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Business News

DAAR Communications Board approves appointment of new Director

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Nornah-Awoh - DAAR Communications Board approves appointment of new Director

The Board and Management of DAAR Communications Plc has approved the appointment of Nornah Awoh as an Independent Director of the company. This resolution was made at the company’s meeting held on June 21, 2018.

In a notification to the Nigerian Stock Exchange (NSE), the company disclosed that Awoh’s appointment took effect from August 1, 2018.

What you should know about Normah Awoh

The newly-appointed Director is the founder and Chief Equity Analyst/CEO of Palesa Capital Markets Associates, a research firm with competency in securities and equity market. With over three decades experience in business journalism, as an erstwhile Correspondent/Head of Capital Market & Investment at now-defunct Business Concord and Nigerian Television Authority (NTA), Awoh possesses a sound grasp of the rudiments of media, but more pointedly the business fundamentals around the communication industry.

Prior to his appointment, Awoh sits as a Non-Executive director of Three Points Industries Ltd, and a member of both the Investigative Panel and Par Value Committee of The Exchange. Additionally, Awoh who is enthusiastic about human capital development also serves as a member of the MRS Oil Scholarship Scheme.

In addition to his various positions and roles, Awoh remains the anchor of a 12-year-old television programme, Stocks & Shares which airs on local and international TV networks.

Awoh holds a Bachelor of Science degree in Economics from the University of Ilorin; a devoted family man, fiercely competitive table tennis player and an active contributor to the global business community.

About DAAR

DAAR Communications Plc is an independent privately owned broadcasting organization in Nigeria. It was established on August 31, 1998, by Raymond Dokpesi and on April 23, 2007, it was converted into a public liability company.

DAAR Communications Plc provides printing, publishing, broadcasting, telecommunications and allied multimedia services across the world. The Company has broadband Internet services with capacity for voice, Internet access, video conferencing, data, telephony, and other multi-media capabilities.

The company pioneered Africa Independent Television (AIT), Ray power 100.5 FM Abuja, Raypower 100.5 FM among other broadcasting stations across the country.

DAAR Communications Plc traded ₦0.40 on the floor of the NSE as of December 31, 2018.

Famuyiwa Damilare is a trained journalist. He holds a Higher National Diploma (HND) in Mass Communication at the prestigious Nigerian Institute of Journalism (NIJ).Damilare is an innovative and transformational leader with broad-based expertise in journalism and media practice at large. He has explored his proven ability in the areas of reporting, curating and generating contents, creatively establishing social media engagements, and mobile editing of videos. It is safe to say he’s a multimedia journalist.

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    Coronavirus

    Covid-19: WHO approves China’s Sinopharm vaccine

    WHO has announced the approval of China’s Sinopharm vaccine for Covid-19 vaccination.

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    Covid-19: First world nations oppose waiving intellectual rights for vaccine development

    The World Health Organization (WHO) has announced the approval of China’s Sinopharm vaccine for Covid-19 vaccination.  The vaccine is reported to have 79% efficacy against covid.

    This was disclosed today in a report by Reuters. The vaccine would also be the second Chinese-made vaccine after Sinovac vaccine and would be the first developed outside Europe and North America to receive WHO accreditation.

    “This expands the list of COVID-19 vaccines that COVAX can buy, and gives countries confidence to expedite their own regulatory approval, and to import and administer a vaccine,” WHO Director-General, Tedros Adhanom Ghebreyesus said.

    The WHO added that the easy storage requirements make it highly suitable for low-resource settings.

    “Its easy storage requirements make it highly suitable for low-resource settings,” a WHO statement said while also disclosing that the vaccine has been approved for people above the age of 18 to receive two shots.

    “On the basis of all available evidence, WHO recommends the vaccine for adults 18 years and older, in a two-dose schedule with a spacing of three to four weeks,” the statement added.

    The vaccine was created by Beijing Biological Products Institute, a subsidiary of Sinopharm subsidiary China National Biotec Group, with an efficacy of 79% for all age groups.

    The WHO however, admitted that few older adults (over 60 years) were enrolled in clinical trials, so efficacy could not be estimated in this age group.

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    The quest for vaccine efficiency got a major boost earlier this week as Nairametrics reported that the United States government announced that it supports the waiver of Intellectual Property Protections on Covid-19 vaccine development, in a bid to boost the fight against the pandemic, and says it will participate in the Okonjo-Iweala-led WTO negotiation to make it happen.

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    Obituaries

    “Mama Taraba”, Former minister and senator, Aisha Al-Hassan is dead

    Ex-Women Affairs minister, Aisha Jummai Al-Hassan, popularly known as Mama Taraba is dead

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    A former Minister for Women Affairs and ex-Governorship Candidate in Taraba State, Aisha Jummai Al-Hassan, popularly known as Mama Taraba is dead.

    According to media reports she died in a hospital on Friday in Cairo, Egypt at the age of 61.

    Al-Hassan, who was a former senator of the Federal Republic of Nigeria from Taraba North Senatorial District, was the All Progressive Congress (APC) Governorship Candidate for Taraba in the 2015 general elections.

    READ: Abba Kyari’s last letter to President Buhari

    She later contested for the same seat on the platform of the United Democratic Party in the 2019 general elections after resigning from APC and as a minister in the administration of President Muhammadu Buhari on July 27, 2018.

    The former senator was born on the 16th of September, 1959 in Jalingo, Taraba State, to Alhaji Abubakar Ibrahim, Sarkin Ayukan Muri.

    READ: Chad’s President Deby dies of injuries suffered on the frontlines, as son takes over

    Aisha Jummai Al-Hassan attended Muhammed Nya Primary School, Jalingo and LEA Primary School, Tudun Wada, Kaduna before proceeding to Saint Faith College (now GGSS) Kawo Kaduna where she studied between January 1973 and June 1977.

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    Details later…

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