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World Health Organisation
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Sweetener used in Diet Coke, yoghurt, gum ‘possibly causes cancer’ — WHO

World Health Organisation set to announce that an artificial sweetener used in Diet Coke could “possibly” cause cancer.   Aspartame, which is used in thousands of products including yoghurt and chewing gum, will be listed next month as “possibly carcinogenic to humans” for the first time by the International Agency for Research on Cancer, the […]

EFFC Dangote raid crashes Nigeria dollar bond one week - Bloomberg
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Bloomberg rates Dangote richest man in Africa

Juliet Buna President of Dangote Group, Aliko Dangote, has maintained his position as Africa’s richest man. Bloomberg in its daily top billionaire lists, released on Tues­day, revealed that Dangote with a wealth of $15.6 billion topped other Africans in the Index. Dangote, who remains the rich­est man in Africa for the 12th year running, was […]

Pakistan, IMF reach $3bn loan agreement
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Pakistan, IMF reach $3bn loan agreement

Pakistan, which has been experiencing an economic crisis has partnered with the International Monetary Fund for over $3 billion (£2.4 billion). According to BBC, the agreement was finally reached after an eight-month wait though the board of the global lender is yet to accept it. Since gaining independence from Britain in 1947, Pakistan, a South Asian country has […]

Lekki Deep Seaport berths largest container ship on Nigerian waters
Business

First transshipment vessel arrives at Lekki port

The first transshipment vessel to call at the deep seaport’s container terminal, the Rimbaud, has arrived, according to Lekki Deep Seaport management. The CMA CGM shipping company’s vessel, according to a port statement, landed at the terminal on Thursday. According to the statement, the ship carried goods from CMA CGM and Maersk, two of the biggest […]

FG saves N400bn in four weeks after subsidy removal
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FG saves N400bn in four weeks after subsidy removal

  The Federal Government has saved approximately N400 billion as a result of the removal of the subsidy on Premium Motor Spirit, commonly known as petrol. According to The PUNCH, this was disclosed through a press statement made by oil marketers on Thursday. Also as a result of the Federal Government’s recent decision to float […]

NEXIM, Fidelity, Sapphital partner to boost exports
Business

NEXIM, Fidelity, Sapphital partner to boost exports

In an effort to increase Nigeria’s foreign exchange revenues, the Nigerian Export-Import Bank has established strategic cooperation with Fidelity Bank Plc and Sapphital Learning Limited. According to The Punch, the cooperation would use the NEXIM Export Academy, an online platform that gives exporters access to funding to expand their operations and capacity-building training, to help export […]

CBN, others to review 2.9tTn tax credit scheme
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How external reserves fell by $3bn in six months – CBN

Information acquired from the Central Bank of Nigeria has revealed that Nigeria’s external reserves declined by $2.85 billion in the first half of 2023 due to external debt financing, among other issues. The Punch reported that CBN said that as of the end of June 26, 2023, the foreign reserves, which started out at $37.07 billion in […]

CBN's demand for customers' social media handles unlawful - NDPC
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CBN’s demand for customers’ social media handles unlawful – NDPC

The Central Bank of Nigeria’s new instruction to banks to gather the social media handles of their clients as part of expanded Customer Due Diligence standards is illegal, according to the Nigerian Data Protection Commission. According to Nairametrics, the commission claimed that it has begun discussions with the apex bank on the matter because there […]

PenCom recovers N25.45bn unremitted contributions
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PenCom deploys agents to recover unpaid pension contributions

The National Pension Commission has announced that it continues to use Recovery Agents to recover unpaid pension contributions and fines assessed against defaulting businesses. According to Vanguard, employee interest in the Contributory Pension Scheme decreased in the first quarter of 2023 as a result of a 10.2% YoY decline in the number of new RSA enrolments […]

The Director-General of the Advertising Regulators Council of Nigeria, Dr. Olalekan Fadolapo, has emphasized the importance of marketing and ethics in nation-building.
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Why marketing, ethics are essential to nation-building – ARCON

The Director-General of the Advertising Regulators Council of Nigeria, Dr. Olalekan Fadolapo, has emphasized the importance of marketing and ethics in nation-building. According to Vanguard, during his speech at the 2023 Annual Conference of the National Institute of Marketing of Nigeria, he hinted that the sector is about to add more value to the Nigerian marketing […]

How rising fuel cost affects fight against hunger - UN
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How rising fuel cost affects fight against hunger – UN

The United Nations has claimed that the fight against extreme hunger in Nigeria, particularly in Northern Nigeria, has escalated due to rising energy prices brought on by the removal of fuel subsidies. According to Nairametrics, the top UN humanitarian representative in Nigeria, Matthias Schmale, revealed this on Wednesday in Geneva. He disclosed that 4.3 million people in Nigeria’s […]

NDLEA laments high rate of drug abuse in Abia
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NDLEA laments high rate of drug abuse in Abia

The National Drug Law Enforcement Agency in Abia has criticized the state’s high rate of drug abuse. The Guardian reported that this was said on Wednesday at a celebration of the 2023 International Day Against Substance Abuse and Illicit Drug Trafficking by the NDLEA Commander in Abia, Mr. Dogo Yusuf. According to Yusuf, this manifested itself in a […]

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