Business News
May & Baker Nigeria Plc gets a new Director
Dr Onyisi has also been recommended by May & Baker’s board for election as a Director in the company.
May & Baker Nigeria Plc has appointed Dr. Samuel Maduka Onyishi as its new Non-Executive Director.
Dr Onyishi, who was appointed during the company’s last Annual General Meeting (AGM), has also been recommended by May & Baker’s board for election as a Director of the company.
A look at Dr. Samuel Maduka Onyishi’s career
Dr. Samuel Maduka Onyishi secured admission into University of Nigeria, Nsukka to do a Diploma Programme in 1993, and later a degree programme in 1996. He graduated in 1999 with a second class upper degree in Social Works and Community Development.
He later earned an MBA in Entrepreneurship from the Institute for Transformative Thought and Learning in the Doctoral Research Centre of the University of Arizona, Phoenix, in the United States.
He founded the transportation company – Peace Mass Transit Limited (PMT) formally registering it in 1996 as a limited liability company with a paid up capital of N100,000.
Today, the transport company has fully paid-up capital in excess of four billion naira, with an asset base of over N20 billion and has grown into a business empire known as Peace Group of Companies, with PMT as the flagship having over 2,000 mini-busses in its fleet.
More so, Dr. Onyishi is a philanthropist and has won many awards and honors including an
honorary Doctor of Business Administration in May 2013, from the Enugu State University of Science and Technology.
On September 17, 2012, the government of President Goodluck Jonathan honoured
him with the award of Member of the Order of the Niger (MON).
About May & Baker Nigeria Plc
May & Baker Nigeria Plc manufactures, sells, and distributes human pharmaceuticals, human vaccines, and consumer products in Nigeria.
The company operates through and Foods, Pharmaceuticals, and Beverage segments. The company offers pharmaceuticals, including anti-diabetics; anti-hypersensitive pharmaceuticals; anti-infectives; anti-malaria; analgesic; cough and cold; multivitamin; and anxiolytics. It also provides beverage drinks, including bottled water; and package foods, such as noodles.
In addition, May & Baker engages in healthcare and industrial packaging business. May & Baker Nigeria Plc was founded in 1944 and is headquartered in Lagos, Nigeria.
The company’s stock traded N2.45 in the last trading session of NSE.
Energy
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Coronavirus
COVID-19 Update in Nigeria
On the 2nd of March 2021, 479 new confirmed cases and 8 deaths were recorded in Nigeria
The spread of novel Corona Virus Disease (COVID-19) in Nigeria continues to record significant increases as the latest statistics provided by the Nigeria Centre for Disease Control reveal Nigeria now has 156,496 confirmed cases.
On the 2nd of March 2021, 479 new confirmed cases and 8 deaths were recorded in Nigeria.
To date, 156,496 cases have been confirmed, 134,551 cases have been discharged and 1,923 deaths have been recorded in 36 states and the Federal Capital Territory.
A total of 1.54 million tests have been carried out as of March 2nd, 2021 compared to 1.49 million tests a day earlier.
COVID-19 Case Updates- 2nd March 2021,
- Total Number of Cases – 156,496
- Total Number Discharged – 135,136
- Total Deaths – 1,923
- Total Tests Carried out – 1,544,008
According to the NCDC, the 479 new cases are reported from 22 states- Lagos (153), Enugu (75), Rivers (50), FCT (40), Kaduna (18), Ebonyi (17), Plateau (17), Edo (17), Borno (16), Oyo (12) Kano (11), Abia (10), Cross River (10), Taraba (9), Nasarawa (7), Bauchi (4), Bayelsa (3), Delta (3), Ekiti (2), Niger (2), Ogun (2) and Akwa Ibom (1).
Meanwhile, the latest numbers bring Lagos state total confirmed cases to 56,001, followed by Abuja (19,274), Plateau (8,911), Kaduna (8,531), Oyo (6,746), Rivers (6,544), Edo (4,607), Ogun (4,398), Kano (3,764), Ondo (2,983), Kwara (2,931), Delta (2,576), Osun (2,433), Nasarawa (2,234), Enugu (2,078), Gombe (2,051), Katsina (2,030), Ebonyi (1,881), Anambra (1,726), and Abia (1,530).
Akwa Ibom has recorded 1,519 cases, Imo (1,497), Borno (1,292), Bauchi (1,232), Benue (1,188), Niger (917), Taraba (813), Ekiti (804), Bayelsa (772), Sokoto (769), Adamawa (762), Jigawa (496), Kebbi (377), Cross River (334), Yobe (268), Zamfara (219), while Kogi state has recorded 5 cases only.
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Lock Down and Curfew
In a move to combat the spread of the pandemic disease, President Muhammadu Buhari directed the cessation of all movements in Lagos and the FCT for an initial period of 14 days, which took effect from 11 pm on Monday, 30th March 2020.
The movement restriction, which was extended by another two weeks period, has been partially put on hold with some businesses commencing operations from May 4. On April 27th, 2020, Nigeria’s President, Muhammadu Buhari declared an overnight curfew from 8 pm to 6 am across the country, as part of new measures to contain the spread of the COVID-19. This comes along with the phased and gradual easing of lockdown measures in FCT, Lagos, and Ogun States, which took effect from Saturday, 2nd May 2020, at 9 am.
On Monday, 29th June 2020 the federal government extended the second phase of the eased lockdown by 4 weeks and approved interstate movement outside curfew hours with effect from July 1, 2020. Also, on Monday 27th July 2020, the federal government extended the second phase of eased lockdown by an additional one week.
On Thursday, 6th August 2020 the federal government through the secretary to the Government of the Federation (SGF) and Chairman of the Presidential Task Force (PTF) on COVID-19 announced the extension of the second phase of eased lockdown by another four (4) weeks.
Governor Babajide Sanwo-Olu of Lagos State announced the closed down of the Eti-Osa Isolation Centre, with effect from Friday, 31st July 2020. He also mentioned that the Agidingbi Isolation Centre would also be closed and the patients relocated to a large capacity centre.
Due to the increased number of covid-19 cases in Nigeria, the Nigerian government ordered the reopening of Isolation and treatment centres in the country on Thursday, 10th December 2020.
On 26th January 2021, the Federal Government announced the extension of the guidelines of phase 3 of the eased lockdown by one month following the rising cases of the coronavirus disease in the country and the expiration of phase 3 of the eased lockdown.
On 28th February 2021, the federal government confirmed that the first tranche of Covid-19 vaccines will arrive in Nigeria on Tuesday, March 2nd, 2021.
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