Category: Featured

  • Army dimisses rumour of Maiduguri planned terrorist attack

    Army dimisses rumour of Maiduguri planned terrorist attack

    By Jennifer Y Omiloli

    The Nigerian Army has denied claims of a trending rumour of planned terrorist attack on some selected populated areas and facilities in Maiduguri metropolis and neighbouring areas.

    Saying that the rumor is a means to inflict fears and casualty on innocent residents.

    Deputy Director Army Public Relations Colonel Ado Isa in a statement assured the public that necessary measures have been put in place by Headquarters Theatre Command, Operation Lafiya Dole, to checkmate the purported evil plans of the criminals.

    “Information circulating on social media revealed that some mischievous elements are insinuating and peddling rumours of ‘terrorists’ plan to execute deadly attacks on some selected populated areas and key facilities in Maiduguri town and neighbouring areas in order to cause panic and inflict casualty on innocent Nigerians,” the statement said.

    The statement added that the troops in the theatre have been committed to ensure movements and activities of the terrorist are effectively thwarted.

    “Troops are also in staging positions in line with the Super Camp Concept to destroy the bandits whenever they are seen. Consequently, members of the public are urged to disregard the rumour of ‘deadly attacks’ on Maiduguri and environs. The fake news is circulated by mischievous elements and other collaborators of the criminals with the aim to instil fear and panic in the minds of the people as well as to sabotage the efforts of the military and other security agencies in the struggle to end the menace” Operation Lafiya Dole spokesperson said.

    He however, enjoined the public to disregard the alleged attacks on Maiduguri city and environs and go about their routine lawful businesses without fear or hindrance.

    He also caution the public to be more vigilant and report unusual/suspicious presence or movements of persons especially at important public places like markets, schools, mosques and churches as well as venues for occasions to security agencies.

  • FG indicates commitment to healthcare service delivery

    FG indicates commitment to healthcare service delivery

    By Jennifer Y Omiloli

    The Federal Government has indicated its commitment to providing healthcare service delivery, saying this remaining parts a noteworthy need of the President Muhammadu Buhari-drove organization.

    The Minister of Health, Dr Osagie Ehanire, expressed this at the 50th commemoration of Postgraduate Medical Education in Nigeria on Wednesday, in Abuja.

    The commemoration is additionally the fourteenth Annual Scientific Conference and All Fellows’ Congress, under the subject “50 Years After: Achievement and Challenges”.

    Ehanire said that the 50th commemoration was representative, including this was coming at a time the Federal Government was wanting to putting resources into the wellbeing segment.

    He included that social insurance conveyance remained a definitive objective of any nation, including that it had the capability of enhancing the business status of the nation, including “a solid country would stay a well off country”.

    The minister said that the Buhari-drove organization had, over the most recent couple of years, indicated duty and enthusiasm for essential medicinal services and the National Health Insurance Scheme (NHIS).

    He said that endeavors were additionally being made to shorten mind channel and alter the course, expressing that Nigeria had been losing billions of naira to medical tourism which could have been utilized to build up the nation’s human services framework.

    Ehanire additionally communicated good faith that the result of the 50th commemoration would help the legislature in the human services conveyance.

    He noticed that the school had prepared exceptional therapeutic work force, including that little wonder its alumni were in extreme interest, which, as indicated by him, meant that great preparing.

    The priest said that the Federal Government would guarantee that the nation’s medicinal services framework was better and as per worldwide standard.

    Prof Nimi Briggs, an eminent obstetrician and gynecologist, who conveyed the keynote address, approached state governments to quit paying lip administration to human services conveyance.

    As indicated by him, it profits on them to realize that social insurance conveyance is a piece of their essential obligations.

    Briggs, who noticed that the preparation of specialists in Nigeria was costly, added that losing them to nations with progressively medicinal specialists in light of the great condition was a prosecution with respect to the nation’s administration.

    He said that some advancement had been made in the wellbeing division and that the nation’s maternal death rate had dropped fundamentally.

    Dr Lilly Tariah, the President of the school, said that 2019 denoted the 50th year that the school embraced preparing of authorities in clinical drug.

    He said at the hour of freedom, the quantity of authority specialists in the nation was not many, including that they were altogether prepared abroad in light of the fact that there were just two colleges in Nigeria.

    As per him, for the nation to be genuinely autonomous in human services, it needs to assume responsibility for the generation of restorative specialists, yet in addition, those that will prepare the specialists in the therapeutic school.

    “We are today celebrating the young specialists who believed they could start the training of Nigerians in Nigeria in 1969,” he said.

    Dr Emmanuel Akabe, the Deputy Governor of Nasarawa, in his altruism message, depicted the 50 years of presence of the school as energizing, saying that 27 years back, he was an understudy of the school.

    Akabe said that the voyage was extreme as a restorative specialist at the College of Medicine, University of Ibadan, as he needed to take night transports, including anyway that as a legislator, the reasoning was presently unique.

    While urging medical doctors to join politics, Akabe said “although people say politics is a dirty game, if we keep saying it is dirty, it will continue to be dirty; more and more of us should join politics and make good impacts.”

  • Nokia 7.2 with 48-megapixel camera launched in India

    Nokia 7.2 with 48-megapixel camera launched in India

    HMD Global on Thursday announced the launch of Nokia 7.2 in India. Set to go on sale on September 23, Nokia 7.2 will be available via Nokia.com and Flipkart at a starting price of Rs 18,599 for the 4GB, 64GB variant.

    The top-end model with 6GB RAM and 64GB storage will be available for Rs 19,599. The smartphone will be available in Charcoal and Cyan Green colour options.

    Nokia 7.2: Offers for online, retail

    Customers purchasing Nokia 7.2 from the company’s official e-store will receive Rs 2,000 gift card. The offer is available till October 31, 2019. Customers buying the phone from Flipkart will receive an additional Rs 2,000 off on exchange.

    Flipkart customers will also be eligible for 5% cashback on buying the phone using HDFC Bank Debit Cards. During Flipkart’s Big Billion Days sale, Nokia 7.2 buyers will get 7.2% instant discount. The sale starts on September 29.

    For retail customers, HMD Global is offering 10% cashback on buying the phone using HDFC Bank Credit and Debit cards on EMI and regular transactions done through Pinelabs terminals. Customers will also receive 10% cashback on buying the phone through HDFC consumer finance.

    Source: HMD Global

  • Buhari appoints Folashade Yemi-Esan as head of service

    Buhari appoints Folashade Yemi-Esan as head of service

    By Jennifer Y Omiloli

    Dr. Mrs. Folashade Yemi-Esan has been approved with immediate effect as the Acting Head of the Civil Service of the Federation by President Muhammadu Buhari.

    According to the press release signed by Willie Bassey, the director of Information, Mrs Yemi-Esan, the permanent secretary, Ministry of Petroleum Resources will take over from Winifred Ekanem Oyo-Ita.

    Oyo-Ita was also directed to go on an indefinite leave so that there could be a clear conclusion of the investigation being carried out by the Economic and Financial Crimes Commission.

    Buhari also approved the extension of the tenure of seven retiring permanent secretaries for a year.

    This was done to ensure stability in the federal civil service and effective delivery on the nine priority areas of the administration as well as the mandates given to the new ministers.

  • Ekiti APC rejects tribunal sack of Adeyeye

    Ekiti APC rejects tribunal sack of Adeyeye

    By Jennifer Y Omiloli

    The All progressives Congress (APC) in Ekiti state has rejected the sack of Prince Dayo Adeyeye by the National Assembly election petition tribunal.

    According to the party, the judgement amounted to travesty of justice. They insisted that the APC won the February 23, 2019, senatorial election in the state.

    Going further, the party described the judgement as a strange and clear negation of the wishes of the people in the senatorial district.

    “We are surprised by the outcome of the tribunal; we reject it and it will not stand the test of time, because the people voted for APC.

    ”The outcome was meant to rob us of victory and put our party in disarray as well as raise unnecessary dust in the area, but we are not bothered,” Hon Akin Akinbobola, APC senatorial chairman in the district said.

  • Chief Finance Officer of Lafarge Africa resigns

    Chief Finance Officer of Lafarge Africa resigns

    By Jennifer Y Omiloli

    Lafarge Africa Plc on Wednesday announced the resignation of its Chief Finance Officer, Mr Bruno Bayet through a notification letter to the Nigerian Stock Exchange (NSE).

    Mr Mobolaji Balogun, the company’s Chairman, commended Bruno for his personal commitment, dedication and the significant contributions made during his three years at Lafarge Africa in the letter.

    Balogun said that the company had initiated the process of finding a new Chief Finance Officer and would be considering internal and external candidates.

    He said that Mrs Marie-Christiane Kaul-Meledge would assume the role of interim Chief Finance Officer until a successor was appointed.

  • GenCos releases 3,367 MWH of electricity to national grid – report

    GenCos releases 3,367 MWH of electricity to national grid – report

    Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, said they released an average of 3,367 MegaWatts/Hour of electricity into the national grid on Tuesday.

    The Advisory Power Team, Office of the Vice President, disclosed this in a daily energy report made available to News Agency of Nigeria (NAN) in Abuja on Wednesday.

    The report noted that the electricity sent out by the GenCos was down by 4.86 megawatts from the figure released on Tuesday.

    It, however, said that 1,128 megawatts could not be generated due to non availability of gas.

    The report noted that 222,5 megawatts was not generated due to non availability of transmission infrastructure during the period.

    Similarly, it said that 2,541,40 megawatts were not generated due to high frequency resulting from unavailability of distribution infrastructure.

    According to the report, zero (0) megawatt was recorded as losses due to water management procedures.

    The report revealed that the power sector lost an estimated N1.9 billion on Tuesday due to insufficient gas supply, distribution and transmission infrastructure.

    On sector reform/activities, it said that the dominant constraint for Tuesday was high frequency resulting from unavailability of distribution infrastructure.

    The report noted that the peak generation attained on Tuesday was 4,347 megawatts. (NAN)

  • Nigeria equities market rebound by N133bn

    Nigeria equities market rebound by N133bn

    Nigerian equities market on Wednesday rebounded with N133 billion after two days of consecutive downward trend.

    Specifically, the market capitalisation which opened at N13.342 trillion inched N133 billion or one per cent to close at N13.457 trillion.

    Also, the All-Share Index surged 274.57 points or one per cent to close at 27,681.61 against 27,407.04 achieved on Tuesday.

    The upturn was impacted by gains recorded in medium and large capitalised stocks, amongst which are Stanbic IBTC Holdings, Guaranty Trust Bank, MTN Nigeria, Ecobank Transnational Inc. (ETI) and Lafarge Africa.

    Analysts at Afrinvest Limited said that “ in the absence of any major stimulus, we expect a bearish performance for the rest of the week.

    “Nonetheless, we see opportunities for bargain hunting in stocks with sound fundamentals,” they said.

    Market breadth closed positive with 24 gainers against 13 losers.

    Cutix and ETI recorded the highest price gain of 10 per cent, each to close at N1.54 and N8.80 per share, respectively.

    University Press followed with a gain 9.52 per cent to close at N1.15, while Wapic Insurance appreciated by 8.82 per cent to close at 37k.

    Associated Bus Company appreciated by 8.33 per cent to close at 39k per share.

    On the other hand, Champion Breweries led the losers’ chart by 8.80 per cent, to close at N1.14 per share.

    RT Briscoe followed with a loss of 6.90 per cent to close at 27k, while Lasaco Assurance lost 6.67 per cent to close at 28k per share.

    AIICO Insurance lost 5.88 per cent to close at 64k, while Courteville Business Solutions shed 4.76 per cent to close at 20k per share.

    Also, the volume of shares traded rose by 91.64 per cent to 379.51 million shares worth N5.35 billion achieved in 3,923 deals.

    This was in contrast with a turnover of 198.03 million shares valued at N2.89 billion exchanged in 3,830 deals on Tuesday.

    Guaranty Trust Bank topped the activity chart with 98.42 million shares worth N2.83 billion.

    Access Bank came second with 40.73 million shares worth N314.47 million, while FBN Holdings traded 40.08 million shares valued at N216.63 million.

    FCMB Group sold 20.05 million shares worth N33.87 million, while Sterling Bank accounted for 17.58 million shares valued at N38.81 million. (NAN)

  • In the current precarious state of the economy, we need the right direction – Expert

    In the current precarious state of the economy, we need the right direction – Expert

    By Jennifer Y Omiloli

    An economic and financial analyst named David Ibidapo, says the newly-constituted Economic Advisory Council (EAC) should not fail in guiding President Muhammadu Buhari to take right economic decisions that will yield the desired results for the country.

    Ibidapo told newsmen on Wednesday in Abuja that constituting the council was a good initiative and that the members were experts in economic matters.

    He, however pointed out that there is a need for the council members to use their expertise to spur the country’s economic growth.

    “In the current precarious state of the economy, we need the right direction and maybe they (EAC) will be able to let the government know that increasing Value Added Tax (VAT) is not the solution to its revenue challenges.

    “What the government is currently facing is not only revenue challenge, but also bad expenditure administration.

    “The issue that should be tackled is how to improve tax collection and reduce debt burdens. We also need to break out of the stranglehold of using majority of our revenues to service debt and on recurrent expenditure,” he said.

    The financial analyst charged the council to work harmoniously with all the fiscal and monetary agencies to achieve the desire result.

    “It is an advisory board with big brains. Heads of fiscal and monetary agencies too should take recommendations from them”, he added.

    Daybreak.ng reports that Buhari had, on Monday, constituted the EAC mantled with the responsibility of advising him on economic matters.

  • Sen. Longjan vows to attract federal projects to Plateau South

    Sen. Longjan vows to attract federal projects to Plateau South

    Following his victory at the National Assembly Election Petition Tribunal sitting in Jos, Plateau State, which on Tuesday upheld the election of Senator Ignatius Longjan of the All Progressives Congress, APC,representing Plateau South, thesenator has vowed to provide quality legislation to the people of the zone.

    Speaking to newsmen in Jos,Longjang said his senatorial zone was backward in so many things, promising to work to provide dividends of democracy to the people.

    Longjang said he would not take for granted the decision of the people of his constituency to elect him in the 2019 elections, disclosing that he had devised a mechanism to ensure that the dividends of democracy were delivered to members of his constituency.
    “The decision of my people to elect me to represent them at the red chamber will never be taken for granted, as I have devised a mechanism to implement my promises to them,” he said.
    The senator condemned in strong terms the attacks on Nigerians and their businesses in South Africa, saying it betrayed the long-standing relationship between Nigeria and Southern African country, which he said was strengthened by the frontline role played by Nigeria in the apartheid struggle.
    “We appeal to our authorities to accommodate the returnees from South Africa. President Muhammadu Buhari is taking the right step in ensuring the safety of our people especially in sending an envoy to South Africa,” the senator concluded.