US Govt. to Train Nigerians on Advanced PHEM Program

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 Bliss Okperan The Bill Gates Foundation has selected nine Nigerian health startups, along with 20 others from other parts of Africa, for a $50,000 equity-free grant to boost the healthcare supply chain on the continent. The nine Nigerian small firms were chosen as part of Investing in Innovation Africa (i3), a pan-African initiative for startups in the healthcare supply chain. The Nigerian companies which make up the second cohort include Famasi, Aimcare, Afia, Drugstore Nigeria, Healthtracka, Octosoft Technologies Limited, Pharmarun, Pharmaserv Health Project Nigeria Ltd, and Wella Health. The cohort includes startups that are building online pharmacies and telemedicine

By Modupe Gbadeyanka The management of the Lagos University Teaching Hospital (LUTH) has been praised for maintaining the N200 million WARD-A Block renovated by Airtel Nigeria two years ago. The telco, led by its chief executive, Mr Carl Cruz, inspected the facility last week and was impressed with the high maintenance culture of the health institution. “We are pleased to observe that the collaboration with LUTH has continued to touch the lives of so many Nigerians. “The outstanding leadership of LUTH also deserves our commendation for how well they have kept the equipment and building for the past two years.

By Adedapo Adesanya The International Federation of Pharmaceutical Manufacturers and Associations (IFPMA) and Speak Up Africa have announced the CEO of Nigeria’s healthtech startup, Mrs Teniola Adedeji, alongside Dr Ochora Moses (Uganda) as the winners of the second edition of the Africa Young Innovators for Health Award. The announcement was made at the Galien Forum Africa, which celebrates creativity and excellence in science in Africa. The Africa Young Innovators for Health Award supports pioneering young entrepreneurs with financial and in-kind opportunities they need to advance their innovations for better health outcomes in their communities. Mrs Izath Nura (Uganda) and Mr

By Dipo Olowookere The secondary market for treasury bills traded bullish on Wednesday as investors renewed their demands for the debt instrument. Business Post reports that yields fell across the tenors at yesterday’s session, with the exception of the 12-month maturity, which closed flat. At the close of business transactions on Wednesday, the average yields went down by 0.07 percent to settle at 12.06 percent. An analysis of the yield trend indicated that the one-month bill lost 0.13 percent to settle at 10.71 percent, the three-month instrument went down by 0.12 percent to finish at 11.61 percent, the six-month bill

By Dipo Olowookere Mr Usman Gur Mohammed has been appointed as the Managing Director of Transmission Company of Nigeria (TCN). From 2012 to 2016, Manitoba Hydro International of Canada ran TCN as a management contractor and with the exit of Manitoba, Mr Mohammed comes with a clear mandate to review, validate and implement of the best management structure, strategy, business plan and processes to take TCN, both TSP and ISO, to the next level of operational effectiveness. Mr Mohammed has resumed duty with a 12 month non-extendable deadline to complete his transformational mandate and set TSP and ISO on a

By Aduragbemi Omoyale More than 100,000 plastic bottles were recently removed from a Lagos beach by hundreds of employees of Unity Bank Plc and three non-government organisations (NGOs); Recycling Scheme for Women and Youth Empowerment (RESWAYE), MEDIC and KBG. It was to mark the 2022 World Earth Day and part of the bank’s corporate social responsibility aimed at leading major collaborative initiatives for climate action and promoting environmental sustainability. A statement from the financial institution disclosed that no fewer than 200 of its members of staff, as well as over 100 members of RESWAYE thronged the venue of the cleaning

By Dipo Olowookere Nigerian stocks recorded a marginal gain of 0.04 per cent on Monday, with 25 equities closing in green, while 17 shares closed in red. Linkage Assurance and Transcorp were the best-performing stocks yesterday as they appreciated by 10.00 per cent each to settle at 88 kobo and 88 kobo respectively. Cornerstone Insurance gained 9.62 per cent to trade at 57 kobo, Fidson grew by 9.09 per cent to N4.80, while Unity Bank appreciated by 8.47 per cent to 64 kobo. On the flip side, Conoil was the heaviest price loser with a decline of 9.33 per cent

By Adedapo Adesanya The Transmission Company of Nigeria (TCN) has absolved itself from the current load shedding and epileptic power supply experienced in various parts of the country, saying it only distributes what is generated through the national grid per hour or on the day-ahead nomination. The TCN said that a combination of issues ranging from gas constraints, fault, and technical problems within generating plants caused persistent low generation and consequently low load allocation to Discos nationwide. According to the statement by its General Manager Public Affairs, Mrs Ndidi Mba, TCN notified electricity consumers that the current load shedding being experienced

Of the 18 warriors selected for the Gulder Ultimate Search Season 12 Age of Craftsmanship, 14 of them were men while only four were women. With seven contenders remaining after weeks of strenuous tasks, three of them are women and only one woman has been evicted so far while 10 men have been sent home. Of course one would expect that since there were more men at the beginning of the show, it is only normal that more men will be evicted. What is however significant is the proportion of the number of men who have been evicted compared to

By Adedapo Adesanya The new trading week at the foreign exchange market saw a diverse performance for the Naira against the major listed currencies across the various segments of the market on Monday, September 23, 2019. At the Investors and Exporters (I&E) window, the Naira, which depreciated last Friday to N362.39/$1, appreciated on Monday by 0.05 percent or 18 kobo to close against the American currency at N362.21/$1. This occurred as the daily market turnover went down by 263.26 million or 59.5 percent from total volume of $442.36 million exchanged on Friday to $179.10 million recorded on Monday. At the

By Adedapo Adesanya  The family of the late founder of Agusto & Co., Mr Bode Agusto, who passed on Thursday, October 19, has confirmed that the celebrated accountant died after a brief battle with pancreatic cancer, a disease in which malignant cells form in the tissues of the pancreas. According to a statement seen by Business Post, Mr Agusto died at the age of 68 in the Algarve, Portugal yesterday, in the company of his family. It was added the former Director General and Adviser on Nigeria’s budget matters will be interred in Portugal according to Islamic rites, adding that