By Seun Ibiyemi The Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC), Prof. Mojisola Adeyeye, yesterday received the newly appointed World Health Organization (WHO) Nigeria Country Representative, Mr. Parel Ursu, at the agency’s headquarters in Abuja to discuss NAFDAC denies FG directive to halt enforcement on sachet alcohol regulationcollaborative strategies…
By Seun Ibiyemi The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by 50 basis points, lowering the benchmark interest rate from 27 per cent to 26.5 per cent in what analysts describe as a significant shift in monetary strategy. The decision was taken at the 304th meeting of the apex…
By Seun Ibiyemi The Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola, on Monday received State Directors of the City Boy Movement (CBM) from the Southwest in his office in Abuja, reaffirming the importance of youth engagement and grassroots mobilisation in national development. The delegation, led by the Oyo State Director of the City…
By Seun Ibiyemi The Association of Power Generation Companies has dismissed reports claiming that ₦2.8 trillion has been verified as the final settlement of legacy debts owed to electricity generation companies, describing the figure as misleading and unfounded. In a statement released on Monday in Abuja titled “APGC Position on Misleading Reports Regarding GenCos’ Debt…
By Seun Ibiyemi The Midstream Division of the Monitoring and Evaluation Directorate at the Nigerian Content Development and Monitoring Board (NCDMB) on Tuesday hosted a one-day Midstream Stakeholders Sensitization Workshop for midstream companies in Port Harcourt, Rivers State. Representing the Executive Secretary of the Board, Engr. Felix Omatsola Ogbe, the Acting Director of Monitoring and…
Controversial Nigerian singer Portable has turned down a N50 million offer to face popular streamer Carter Efe in a proposed boxing match, calling the sum insufficient. The offer was made by music executive Soso Soberekon during a livestream session and was quickly accepted by Carter Efe, who called for the bout to be scheduled. However,…
By Seun Ibiyemi The Nigerian Shippers’ Council (NSC) has reinforced its commitment to community development and corporate social responsibility by donating a specialized, adjustable dental chair to the dental unit of General Hospital, Apapa, Lagos. The donation, presented by a delegation led by the Director of the Special Duties Department on behalf of the Council’s…
By Seun Ibiyemi United Bank for Africa Plc (UBA) has approved its Group Audited Consolidated and Separate Financial Statements for the year ended December 31, 2025, alongside a final dividend payment, subject to regulatory approval. In a corporate disclosure referencing its earlier announcement of January 2, 2026, the bank informed Nigerian Exchange Limited and the…
By Seun Ibiyemi Access Holdings Plc has announced that its Board of Directors has approved the Group’s Audited Consolidated and Separate Financial Statements for the year ended December 31, 2025, alongside a proposed dividend payment, subject to regulatory clearance.GTCO, Zeneth bank, others dominate NGX as trillion-naira club The decision was taken at the Board meeting…
By Adeyemi David Former Kaduna State Governor, Nasir El-Rufai, has filed a N1 billion lawsuit against the Independent Corrupt Practices and Other Related Offences Commission (ICPC), accusing the agency of unlawfully invading his Abuja residence. The suit, filed before a Federal Capital Territory (FCT) court, is challenging a search warrant allegedly issued on February 4…
