Author: Ayo Oye

Dr Bashir Jamoh, the Director-General/CEO of Nigerian Maritime Administration and Safety Agency (NIMASA), has commended the Nigerian Navy for the successful enforcement of the new anti-piracy law in the country. Navy Director of Information, Commodore Suleman Dahun, in a statement on Monday in Abujasaid that Jamoh in a commendation letter to the Naval Headquarters, noted the commendable achievements of the Nigerian Navy in the discharge of its responsibilities on security and other related matters. Jamoh noted that the Navy had exhibited a high level of professionalism and expertise in collaboration with NIMASA, especially in the enforcement of the “Nigeria’s Suppression…

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Gov. Gboyega Oyetola of Osun and his deputy, Mr Benedict Alabi have congratulated the Speaker of State House of Assembly, Mr Timothy Owoeye, on the occasion of his 48th birthday anniversary.In separate congratulatory messages issued on Monday in Osogbo by the governor and his deputy commended the speaker for his commitment to the development of the state.The governor lauded Owoeye for demonstrating exemplary leadership at the Assembly, describing him as a forthright legislator and an astute administrator.He also applauded the speaker for his commitment to the development of the state, noting that the many achievements of the administration would not…

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The Department of Petroleum Resources (DPR) has warned motorists to desist from using mobile phones while refueling at filling stations to prevent fire outbreak. Mr Olusegun Daboh, DPR’s Operation Controller in Osun, told the News Agency of Nigeria (NAN) in Osogbo on Monday, that such an act was dangerous, “as petrol is highly inflammable’’. Daboh also appealed to motorists to always turn off their car engines before refueling. He further warned that marketers operating filling stations with expired licence, selling above the regulated pump price and under-dispensing, would be sanctioned. He said any unwholesome practice by petroleum marketers should be…

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The dollar fell on Monday while European shares and riskier currencies gained, with some analysts attributing the pick-up in sentiment to U.S. regulators approving a treatment for COVID-19 patients ahead of the Republican National Convention. More than 800,000 people around the world have died from the coronavirus, with the death toll in the U.S. alone, surpassing 170,000. On Sunday, the country granted “emergency use authorisation” for treatment using the blood plasma of patients who have recovered from the disease. Asian shares strengthened overnight and European indexes opened higher. Riskier currencies such as the Norwegian crown, British pound and Aussie and…

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A Plant Physiologist, Dr Olufunmilayo Idowu, has advised Nigerians to eat mushrooms because of its antioxidants content that could protect the human body against cancer.In an interview with the News Agency of Nigeria (NAN) in Ibadan on Monday, Idowu of the National Horticultural Research Institute (NIHORT) said some species of mushrooms have selenium and ergothioneine, antioxidants good for the body. She said that Oyster mushrooms, the genus pleurotus, were reputed for their content ?of antioxidants, which scavenge for free radicals in the body and bind with the agents to prevent them from causing unnecessary cell division. The plant physiologist explained…

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The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export earnings of $378.42 million in June, as against $133.16 million it posted in May 2020. The corporation disclosed this in its June Monthly Financial and Operations Report (MFOR) released on Sunday in Abuja. It said that the amount signalled a marked improvement in revenue earnings, following the ease of the COVID-19 pandemic global lockdown and the subsequent increased demand and firmer prices for the black gold in the international market. The report indicated that petroleum receipts for the month reflected crude oil earnings of $230.65million,…

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) The Presidency has again frowned at the repeated sentiments being played around a recent video clip by the opposition People’s Democratic Party (PDP), describing it as ”a complete waste of time”. The PDP had in the last few days addressed several press briefings over the video clip, showing the Chief of Staff to the President, Ibrahim Gambari, chatting along a walkway in the State House with former Chairman of the ruling All Progressives Congress (APC), Adams Oshiomhole. The PDP as well as many commentators had picked out a part where the word ‘arrest’ was mentioned and had imputed many…

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Sterling Alternative Finance (SAF), the non-interest banking division of Sterling Bank Plc, says it has developed a clean and affordable energy solution for homes and businesses across the country. Mohammed Yinusa Head of Digital Business, SAF made this known in a statement on Sunday. Yinusa said the energy solution known as Altpower, came with a package of financing that would provide consumers with flexible and pocket-friendly options. He said that Altpower was designed to provide accessible alternative – solar and renewable- power solutions to homes, businesses and public institutions in the country through monthly or installment-payment plan. “It offers a…

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The President, African Development Bank (AfDB), Dr Akinwumi Adesina says the 2020 Annual General Meeting (AGM) of the bank will provide a forum to discuss ways to help Africa in its economic recovery. According to him, it will also provide an avenue to come up with post COVID-19 strategies. Adesina said this in a video to welcome shareholders and other stakeholders ahead of the forthcoming virtual annual meeting scheduled between Aug. 25 and Aug. 27. The video was obtained by the News Agency of Nigeria (NAN) on Sunday in Abuja. He said the meeting would also offer opportunity for shareholders…

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UEFA president Aleksander Ceferin says the single game knockout format, used in their Champions League this year from the quarter-final onwards, has produced more exciting football than the usual two-legged games. Ceferin then hinted that the format could be revisited in the future. The competition’s format was changed in order to allow the competition to be completed in a shorter time-span after the COVID-19 pandemic halted play for several months across Europe in March. Eight clubs headed to Lisbon in Portugal and the final match will be contested later on Sunday, pitting Bayern Munich against Paris St-Germain (PSG). “We were…

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