Protocols
Automation opens up pathway to a simplified, more user-friendly DeFi
Few doubt the potential that DeFi has to redefine crucial aspects of finance for all. But, as it stands, using DeFi platforms and protocols is often time consuming and anything but easy. One of the biggest draws of DeFi are the yields users can earn on farming and staking protocols. However, the yields on offer are constantly changing, meaning crypto enthusiasts need to stay locked to their screens to ensure they aren’t missing out. Given the 24-hour nature of this fast-moving industry, keeping on top of things is often easier said than done. Some protocols are also pretty difficult to use, requiring users to monitor a plethora of different pools. And even when you find the best returns that the market has to offer, the process of manual compounding can be quite tedious. In search of...
Nigerian community disturbed over looting, destruction, violence in South Africa
The Nigerian Union South Africa (NUSA) has expressed concern over the looting, destruction and violence that has trailed the incarceration of former President Jacob Zuma of South Africa. NUSA, in a statement made available to newsmen by its President, Adetola Olubajo, urged Nigerians in South Africa, most especially in various cities in Kwa Zulu Natal and Gauteng Provinces, to be vigilant and adopt safety and security measures. ‘The union is highly disturbed seeing the extent of looting, destructions and violence perpetrated by the angry protesters during our fact-finding trip to Johannesburg this morning. ‘Violent protest erupted in KZN province during the weekend after the incarceration of former President of South Africa, Jacob Zuma. Over 18 trucks were set ablaze, businesses looted and...
Lagos assembly to establish organ transplant dept
The Lagos State House of Assembly has organised a public hearing on a bill to establish an organ harvest transplantation department in the state Ministry of Health. The Chairman, House Committee on Health Services, Mr Hakeem Sokunle, made the disclosure at one-day public hearing on Organ Harvest and Transplantation Bill on Wednesday in Lagos. Sokunle explained that the department was to advise the state government on all matters relating to organ harvest, transplantation and preservation. The lawmaker said the department would also formulate and develop state strategies, guidelines and protocols for medical transplant and harvest in the state. He said: “The bill when passed into law will formulate and develop state strategies, guidelines and protocols for medical transplants and harvest in...
Canada’s premier says he discussed border with Joe Biden, but no deal
Canadian Prime Minister Justin Trudeau said on Sunday he has spoken with U.S. President Joe Biden about how to lift pandemic-related border restrictions between the two countries but made clear no breakthrough has been achieved. U.S. and Canadian business leaders have voiced increasing concern about the ban on non-essential travel in light of COVID-19 that was first imposed in March 2020 and renewed on a monthly basis since then. The border measures do not affect trade flows. The border restrictions have choked off tourism between the two countries. Canadian businesses, especially airlines and those that depend on tourism, have been lobbying the Liberal government to relax the restrictions. Canada last week took a cautious first step, saying it was prepared to relax quarantine protocols fo...
COVID-19: Hard choices made by Nigeria responsible for successful impact – President Buhari
President Muhammadu Buhari has said the hard choices made by his administration to tackle the coronavirus pandemic ravaging the world have yielded successful impacts. The president, who addressed Nigerians in a nationwide broadcast on Saturday to mark the 2021 Democracy Day, was referring to some measures, including travel restrictions across the states of the federation and beyond, compulsory use of nose masks, hand washing protocols and other relevant protocols instituted to limit spread of the virus. Mr Buhari said; “Our response to the pandemic involved making hard choices in balancing livelihoods and public health concerns. “You are all living witnesses to how successful this has been due to a number of proactive measures put in place. Our response to COVID-19 is globally acclaimed. “...
Nigeria records 63 new coronavirus cases
Nigeria on Friday recorded 63 new coronavirus infections in seven states and the Federal Capital Territory (FCT). The new figure raised the total number of infections in the country to 166,254, an update published by the Nigeria Centre for Disease Control (NCDC) Friday night indicates. According to the update, no new death was recorded from the virus, which has already claimed 2,071 lives in the country. The data shows that the new COVID-19 cases were reported in seven states and Abuja. Lagos recorded 25 cases, closely followed by Ondo with 22. Rivers State reported six while Akwa Ibom and Kaduna reported three each. Also, Kwara State reported two while Ebonyi and FCT reported one each. A breakdown of the data shows that 11 people were discharged on Friday after testing negative for the vi...
Boss Mustapha: Nationwide curfew not re-introduced
The Secretary to the Government of the Federation (SGF) and chairman of the Presidential Steering Committee, (PSC) on COVID-19, Mr Boss Mustapha, has clarified misrepresentation in the briefing of the PSC on Monday. Mustapha, who spoke to newsmen on Tuesday in Abuja, said it was erroneously reported that the federal government had re-introduced nationwide curfew between 12 a.m. and 4 a.m. as part of the COVID-19 safety protocols. He, however, said the announcement by the National Incident Manager, Dr. Mukhtar Mohammed, during the PSC press briefing was taken out of context because the federal government did not relax the curfew imposed earlier under Phase Three of the eased lockdown. Rather, he explained that what Mohammed said was that the federal government was maintaining the curfew und...
Nigerian government grants approval for $2.9 billion Escravos seaport
The Federal Government has granted approval for the establishment of the Escravos Seaport Industrial Complex, ESIC, to Mercury Marine Concession Company, MMCC. The proposed $2.9 billion project is majorly designed to boost economic/national development of Nigeria particularly, Delta State.Chairman, Chief Executive of the firm, Rear-Admiral Andrew Okoji, who confirmed the approval, weekend, said the Federal Ministry of Transport has directed the firm to pay N1 billion, apparently to express its interest. He said: ‘‘It is going to be a lease for about 50 years, the investment for the port is coming from abroad. “We have gotten provisional approval from the Federal Government through the Federal Ministry of Transportation, as they have told us to lodge in $1 billion as evidence of capacity to...
Navy’s newest offshore survey vessel begins homeward voyage to Nigeria
The Nigerian Navy (NN), says its newest offshore survey vessel, NNS LANA, has began her homeward journey to the country. This is contained in a statement issued on Saturday in Abuja by the Director of Information, Naval Headquarters, Commodore Suleman Dahun. He, however, said the ship will visit ports in Lisbon, Las Palmas, Banjul and Tema-Ghana, before heading to Nigeria on May 17. According to Dahun, the Chief of Naval Staff (CNS), Vice Adm. Awwal Gambo, had addressed the ship’s company. The CNS noted that the foremost desire of every littoral state is to have a fleet with the right mix of platforms to meet its operational objectives. Gambo acknowledged that the homebound voyage of NNS LANA was another milestone in the NN’s fleet recapitalisation efforts. He added that the induction of N...
Coronavirus: Nigeria gets $15 million grant for safe school reopening
The Federal Ministry of Education says Nigeria has received 15 million dollars response grant from the Global Partnership on Education (GPE) for COVID-19 safe school reopening across the country. Hajia Binta Abdulkadir, Director, Basic and Secondary Education in the ministry, said this on Wednesday in Bauchi, at a Cluster Mobilisation and Sensitisation Meetings on COVID-19 Protocols, Surveillance and Safe School Reopening Readiness. Abdulkadir was represented on the occasion by Mr Achede Owoicho, Deputy Director, Basic and Secondary Education and the Focal person for the GPE. The workshop is initiated with the support of the United Nations Children Education Fund (UNICEF). Abdulkadir noted that through the grants, UNICEF had sent WASH and ICT materials to 16 states for preparation of digit...
Arsenal star’s mum dies after coronavirus battle
Arsenal star Lucas Torreira’s mum has died after a battle with Covid-19, as reported by Uruguayan daily Ovacion. Viviana Di Pascua, 53, was recently admitted to intensive care after contracting the coronavirus in Uruguay. Torreira, who is currently on loan at Atletico Madrid, was given special permission by the La Liga club to fly home to Frey Bentos to be by her side. But Viviana’s situation worsened and on Tuesday her death was announced. Gunners midfielder Torreira contracted Covid-19 himself back in November 2020 following international duty. Torreira was the national team’s twelfth individual among players and staff to receive a positive result at the time. The 25-year-old was forced to miss two weeks of football, including a La Liga clash with Barcelona. A statement read at the time:...
Another batch of 255 Nigerians stranded in Saudi Arabia arrive Abuja
Another batch of 255 Nigerians stranded in the Kingdom of Saudi Arabia, has arrived at the Nnamdi Azikiwe International Airport, Abuja. This was disclosed by the Nigerians in the Diaspora Commission (NIDCOM) via its official Twitter handle @nidcom_gov, adding that the returnees arrived via Saudi Air Flight SV3405 at about 1.00pm time Monday, 29th March. According to the commission, they will proceed on quarantine at the Federal Capital Territory Hajj Camp for 14 days in line with the reversed COVID-19 protocols by the Presidential Task Force on COVID-19. The Nigerian government has evacuated nearly 2,000 of its nationals from the Kingdom in the last three months even as more returnees are expected in subsequent days. In February, Nigerian government received a batch of 420 returnees from S...
