Medicaid, AstraZeneca Partner to Tackle Prostate Cancer in Nigeria

By Adedapo Adesanya Scientists Katalin Kariko and Drew Weissman won the 2023 Nobel Prize in Physiology or Medicine for discoveries enabling the development of COVID-19 vaccines, the award-giving body said on Monday. The prize, among the most prestigious in the scientific world, is selected by the Nobel Assembly of Sweden’s Karolinska Institute Medical University and also comes with 11 million Swedish crowns (about $1 million). “The 2023 Nobel Prize in Physiology or Medicine has been awarded to Katalin Karikó and Drew Weissman for their discoveries concerning nucleoside base modifications that enabled the development of effective mRNA vaccines against COVID-19,” the

 By Adedapo Adesanya A new report from SB Morgen Intelligence has shown that prices of drugs have skyrocketed by as much as 1,000 per cent in the last four years, raising worries about Nigerians being able to treat themselves using orthodox methods. In the report Paying the Price on Health, the firm analysed the impacts of the Nigerian economy and foreign exchange crisis on the prices of essential medicines in the country. It was found that between 2019 and 2023, there were massive surges across four broad categories of Antimalarial, Antibiotics, Painkillers and Common Cold medicines. The report indicates that antibiotics

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 Dipo Olowookere An innovative food manufacturing company, Elkris Bio-Health, has introduced a new breakthrough anti-high blood pressure supplement into the Nigerian market. The natural organic all-in-one drug, Elkris Bio-Health Plus Supplement, according to the firm, has a noticeable reduction in BP reading within 15 to 25 minutes of ingestion. The bioceutical capsule was formulated to control high blood pressure, cholesterol and blood sugar levels, as well as neutralise pressure within blood vessels, and clean up excess glucose, harmful chemicals, and excess salt. “The EBP Bioceutical Capsule is designed as a guaranteed neutraceutical that brings blood pressure, cholesterol and blood

By Aduragbemi Omiyale The Central Bank of Nigeria (CBN) has commenced the distribution of the newly redesigned Naira notes ahead of the planned introduction into circulation on Thursday, December 15, 2022. According to the Director of Currency Operations at the CBN, Mr Bello Umar, the distribution of the new banknotes commenced yesterday, and it is to the branches of the apex bank across the country. It was gathered that from there, the new notes, N200, N500, and N1,000, would be disbursed to commercial banks and other financial institutions. However, he stressed that the January 31, 2023, deadline for the return

By Investors Hub The major U.S. index futures are pointing to a higher opening on Monday, with positive developments on the trade front generating buying interest. The upward momentum on Wall Street comes after President Donald Trump announced he intends to postpone a planned increase in U.S. tariffs on Chinese imports. Trump said the decision to delay the tariff increase reflected ?substantial progress? in the ongoing trade talks between the U.S. and China. The president said the U.S. and China have made progress on ?important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many other issues.?

By Adedapo Adesanya The Open Forum on Agricultural Biotechnology (OFAB), a biotechnology informative platform, has advised the federal government to position itself to achieve $638 million through cowpea export in six years. This came as the platform called for the adoption of Biotech treatment for cowpea production and export by the federal government. Mrs Rose Gidado, OFAB Country Coordinator said the figure was based on a study conducted by Programme for Biosafety Systems (PBS) and International Food Policy Research Institute (IFPRI), under Biosafety and Biotechnology Rapid Assessment and Policy Project (BioRAPP). Mrs Gidado said that the adoption of Pod-borer Resistant

By Modupe Gbadeyanka Reports of a young man claimed to be 19-year-old, but actually a 29-year-old, according to latest information, allegedly breaking into an account domiciled with Wema Bank Plc is creating panic among some customers of the financial institution. The reason for this fear is the safety of their deposits with the lender. It was reported in the media that last Wednesday, one Nonso Okereke, was arraigned before an Igbosere Magistrates’ Court in Lagos for allegedly hacking into a Wema Bank account in connivance with one 36-year-old Emeka Onumba to transfer N4 million. The Prosecutor, Inspector Ingobo Emby, who

By Dipo Olowookere Ninety-three teachers from Luxor technical secondary schools have successfully completed a 4-week training program on entrepreneurship education, organized by the United Nations Industrial Development Organization (UNIDO) in cooperation with the Ministry of Trade and Industry and the Ministry of Education and Technical Education. The training program is part of UNIDO’s IMKAN project for youth employability and entrepreneurship in Upper Egypt, which is funded by the Government of Japan. The intensive program, which was conducted in Luxor and Cairo, was held with the objective of training the teachers on how to integrate entrepreneurial skills within the subjects they

By Dipo Olowookere Wema Bank Plc has been praised by small business owners in Edo State for equipping them with the skills needed to scale up their operations. Between May 22 and 26, 2023, the financial institution trained 250 participants on business management skills, entrepreneurial knowledge, and financial and marketing management skills to boost the success of Small and Medium Enterprises (SMEs) in the South-South region of the country. The workshop, organised under the Wema Bank SME Business School, was the fifth edition held at the Uyi Grand Event Centre, Benin City, the state capital, and comprised SME customers and

A new pay TV platform called Bobbles TV has launched in Europe on Wednesday, August 10, 2016. The platform said its service can be received throughout Europe via satellite and internet. Bobbles.tv targets around 14 million people from Asia, Latin America and Africa living and working in Europe. For the launch bobbles.tv will offer 25 Chinese and Indonesian TV channels. Programs for Indian, Korean and Vietnamese communities will follow in November. The Hamburg-based startup is driven by bubbles media, whose partners are among others the experienced German media managers Arnold C. Kulbatzki and Dr Torsten Rossmann. Mr Kulbatzki, founder and

By Modupe Gbadeyanka Nigerian oil mogul, Mr Femi Otedola, has announced the completion of the sale of his energy company, Forte Oil Plc. In a post on his verified Instagram page on Wednesday, the Chairman of Forte Oil Plc, a firm listed on the Nigerian Stock Exchange (NSE), said he was exiting the business so as to focus on his power generation ventures, Geregu Power Plc. In December 2018, Forte Oil said Mr Otedola, its controlling shareholder, was divesting his holdings in the company to another oil firm, Prudent Energy. “Otedola’s divestment from the downstream business is pursuant to his