Month: January 2025

10 Facts About BPSS, Stroke That Affects Women In Salons

ADEOLA YUSUF

    A lady suffered stroke while washing her hair in the salon, yes, in the Salon! This condition is called Beauty Parlor Stroke Syndrome. Here is an explanation. While ladies are washing their hairs in the salon, they bend their necks backwards and there is a lot of pressures on the arteries that supply blood to the brain. This particular persistent pressure can lead to a stroke. 1. Discovery of BPSS This BPSS was first discovered in the United States in 1992 whne a 50 year-old lady was rushed…

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Consortium Targets April To Complete Eko DisCo’s 60% Acquisition

ADEOLA YUSUF

    ‘In excess of $200 million,’ what to know about the deal and the activities of the consortium comprising of North South Power Company Limited (NSP), Axxela Limited, and the Stanbic IBTC Infrastructure Growth Fund (SIIF)     Transgrid Enerco Limited on Tuesday, January 21, signed a Share Purchase Agreement (SPA) for the proposed acquisition of a 60 per cent equity stake in Eko Electricity Distribution Company (EKEDC), which is envisaged to be in excess of $200 million. Platforms Africa reports that the consortium comprises North South Power Company Limited…

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Kenya Gets First Nigerian Shipment Under AfCFTA Pact

ADEOLA YUSUF

KENYA has received its first shipment from Nigeria under the African Continental Free Trade Area (AfCFTA), marking a significant milestone in Africa’s push for economic integration. The announcement was made on Sunday by Nigeria’s AfCFTA Coordination Office, led by Olusegun Awolowo, following the directive issued at the 31st Ordinary Assembly of the African Union. A milestone in African trade The shipment, which included synthetic filaments produced by Lucky Fibres Limited (Lush), a subsidiary of the Tolaram Group, was facilitated under AfCFTA’s preferential trade terms. Senior Trade Expert Olusegun Olutayo from…

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‘7.5% To 15%,’ Trade Union Rejects Tinubu’s Proposed 100% VAT Hike

ADEOLA YUSUF

The Trade Union Congress (TUC) has rejected the Federal Government’s move to increase Value Added Tax (VAT) from the current 7.5% to 10%, 12.5% and finally to 15% as proposed in one of the tax reform bills. In a statement on Tuesday, TUC President Festus Osifo said “allowing VAT rate to remain at 7.5% is in the best interest of the nation, as increasing it would place an additional financial burden on Nigerians, many of whom are already struggling with economic challenges”. “At a time when inflation, unemployment, and the…

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WHO Urges Trump To Reconsider US Withdrawal

ADEOLA YUSUF

The World Health Organisation, on Tuesday, expressed regrets over President Donald Trump’s decision to pull the United States out of the WHO. In a statement on its official X handle on Tuesday, the WHO noted the US crucial role in the world health body and expressed the hope that Trump would rescind his decision. Trump, who was inaugurated on Monday as the 47th US President, signed a slew of far-reaching executive orders, including one terminating the US membership of the WHO. READ ALSO: ‘Days To Child’s Wedding,’ FMC Abeokuta Senior…

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‘Days To Child’s Wedding,’ FMC Abeokuta Senior Staff ‘Commits’ Suicide

ADEOLA YUSUF

Mr. Adeniyi Oluwaseun, the acting Head of the Audit Department at the Federal Medical Centre (FMC), Idi-Aba, Abeokuta, tragically ended his life on Sunday by reportedly jumping into a well. The incident occurred in the Obantoko area of Abeokuta, Ogun State, shortly after he had finished his dinner. It was revealed that Adeniyi’s child was due to marry in just a month’s time before the devastating event unfolded. His body was recovered from the well and has since been moved to a morgue. READ ALSO: ’48 Hrs After Explosion Killed…

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’48 Hrs After Explosion Killed 98,’ Residents Scoop Oil As Another Tanker Falls

ADEOLA YUSUF

‘Poverty or Greed,’ what Tinubu, other Nigerians said about the attitude to tanker fall, scooping and explosion   Barely two days after 98 people were burnt to death or injured when a fallen petrol tanker exploded in Niger State, another tanker fell in Bida town of Niger State on Monday. In a widely circulated video online, young persons were seen milling around the broken down truck. While some managed to scoop, others fled in different directions, apparently to prevent being caught up in an unfortunate situation. Premium Times quoted a…

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Nigeria Regains Top Spot In Africa’s Oil Upstream Investment

ADEOLA YUSUF

Nigeria has reclaimed its position as Africa’s leading oil upstream investment destination, overtaking Angola despite the latter’s continued investment in major deepwater developments. Data sourced from Wood Mackenzie, Nigeria topped the continent’s upstream capital expenditure (capex) rankings in 2024, driven by a series of incremental deepwater projects and sustained activity in its rich offshore basins. The country outpaced Angola, which had held the position in recent years, by capitalising on major oil projects such as the Agogo-Ndungu development by Azule Energy, and the ongoing work on TotalEnergies’ infill projects –…

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Vandals Responsible For Buguma Wellhead Fire – NNPC Ltd

ADEOLA YUSUF

The Nigerian National Petroleum Company Limited (NNPC Ltd) reports that the fire incident at its Buguma Wellhead 008, operated by its subsidiary, NNPC Eighteen Operating Ltd (NEOL), was directly caused by the activities of pipeline vandals attempting to compromise the Christmas Tree and steal crude oil. According to an e-signed information from NNPC Ltd, the Chief Corporate Communications Officer, NNPC Ltd., Abuja, Olufemi Soneye said that this unfortunate act of sabotage, which also resulted in severe damage to the well’s back pressure valve, reflects a disturbing pattern of repeated attacks…

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Police Commissioner Tunde Disu’s Son Dies In Road Crash

ADEOLA YUSUF

The family of Olatunji Disu, the Commissioner of Police for the Federal Capital Territory (FCT), has been thrown into mourning following the loss of his son in a horrific car accident on Monday. This heartbreaking incident has left Disu and his loved ones in a state of profound grief. READ ALSO: Nigerian Family Fulfils Dying Father’s Wish To Refund N11m To Govt Nigerian Family Fulfils Dying Father’s Wish To Refund N11m To Govt Mass Deportation Looms As Trump Officially Returns To Power ‘Strengthening Infrastructure,’ NNPC To Fix Pipelines, Depots In ‘2…

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