Nigeria’s foreign debt rises to $10.3bn

Nigeria’s foreign debt rises to $10.3bn

Nigeria’s external debt stock as at second quarter 2015 stood at about USD10.3 billion, over 10 per cent increase, against USD9.5bn recorded in the first quarter of the year, just as the Federal Government revenue rose to N485.95 billion, up from May figure of N324.7 billion.
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World Hepatitis Day: SOGHIN urges Nigerians to get tested

World Hepatitis Day: SOGHIN urges Nigerians to get tested

“ A safe and effective vaccine can be given and this protects from hepatitis B for life.” Calling upon the populace to get tested, and seek treatment, he said effective treatment options exist for hepatitis B and cure for hepatitis C. “It is important to talk to your doctor about testing you for hepatitis virus infection, irrespective of your health status and about receiving a vaccine to prevent hepatitis B if you test negative for the virus.

FG to probe N4trn contractual debts under Jonathan

FG to probe N4trn contractual debts under Jonathan

How did the 28 federal ministries, their departments and agencies under the administration of President Goodluck Jonathan incur a whopping N4 trillion contractual debt? Who issued the jobs and did they pass through due process and if so, did the contractors complete the assigned jobs?

20-month-old baby disappears during naming in Ogun

20-month-old baby disappears during naming in Ogun

Confusion enveloped Inukosegba area of Akorede Estate, Mile II in Abeokuta North Local Government Area of Ogun State, following the mysterious disappearance of a 20-month-old toddler, Opeyemi Ogundele, during a naming ceremony on Sunday afternoon.
The disappearance of the child later resulted in the discovery of a suspected ritualists’ den in the area.

All Nigeria championships: Warri stadium worry athletes

All Nigeria championships: Warri stadium worry athletes

Athletics Federation of Nigeria has ruled out moving the All Nigeria Championships to Sapele, after athletes groaned over harsh conditions at the Warri Township Stadium track facility venue of the All Nigeria championships, which begins tomorrow.

Ovaltine, DHL nourish IDPs in Yola

Ovaltine, DHL nourish IDPs in Yola

IN the bid to meet the nutritional needs of Internally Displaced Persons, IDPs, in Yola, Adamawa State, Twinings Ovaltine Nigeria Limited and DHL Express Nigeria, last week unveiled a strategic joint partnership to donate and transport Ovaltine beverages to inhabitants of the Yola Camp. Speaking at a joint media briefing in Lagos to validate this commitment, General Manager, Twinings Ovaltine Nigeria Limited, Mr. Enrico Liggeri, said the two organisations are leveraging the partnership to amplify their Corporate Social Responsibility commitment in Nigeria.

Experts task govt on screening newborns for hearing loss

Experts task govt on screening newborns for hearing loss

The Federal Government has been urged to establish a Universal Newborn Hearing Screening, UNHS, programme that would ensure that newborns are subjected to screening for all parameters of human function ability, particularly to ascertain the child’s hearing status. Making the call in Lagos, a group of speech pathologists and audiologists worried over the rising incidences of hearing loss despite improvements witnessed in medical education.

Shareholders laud Oteh’s appointment

Shareholders laud Oteh’s appointment

Former Director General of the Securities and Exchange Commission, SEC, Ms. Arunmah Oteh, penultimate week, was appointed as Vice President/Treasurer of the World Bank. Prior to joining SEC, Oteh was Group Vice President, Corporate Services, African Development Bank Group (AfDB). Shareholders express joy on the new appointment, saying that she is creative and confident.

Biometric Verification Number: Reality and benefits

Biometric Verification Number: Reality and benefits

The first reality about the BVN is that it is a response to the problem of identity crisis in the banking industry. For many reasons, banks are mandated to “Know Your Customers” (KYC). They are expected to know where the customer lives, what he does etc. Among other things, the aim of this KYC requirement is to ensure that fraudsters do not use the services of banks to perpetrate criminal activities like money laundering, Advance Fee Fraud (419) etc.