the Central Bank of Nigeria (CBN) is championing a policy to support the creative industries via its Creative Industries Financing Scheme, and in furtherance of that, is working with the Bankers Committee to explore the development of creative hubs and zones in various parts of the country. However, unbeknown to the CBN Governor, Mr Godwin Emefiele, there is an on-going transaction for the concession of the National Arts Theatre and its surrounding

By Investors Hub European markets have edged higher on Friday, staging a modest recovery after a subdued start. Investors are keenly following the developments on the trade front and hoping the latest round of stimulus measures announced by central banks will help revive economic growth. While the French CAC 40 Index has risen by 0.4 percent, the U.K.?s FTSE 100 Index and the German DAX Index are up by 0.2 percent and 0.1 percent, respectively. Shares of French IT services company Alten have shown a significant move to the upside following a rating upgrade by SocGen. In economic news, German