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New 'Langya' Virus Found In China Infects Dozens

A new animal virus that can infect people has been identified in eastern China. But scientists say they are not overly concerned because the virus doesn't seem to spread easily between people, nor is it fatal. The newly discovered virus identified as Langya henipavirus or LayV can cause respiratory symptoms such as fever, cough, and fatigue, and is closely related to Nipah and Hendra viruses, but cannot spread easily in people. These also cause respiratory infections and can be fatal. Researchers think LayV is carried by shrews, which might have infected people directly or through an intermediate animal. The pathogen did not cause any reported deaths, but was detected in 35 unrelated fever patients in hospitals in Shandong and Henan provinces between 2018 and 2021, the scientists said,

President Buhari Officially Unveils NNPC Limited

President Muhammadu Buhari unveiled the new identity and logo of the Nigerian National Petroleum Company (NNPC) Limited, now a limited liability company. The motto of the new logo reads, ”NNPC: Energy for today, Energy for tomorrow”.

FEC Approves Reforms To Boost Revenue From Oil, Non-Oil Sectors

The Federal Government through the Federal Executive Council (FEC) has approved reforms to annually generate N3.8tn and N160bn from non-oil and oil sectors respectively. This was disclosed to State House Correspondents on Wednesday by the Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande after the Council's meeting which was presided over by Vice President, Yemi Osinbajo.

2023 Census: NPC To Recruit Three Million Nigerians

The National Population Commission (NPC) during a town hall meeting with stakeholders on the trial census for 2023 in Kafanchan has disclosed that it would recruit three (3) million ad-hoc staff for the 2023 population census. The Commission added that the recruitment website will be opened in September and interested persons should apply. 

SEC: Nigeria’s Unclaimed Dividends Rises To 180Billion

The Director-General, Security and Exchange Commission (SEC), Lamido Yuguda disclosed that unclaimed dividends rose to N180 billion as of 31 December 2021, adding that the Commission is working to ensure it reduces the level of unclaimed dividends to zero percent in the Nigerian capital market.

FNBC President: Macron Reappoints Abdulsamad Rabiu

President Emmanuel Macron of France has reappointed the Founder and Chairman of BUA Group, Abdulsamad Rabiu as the President of the France-Nigeria Business Council (FNBC) during the council’s July 2022 Meeting held in Paris, France. Speaking during the event, Abdulsamad stated that it was his personal honor to be a member of FNBC, serve as the Council’s pioneer president, and now be reappointed as president.

BREAKING: CBN Governor, Emefiele Sacked

The governor of the Central Bank of Nigeria and presidential aspirant on the platform of the All Progressive Congress Godwin Emefiele has been sacked. Although, the reason why he was relieved from his office at this time remains sketchy.

Manufacturers Threaten To Down Tools Over Increasing Cost OF Diesel

The Manufacturers Association of Nigeria has warned that a shutdown of manufacturing activities is imminent if nothing is done to address the soaring cost of energy bedeviling the sector. According to a statement by the Director-General of the association, Segun Ajayi-Kadiri, over the years, the manufacturing sector has been battered by numerous challenges which have reduced the number of industries in Nigeria and converted industrial hubs in many parts of the country to warehouses of imported goods and event centers.

CBN Issues Guidelines On Open Banking

In its effort to boost innovation in the banking industry, the Central Bank of Nigeria (CBN) has issued the regulatory framework for Open Banking in Nigeria. Open banking is a practice whereby third-party financial service providers are given access to customer banking, transaction, and other financial data which is expected to drive competition and enhance access to banking and payments services. The guidelines are contained in a document titled “Operational Guidelines For Open Banking In Nigeria”.

FCCPC: Consumers Can Seek Redress, Refund On Unsafe Goods

The Federal Competition and Consumer Protection Commission (FCCPC) advised Nigerian consumers to seek redress from supermarkets and service providers for the purchase of unsafe, defective goods. This was disclosed in an interview by the Commission’s, Executive Vice Chairman, Babatunde Irureka.

El Salvador Govt Buys 500 Bitcoins Amid Bear

The crypto market especially bitcoin has continued to plummet for the last four days and has now fallen below $31k, its lowest since July 2021. El Salvador, popularly known as the Bitcoin nation has now utilised the current bear of the crypto market and bought 500 Bitcoin at an average price of $30,744 each.

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