Author: DailyNaijaNews

The World Health Organisation (WHO) has called for the immediate global rollout of a breakthrough HIV drug, lenacapavir (LEN), that only requires two injections per year to offer near-total protection against HIV and the development of AIDS. Described as a long-acting antiretroviral alternative to daily pills, lenacapavir was hailed by WHO Director-General, Tedros Ghebreyesus as “the next best thing” in HIV prevention, given the absence of an effective vaccine. Mr Ghebreyesus, while speaking on Monday during the 13th International AIDS Society (IAS 2025) Conference on HIV Science, in Kigali, Rwanda said Lenacapavir has been shown in trials to prevent almost all HIV…

Justice D.I. Dipeolu of the Federal High Court sitting in Ikoyi, Lagos, on Monday, convicted two companies, FARM360 Limited and MCBHADMOS Trans-Atlantic Trade Limited, for illegal capital market operations. A statement by the Economic and Financial Crimes Commission (EFCC) said the companies were arraigned by the Lagos Zonal Directorate 2 of the EFCC, on June 16, on a five-count charge bordering on operating collective investment schemes without a licence either by the Central Bank of Nigeria (CBN), or the Securities and Exchange Commission (SEC). It was alleged that both firms, between 2021 and 2022, collected the sum of N80 million…

Two Nigerian innovations are among eight global finalists for the Trinity Challenge, which seeks data-driven solutions to tackle antimicrobial resistance and improve access to effective antibiotics. The Trinity Challenge, an international competition supported by the Hong Kong Jockey Club Charities Trust and other partners, made the announcement on Tuesday. The challenge recognises data-driven innovations that address the twin crises of substandard antibiotics and poor stock control in low- and middle-income countries. The shortlisted teams would compete for a one-million-euro prize to be shared by two winners, with the announcement scheduled for 20 August. The News Agency of Nigeria (NAN) reports that Nigeria’s…

The Awujale of Ijebuland, Oba Sikiru Adetona, died on Sunday after a remarkable 65-year reign, marking the end of an era and setting the stage for the first succession process in more than six decades. The search for his successor is expected to begin after the official mourning period. Oba Adetona, the 55th Awujale, died at 91. The deceased traditional ruler, who is the longest-reigning king of the Ijebu kingdom yet, was buried according to Islamic rites on Monday at his Igbeba residence. With the revered throne becoming vacant, aspirants eyeing the throne are likely to be warming up and consulting for the succession…

Femi Adesina, a former spokesperson to late President Muhammadu Buhari, said the former Nigerian leader could have died long ago if he had used Nigerian hospitals for medical treatments. “If he had said I’d do my medicals in Nigeria just for show off or something, he could have long been dead,” Mr Adesina stated on Tuesday when he featured as a guest on a Channels Television programme. Mr Adesina, a former editor-in-chief of the Sun Newspaper, was discussing the funeral for Mr Buhari, who served as Nigerian President from 2015 to 2023. Mr Buhari died in a London clinic on Sunday at the age…

The African Democratic Congress (ADC) on Monday announced a three-day national mourning, within its fold, to honour the legacies of former president, Muhammadu Buhari, who died on Sunday in London. This is contained in a statement issued on Monday in Kano by the party’s Interim National Chairman, David Mark. In recognition of Mr Buhari’s leadership and contributions to the Nigerian state, the ADC also suspended all its political activities at national and state levels throughout the mourning period. A coalition of some opposition leaders in the country recently adopted the ADC to challenge President Bola Tinubu in the 2027 election.…

The remains of former President Muhammadu Buhari, on Tuesday morning, departed London, the United Kingdom, for Daura, Katsina State, ahead of a state burial. Vice President Kashim Shettima is, leading a high-level Federal Government delegation to finalise documentation and logistical arrangements for the repatriation of the ex-president’s remains. On Monday, the federal government said that President Bola Tinubu will receive the former President’s remains in Katsina ahead of his final interment in Daura, Katsina State. The Minister of Information and National Orientation, Mohammed Idris, disclosed this during a press briefing in Abuja. According to Idris, the body of the former…

By Ajibola Fowowe It has been a rollercoaster for the crypto kingpins over the course of the weekend. As Bitcoin overtakes the US$120,000 level for the first time on Monday (Jul 14), marking a major milestone for the world’s largest cryptocurrency as investors bet on long-sought policy wins for the industry this week. According to Business News, Starting on Monday, the US House of Representatives will debate a series of bills to provide the digital asset industry with the nation’s regulatory framework it has long demanded. Those demands have resonated withUS President Donald Trump, who has called himself the “crypto…

Former President Muhammadu Buhari has died in a clinic London, United Kingdom. Garba Shehu, his spokesperson, announced his demise on Sunday in a post on X. “The family of the former president has announced the passing on of the former president, Muhammadu Buhari, GCFR, this afternoon in a clinic in London.May Allah accept him in Aljannatul Firdaus, Amin,” he wrote. The former president was 82 years old. Buhari ruled Nigeria as military head of state from 1983 to 1985, and later served as a democratically elected president from 2015 to 2023.

By Ajibola Fowowe The emergence of cryptocurrency in the labour capital market has empowered millions of people with financial substance creating a market place of all for all. Pump.fun a crypto coin which was launched in the early 2024 has emerge as the ‘new waking king’ as it currently raises over $600 millions in 720 seconds late Saturday evening. This development increases other crypto lifelines such as memecoins. According to the CoinMarketCap. “live Pump.fun price today is $0.007595 USD with a 24-hour trading volume of $6992615.70 USD.” Saturday’s token sale also marks a resurgence of the Initial Coin Offering (ICO)…