The Honourable Minister of State for the Federal Ministry of Industry, Trade, and Investment, and Chairperson Steering Committee, National MSME’ Survival Fund, Alhaja Mariam Yalwaji Katagum, has today informed the general public that, the survival fund web portal has changed. According to the Honourable Minister, the new web portal through which the survival fund will take place is www.survivalfund.gov.ng. The new portal will take effect from 1st November 2020. The Minister stated the migration of the survival fund portal, is to ensure an efficient and more service delivery of the program. This however doesn’t require beneficiaries to resubmit applications as…
Author: Adebimpe A.
Following the disclaimer of WhatsApp customer service number, by Zenith Bank Plc, the bank has further released information about fake social media handles purported to belong to the bank. Zenith Bank Plc has in a post on it’s page, stated that their customers should be careful of fake social media handles and should engage with them on their verified social media handles: Instagram-@zenithbankplc, Facebook-Zenith Bank Plc, Twitter -@ZenithBank. According to the bank, Zenith Bank will never call, text, chat or email their customers, or request for their account details, pin, token code, or other related account information. Zenith Bank therefore…
The University College Hospital, Ibadan, have announced the appointment of its fifteenth, Chairman Medical Advisory Committee (CMAC). The hospital appointed Dr. Abiodun Moshood Adeoye as the Chairman Medical Advisory Committee (CMAC) following the expiration of the term of Dr. Victor Ifeolu Akinmoladun. In a post the hospital gave credits to the achievements of Dr. Adeoye. According to UCH Ibadan, Dr Adeoye has a degree in Medicine and Surgery from the University of Ibadan, coupled with a masters degree in Epidemiology, from the same university. Dr Adeoye is a member of some medical bodies. He is member of the International Society…
The World Bank latest survey revealed how coronavirus has brought so much uncertainty to the economy, jobs and lives as a whole. Before COVID-19 unemployment was a major challenge for young people entering the labor market. Subject to the World Bank estimate the present generation of learners might lose an earnings worth $10 trillion. Having acknowledged that COVID-19 will most likely leave lasting scars on multiple fronts, especially on the younger generations, the global bank put forward a critical question of the way forward, which prompted them to direct the question at young people around the world. In a bid…
The National Agency for the Control of AIDS (NACA), has revealed that Akwa Ibom and Benue states, have the highest number of HIV positive cases in the country. In the report, given by NACA,it was revealed that out of every 1,000 persons, 48 persons will most likely have the Human Immune Virus in Akwa Ibom and Benue states. Subject to the 2018 Nigeria HIV/AIDS Indicator and Impact Survey (NAIIS), the rate of HIV in Nigeria is 1.3%. After Akwa-Ibom and Benue states, states with the second highest HIV prevalence are Taraba, Anambra and Abia states with 2.6%, 2.2%, and 2.0%…
Zenith Bank Plc has given notice on fraudulent WhatsApp customer service number. The bank has made it known to it’s customers and the general public that, Zenith Bank doesn’t have a WhatsApp customer service number and any number claiming to be the bank’ WhatsApp number is fake. Zenith Bank Plc has therefore enjoined the general public not to engage with anyone who redirects them to a WhatsApp number claiming to be Zenith Bank customer service. The bank also stated that they don’t resolve customers complaints via WhatsApp. The bank advised their customers not to deal with anyone on social media…
Total Nigeria Plc has continued to show it’s commitment to creating employment opportunities for young graduates. Recall that not long Total Nigeria Plc presented Small and Medium-Sized Enterprises (SME) Start -up Kits to five beneficiaries of the skills acquisition program at Koko community in Delta state as part of the company’s Corporate Social Responsibility (CSR) initiatives. Total provided start-up kits to each beneficiaries of the young graduates who participated in the skill acquisition program to enable the beneficiaries establish small-scale enterprise on their own. Prior to the presentation of the SME start Up kits, Total Plc, had made allowance for…
The assessment submitted by the chairperson of the World Trade Organization’s Committee on Subsidies and Countervailing Measures,Michèle Legault Dooley, reveals that the World Trade Organization members continue to default in meeting their obligations to notify the organization of their subsidy programmes. According to Michèle Legault Dooley even though efforts have been made to enable members to bring their notifications in time, which includes offering of technical assistance from the WTO Secretariat, notwithstanding compliance with the obligation to notify subsidies remains low. 83 of the WTO members are yet to make their new subsidy notification for 2019, even though the…
The World Bank has given update on remittance flows to low and middle-income countries. According to the global bank remittances are projected to fall by 7%, to $508 billion in 2020, and decline by 7.5% to $470 billion in 2021. The World Bank stated that the importance of remittances as a source of external financing for low and middle-income countries is expected to increase in 2020, even with the expected decline. Remittance flows to low and middle income countries reached $548 billion in 2019, larger than foreign direct investment flows of $534 billion and overseas development assistance of about $166…
The African Development Bank has launched “The Women in Ethics and Compliance in Africa” network, (WECA), which is an initiative as a membership group for women executives and management leading the fight against corruption and non-compliance in business. The network which was formed by leaders from the African Development Bank, the Coalition for Ethical Operations (CEO) and the United Nations Global Compact, declared the establishment of the unique support organization for female leaders and executives working to eradicate unethical business practices in Africa. According to African Development Bank, the formation of this network reaffirms the Bank’s commitment to ensuring that…
The management Tota Nigeria Plc has today announced its ambition to get to net-zero emissions by 2050 together with society for its global business across its production and energy products used by its customers. The oil and gas company highlighted three major facts which will enable them to get to “Net Zero”. This goal is supported by the strategy to develop Total as a broad-energy company, with oil and gas, low-carbon electricity and carbon-neutrality solutions as an integral part of its business. According to Total Plc low-carbon strategy provides a competitive advantage which creates long term value for its shareholders.…
The Central Bank of Nigeria has given conditions of the eligibility for the N75 billion Youth Investment Fund recently launched by the bank. The fund which was approved by the Federal Executive Council, and which is to take effect from 2020–2023; is aimed to assist Nigerian youths with funds needed for their businesses. According to the CBN, the scheme’s aim is to financially empower Nigeria youth to create over 500,000 jobs between now and 2023. NIRSAL Microfinance Bank (NMFB), is the financial institution saddled with the responsibility of managingel the scheme, and the scheme will be kickstart with a capital…
As the National Youth Service Corps, begins,all over the country, the Federal Ministry of Health has uged all corps member to continue to adhere to all COVID-19 safety precautions. The Federal Ministry of Health have charged all corps member to continue to take responsibility in the fight against the coronavirus pandemic. The ministry therefore advised corps members to maintain physical distancing at the camp and ensure that they always wear their facemask properly. In addition corps members are to wash their hands regularly with soap and water. In furtherance of this, the corps members are enjoined to adhere to safety…
The former Nigerian Minister For Finance, Ngozi Okonjo-Iweala, who is also in the race of determining the next Director General of the World Trade Organisation, has in a tweet stated that she remain positive To Lead WTO Despite the objection by United States. The Nigeria’s former minister and candidate for the position of Director-General of the World Trade Organisation, has expressed her positivity in being appointed as the seventh head of the World Trade Organisation despite opposition from the United States.. The WTO General Council, which is the highest decision-making body of the WTO, is scheduled to ratify the report…
Following the rejection by the United States of Ngozi Okonjo-Iweala to be appointed the next Director General of the World Trade Organization, Okonjo-Iweala was not crowned the head of the WTO despite massive support by other member countries. TheUnited States has however given reasons why it is not in support of the former Nigerian Finance Minister, Ngozi Okonjo-Iweala, to be appointed as the Director-General of the World Trade Organisation. Out of 164 member countries of the WTO, 163 member countries canvassed their support for Ngozi Okonjo-Iweala to lead the World Trade Organisation on Wednesday, she however could not be declared…
The World Health Organization, has in commemoration of the ‘World Stroke’ day,given update about stroke. In a post WHO analyzed the risk causing factors of stroke. According to WHO, 90% of strokes are preventable by taking heed to its risk factors. World Health Organization noted that engaging in regular physical activity reduces the propensity of one getting stroke. Ordinarily Physical activity like exercise such as running, jogging, taking a walk or at most visiting the gym, strengthens the bone muscles and thereby help to prevent stroke. WHO also stated that healthy eating helps the body in fighting against stroke. Healthy…
The member states of the World Trade Organization has shown strong support for Ngozi Okonjo-Iweala as Director General, except the United States of America who objects to her been appointed to lead the WTO. Subject to the chairman of the General Council,Mr Walker, from the look of things Ngozi Okonjo Iweala, has the largest support by Members in the final round and she also enjoyed wide support from Members at all levels of development and all geographic regions and has done so throughout the process. Mr Walker while affirming his support for Ngozi Okonjo Iweala noted that she is the…
The World Bank has today’s released the 2020 Trust Fund Annual Report. This was disclosed by the World Bank in a post on it’s page. Trust funds are an integral part of the aid architecture which creates structural impact. The World Bank Group combines trust funds to core funding from International Bank for Reconstruction and Development, International Development Association, and International Finance Corporation, to foster the achievement of the World Bank Group’s goals by providing sizable financial resources to development priorities, regions, and focus areas. The 32 results stories contained in this report analyze how the WBG has been able…
The National Agency for Food and Drug Administration and Control (NAFDAC) has received information from the US Food and Drug Administration, about the voluntary recall of two lots of Dexmedetomidine HCl in 0.9% Sodium Chloride Injection, 200mcg/50mL (4mcg/mL), 50mL fill in a 50mL vial. Administering Dexmedetomidine HCl containing lidocaine to a patient with lidocaine allergy could result in anaphylaxis, which could possibly threaten the life of the patient. 0.9% Sodium Chloride Injection combined with Dexmedetomidine Hydrochloride is approved for intravenous use and indicated for sedation of non-intubated patients. The product name is Dexmedetomidine HCl in 0.9% Sodium Chloride Injection, the…
The Nigerian National Petroleum Corporation Following noticeable fears among motorists and private individuals in Abuja and its environs on account of reoccurrence of long queues, yesterday, at filling stations in the Federal Capital Territory, the Nigerian National Petroleum Corporation have again warned people against indiscriminate buying of petrol and storing it for future use. Recall earlier that the ongoing protests and curfews imposed in different parts of the country proported to cause a shortage in the supply chain and with the easing of the curfews and restriction of movement by various state government, the NNPC earlier promised normalcy is expected…