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Tag Archives: Nigeria

NAFDAC Seeks Stronger Synergy Btw India, Nigeria Pharma Sector

* WARNS AGAINST SUBSTANDARD, FALSIFIED MEDICINES. The National Agency for Food and Drug Administration and Control, NAFDAC has called for a synergy between the Nigeria and India Pharmaceutical sector with a view to providing unhindered access to medicines that are safe, efficacious, affordable and of required quality. The Director General, Prof Mojisola Adeyeye made the admonition at the India-Nigeria Pharmaceuticals ...

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Current Suffering Will Lead To Prosperity – Tinubu

The wife of the presidential candidate of the All Progressives Congress (APC), Sen. Oluremi Tinubu, has said the current turmoil across Nigeria is because the nation is in labour and on its way to birth prosperity. Tinubu, who spoke at a town hall meeting with the disability community in Abuja, said there will be a turnaround when her husband is elected ...

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JUST IN: Nigeria, US Sign Agreement To Return $954,000 Alamieyeseigha Loot

Nigeria and the United States on Thursday signed an agreement for the repatriation of $954,000 which formed part of looted assets recovered from the late former Governor of Bayelsa State, Diepreye Alamieyeseigha.   The Solicitor General of the Federation and Permanent Secretary, Federal Ministry of Justice, Mrs. Beatrice Jedy-Agba signed for Nigeria, while the US Ambassador to Nigeria, Mary Beth Leonard ...

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Nigeria’s Inflation Rises To 21% Amid High Import Cost, Soaring Food Prices

The consumer price index (CPI), which measures the rate of change in prices of goods and services, surged to 20.77 percent in September 2022, up from 20.52 percent in the previous month. The National Bureau of Statistics (NBS) said this on Monday in its consumer price index (CPI) report for September 2022. The figure represents the highest rate recorded since ...

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Nigeria Imports $5.26bn Generators, Others

A data released by the International Trade Centre has shown that Nigeria has spent $5.26 billion importing electricity generating sets, electric transformers, vacuum cleaners, hair clippers, and other electrical machinery. Nigerians spent $5.26bn to acquire electrical equipment between 2020 and 2021. The National Bureau of Statistics in a recent report noted that Nigeria gets 48.6 per cent of its electricity ...

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Nigeria’s Inflation Rate Surges To 11-month High

Nigeria’s inflation rate rose to its highest level in 11 months, rising from 16.82% recorded in April 2022 to 17.71%. This is according to the recently released Consumer Price Index report, released by the National Bureau of Statistics (NBS). Food inflation rose to 19.5% from 18.37% recorded in the previous month, while core inflation hit 14.9% in the review month. ...

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Bola Tinubu: Nigeria’s Political ‘Godfather’

Bola Tinubu, one of the national leaders of the ruling All Progressives Congress (APC) party, is a stalwart of Nigeria’s political scene Bola Tinubu, a political “godfather” famed for his deftness and clout, has never hidden his ambition to be president of Nigeria. In January when he announced his plans to champion the ruling APC party in the 2023 elections, ...

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NAFDAC Attains Maturity Level 3 Regulatory Status, Meets 868 WHO Recommendations

The National Agency For Food And Drug Administration and Control (NAFDAC) has announced that it has met 868 recommendations to attain “maturity level three” World Health Organisation (WHO) certification standard. This means NAFDAC has improved in standards in terms of administration, marketing and post-marketing, production registration and others. The Director-General Prof Mojisola Adeyeye announced the development at a press briefing ...

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Breaking: Kidnap Kingpin Evans, Two Others Sentenced To Life Imprisonment

Billionaire kidnap kingpin, Chukwudimeme Onwuamadike (alias Evans) was on Friday sentenced to life imprisonment along with two others by an Ikeja High Court. Evans and two others were found guilty of the kidnap of Mr Donatius Dunu, the Chief Executive Officer (CEO) of Maydon Pharmaceuticals Ltd. The others sentenced to life imprisonment are Uche Amadi and Okwuchukwu Nwachukwu. Justice Hakeem ...

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Nigeria, Egypt, 4 Other African Countries To Begin COVID Vaccine Production

The World Health Organization (WHO) said on Friday that  Nigeria, Egypt and four other African countries, (Kenya, Senegal, South Africa and Tunisia) would be the first on the continent to receive the technology needed to produce mRNA vaccines. The technology transfer project, launched last year, aims to help low- and middle-income countries manufacture mRNA vaccines at scale and according to ...

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