Moghalu Criticizes CBN’s Direct Funding of SMEs and MSMEs, Advocates for Microfinance Channel

Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has voiced his concerns over the CBN’s direct involvement in funding Small and Medium Enterprises (SMEs) and Micro, Small and Medium Enterprises (MSMEs). In a statement shared on Saturday via his official X handle, Moghalu argued that such funding should be routed through microfinance banks instead.

Moghalu, a seasoned economist and former presidential candidate, also criticized Africa’s emphasis on Gross Domestic Product (GDP) growth, describing it as a “misguided worship.” He proposed a more comprehensive development strategy for Africa, outlining five key pillars crucial for the continent’s advancement.

He emphasized the importance of developing an African-centric mindset, improving education and skills for productivity, ensuring reliable electricity infrastructure, and transforming scientific innovations into marketable products through mass production. Moghalu further stressed that access to affordable capital for SMEs and MSMEs should be facilitated through microfinance institutions, rather than direct intervention by central banks.

Kano Court Bars EFCC and Police from Arresting Governor’s Chief of Staff Over Alleged Palliatives Diversion

A Kano State High Court, led by Justice Aisha Yau, has issued an order restraining the Economic and Financial Crimes Commission (EFCC) and the Nigeria Police from arresting or detaining Shehu Wada Sagagi, the Chief of Staff to the Kano State Governor. The court also prohibited any form of harassment, intimidation, or molestation of Sagagi by these authorities.

This ruling follows a legal suit filed by Sagagi against the EFCC, the Northern Arewa Merger Group (APC), Hon Musa Mujahid Zaitawa, and the Kano State Commissioner of Police. The case revolves around accusations from the Northern Youth Merger Group, an APC-affiliated platform, alleging that Sagagi was involved in diverting Federal Government palliatives. Sagagi has denied these claims.

Justice Yau’s order offers temporary protection to Sagagi, preventing any legal actions by the EFCC or police until the case is heard. The court has scheduled the next hearing for September 3, 2024.

President Tinubu Returns to Nigeria After Successful Equatorial Guinea Visit, Signs Major Gulf of Guinea Pipeline Agreement

President Bola Tinubu has returned to Nigeria after concluding a significant three-day official visit to Equatorial Guinea. The President’s Gulfstream jet landed at the Nnamdi Azikiwe International

Symptoms of Eating Too Much Pepper

1. Gastrointestinal Distress

  • Heartburn: Burning sensation in the chest or throat.
  • Stomach Pain: Cramping or burning in the stomach.
  • Diarrhea: Excessive capsaicin speeds up digestion, leading to loose stools.

2. Mouth and Throat Irritation

  • Burning Sensation: Strong, painful burning in the mouth.
  • Swelling: In severe cases, swelling in the mouth and throat.
  • Excessive Salivation: Increased saliva production in response to irritation.

3. Increased Sweat and Tears

  • Profuse Sweating: Excessive sweating as the body tries to cool down.
  • Tearing: Eyes watering due to capsaicin’s effect on tear production.

4. Nasal Congestion and Runny Nose

  • Nasal Congestion: Swelling of blood vessels in the nose.
  • Runny Nose: Excess mucus production in response to irritation.

5. Potential Skin Irritation

  • Burning Sensation: Capsaicin can transfer to your skin, causing a burning feeling.
  • Rashes or Blisters: Extreme cases may result in skin rashes or blisters.

6. Temporary Blood Pressure Spike

  • Increased Blood Pressure: Short-term rise in blood pressure due to capsaicin’s effects on heart rate and blood vessels.

7. Potential Long-Term Risks

  • Gastric Ulcers: Chronic irritation can increase ulcer risk.
  • Worsening Conditions: Can exacerbate conditions like acid reflux, IBS, or gastritis.

Key Takeaways

While pepper can enhance flavor and provide health benefits, consuming it excessively can lead to uncomfortable side effects and long-term health risks. Moderation is crucial to enjoy the benefits of pepper without experiencing negative effects. If you notice adverse reactions, it may be wise to reduce your intake and consult with a healthcare professional if needed.

Monkeypox: What You Need to Know About the New Variant and Its Transmission

Symptoms and Progression

Monkeypox, or mpox, is a rare viral disease that initially presents with flu-like symptoms. The typical incubation period ranges from 5 to 21 days, with symptoms starting 6 to 13 days after exposure. Common early symptoms include:

  • Fever: Sudden onset of a high fever.
  • Headache: Severe headaches are frequent.
  • Muscle Aches: Similar to flu-like muscle pain.
  • Chills: Accompanied by fever.
  • Exhaustion: Extreme fatigue or weakness.
  • Swollen Lymph Nodes: Painful swelling in the neck, armpits, or groin.

After the initial symptoms, a distinctive rash develops 1 to 3 days later, starting on the face and spreading to other body parts. The rash progresses through several stages:

  1. Macules: Flat, red spots.
  2. Papules: Raised bumps.
  3. Vesicles: Fluid-filled bumps.
  4. Pustules: Yellowish fluid-filled bumps.
  5. Scabs: Pustules scab over and eventually fall off.

The rash can be itchy or painful and typically lasts 2 to 4 weeks. Most people recover fully, though complications can occur.

Transmission

Monkeypox can be transmitted through various means:

  • Human-to-Human Transmission:
  • Direct Contact: Through physical contact with the rash, scabs, or bodily fluids of an infected person, including sexual contact.
  • Respiratory Droplets: Prolonged close contact can lead to transmission through respiratory droplets, although this usually requires extended exposure.
  • Contaminated Objects: Contact with contaminated items, such as clothing or bedding, can spread the virus.
  • Animal-to-Human Transmission:
  • Bites or Scratches: From infected animals, particularly rodents and primates.
  • Consumption of Infected Meat: Handling or eating the meat of infected animals, such as wild game, can transmit the virus.
  • Vertical Transmission:
  • Mother to Fetus: An infected pregnant woman can transmit the virus to her fetus via the placenta.

Preventive Measures

To prevent monkeypox, consider the following measures:

  • Avoid contact with animals that might carry the virus.
  • Practice good hygiene.
  • Avoid close contact with infected individuals.
  • Vaccination can provide protection, especially for those at higher risk.

Being aware of the symptoms and transmission methods can help in taking the necessary precautions to prevent the spread of monkeypox.

Africa Faces Severe Antimicrobial Resistance Crisis, WHO Reports High Mortality Rates

The Africa Centres for Disease Control and Prevention (Africa CDC) has issued a stark warning about the escalating crisis of antimicrobial resistance (AMR) across the continent. The latest report reveals that Africa experiences the highest mortality rate from AMR, with 27.3 deaths per 100,000 people—surpassing the combined death toll from HIV/AIDS, tuberculosis, and malaria.

Dr. Raji Tajudeen, Deputy Director-General of Africa CDC, highlighted the severe impact of AMR on vulnerable populations, including children. AMR occurs when microorganisms evolve resistance to antimicrobial drugs, largely due to misuse and overuse in healthcare, agriculture, and food systems. This resistance leads to treatment failures, increased disease spread, and higher mortality rates.

The report underscores the urgent need for funding and resources to combat AMR, noting that the continent requires an estimated $2.6 billion annually for an effective response. However, current funding is significantly less than what is allocated to other major diseases. Without timely intervention, global drug-resistant infection deaths could reach 10 million by 2050, with Africa projected to account for 4.5 million of these deaths.

Dr. Tajudeen emphasized the necessity of a comprehensive, multi-sectoral approach involving all levels of society to address this crisis. The Africa CDC also highlighted the importance of expanding surveillance, improving public and animal health systems, and securing sustainable financing.

The report is expected to inform discussions at the upcoming United Nations General Assembly High-Level Meeting in September, aiming to drive global action against AMR. The African Union-Inter African Bureau for Animal Resources also called for urgent action to tackle AMR’s impact on agrifood systems, food safety, and economies.

In Africa, where AMR prevalence in animal farms is reported in 37 countries, only 16 percent are conducting routine surveillance. Strengthening leadership, expanding surveillance, and promoting responsible antimicrobial use are crucial steps to mitigate this growing threat.

WHO Warns of Potential Increase in Dangerous Mpox Cases in Europe Following First Detection Outside Africa

The World Health Organization (WHO) has issued a warning about the potential for an increase in dangerous mpox cases in Europe. This alert comes after Sweden reported its first case of the new, more severe mpox strain, Clade 1b, which has been causing a significant outbreak in the Democratic Republic of Congo (DRC).

The case in Sweden was confirmed just after the WHO declared the mpox surge in Africa a public health emergency of international concern. The strain, which has resulted in hundreds of deaths in the DRC, has now spread to Burundi, Kenya, Rwanda, and Uganda.

Sweden’s Public Health Agency confirmed that the infection was contracted during travel to the DRC, the epicenter of the outbreak. Despite this, the agency maintains that the risk to the general population in Europe remains very low.

The WHO’s European regional office is collaborating with Swedish authorities to manage the situation and emphasizes that the interconnectedness of the world may lead to more imported cases in Europe. The organization advises against travel restrictions and stigma towards affected regions.

In response to the outbreak, the DRC has recorded 15,664 potential cases and 548 deaths across all 26 provinces. The government has implemented a national vaccination strategy and improved surveillance measures.

The US Department of Health has pledged 50,000 doses of the JYNNEOS vaccine to aid the DRC, and Danish drugmaker Bavarian Nordic is preparing to produce up to 10 million doses by 2025. Mpox, formerly known as monkeypox, causes fever, muscle aches, and skin lesions and is transmitted through close contact with infected individuals or animals.

Gaza Cemeteries Overwhelmed: Undertakers Resort to Stacking Graves Amid War’s Devastation

In Gaza, the ongoing conflict has pushed the region’s cemeteries to their limits, with undertakers now stacking graves on top of one another due to the overwhelming number of casualties. The Deir el-Balah cemetery has become so congested that gravediggers are compelled to bury new bodies atop existing graves, creating layers of interred remains.

Saadi Hassan Barakeh, a gravedigger with 28 years of experience, describes the situation as unprecedented. “The cemetery is so full that we now dig graves on top of other graves. We’ve piled the dead in levels,” he says. Barakeh, who previously worked at the Ansar cemetery, now handles the Al-Soueid cemetery alone due to the sheer volume of bodies.

The health ministry in Gaza reports a death toll surpassing 40,000 since the conflict began over 10 months ago. The overwhelming number of funerals has drastically increased, with Barakeh and his team burying 200 to 300 people weekly, compared to one or two funerals per week before the war.

Barakeh, who works from dawn until dusk, struggles with the emotional toll of his job, recounting harrowing scenes of death that disturb his sleep. “I can’t sleep after seeing so many mangled children’s bodies and dead women,” he says, noting the particularly tragic burial of 47 women from a single family.

Appeal Court Overturns Ban on PDP Leaders’ Participation in Party Meetings

On August 16, 2024, at 12:37 PM, by Enioluwa Adeniyi

The Court of Appeal in Abuja has overturned the orders issued by Justice Inyang Ekwo of the Federal High Court, which had barred three prominent members of the Peoples Democratic Party (PDP) from attending the party’s National Executive Committee (NEC) meetings.

The PDP leaders affected by this decision include former National Chairman Uche Secondus, former Rivers Governor Celestine Omehia, and former Deputy Speaker of the House of Representatives Austin Opara.

In separate unanimous rulings on Friday, a three-judge panel of the Court of Appeal upheld the appeals of Secondus, Omehia, and Opara, stating that the Federal High Court lacked jurisdiction over the issue. The appellate court ruled that disputes regarding attendance at party meetings and internal party activities fall solely under the party’s purview and are not subject to judicial review.

The Court of Appeal also nullified the proceedings and restraining orders issued by Justice Ekwo on April 5, declaring them invalid.

Carabao Cup Round 2 Fixtures Announced: Thirteen Premier League Clubs Join the Action

The draw for Round 2 of the 2024/2025 Carabao Cup has been officially released, featuring thirteen Premier League clubs not participating in European competitions, along with Burnley, Luton Town, and the winners from Round 1. The fixtures, scheduled for the week beginning August 26, 2024, will see the competition split into Northern and Southern sections.

The EFL confirmed that with 47 teams already through to Round 2, Sheffield Wednesday, Plymouth Argyle, and Middlesbrough secured their spots by winning their Round 1 matches.

Southern Section Fixtures:

  • Coventry City vs. Oxford United
  • Swansea City vs. Wycombe Wanderers
  • AFC Wimbledon vs. Ipswich Town
  • Birmingham City vs. Fulham
  • Watford vs. Plymouth Argyle
  • West Ham United vs. Bournemouth
  • Queens Park Rangers vs. Luton Town
  • Brighton & Hove Albion vs. Crawley Town
  • Crystal Palace vs. Norwich City
  • Cardiff City vs. Southampton
  • Millwall vs. Leyton Orient
  • Colchester United vs. Brentford

Northern Section Fixtures:

  • Grimsby Town vs. Sheffield Wednesday
  • Everton vs. Doncaster Rovers
  • Blackburn Rovers vs. Blackpool
  • Fleetwood Town vs. Rotherham United
  • Shrewsbury Town vs. Bolton Wanderers
  • Nottingham Forest vs. Newcastle United
  • Barrow vs. Derby County
  • Leicester City vs. Tranmere Rovers
  • Middlesbrough vs. Stoke City
  • Barnsley vs. Sheffield United
  • Harrogate Town vs. Preston North End
  • Walsall vs. Huddersfield Town
  • Wolverhampton Wanderers vs. Burnley