Seplat Energy is a Nigerian oil and gas company with its head office in Lagos, Nigeria. The company’s presence extends beyond borders, as it is dually listed on both the Nigerian and London Stock Exchanges, providing an opportunity for investors seeking to engage with the African energy market. According to a report from channelstv, a…
Nigeria: Inflation Rate Hits 24.08%
Nigeria’s economy continues to be a cause for concern as its annual inflation rate rose to an all-time high of 24.08% in July, marking the highest level in nearly twenty years. This climb from the already concerning rate of 22.79% in June skyrockets the existing cost-of-living crisis in the nation. According to multiple reports, this…
Nigeria: British Council Hikes IELTS Fee
The British Council is a British cultural institution with headquarters in London, dedicated to fostering international opportunities. With a presence in more than 100 countries, its mission encompasses expanding awareness of the United Kingdom and promoting the English language. A noteworthy mention in its offerings is the British Council’s partnership in administering the IELTS (International…
Nigeria: Resident Doctors Suspend Strike
In a positive development, the Nigerian Association of Resident Doctors (NARD) has announced the suspension of its nationwide strike, bringing a temporary end to the demonstration that had persisted since July 25 2023, as reported by Incognito Blog here. The strike was initiated due to the lack of progress in implementing the associations demands by…
Nigeria: GSK Halts Direct Operations
GSK plc is a British multinational pharmaceutical and biotechnology company, headquartered in London. Formed through the merger of Glaxo Wellcome and SmithKline Beecham in 2000, GSK is now the tenth largest pharmaceutical company. Amidst tons of contributions, a popular product within the company’s portfolio is the widely used malaria medicine, amoxicillin. In recent reports, GSK…
Nigeria: FG Orders Removal of 18 Apps
The Nigerian Federal Competition and Consumer Protection Commission (FCCPC) has taken action against certain digital lenders operating on Google PlayStore without regulatory approval or violating the Guidelines for Digital Lending. In a statement issued on Wednesday August 2, and reported by the Guardian, the commission directed Google to remove 18 apps from the company’s application…
Nigeria: Resident Doctors Declare Strike Again
The Nigerian Association of Resident Doctors (NARD) has a history of advocating for the rights of resident doctors in Nigeria. In previous years NARD has gone on strike to protest the government’s failure to meet their demands, which pressured the government to make some concessions, including increasing the MRTF and releasing the circular on one-for-one…
Nigeria: FG Increases School Fees for FGCs
In a recent development following the subsidy removal earlier this year, the Nigerian Government has decided to increase the school fees for Federal Government Colleges (FGCs). The previous annual fee of 45,000+ Naira has been raised to 100,000+ Naira. The basis is that the increase in school fees is necessary to bridge the funding gap…
Anthrax: What You Need to Do Now
Anthrax is a serious infectious disease caused by a bacterium called Bacillus anthracis that affects both animals and humans. The spread of this disease is primarily by contact with the bacterium spores which appears in affected animals but does not typically spread between people. According to Nigeria’s Federal Ministry of Agriculture and Rural Development, there…
Lassa Fever: 170 Fatalities in Nigeria
Lassa fever is a rodent-borne viral hemorrhagic fever. The Lassa virus is spread through contact with the urine or feces of infected rodents, such as rats. In most cases, people who are infected with Lassa fever do not show any symptoms, making it difficult to detect and control its spread. However, when symptoms do occur,…