Nido Infant milk not registered in Nigeria says

The National Agency for Food and Drug Administration and Control (NAFDAC), on Sunday declared that the Nido infant milk formula, alleged to contain sugar or honey, was not registered and sold in Nigeria. Its Director-General, Prof. Mojisola Adeyeye, who made this known in a statement said the attention of NAFDAC’s Management was drawn to an […]

President Tinubu insists Fuel Subsidy Removal in best interest of Nigeria

President Bola Tinubu has maintained that his administration’s decision to remove the subsidy on Petroleum Motor spirit (petrol) was in the best interest of Nigeria, and in order to avert the Country plunging into bankruptcy. Speaking on Sunday during the opening plenary of the World Economic Forum (WEF) in Saudi Arabia, President Tinubu, who acknowledged […]

President Tinubu approves take-off of Consumer Credit Scheme

President Bola Tinubu has approved the take-off of the first phase of the Consumer Credit Scheme (CCS) starting with members of the civil service. According to a statement today by his media aide, Ajuri Ngelale, the initiative, in collaboration with financial institutions and cooperatives nationwide, serves as the lifeblood of modern economies, enabling citizens to […]

Dangote Refinery further cuts down prices of diesel and aviation fuel

Dangote Petroleum Refinery has announced a further reduction in the prices of diesel and aviation fuel to N940 and N980 per litre, respectively. Its Head of Communication, Anthony Chiejina, said the price change of N940 is applicable to customers buying five million litres and above from the refinery, while the price of N980 is for […]

State police are still a ways off in Nigeria

The Inspector General of Police (IGP) Kayode Egbetokun believes Nigeria is not “mature” for state policing despite the myriad of security challenges facing it.  Speaking yesterday during a national dialogue on state police held in Abuja, the Police IG, represented by Assistant Inspector-General, Ben Okolo, said it is the submission of the leadership of the […]

Nigeria’s Inflation Rate Rises To 22.79%

Nigeria’s Consumer Price Index (CPI) rose to 22.79% in June from the 22.41%recoded in May 2023.This is according to the latest CPI report released by the National Bureau ofStatistic (NBS) on Monday.The CPI measures the rate of change in prices of goods and services.“In June 2023, the headline inflation rate rose to 22.79% relative to […]