Sugar in Infant Formulas: NAFDAC speaks on NESTLE products in Nigeria

NAFDAC said unlike Cerelac, Nido, the follow-up milk formula by Nestle, was not registered in Nigeria and is not in the country’s market. The National Agency for Food and Drug Administration and Control (NAFDAC) has said the infant formulas by Nestle, a…

NGX Group, Others Acquire 75% Stake in Ethiopian Securities Exchange

Nigerian Exchange Group Plc (NGX Group), and other investors have acquired a 75 per cent stake in the Ethiopian Securities Exchange (ESX). NGX Group is among the top institutional investors that have injected capital into the operationalisation of the bourse alongside…

$2.3bn Siemens power project transformers, substations arrive Nigeria

Electricity transformers and substations meant for the $2.3bn Siemens power project have arrived in the country as the project gains traction, Minister of Power, Adebayo Adelabu, said on Sunday. The development came a few months after the Federal Government renewed…

New book on Ifa to be released in Lagos.

A new book on Ifa will be released on 13 April 2024 at the Kongi’s Harvest Art Gallery, Freedom Park, Lagos. The book, entitled “Sacred Art of Odu Ifa” was written by the Grammy Award-winning musician-philosopher, Olalekan Babalola, It has…

Electricity tariff: Abuja DisCo apologizes over wrong charges

Abuja Electricity Distribution Company has apologized to its customers for the wrongful billing of the new tariff rate. The firm attributed the development to a system glitch. This was disclosed in a tweet via the company’s X handle on Thursday.…

Managing the fallout of economic reform: the need to come together

The Nigerian Labour Congress organised a protest on February 28, 2024. The protest targeted the hardships caused by the economic reform implemented by the Bola Ahmed Tinubu administration. It was planned for two days but was called off after the…

MTN suffers outage in Nigeria, gives reason

“We apologise for the inconvenience and ask for your patience and understanding as the team works to restore full service as soon as possible.” Mobile network operator MTN has apologised to its Nigerian customers after users experienced outages in many…

Nigerians will overcome challenges soon — Tinubu

President Bola Tinubu on Wednesday acknowledged the pains all Nigerians were going through, but Nigerians that very soon the country would overcome all the socio-economic challenges. President Tinubu, who said this in Akure, the Ondo State Capital at the residence of…

Bank customers in last-minute rush as NIN-BVN linkage deadline expires March 1

NEWS Bank customers in last-minute rush as NIN-BVN linkage deadline expires March 1 Banks are currently experiencing a surge of customers as the March 1 deadline for the linkage of Nigeria National Identification Numbers (NIN) to Bank Verification Numbers (BVN)…

Laide Bakare fires back at critics following fight with Chizzy Alichi

Nollywood actress Laide Bakare has responded strongly to those labeling her a failure following her fight with fellow actress Chizzy Alichi. Earlier this week, Laide and Chizzy decided to settle their differences through a celebrity boxing match held on Saturday. Similar to…