The highest financial institution in the country, Central Bank of Nigeria, has has made it known that it’s website is working perfectly and not under any form of attack. The Central Bank of Nigeria thereby noted that it’s website is secured.In a post signed the bank promised stakeholders and the entire populace that the CBN’ website is properly functioning and that members of the public should disregard any contrary news in this regard. The CBN thereby urged members of the online community to desist from spreading fake news targeted at questioning the CBN’ integrity. According to the bank, Central Bank…
Author: Adebimpe A.
In his annual general meetings one of the principal staff of the World Bank, David Malpass, has noted that resilient recovery in terms of poverty and inequality reveals the need to double efforts to help the world’s poorest recover from the pandemic. On human capital he noted that COVID19 response will enhance health and education in developing countries. As regards debt burden greater debts and investment transparency should be effected and a debt stock reduction for the poorest countries. He also stated that an inclusive resilient recovery of economies must be initiated and people must allow and embrace change.
A total allocation of #6039.901 billion has been shared to the federal, states and local governments by the Federal Accounts Allocation Committee. The total revenue allocation constituted Statutory Revenue of #341.501 billion, VAT Revenue of 141.858 billion, Forex Equalisation #39.542 billion, Non-oil Excessive Revenue #45 billion, and #72 billion Federal Government Intervention Revenue. The gross statutory revenue was lower than the #531.830 billion realized in the previous month by #190.329 billion. The VAT revenue was also lower than the #150.230 billion available in the previous month by #8.372 billion. Subject to the communique the federal government received #255.748 billion, the…
The Nigerian stock exchange after carefully trading for two days recorded #164 billion growth subject to renewed investors interest.The market capitalization opened at #14.815 trillion and rose by 1.1%. and closed at #14.979 trillion. All- Share index rose by 315.41 points and closed at 28659.45, from 28344.04 yesterday. Total Nigeria has the highest number of shares growing by #10.20 per share and closed at #112.20 per share. Presco followed with #5.40 per share and closed at #65.90 while, Zenith Bank share rose from #1.55 and closed at #21.55 per share. Nasco profited 90k to close at #13, while Guarantee Trust…
The Lagos State Ministry of Health has today released an update on COVID19 situation in the state. The Ministry in a post revealed that a case of COVID19 infection has been discovered in a private school in the state. The Lagos State Ministry of Health confirmed the positive COVID19 case in a boarding school in lekki.The Commissioner For Health in the state, Prof Akin Abayomi, noted that 181 students and staff of a private school situated at lekki have tested positive to the novel coronavirus following the surveillance and medical investigation carried out in the school. According to Prof Akin…
To mark 2020 World Hypertension Day, the World Health Organization (WHO) has today revealed that more than 1 billion people globally live with hypertension (hbp). According to WHO high blood pressure is a major cause of cardiovascular disease and premature death globally.WHO noted that the burden is mostly felt in low to middle income countries where half of those who have the disease are unaware that they have the disease this putting them at the risk of medical complications and eventual death which is avoidable. In lieu of this, the World Health Organization, have released safety medical tips to prevent…
The World Health Organization has created an awarenesses about cervical cancer. According to the World Health Organization, cervical cancer is a cancer that arises from the cervix due to the abnormal growth of cells spread to other part of the body. Even though cervical cancer disease is largely presentable, it is however one of the prominent causes of cancer death in women globally with cervical cancer deaths common in low to middle income countries. The primary cause of cervical cancer is chronic infection with the “HumanPapiloma Virus (HPV), which is very common in adolescents after the first act of sexual…
In a research by the United kingdom’ National Institute For Health it was revealed that a large number of people might be living with a “Long Covid”. Which is a long lasting effect of a Covid-19 infection that affects people psychologically and socially. The research stated that common symptoms of “Long Covid” , are fatigue, malfunctioning of the mental health, irregular breathing, irregularities in cardiovascular health. Subject to the research four different syndromes are responsible for the symptoms of “Long Covid” which are post intensive care syndrome, post viral fatigue syndrome, long-term covid symptoms, and damage to the lungs and…
Morgan Stanley, an American multinational investment bank and financial services company in the Newyork city, has today October 15 2020, rounded up a week of wall street earning reports with results that exceeds analyst expectations in revenue and profits amidst the economic down turn affecting businesses globally. According to the Forbes, the investment bank, generated a third-quarter profit of $2.7 billion, which is $0.5 billion higher than the profit it made last year. The bank drew $11.7 billion revenue in the third-quarter, thus outrunning analyst’ expectation by over $1billion. The profits realized from revenue were orchestrated by the trading division…
The adverse effect of Covid-19 is hitting hard the economies of the world. South- Asia’ economy is one of the economies badly affected by the disease and this affects mostly the informal workers. The recently released economic focus revealed a deeper economic devastation in the region. The South-Asia’ regional growth which is expected to be 7.7% in 2020, is far below the expected percentage. While india, the region’ largest economy is expected to contract by 9.6% in the fiscal year, the regional growth is expected to rebound to 4.5% in 2021. Considering the growth in population, per capital income in…
In commemoration of the Global Hand Washing Day, the World Health Organization has outlined guidelines for safe washing of hands. The World Health Organization has on thursday October 15, which marks the Global Hand Washing Day, prescribed the use of alcohol based hand-rub to scrub the hands for a minimum period of 20 seconds and maximum period of 30seconds. The World Health Organization expressly stated that the hand should be cupped while applying the alcohol based hand-rub to cover all surfaces. The palms should thereafter be scrubbed against, after which the right palm should be rubbed over the left dorsum…
The Nigerian Dental Association has announced it’s “Biennial General Meeting”. The scientific conference which is the 53rd of it’s kind is set to hold on the 30th-31st of October 2020. The event which is designed to take place online has it’s theme to be “Patient Centred Dental Care”. The major highlight of the program will be preparedness for infection, prevention and control, ethical and medicolegal concerns. The meeting has four sub-themes which includes breathing disorders and wellness, Tele-dentistry with use of remote cameras, curbing quackery, and navigation from the use of tobacco to cessation of smoking, is free for all…
The rate of tuberculosis reduced before covid-19. According to a report by the World Health Organization on October 14 2020, the incidency of tuberculosis reduced by 9% between 2015 and 2019 and had 14% reduction in fatality rate. However subject to the World Health Organization’ report, global target for the treatment and prevention of TB is likely not to be met due to inaccessibility of TB services. According to the World Health Organization, in 2019, 10million estimated people developed TB, while 1.4million of them died of the disease, 465,000 people were diagnosed with the drug-resistant TB in 2019, only a…
The African Development Bank Group has announced the appointment of some persons to serve in prominent units under the office of the president of the African Development Bank. The African Development Bank Group made this known today on it’s website. The African development bank announced the appointment of Ms. Yacine Fal, a citizen of senegal, as the director-general cabinet office of the African development bank’ president. The appointment which takes effect on the 1st of November 2020, was announced today with the official duties of Ms. Yacine in respect of her new position clearly stated. According to the African Dvelopment…
In a bid to aid the containment of the novel coronavirus, personal protective equipment has been donated to the University College Hospital Ibadan. The equipment which was donated to the University College Hospital by Mikano International Limited, a power generating company based in Nigeria was reported to have been produced by “Mikano Medicals”, which is a unit under the “Mikano Company”. The protective equipment which came in the form of surgical disposable face mask to the hospital by Mr Bethel Ukonu, who is a senior staff of the Mikano company. This was done in a bid to help the hospital…
The Nigerian Center For Disease Control, (NCDC), has today given a report on the prevalence of diseases in Nigeria. The Nigerian Center For Disease Control, subject to the information received from the ‘Multi-sectoral Technical Working Group’ on each disease gave report on 8 different diseases. Nigeria Centre for Disease Control (NCDC) I In it’s report, the NCDC stated that as at today October 14, 554,006 suspected cases of covid19 were reported, 60,655 were laboratory confirmed while 52,006 have been discharged and 1116 fatalities recorded. Subject to the NCDC’ report 225 new cases have been detected. 165 cases were detected in…
The Lagos chapter of the Nigerian Medical Association, has announced it’s 2020 edition of the ‘National Physician Week’. In a post, the Lagos chapter of the Nigerian Medical Association, expressly stated the theme of this year’ , “National Physician Week” as ‘Strategies For Health System Recovery During The Covid-19 Pandemic In Nigeria”. Nigerian Medical Association LogoThe event tagged which’EKo 2020’ will kickstart on the 18th of October 2020, and be concluded on the 24th of October 2020 will take place at the Radisson Blu hotel, Lagos state. The annual event whose sub-theme is “Dental Carries The Four Pronged Fork” promises…
Today being the “World Mental Health Day”, the World Health Organization has identified looking out for ourselves and others as important. According to the World Health Organization, “close to one billion people have a mental disorder”. Going further, the Organization identified depression as a cause of illness and disabilities in persons and informed the populace that every 40 seconds at least a person dies from suicide. As a result of the COVID-19 pandemic the World Health Organization has identified fear as a major challenge to several people. For instance, health care workers go to work with the fear of contacting…
In commemoration of the “World Investors Week”, 2020, The Nigerian Stock Exchange (NSE), has provided information on shares. According to the NSE, through an update shared on their page, investors who wish can trade their shares through a stock broker who wil in turn help them to trade their stocks remotely through direct market access . In creating product awareness, in respect of the “World Investors Week”, The Nigerian Stock Exchange, stated that: “With a market capitalization of over 14.8 trillion Naira and YTD (Year-To-Date) return of 5.8% as at 9th October 2020, the exchange offers the best of African…
In the last six days, no covid-19 complicated death have been recorded in Nigeria. According to the latest update by Nigeria Center For Disease Control, (NCDC), only one covid-19 death has been recorded so far in october 2020. Yesterday 9th of october, 151 new covid-19 cases were confirmed in Nigeria, making the total number of confirmed cases to be 59, 992, while 51,614 cases have been discharged and 1113 deaths recorded. Out of the 151 new cases confirmed yesterday, Lagos state has the highest number of cases with 71 cases recorded. Ogun state which has the second highest case, yesterday…