Inflation rate has done incalculable damage to the global economy and this will impact investment decision in this new year. Similarly, every financial instrument or other product denominated in a foreign currency is subject to exchange rate fluctuations. The famous Economic Intelligence Unit (EIU) has posited that commodities prices would recede in 2023 based on slow demand globally. However, in order to tame the investment red flags this year, a review of investment objective, risk tolerance and time horizon amongst others is necessary for an investor. • Oni, an integrated communications strategist, chartered stockbroker and commodities broker, is the chief executive officer, Sofunix Investment and Communications.

January 05, 2023 03:49 UTC

He explained that the nation cannot preempt illegal mining operators but wherever they are found, they will be dealt with according to the law. “As for illegal mining, that’s a problem because Nigeria is a very vast country. I must admit to you that we do not have the resources to preempt all these illegal activities because Nigeria is vast. We’re working with them to tighten the noose.”The minister urged Nigerians to support the government in containing the activities of illegal miners. Mr Adegbite noted that in the ministry, there is a satellite monitoring system from which illegal activities are closely watched.

January 05, 2023 00:36 UTC

Operatives of the Delta State Police have arrested three suspects who specialized in raping their victims and making sex videos of them before demanding ransom in the state. The suspects were identified as Cornelius Emene, Nelson Aghogho and Ufuoma Tunde. He said the suspects were arrested after one of their victims reported spotting one of them on Monday, January 2, 2023. “The suspects phones contained numerous sex video recording of their previous victims, which was also used to blackmail them and their parents. The three suspects, Cornelius Ememah, Nelson Aghogho (aka Little), and Ofuoma Tunde ‘f’, are currently in custody, and investigation is ongoing,” the statement read.

January 04, 2023 20:11 UTC

Nigeria has had a roller coaster year in 2022, with both positive and negative events taking place. The year 2022 began with the Federal Government lifting a ban on the microblogging site, Twitter, months after it was suspended. Then came the Russia-Ukraine war, which claimed lives, property and is still on with its effects being felt globally. Then there was the horrifying Abuja-Kaduna train attack, cold-blooded killings in the St Francis Catholic Church in Owo, Ondo State. The Queen of the United Kingdom, Queen Elizabeth II died and World 100m hurdles champion and record holder, Tobi Amusan, ensured that Nigeria ‘buga’ on the world stage.

January 04, 2023 19:29 UTC

And as a result, food items are left out for long periods and this may give opportunity for harmful bacteria to enter the food. Always serve food on clean plates, never use plates used for holding raw meat and poultry for cooked food. Prevent harmful bacteria from having access to the food:keep cooked foods hot at 140°F or higher by using chafing dishes, slow cookers and warming trays. LeftoversThough it is economically wise to keep leftovers for future ude, there are limits on how long you can safely keep leftovers. When heating and storing leftovers, these tips are handy:Wash hands with soap and water before and after handling food.

January 04, 2023 14:21 UTC





The Independent National Electoral Commission (INEC) has again cautioned Nigerians against a purported portal for recruitment of ad hoc staff 2023 general election. “The website/blog below is advertising ad hoc staff positions for the 2023 general election. “However, the commission is no longer recruiting ad hoc staff for the 2023 General Election. “The INEC ad hoc staff recruitment portal was officially shut down on Dec. 14 2022. The News Agency of Nigeria (NAN) reports that INEC had on Oct. 5, 2022 raised alarm on similar fake ad hoc recruitment link inecnigeria.govservice.site being circulated online.

January 03, 2023 23:36 UTC

Delivering a ruling, the Judge, Malam Rilwan Kyaudai said the marriage was dissolved after all efforts to reconcile the couple by the court and their guardians failed. He ordered the woman (Ibrahim) to return N20,000 paid as dowry. “She will also return the marriage suitcases she received and contents with the exception of the ones she has also sown. Earlier, Abdulganiyu in his petition alleged that his wife left their matrimonial home without any altercation. ”If she’s not interested in the marriage anymore, she should pay me all I spent during the wedding and return the phone and silver rings I gave her”, he said.

January 03, 2023 20:38 UTC

New govt policy to facilitate cultivation of 2.7 million hectares of riceAccording to the recently launched National Rice Development Strategy II (NRDS II) Nigeria is aiming at increasing the rice area under irrigation from less than 1 million hectares to 2.7 million hectares, particularly areas under supplementary water supply to attain 2 cropping per year. The document noted that cultivable land in the country is estimated at 4.234 million hectares, made up of rain-fed uplands at 30 percent, rain-fed lowland at 52 percent, irrigated lowlands at 17 percent and mangrove at 1 percent. The new Strategy also targets to build the capacity of 84,000 extension agents and 12 million farmers on Good Agricultural Practice (GAP) and Sustainable Rice Production (SRP). The document further noted that the objectives of the new Strategy is to bring more of Nigeria’s potential rice areas into cultivation through land development and make more rice land available. The new Rice Strategy also aims at increasing average yield to 4.0 tons per hectare for rain-fed upland, 6.0 tons per hectare for rain-fed lowland and 7.5 tons per hectare for irrigated ecology through the introduction of new high-yielding climate-smart rice varieties.

January 03, 2023 05:41 UTC

Scaling up in the new year Leadership & ManagementShareHappy new year. Review the past year Having a better outing in 2023 begins with reviewing how you performed in 2022. Reinforce Reviewing activities of the previous year will bring to the fore aspects of your engagements where you did well and give you an understanding of your areas of strength. Repair Also reviewing activities of the foregoing year gives an understanding of areas that require improvement to get a better result in the ensuing year. Resolve to reinforce your strength, resolve to repair your weak points, resolve to re-strategise and resolve to succeed in 2023.

January 02, 2023 19:30 UTC

Studies have confirmed that reusing cooking oil can cause heart disease, obesity, diabetes and other non-communicable diseases with experts in recent times stating that these conditions are on the rise in the country. Yet, some food vendors and consumers say they are unaware of the health risks of using reheated, unhealthy cooking oil to prepare food. On the reuse of cooking oil for frying Akara, he said, “Aunty Vero didn’t discard her oil after reusing it many times. I am not aware that reusing cooking oil for frying foods and other food products is harmful to health. One such unwholesome practice according to PUNCH HealthWise investigation is the reuse of cooking oil multiple times, which experts say could lead to cardiovascular diseases, especially heart attack.

January 02, 2023 02:19 UTC

A Unique Health Medical Center, Warri, in Delta state has allegedly seized a newborn for non-payment of a N383,500 hospital bill for over one month. PUNCH Metro gathered that the mother of the twins, Mrs Akpesiri Ojiko delivered the two babies on November 17, 2022, at the general hospital Warri. It was learnt that one of the babies was taken to a private Hospital on referral by the general hospital as a result of a lack of bed space. Narrating her ordeal, Mrs Ojiko appealed to the Delta State government and well-meaning individuals to assist in upsetting the medical bill to enable her to have access to her baby. “My baby is about a month and some weeks while I have not set my eyes on the female baby for a month now, don’t even allow me to see her.

January 02, 2023 00:11 UTC

France starts testing Chinese arrivals to track variants | The Guardian Nigeria News - Nigeria and World NewsFrance on Sunday began testing passengers arriving from China in order to track potential Covid variants, Health Minister Francois Braun said. “This control on arrival is not a control to prevent citizens entering our territory but a more scientific control which will allow us very precisely to check different variants,” Braun said at Charles de […]France on Sunday began testing passengers arriving from China in order to track potential Covid variants, Health Minister Francois Braun said. "This control on arrival is not a control to prevent citizens entering our territory but a more scientific control which will allow us very precisely to check different variants," Braun said at Charles de…Medical staff of the COVID-19 testing centre of the Paris-Charles-de-Gaulle airport wait for travellers from China in Roissy, outside Paris, on January 1, 2023, as France reinforces health measures at the borders for passengers arriving from China. – France and Britain on December 30 joined a growing list of nations imposing Covid tests on travellers from China, after Beijing dropped foreign travel curbs despite surging cases — and amid questions about its data reporting. (Photo by JULIEN DE ROSA / AFP)Read more:The Guardian Nigeria »

January 01, 2023 19:00 UTC

A member of Iran’s security forces has been shot dead during protests in the city of Semirom, state media said Sunday, more than 100 days after Mahsa Amini’s death sparked nationwide unrest. “Security forces were deployed to establish order in the city and, in some cases, clashes occurred with several rioters,” the report said. Iranian officials say hundreds of people have been killed in the nationwide unrest, including members of the security forces, and thousands arrested. Last month, Iran executed two men, both 23, who had been convicted of attacks against security forces in connection with the protests. Campaigners said this week dozens of protesters also face charges that carry a potential death sentence.

January 01, 2023 10:04 UTC

(FILES) In this file photo taken on May 6, 2006 Pope Benedict XVI blesses faithful, in St Peter's basilica, at the end of the mass to mark the celebration of the anniversary of the Swiss guard corp. - Pope Emeritus Benedict XVI, a German theologian whose 2013 resignation took the world by surprise, died on December 31, 2022, at age of 95, the Vatican announced. The President of CAN, Archbishop Daniel Okoh, said these in a statement obtained by The PUNCH in Abuja. According to him, Pope Benedict XVI had devoted his soul and intelligence to God for a more fraternal world, and had died in the Mater Ecclesiae monastery, a house dedicated to prayer and self-sacrifice within the walls of the Vatican Gardens. He said, “CAN pays tribute to Pope Benedict XVI who spent his days at the service of the Church, speaking to the hearts and minds of men with the spiritual, cultural and intellectual depth he possessed. “CAN extends its condolences to his relatives, the Vatican, the Catholic Secretariat of Nigeria and the faithful in Nigeria and the rest of the world over this great loss.”

January 01, 2023 08:10 UTC

Narrating her ordeal, the victim said, “I went to look for my brothers when uncle Tony met me and asked where I was going. “Instead of going up small, he drove straight to the brother’s guest house around the market. I told him, ‘Uncle this is not where you should bring me, allow me to go, my parents must be looking for me too’. “Nobody was sighted around when he brought me inside the guest house and was asking me if I was a virgin. When I managed to get home, I told my daddy what uncle Tony did”The victim’s father, Johnbest Okolie, said after the daughter had told him what happened, he now left angrily to trace Tony to the house.

January 01, 2023 01:07 UTC