The Economic and Financial Crimes Commission (EFCC) has issued a strong warning to foreign missions operating in Nigeria, prohibiting them from conducting transactions in foreign currencies and requiring them to use the Naira for their financial activities. Furthermore, the EFCC has instructed Nigerian foreign missions located abroad to accept the[Read More…]
News
NAFDAC dismantles illegal alcohol Factory in Badagry
The National Agency for Food and Drug Administration and Control, NAFDAC, has shut down an illegal alcohol factory operating in Badagry, Lagos State. Disclosing the development on its X handle @NafdacAgency, the regulatory agency said that the factory was dismantled with the assistance of the Nigerian Army’s 15 Field Engineering[Read More…]
SIM-NIN Linkage: Airtel says 7.9m lines complied with NCC directive
Airtel Nigeria said about 7.9 million of its subscribers have successfully linked their Subscriber Identity Modules to their National Identification Number. The second-biggest telecom operator by subscriber base disclosed this on Thursday in its financial report ending March 2024. Meanwhile, 5.7 million customers were still in the process of verifying[Read More…]
NAFDAC Assures Nigerians of Drop in Cost of Medicines, Frowns on Spiral of Fake Drugs
The Director-General of, the National Agency for Food and Drug Administration and Control (NAFDAC), Prof. Mojisola Adeyeye, has assured Nigerians that the current high cost of medicines in the country will become a thing of the past as the agency in partnership with the pharmaceutical industry working hard to bring[Read More…]
NAFDAC seizes tramadol, antibiotics, other OTC medications worth N50m from drug hawkers
As part of its efforts at protecting consumers against illicit pharmaceuticals while ensuring the well-being of Nigerians, the National Agency for Food and Drug Administration and Control (NAFDAC) has disclosed its operatives seized illegal drugs worth about N50 million from street hawkers in Lagos recently. The West African country’s health[Read More…]
Irukera Raises Alarm Over Foreign Airlines’ Predatory Pricing Against Air Peace
The immediate past Director-General of the Federal Competition and Consumer Protection Commission (FCCPC), Babatunde Irukera, has raised concerns about allegations of ‘predatory pricing’ by foreign airlines against Nigeria’s Air Peace. The accusations come as Air Peace recently commenced its Lagos-London route, slashing economy class fares by approximately 66 percent. Irukera,[Read More…]
Students Raises Alarm Over Scarcity of Water, Epileptic Power Supply
The students of University of Maiduguri, Maiduguri, Borno State have raised alarm and also expressed sadness over the hardship of water scarcity and epileptic power supply that hit the campus in recent times. Speaking on this development with the University campus press recently in Maiduguri, Mary Istifanus from the Faculty[Read More…]
NAFDAC Decries “Inappropriate Marketing” Of Breastmilk Substitutes
The National Agency for Food and Drug Administration and Control (NAFDAC) yesterday warned against what it called “inappropriate marketing” of breastmilk substitutes. It reiterated the need for Nigerian nursing mothers to embrace exclusive breastfeeding of their infants for the first six months of life to improve the health status of[Read More…]
NAFDAC raids Onitsha, bursts fake alcohol factories, seizes banned drugs
NAFDAC raids Onitsha, bursts fake alcohol factories, seizes banned drugs The National Agency for Food, Drugs Administration and Control (NAFDAC) has seized banned pharmaceutical products, worth millions of naira, in the commercial city of Onitsha, Anambra, during a raid. The agency also burst factories manufacturing fake alcoholic beverages in Enugu[Read More…]
5G adoption rose to 1.11% in January – NCC
The Nigerian Communications Commission data has shown that 5G adoption in Nigeria has moved to 1.11 per cent of all connections in January 2024. According to the data sourced from its website, 5G recorded a marginal increase from the 1.04 per cent recorded in December 2023. Despite the slight uptick,[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]