Day: March 31, 2019

GTBank reacts to purported enforcement of court judgement

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One of the nation’s leading financial institutions, GTBank has decided to put to rest, frivolous reports trending on the social media. The issue involves the Innoson Motors, a customer of the Bank as well as the Nigerian Customs. In the official statement issued by the bank, it states: “The attention of Guaranty Trust Bank Plc (‘the Bank’) has been drawn to statements circulating in the news and social media in respect of a purported enforcement of a Judgement of the Federal High Court, Ibadan, Oyo State, at one of its…

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Having More Children Slows Down Aging -study

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A new study by Simon Fraser University researchers has shown that the number of children born to a woman has the potential to influence the rate at which her body ages. The study, led by Health Sciences Prof. Simon Fraser University, Pablo Nepomnaschy and postdoctoral researcher, Cindy Barha, found that women who give birth to more surviving children exhibited longer telomeres. Telomeres are the protective tips found at the end of each DNA strand and are indicative of cellular aging. Longer telomeres are integral to cell replication and are associated…

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Five dead in 15 fresh Lassa fever cases

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In its latest report on the outbreak of Lassa fever, the National Centre for Disease Control said that 15 new cases were recorded between March 18 and 24, 2019 in Edo, Ondo, Bauchi, Taraba, Plateau and Ebonyi states with five deaths also recorded in three of the states. The centre said 119 deaths had been recorded so far around the country, stressing that the new figure of reported cases brought to 1,924 the number of cases recorded between January 1, 2019 and March 24, 2019. According to the agency, Edo…

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$350m Abacha loot: Senate yet to get proposal on how FG will spend money

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….Reps Panel Probes Funding Of TraderMoni The Danjuma Goje-led Senate Committee on Appropriation has confirmed that the controversial TraderMoni scheme through which the Federal Government disburses funds to petty traders is actually part of the entire budget for the National Social Investment Programmes (NSIP). The NSIP include N-Power, National Home-Grown School Feeding Programme (NHGSFP), National Cash Transfer Project (NCTP), and Government Enterprise and Empowerment Programme (GEEP). GEEP comprises MarketMoni, FarmerMoni and TraderMoni through which credit facilities are made available to micro-businesses. A source in the committee disclosed that so far,…

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