The Securities and Exchange Commission (SEC) on Friday said the total unclaimed dividends in the Nigerian capital market stood at N170 billion as of December 2020. The Director-General, SEC, Mr Lamido Yuguda, said this at the second post-Capital Market Committee (CMC) virtual news conference. Yuguda said the figure had increased compared with N158.44 billion total unclaimed dividends as of December 2019. He attributed the rising figure to identity management and multiple subscriptions of investors. “We have problems with identity management in the Nigerian capital market and this is really one of the things the commission is trying to resolve. “We…
Author: Newsdesk
Speaker of the ECOWAS Parliament, Sidie Tunis has tasked Members States to enforce policies and regulations to ensure efficiency and address the electricity challenges in the region. Tunis made the call at the closing of the ECOWAS Parliament delocalised meeting on “Ensuring energy efficiency in West Africa holding in Abidjan, Cote d’Iviore. The meeting which began on Tuesday, is with theme: “Ensuring energy efficiency in West Africa with emphasis on innovation, active involvement of the Private sector and citizen participation. Emphasising on the need for Private Sector Partnership as a critical factor for achieving efficiency energy sector, Tunis noted that…
By Abujah Racheal The African Export-Import Bank (Afreximbank), which facilitated the procurement of the Johnson & Johnson (J&J), Janssen Pharmaceuticals’ vaccine, says the vaccine costs Nigeria $7.50 as against $10 per dose. The bank’s Regional Chief Operating officer, Mr Abdoulaye Kone, who disclosed this on Thursday, in Abuja, said that the country would be procuring about 29,850,000 doses, through the African Union’s African Vaccine Acquisition Trust (AVAT). Following the receipt of the shipment of 177,600 doses on Thursday, Nigeria becomes one of the earliest beneficiaries of the supply deal agreed in March, 2021 to procure 220 million doses for the continent,…
The UN Population Fund (UNFPA), with funding from Global Affairs Canada (GAC) has commenced a 45-day national survey to provide comprehensive analysis of the Sexual and Gender-Based Violence (SGBV) and Harmful Traditional Practices (HTPs) situation in Nigeria. Information about the survey is in a statement by the UNFPA Gender and Reproductive Rights Specialist, Dr Musa Elisha in Abuja on Thursday. Elisha stated that the 45-day survey, which started on August 11, 2021, would run until Sept. 14, 2021 in 12 states of the federation and the Federal Capital Territory (FCT). He said that the ultimate scope of the survey was “to generate a reference…
A group of researchers started this project with the aims of understanding what are the core outcomes for patients living with Long COVID-19. The World Health Organization (WHO) recently called countries to prioritise recognition, rehabilitation and research for the consequences of COVID-19, and the collection of standardised data on Long Covid and proposed the term “Post COVID-19 condition” should be used for people living with Long COVID. A significant portion of people diagnosed with COVID-19 subsequently experience lasting symptoms including fatigue, breathlessness and neurological complications months after the acute infection. However, the evidence for this condition is limited and based…
Green Africa, Nigeria’s Lagos-based value airline, officially commenced commercial flights as inaugural flight arrived at the Nnamdi Azikwe International Airport, Abuja amid low fare of N16,500. The airline’s Brand Marketing Specialist, Mrs Oyindamola Fashogbon, made this known in a statement in Lagos on Friday. Fashogbon said the airline commenced its first flight operations following the announcement of the receipt of Air Operator Certificate (AOC) from the Nigerian Civil Aviation Authority (NCAA). She said that operations started officially on Thursday with an inaugural flight from Lagos to Abuja on one of the airline’s ATR 72-600s. She added that the first flights…
By Abujah Racheal The Africa Center for Disease Control (AfricaCDC) has explained that the Johnson and Johnson (J&J) vaccine was chosen for the continent because ‘it is a single shot vaccine, with a long shelf-life and partly manufactured on the African continent’. “First of all, as a single-shot vaccine, it is easier and cheaper to administer; second, the vaccine has a long shelf-life and favourable storage conditions. Last, but not least, the vaccine is partly manufactured on the African continent, with fill-finish activities taking place in South Africa”, according to Africa CDC Representative, Dr Amadou Cheick Tidiane CISSÉ. He said on…
By Jacinta Nwachukwu A teacher is perceived as a specialist, a guide, a friend, a counsellor, an expert, a leader, a supporter, a facilitator, and, last but not the least, a model. Not only does a teacher need all these attributes, but also has to individualise interaction with each student. On Ideal Teacher and the personal perceived characteristics of someone intending to become a teacher, scholars observe that the majority of people who teach in schools these days consider teaching as an alternative to their desired jobs. Also, some analysts in the education sector, observe that the reason why students…
By Bashir Adefaka “But the effort of this great, pragmatic, enigmatic and well principled leader across borders, Nigeria would have been a forgotten place due to the unfortunate efforts of leaders, who have used their grip in the tribes and religions to wreck havoc based on distrust, hate speeches and unguarded utterances, which they spread in the land and among the vulnerable people through their deliberate misrepresentation of easily understandable situations, for self gains.” On Tuesday 24 this month of August 2021, His Eminence Alhaji Muhammad Sa’ad Abubakar, Sultan of Sokoto, President General, Nigeria Supreme Council for Islamic Affairs (NSCIA)…
Abductors of the Commissioner of Information and Strategy, Muhammad Sani have released him five days of his captivity. Ado Ada, a family member, in a statement on Thursday thanked God for his release. The kidnappers identified themselves on Monday and the family engaged them in discussions, which resulted to his release without any ransom due to his record of philanthropy. According to Ada, “His release was wholly the family efforts and no ransom was paid. “The family facilitated his timely release with the divine intervention of Allah. “The commissioner has reunite with his family after receiving medical attention,” the statement…