Author: Elvis Eromosele

More than 60 million Nigerians are suffering from mental illnesses, according to the President of the Association of Psychiatrists in Nigeria, Prof. Taiwo Obindo. Obindo, who is also Chairman, Faculty of Psychiatry at the West African College of Physicians (Nigeria Chapter), said to the News Agency of Nigeria on Sunday in Abuja: “Mental healthcare is in a sorry state given that we have more than 60 million Nigerians suffering from various mental illnesses and the fact that only about 10 per cent of them were able to access appropriate care. “We are left with more than 90 per cent who…

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By Rarzack Olaegbe Exclusivity is unique. It elevates you. It creates an aura of superiority around you. It bamboozles others so that non-members of an exclusive club wonder what goes on in the club. And they ask the question: Who are the members? Many exclusive clubs abound. The Presidents Club by Nancy Gibbs and Michael Duffy exposed them. George Washington founded the President’s Club at the inauguration of John Adams in 1797. It was an exclusive club of two members. In 1953, Harry Truman and Herbert Hoover re-established The Presidents Club firmly with rules and regulations. It has an unofficial…

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Organisations in the retail industry experience 77 per cent hits by Ramsomeware, making the industry the second most targeted industry by ransomware in 2021, a survey by Sophos, next-generation cybersecurity has found. The survey finds that this is a 75percent increase from 2020, topping the media, leisure and entertainment industry. “Retailers continue to suffer one of the highest rates of ransomware attacks of any industry. With more than three in four suffering an attack in 2021, it certainly brings a ransomware incident into the category of when not if. In Sophos’ experience, the organizations that are successfully defending against these…

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No fewer than 700,000 people commit suicide annually all over the world, the World Health Organization, has said. It said 77% of all global suicides occurring in low-and-middle-income countries, adding that for every suicide, there are likely 20 other people making a suicide attempt and many more have serious thoughts of suicide. WHO added that suicide is the fourth leading cause of death among 15–29-year-olds. Its Country Representative, Dr Walter Kazadi Mulombo made these known in his message to commemorate the 2022 World Suicide Prevention Day on the 10th of September. He said this year’s theme is “Creating hope through…

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As strategic partnerships continue to reshape business models around the world, International Data Corporation (IDC) predicts that by 2024, 90 per cent of enterprise organisations will be utilizing technology and vertical industry alliances to address customer and partner business requirements. IDC believes that one of the most notable outcomes of the pandemic for the technology industry has been the realisation of improved results as a direct consequence of partnerships and collaboration, with the events of the last two years opening up even more opportunities for businesses to form multiple partnerships that fill gaps, drive innovation, and disrupt entire industries. “By…

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The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Professor Umar Garba Danbatta, has hailed the conferment of the Fellowship of the Nigerian Institute of Public Relations (fnipr) on two management staff of the Commission as meritorious and a testimony to the Commission’s promotion of professionalism and excellence in its scheme of management. The NCC EVC’s assertion followed the recent investiture and induction of Mr. Reuben Muoka, Director of Public Affairs, and Dr. Omoniyi Ibietan, Head, Media Relations in the Public Affairs Department of the Commission, as Fellows of the Chartered Institute during its AGM and Conference at the…

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The importance of 5G policy control and charging function With 5G implementations around the world becoming a reality, operators have one pressing concern: where will 5G ROI come from? 5G opens a host of revenue-generation opportunities through advanced services for consumers as well as enterprises. These services span across connected devices, industrial and manufacturing applications, immersive experiences using AR/VR, and more. To maximize their ROI potential, operators need to efficiently charge for all these services, and this means reimagining their charging infrastructure with two key next-gen components: policy control function (PCF) and charging function (CHF). As 5G evolves, the services…

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The Competition and Consumer Protection (CCPC) Tribunal in Abuja, on Thursday, fined MultiChioce Nigeria Limited the sum of N25 million for disregarding its restraining order on tariff increase. A three-member panel of the tribunal chaired by Thomas Okosun had in a judgement on Tuesday, ordered MultiChoice to produce its audited financial statement to enable it to determine the appropriate penalty for the contempt. This, the panel ruled, is to “enable the tribunal to determine the appropriate penalty to impose on MultiChoice for being in contempt of the orders of this honourable tribunal made in March.” The Competition and Consumer Protection…

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Fidelity Bank is on the verge of sourcing new capital allowing for the issuance of over three (3) billion shares, the tier 1-aspiring lender said Wednesday, a move that could further expansion plans and shoot its outstanding shares above 32 billion units. It will take the route of private placement whereby a limited number of individuals, usually high-net-worth, and institutional investors are allotted all the shares and the transaction itself is conducted away from the open market. To hit the starting point, the capital raising requires the sanction of shareholders, including their need to “waive their pre-emptive rights in respect of…

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The Independent National Electoral Commission (INEC) has announced the commencement of recruitment for ad hoc staff for the upcoming general elections. The announcement was made by INEC on Wednesday on its official Facebook page. INEC revealed that the portal will be opened on September 14 by 8:00 am and scheduled to close on November 30, by 8:00 am. What INEC is saying INEC called on eligible and interested persons to visit the portal and apply. The statement partly reads “The Commission has approved the re-activation of INECPRES both the Mobile App for Android phones only and the web portal (laptops only).…

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