University Don advises Nigerians to improve intake of protein

In furtherance of efforts to stem the tide of nutrition deficiencies among all age groups in the country, Nigerians have been advised to consciously improve intake of protein in their diets.    Adetunji Lawrence, Professor of Agricultural Economics, College of Agriculture, Osun State University, who made this call in a recent article, noted that the significance of proteins is often understated, whereas they offer tremendous benefits to the body. He revealed that proteins are essential for growth, repairs and replacement of worn-out cells.   According to him: “The Recommended Dietary…

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Estate agents remanded for defrauding 89 accommodation seekers of N55m

Justice Mauren Onyentenu of a Lagos Federal High Court, today, ordered the remand of two estate agents, Mufutau Ishola and Alimot Adenike Balogun, who were arraigned before her, for allegedly defrauding over 89 accommodation seekers to the tune of N55 million, in the custody of Nigerian Correctional Services, till the hearing and determination of their bail applications. The two estate agents were arraigned before Justice Onyentenu by the men of Police Special Fraud Unit (PSFU) Ikoyi-Lagos, on 90 counts charge of conspiracy and obtaining by false pretence. The prosecutor, Mr.…

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Stanbic IBTC retains Fitch’s AAA Rating

Globally renowned credit rating agency, Fitch Ratings, has reaffirmed that Stanbic IBTC Holdings PLC and its subsidiary, Stanbic IBTC Bank PLC, have retained their National Long-Term’ AAA (nga)’ and National Short-Term’ F1+(nga)’ ratings. Fitch Ratings is a leading provider of credit ratings, commentary and research for global markets. The National Long-Term’ AAA (nga)’ and National Short-Term’ F1+(nga)’ Ratings are the highest possible ratings on Fitch’s rating scale. Stanbic IBTC Holdings PLC and Stanbic IBTC Bank PLC were rated high based on the potential support from their parent company, Standard Bank…

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Delta posts adjusted pre-tax loss of $2.6b, ends Sept. quarter with $21.6b in liquidity

Delta Air Lines today reported financial results for the September quarter 2020. “While our September quarter results demonstrate the magnitude of the pandemic on our business, we have been  encouraged as more customers travel and we are seeing a path of progressive improvement in our revenues, financial results and daily cash burn,” said Ed Bastian, Delta’s chief executive officer.  “The actions we are taking now to take care of our people, simplify our fleet, improve the customer experience, and strengthen our brand will allow Delta to accelerate into a post-COVID…

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Gov. Lalong extols Runsewe as Nigeria’s authentic Cultural Ambassador

Impressed with the doggedness, organisation, perseverance and innovations brought to bear on Nigeria’s Cultural economy despite the challenges of covid19 pandemic, Plateau state Governor, Rt. Hon. Simon Bako Lalong has described Otunba Segun Runsewe, th director general of the Nationa Council for Art and Culture, NCAC as the authentic cultural ambassador of Nigeria. Governor Lalong disclosed that Runsewe’s innovative spirit and determination placed Culture in the front burner of national discourse, ensuring that the National Festival for Art and Culture, NAFEST, Nigeria’s Cultural festival holds despite the pandemic. ” I…

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EFCC urges court to dismiss Mompha’s ‘no case submission’ on alleged N32.9bn fraud

The Economic and Financial Crimes Commission (EFCC) today, urged Justice Mohammed Liman of a Lagos Federal High Court, to ignore the ‘no case submission’, filed by alleged internet fraudster, Ismail Mustapha, alias Mompha, who is standing trial over alleged N32.9 billion fraud. EFCC’s counsel, S. I. Sulaiman, stated this in a counter to Mompha’s no case submission application, which were adopted before the court today. In urging the court to dismiss Mompha’s no case submission, the prosecutor, Sulaiman said based on the evidence adduced and exhibits tendered, the prosecution have…

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