archiveSeptember 2021

  A Professor of Pediatrics at Olabisi Onabanjo University (OOU), Ago-Iwoye, Tinuade Adetutu Ogunlesi, says at least 750 newborn deaths are recorded daily in Nigeria. Ogunlesi particularly hinted that about 275,000 babies die within the first 28 days of life annually in Nigeria. This, he pointed out, translates to 31...

The Pentecostal Fellowship of Nigeria (PFN) has called on the Federal Government to declare a state of emergency in the Health and Education Sectors. PFN also asked the Federal Government to “immediately” convoke Education and Health summits to comprehensively address the challenges facing the two critical sectors. This was contained...

Economic Community of West African States (ECOWAS), the West Africa’s main political and economic bloc, has suspended Guinea’s membership on Wednesday following a weekend military coup that ousted President Alpha Conde and dealt the latest in a flurry of setbacks to democracy in the region. During a virtual summit, leaders...

The Federal Inland Revenue Service (FIRS), in a desperate bid to retain the collection of the Value Added Tax (VAT), has written the National Assembly, seeking the inclusion of VAT collection in the exclusive legislative list. The federal tax agency is also requesting the federal lawmakers to approve for it,...

*$450 billion potential income gains at stake *African insurance companies must act now, VP adds Amidst monumental challenges posed by climate change, particularly energy transition and related issues, the coming decade anchored on the African Continental Free Trade Area (AfCFTA), offers great opportunities for Africa’s socio-economic transformation, according to Vice...

Governor ‘Seyi Makinde of Oyo State, on Wednesday, handed over an 18-seater bus to officials of the Central Council of Ibadan Indigenes (CCII), in line with his promise during the inauguration ceremony of the 2021/2023 Executive Council of the body in Ibadan last week. The governor, who was represented by...

  About 44,000 Nigerian drug users who exchange needles and syringes in groups while ingesting drugs are responsible for the spread of HIV in the country.Dr Gambo Aliyu, Director-General, National Agency for the Control of AIDS (NACA) made the disclosure in Abuja on Wednesday. He said the exchange of needles...

 The domestic bourse closed negative on Wednesday with the market capitalisation dropping by N24 billion taking the trading losses to three consecutive sessions. Consequently, the market capitalisation which opened at N20.450 trillion lost N24 billion or 0.12 per cent to close at N20.426 trillion. Also, the All-Share Index dipped 46.77...

MAN seek end to tax collection concerns The Manufacturers Association of Nigeria (MAN) has charged the federal and state governments to find a mutually acceptable way forward on the collection of tax to address anxiety and confusion in the business community. Mr Segun Ajayi-Kadir, Director-General, MAN, gave the charge in...

The Central Bank of Nigeria (CBN) has directed commercial banks and Payment Service Providers (PSPs) in the country to improve on all bulk payments and transfers systems to ensure transparency. Mr Jimoh Musa, CBN’s Director, Payment System Management Department, gave the directive on Monday, in a memo addressed to banks...