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Stanbic IBTC’s Austin Ani Wins 2019 NSE Corporate Challenge

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By Dipo Olowookere

Participants of the 2019 Nigerian Stock Exchange (NSE) Corporate Challenge showed proved their determination to battle the silent-killing health scourge, cancer, by defying the heavy downpour on Saturday morning in Lagos just to be part of the one-day competitive and fun-filled 5 kilometres walk, jog and run event.

This year, NSE worked in close partnership with various sponsors, partners, and volunteers, including Stanbic IBTC, Dangote Cement Plc, Beta Glass Plc, FCMB, MTN Nigeria, FBN Holdings, IHS Towers, Transcorp, Fidelity Bank Plc, UBA, SAHCO and AIICO Plc, CSCS Plc, Seplat, EKEDC and Sterling Bank Plc.

In-kind contributions and media support were received from Emergency Rescue, Lotus Fitness, ATS Travels, Kenya Airways, Sofresh, Blackhouse Media, RecyclePoints, Channels Television, NTA, CNBC Africa, BusinessDay Newspapers, Federal Radio Corporation of Nigeria (FRCN), Television Continental (TVC), Proshare, STV, Enterprise TV, Rhythm FM, and Plus TV.

The 2019 NSE Corporate Challenge featured aerobics dance, games, music, entertainment, and free cancer screening.

At the end of the race, Mr Austin Ani of Stanbic IBTC emerged the overall winner with a completion time of 19.05 minutes, the same feat he achieved in the 2018 edition.

Paul Alabi of Aluko & Oyebode, who was the first runner up in 2018, and Aliyu Lukman of Fidelity Bank Plc were in the second and third positions, finishing the race in 19.27 minutes and 19.50 minutes, respectively.

Also, Adaobi Anikwe of the NSE emerged the fastest female runner, with a completion time of 24.58 minutes, while Rene Gabriel of Nigerian Breweries Plc emerged winner of the Senior Citizen category for runners aged 50 and above, with a race time of 22.30 minutes, same feat he achieved in the 2016 edition.

The runners were joined by top business leaders and outstanding race ambassadors such as Kate Henshaw, Waje, Omololu Shomuyiwa, Tobi Bakare, and DJ Neptune, to mention a few.

Speaking at the event, the CEO of the NSE, Mr. Oscar Onyema, noted that, “Cancer-related deaths in Nigeria are set to rise if urgent actions are not taken to raise awareness about early detection of the disease and to develop practical strategies to address the increasing burden.

“Such is the idea that inspired the NSE Corporate Challenge in 2014. In its 6th year, the NSE Corporate Challenge has adopted exercise as a vehicle to drive its cancer awareness initiative and further stress the need for regular exercise and overall healthy living as ways to reduce the risk of cancer.”

Continuing, Mr Onyema said, “It is heart-warming to see hundreds of people here today who believe in our journey to a cancer-free society and who do not care about the weather in fighting cancer.

“A lot of people could have rolled over this morning and gone back to bed with the pouring rain, but we all came out because of our passion to eradicate cancer in Nigeria.

“Hours in the rain is nothing compared to people going through chemotherapy. We believe that our message about cancer will create a ripple effect that provokes joint actions toward erasing cancer in Nigeria and have a far-reaching positive impact on the populace especially the less privileged.”

The NSE CEO also lauded the listed companies, non-listed companies, stockbroking community, other corporate organizations, government agencies as well as notable Nigerians and celebrities for their continuous support for the NSE Corporate Challenge since inception.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Jacaranda Gets Funds to Expand Affordable Maternal Healthcare in Kenya

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Jacaranda Maternity

By Modupe Gbadeyanka

To expand affordable healthcare in Kenya, Swedfund has invested about $600,000 into Jacaranda Health Limited (Jacaranda Maternity) to support innovations in neonatal intensive care and strengthen Jacaranda’s ability to provide life-saving services to underserved populations.

Jacaranda Maternity provides high-quality maternal health care at more affordable pricing than typical private providers, focusing on women in Nairobi’s low- and middle-income communities.

The new funding will support the opening of new hospitals, upgrading of neonatal care, and improvements to existing facilities.

Maternal and newborn health outcomes in Kenya remain a challenge, with maternal mortality still high despite improvements in skilled birth attendance.

Public health facilities play a central role but face capacity constraints, while access to reliable, quality care varies across regions and income groups.

Private healthcare providers offering essential maternity services at accessible price points can complement public provision.

Jacaranda Maternity aims to expand its network to six hospitals to achieve financial sustainability while scaling its impact. The healthcare provider is a recognised leader in promoting women’s health, with 71 percent of its staff being women, and a track record of effective environmental and social management.

“This investment will help Jacaranda Maternity provide life-saving care to more women and families while furthering Swedfund’s mission to promote inclusive and sustainable healthcare,” a Senior Investment Manager at Swedfund, Audrey Obara, said.

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Nigeria Secures $350,000 FAO Support to Tackle Rising Bird Flu

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By Adedapo Adesanya

Nigeria will get a $350,000 intervention from the Food and Agriculture Organisation of the United Nations (FAO) to support its response to the ongoing outbreak of Highly Pathogenic Avian Influenza (bird flu) and strengthen the country’s animal health systems.

An agreement was reached on Wednesday during a strategic meeting between the Minister of Livestock Development, Mr Idi Mukhtar Maiha, and the FAO Representative to Nigeria and the Economic Community of West African States, Mr Hussein Gadain, in Abuja.

The intervention, approved under FAO’s Technical Cooperation Programme, will support disease containment efforts in 11 affected states and enhance surveillance, coordination and response mechanisms to prevent further spread of the disease.

Speaking during the meeting, Maiha said effective disease control remains critical to improving livestock productivity and protecting the livelihoods of farmers across the country.

He explained that factors such as drought, scarcity of feed, interaction between livestock and wildlife, as well as cross-border movement of animals have contributed to the spread of diseases in some areas.

“We must continue to strengthen our animal health systems and build the capacity required to respond effectively to disease outbreaks. Our collaboration with FAO will help protect livestock assets, improve productivity and support the broader transformation of the sector,” the minister said.

Mr Gadain commended the federal government’s commitment to the development of the livestock sector and assured that FAO would continue to provide technical support to Nigeria.

He stressed the need to strengthen veterinary services at the state and community levels, improve early detection of diseases and promote biosecurity practices among livestock farmers.

The meeting also reviewed progress on the global campaign to eradicate Peste des Petits Ruminants, a highly contagious disease that affects sheep and goats.

To advance the initiative, the ministry plans to convene a national technical meeting involving veterinary institutions, researchers and practitioners to review Nigeria’s eradication strategy and address gaps in vaccine supply.

As part of preparations, the ministry will engage the National Veterinary Research Institute to assess its vaccine production capacity while exploring other options for vaccine procurement to meet national demand.

Both parties also agreed to accelerate Nigeria’s access to financing under the Pandemic Fund through the One Health approach in collaboration with the Nigeria Centre for Disease Control and the Federal Ministry of Health to strengthen preparedness and response to zoonotic diseases.

Plans are also underway for the Director-General of FAO to participate in the Antimicrobial Resistance Conference scheduled for June 2026 in Abuja, where President Bola Tinubu is expected to be recognised as the African Champion for the eradication of Peste des Petits Ruminants.

The meeting further agreed to inaugurate a Livestock Donor Working Group to coordinate development partner support and advance key initiatives, including the development of a national feed and fodder strategy aimed at improving productivity and sustainability in the livestock sector.

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Chimamanda: Euracare Raises Concerns Over MDCN Investigation Panel Process

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Euracare

By Aduragbemi Omiyale

A Lagos-based healthcare facility currently in the limelight, Euracare Multi-Specialist Hospital, has faulted the outcome of the investigation panel of the Medical and Dental Council of Nigeria (MDCN) on the death of a 21-month-old Nkanu Nnamdi Esege, son of a renowned author, Chimamanda Ngozi Adichie.

The toddler died some weeks ago after an alleged overdose of sedative propofol, with the family alleging medical negligence.

This week, the panel suspended the two doctors of Euracare, Dr Tosin Majekodunmi and Dr Titus Ogundare.

Reacting to the development in a statement, the hospital claimed it observed “a number of serious concerns that have arisen in the course of these proceedings.”

In the statement made available to Business Post, Euracare emphasised that it vouches for the “professionalism and integrity of our clinical team,” pointing out that “certain established processes and protocols have not been followed in the manner required” during the probe.

While it empathised “with the family of Master Nkanu Nnamdi Esege” over the unfortunate incident, the healthcare firm said there was a “serious breach” by the investigators that “cannot go unaddressed.”

It identified this breach as the disclosure of “matters covered by patient and institutional confidentiality” outside the appropriate channels.

Below is the full statement from Euracare;

Our attention has been drawn to widespread media reports concerning the interim suspension orders and other findings issued by the Medical and Dental Practitioners Investigation Panel against thirteen doctors, two of whom are our clinical staff members in connection with the ongoing proceedings relating to the death of Master Nkanu Nnamdi Esege. We remain fully committed to cooperating with all relevant regulatory and judicial authorities in the course of their inquiries.

We however wish to place on record our confidence in the professionalism and integrity of our clinical team. Dr. Tosin Majekodunmi and Dr. Titus Ogundare who are experienced professionals whose records of service to patients in Nigeria span many years. Both doctors have, in their respective careers, contributed meaningfully to the delivery of quality healthcare to Nigerian patients at a standard comparable to what is obtainable in the world’s leading medical facilities.

In the interest of transparency, since the commencement of this matter, we have conducted a thorough internal review of the clinical events in question, in line with our clinical governance standards and best practices. We have actively demonstrated our commitment to transparency and will continue to engage openly with all inquiries directed at us.

We are also compelled to draw attention to a number of serious concerns that have arisen in the course of these proceedings. It is our position that certain established processes and protocols have not been followed in the manner required. We have further noted, with deep concern, that matters covered by patient and institutional confidentiality appear to have been disclosed outside the appropriate channels, and we consider this a serious breach that cannot go unaddressed.

We wish to state that we stand by the principles of equality, fairness, and good governance. Every party in this matter, including our institution and our staff, is entitled to a process that is conducted with rigour, impartiality, and respect for the rules that govern it. We will be raising these concerns through the appropriate legal and regulatory channels.

We continue to empathize with the family of Master Nkanu Nnamdi Esege. The loss of a child is a grief without measure, and we carry that awareness in everything we say and do in relation to this matter.

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