Two Firms Partner to Offer Joint Informatics Solutions

In today’s world where modern technology has us glued to our screens, teens and adults alike are woefully inactive. According to the World Health Organisation (WHO), global estimates show that one in four adults and more than 80% of adolescents do not do enough physical activity. Physical activity is critical for human health, and adopting a healthy lifestyle that includes regular physical activity is one of the most important things a person can do to improve their health and well-being. Evidence is emerging that shows that physical inactivity is associated with a heightened risk of serious illness and death. On

By Modupe Gbadeyanka The Lagos State House of Assembly has called for the immediate arrest of a doctor who performed surgery on a boy, Adebola Akin-Bright, whose intestines went missing in the process of going under the knife. At the plenary on Tuesday, the parliament urged the Lagos State Governor, Mr Babajide Sanwo-Olu, to provide funds for the treatment of the boy outside the country. It was alleged that the 12-year-old Adebola underwent surgery at a private hospital, Obitoks Medical Centre, in the Alimosho area of the state. He is currently at the Lagos State University Teaching Hospital (LASUTH) receiving

By Modupe Gbadeyanka The medical practitioner who performed surgery on the late 12-year-old Adebola Akin-Bright at the Obitoks Hospital in the Alimosho area of Lagos State, Dr Abayomi Baiyewu, has been described as a quack surgeon. The Chairman of the Lagos State House of Assembly ad-hoc committee with the mandate to investigate the circumstances that led to the disappearance of Adebola’s small intestine, Mr Noheem Adams, said the doctor was not qualified to carry out the exercise. Adebola died on Tuesday at the Lagos State University Teaching Hospital (LASUTH), Ikeja, where he was receiving treatment after he underwent surgery two

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 Adeniyi Ogunfowoke The price of crude oil has been crashing after years of successive boom. Nigeria as an oil producing and a dependent nation has immensely benefitted from this oil explosion since its discovery in Oloibiri in 1956. Reports showed that Nigeria earned N77.348 trillion from the oil and gas industry from 1999 to 2016. For oil, the country abandoned and abdicated agriculture as soon as sweet crude was discovered. Even when agriculture monies were used to build the cocoa house in West, the groundnut pyramids in North and the large expanse of oil palm in the East; every

By Adedapo Adesanya The Nigerian government has approved tax exemption and rebate for 5 years and a single-digit loan interest rate for sports investors under the National Sports Industry Policy (NSIP). This was disclosed in a statement by the Federal Ministry of Youth and Sports at the end of the Federal Executive Council (FEC) meeting held on Wednesday. The statement noted that the policy would also support athletes through an Independent Athletes Welfare Fund (AWF), adding that it was proposed by the Ministry of Youth and Sports Development. “This approval was given during its meeting on Wednesday, bringing to a

By Modupe Gbadeyanka The process for the commencement of next year’s budget has been approved by the Federal Executive Council (FEC). At the FEC meeting held on Wednesday in Abuja, which was presided over by President Muhammadu Buhari, the Minister of Budget and National Planning, Mr Udoma Udoma, told newsmen that the Medium Term Expenditure Framework (MTEFF) and Fiscal Strategy Paper (SFP) for 2017-2019 was okayed by the council. According to Mr Udoma, before the MTEFF was presented to the council for consideration, there was an extensive consultation with the private sector, governors and non-governmental organisations. He explained that while

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 The Association of Bureaux de Change Operators of Nigeria (ABCON) has said the continued suspension of foreign exchange (forex) to its members is already taking its toll on the nation’s economy. In July 2021, the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, after a monetary policy committee (MPC) meeting in Abuja, announced the suspension of FX sales to BDC operators in the country. Before the embargo, the apex bank was selling forex to about 5,000 BDCs in the country as part of efforts to defend the Naira against the Dollar in the currency

By Dipo Olowookere The Nigerian Stock Exchange (NSE) further closed marginally lower on Wednesday, extending the downward trend to the second trading day. Business Post reports that there were profit taking activities recorded in the banking space, especially on tier one banks. At the close of transactions, the equities market went down by 0.06 percent with the Year-to-Date (YtD) gain shrinking further to -0.73 percent. While the market capitalisation depreciated by N9 billion to settle at N13.753 trillion, the All-Share Index (ASI) reduced by 24.61 points to finish at 37,963.93 points. The market breadth on Wednesday ended negative with the

By Dipo Olowookere The management of Transcorp Plc has assured its stakeholders, including shareholders, that the unfortunate fire incident of Saturday, October 26, 2019 did not in any way affect its operations. The firm, in a statement signed by its Chief Executive Officer, Mr Valentine Ozigbo, on Saturday night, stated that no injury was sustained by any personnel. It further said likewise, no vital documents were lost to the inferno, which the company said occurred at the building next to its headquarters in the Ikoyi area of Lagos State. However, the statement noted that Transcorp suffered a limited damage to

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