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Day: August 14, 2024

Bank Directors Express Concern Over 70% Windfall Tax Amid Recapitalization Drive

The Bank Directors Association of Nigeria (BDAN) has voiced its apprehension regarding the recent imposition of a 70% windfall tax on profits derived from foreign exchange transactions by banks.  The tax, slated to be effective from 2023 to 2025, has sparked unease within the banking industry, with concerns raised about its timing and potential impact […]

Major Scientific Breakthrough: Liquid Water Reservoir Found On Mars

Scientists have unveiled a groundbreaking discovery: a reservoir of liquid water deep within the rocky crust of Mars. This finding, derived from a new analysis of data collected by NASA’s Mars InSight Lander, represents the first direct evidence of liquid water on the Red Planet. The Mars InSight Lander, which landed on Mars in 2018, […]

MPOX Declared Public Health Emergency By Africa CDC

Mpox, a highly infectious disease formerly known as monkeypox, has been declared a public health emergency in Africa by the continent’s leading health authority, the Africa Centres for Disease Control and Prevention (Africa CDC). The declaration comes in response to a rapidly spreading new strain of the virus, which has already caused over 13,700 cases […]

Tragedy On Lagos-Ibadan Expressway: Twelve Passengers Burnt In Fatal Accident

In a devastating incident along the busy Lagos-Ibadan Expressway, twelve passengers were tragically burnt in a horrific accident. The unfortunate event involved a Mazda bus bearing registration number DDA733 XA, occurring near Malo in the Ogere area of the expressway. Florence Okpe, the spokesperson for the Federal Roads Safety Corps (FRSC) in Ogun State, released […]

67% Of Nigerian Doctors Practice In UK, NHS Will Struggle If They Leave – Minister

Health Minister Ali Pate says doctors and nurses trained in Nigeria are sought-after globally, and that 67% of them work in the United Kingdom (UK). The minister, on Channels Television’s Politics Today programme on Tuesday, said if health workers of Nigerian origin pull out of the National Health Service (NHS), the service will struggle. He […]

Celebrating Excellence: UNIZIK Alumnus Jude Nnaka Awarded Prestigious PhD Scholarship At Wayne State University

Nnamdi Azikiwe University, Awka congratulates Jude Amechi Nnaka, a dedicated research assistant in the Department of Anatomy at Nnamdi Azikiwe University, Nnewi campus, who has been awarded a prestigious PhD scholarship with a cumulative offer exceeding $70,000 annually.  Jude will be pursuing his doctoral studies in Anatomy and Cell Biology at the Department of Ophthalmology, […]

Enugu Gov’s Wife Rolls Out Free Eyecare For Women

LarryBravo Nwaiwu, Enugu As part of her 2024 August Meeting support to women, the wife of the governor of Enugu State, Mrs. Nkechinyere Mbah, has rolled out an eyecare programme for the screening and treating of at least 500 women with various eye problems. The programme, which kicked off on Monday at the state’s Ministry […]

United Capital Group Transcends Borders with Landmark Corporate Bond In Sierra Leone

United Capital Group, a leading pan-African investment banking and financial services institution, has successfully led the issuance of Sierra Leone’s first local currency corporate bond, valued at SLE32 million (approximately US$1.4 million). This historic milestone signifies a transformative moment for Sierra Leone’s capital market. Acting as the Financial Adviser, United Capital through its investment banking […]