MSF Nurse Wins HIV-TB Prize for Life-Saving Test Research

By Ifeanyi Onuba The Nigerian Sovereign Investment Authority (NSIA) has convened critical oncology stakeholders and strategic partners at the maiden edition of the NSIA Oncology Summit in Lagos. The move, according to a statement from NSIA on Wednesday, is to drive collaborations amongst partners and improve overall patient outcomes in cancer care. Participants at the Summit included over 200 medical professionals in oncology, over 11 Nigerian tertiary hospitals, as well as over 10 external collaborators from the University of Chicago; American Oncology Institute India; American Society of Clinical Oncology (ASCO); Bio Ventures for Global Health (BVGH); Memorial Sloan Kettering Cancer

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 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 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 Dipo Olowookere The board of Stanbic IBTC Plc on Friday announced surrendering its licence as a Venture Capital Manager. This information was made known in a statement issued to the Nigerian Stock Exchange (NSE). The firm disclosed the release of the operating licence of Stanbic IBTC Ventures Limited (SIVL), a subsidiary of Stanbic IBTC Holdings Plc, was “entirely voluntary.” According to the statement, Stanbic IBTC wrote to the Securities and Exchange Commission (SEC) and has been granted a “No Objection.” “We also would like to state that SIVL does not have any Venture Capital obligations with any of its

By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) will on Wednesday conduct the sale of fresh treasury bills worth N33.38 billion. This will partly offset the maturing treasury bills worth N473.40 billion, analysts at Cowry Asset disclosed in their weekly report. During the proposed exercise via the primary market, the apex bank will sell 91-day bills worth N3.38 billion, 182-day bills worth N10.00 billion and 364-day bills worth N20 billion. The stop rates are expected to inch higher for all maturities amid heightened political uncertainty in the country this week. “Although CBN will be poised to mop up excess

By Adedapo Adesanya The African Petroleum Producers Organisation (APPO) has supported the recent decision by the Organisation of the Petroleum Exporting Countries and allies (OPEC+) to cut production by around 2 per cent. Speaking on the sidelines of the ongoing Africa Oil Week in Cape Town, South Africa, the Secretary-General of the group, Mr Omar Farouk Ibrahim, said, “It is a decision well taken.” “I believe it is the right thing to do to save the industry and also to ensure that there is stability for today and tomorrow,” he added. The decision by OPEC, which includes major oil producers

By Modupe Gbadeyanka Shareholders of Stanbic IBTC Holdings Plc will receive cash reward for the period ended June 30, 2019, the board of directors of the company has announced. A notice to the Nigerian Stock Exchange (NSE) from the firm said investors in the company will get a payment of N1 per ordinary share of 50 kobo, the highest interim dividend declared so far in the banking sector this year. According to the disclosure, the cash payment, which is in total of N10.5 billion, would be paid to shareholders whose names appear in the register of members as at the

By Modupe Gbadeyanka The local currency received another boost on Tuesday with the injection of an additional $210 million into the foreign exchange market. The intervention was provided by the Central Bank of Nigeria (CBN) and was made to fortify the nation’s inter-bank forex market. Spokesman of the apex bank, Mr Isaac Okorafor, who confirmed the injection, reiterated CBN’s capacity to continue to sustain the foreign exchange intervention. It was gathered that the central bank sold $100 million to authorised dealers in the wholesale segment of the market, while both the Small and Medium Scale Enterprises (SMEs) and the invisibles

By Modupe Gbadeyanka News reaching us from Abuja reveals that Vice Chancellor of the Ahmadu Bello University (ABU) in Zaria, Kaduna State, Prof Ibrahim Garba, has disclosed that Senator Dino Melaye actually graduated from the institution. Prof Garba appeared before Senate on Monday to clarify the certificate scandal trailing the lawmaker representing Kogi West Senatorial District at the National Assembly. While answering questions from the Senate Committee on Ethics, which invited him, the VC emphasised that from the records available to him, the Senator graduated from the school in 2000 with a BA in Geography. He said Senator Dino Melaye

By Modupe Gbadeyanka A deal worth N232 million has been signed by Biase Plantations Limited (BPL) and Heritage Bank to boost oil palm production in Nigeria. The agreement was sealed on Friday in Lagos by both organisations in the presence of their top management staff. Managing Director of Heritage Bank, Mr Ifie Sekibo, explained that the deal was signed as part of efforts to support government’s diversification agenda. He said the out-growers agreement would reposition the country as the highest oil palm producer in the world. “We are on a quest to restoring a lost glory in Nigeria and today

By Adedapo Adesanya The PlayStation 5 is set for release on November 12 and many gaming enthusiasts are already on their seats since it was first hinted last year that the popular gaming console would be released. Sony, the makers of the game franchise, on Wednesday noted that the November 12 release date will apply to the US, Japan, Mexico, Australia, New Zealand, and South Korea, with the rest of the world getting the new console on November 19. Sony also noted that it was yet to finalize a release date for China, which it’ll announce at a later time.