Month: March 2021

Bank CEO in Trouble, Caught Violating Wife In Viral Video + PHOTOS

ADEOLA YUSUF

  A man identified as Ronald Mutandagay, who is theGroup Chief Executive Officer of Zimbabwe Bank (ZB) Financial Holdings Group, has taken a leave of absence after a video of him assaulting his wife went viral on social media. In the clip which was reportedly recorded by his 16-year-old daughter, Mutandagayi can be seen chasing his estranged wife and striking her in the face. The blow that was landed brought Mutandagayi’s wife falls to the ground. The video incited widespread outrage and the board of the financial services group is…

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US may reconsider AstraZeneca vaccine efficacy trial data

ADEOLA YUSUF

  Data and Safety Monitoring Board said in a statement that it was concerned that AstraZeneca may have provided an incomplete view of the efficacy data   Results from a US trial of AstraZeneca’s COVID-19 vaccine may have used “outdated information,” US federal health officials said on Tuesday. The Data and Safety Monitoring Board said in a statement that it was concerned that AstraZeneca may have provided an incomplete view of the efficacy data. AstraZeneca reported Monday that its COVID-19 vaccine provided strong protection among adults of all ages in a long-anticipated…

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Nigeria’s GTBank Mulls Expansion, Acquisition of Kenyan Lender

ADEOLA YUSUF

  Guaranty Trust Bank Plc, Nigeria’s biggest lender by market value, plans to acquire a Kenyan lender as part of its expansion on the continent, according to the managing director, Bloomberg has reported. “I think the place we will still like to do business or do an acquisition is Kenya,” Segun Agbaje, the lender’s chief executive said at an investor call in Lagos, without giving a time-line for the acquisition. The Lagos-based lender already has offices in 10 countries outside Nigeria including Kenya. It wants to increase the contribution of…

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Meet Ibiyinka Fuwape, Nigerian female Professor who won AU top Science Award

ADEOLA YUSUF

  Here are details of science discovery by the Nigerian female Professor of Physics that won her AU highest Science Award A Nigerian female Professor of Physics, Ibiyinka Fuwape, has won African Union Award instituted in honour of African scientists for achievements and discoveries in science, technology, and innovation. Prof Fuwape, currently Vice Chancellor of Michael and Cecilia Ibru University, Agbarha-Otor, Delta State, also heads the Condensed Matter Research Group, domiciled at Federal University of Technology, Akure. She won the AU Award for her outstanding contributions to cutting edge research…

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Fuel supply to Nigeria’s 19 Northern States threatened – Depot owners

ADEOLA YUSUF

  The seamless supply of petroleum products to all the 19 states in Northern Nigeria is under threat. A group of depot owners and fuel marketers in the country which stated this during a Press Conference in Lagos, country’s commercial  capital, maintained that this major threat is caused by the shut down of the Waziri Jetty in Apapa by the Port Manager of the Nigerian Port Authority (NPA). This allegation has, however, been refuted by the NPA. Rising under the auspices of the Petroleum Products Depot Owners Association (PPDOA), the…

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NLNG, USAID ink 5-year MoU for Malaria-free Nigeria’s Bonny Island

ADEOLA YUSUF

Nigeria LNG Limited (NLNG) has signed a five-year Memorandum of Understanding (MoU) with the U.S. Agency For International Development (USAID) to make Bonny Island, its operational base, malaria free. The MoU was signed by NLNG’s Managing Director/Chief Executive Officer, Engr. Tony Attah on behalf of NLNG and the United States Ambassador to Nigeria, Mary Beth Leonard. Through the U.S. President’s Malaria Initiative (PMI), USAID will provide technical assistance to NLNG’s led Bonny Island Malaria Elimination Project (BNYMEP). BNYMEP seeks to reduce the malaria burden, move the community to pre-elimination status, bring malaria-related mortality to zero,…

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Why Ikeja Electric Bagged Latest ISO Certifications – Soetan

ADEOLA YUSUF

  More details have emerged on reason the Ikeja Electric, Nigeria’s Electricity Distribution Company, bagged three latest International Organization for Standardization (ISO) certifications ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018. The International Organization for Standardization (ISO) is world’s largest independent, non-governmental organizations that develops of voluntary international standard and facilitates world trade by providing common standards among nations. Speaking on the achievements, Chief Executive Officer (CEO) of Ikeja Electric, Folake Soetan, said, according to a statement, the company reaffirmed its commitment to high standards, in line with global best practices.…

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How Another Super Eagles ex-Star was hospitalised, suffered, died + PHOTOS

ADEOLA YUSUF

  Barnabas Imenger is the fourth ex-Super Eagle to die in 2021 after severe pains and hospitalisation for a protracted illness   Details have emerged on how Former Super Eagles midfielder and Lobi Stars team manager, Barnabas Imenger, was hospotalised, suffered and died. The year 2021 has witnessed the death of some former Nigeria internationals; including Joe Erico, Yisa Sofoluwe and  Jide Dina who died this month after a protracted illness. Imenger’s death was confirmed by Lobi Stars’ Media Officer, Austin Tyowua on Monday.. According to Mr Tyowua, Imenger died at…

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Outcry greets Kenyan fuel price hike, Petrol hit highest mark in 9 years

ADEOLA YUSUF

  Kenyan motorists flock Tanzanian border for cheaper fuel, lampoon government’s insensitivity   Outcry has trailed the hike in pŕices of fuel in Kenya, East African biggest economy. The hike has seen the price of petrol shoot to the Sh130.11 mark per litre in Migori town, pushing it to a nine-year high at a time when Kenyans are grappling with the effects of the Covid-19 pandemic. Diesel is retailing at Sh120.26 while kerosene shot to Sh99.07. Motorists in Migori County are now driving to neighbouring Tanzania in droves for cheaper…

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NCDMB picks December date for 2,500 bopd Duport Modular Refinery completion

ADEOLA YUSUF

  The 2500 barrels per modular refinery being established at Egbokor, Edo State, Southsouth Nigeria, by Duport Midstream Company Limited in partnership with the Nigerian Content Development and Monitoring Board (NCDMB) will be ready for commissioning in the last quarter of 2021. The Executive Secretary of the NCDMB, Engr. Simbi Kesiye Wabote, said this, according to a statement when he visited the project site to assess the progress of work on the fabrication of the tank farms, civil works, pipeline installation and other site preparation works and confirmed that the project had reached 80 percent completion.…

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