UgamatvNAFDAC Shuts Down Water Factory in Nasarawa Over Illegal Production
The National Agency for Food and Drug Administration and Control (NAFDAC) has shut down a registered water factory in Lafia, Nasarawa State, for illegally producing multiple unregistered water brands. This…
Moroccan University Seeks Fertiliser Partnership with Nigeria Under AfCFTA Framework
As Africa positions itself to harness the benefits of the African Continental Free Trade Area (AfCFTA), Morocco’s Mohammed VI Polytechnic University (UM6P) has expressed readiness to collaborate with Nigeria to…
Bill Gates to Give Away 99% of His Wealth, Gates Foundation to Wind Down by 2045
Billionaire philanthropist Bill Gates has announced plans to donate virtually all of his wealth—approximately 99%—through the Bill & Melinda Gates Foundation, which will disburse an estimated $313 billion over the…
Support Staff Shut Down Warri Refinery in Indefinite Strike Over Poor Working Conditions
Support staff at the Warri Refining and Petrochemical Company (WRPC) in Delta State have embarked on an indefinite strike, effectively shutting down the facility in protest against what they describe…
Dollar Strengthens as Investors Seek Clarity on Trade Talks
The US dollar on Wednesday edged higher against the yen and the euro as traders awaited the outcome of the Federal Reserve’s policy meeting later in the session, and uncertainty…
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- Business , News
- May 7, 2025
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Ban on Foreign Goods: PETROAN Urges Caution to Avoid Price Increases and Shortages of Petroleum Products
The Petroleum Products Retail Owners Association of Nigeria, PETROAN, has urged President Bola Ahmed Tinubu to be cautious with its proposed implementation of the ban on foreign goods imports.…
AdminWorld Bank suspends Nigerian firm, MD for bribery
THE World Bank has sanctioned SoftTech IT Solutions and Services Ltd., a Nigerian information technology solutions company, and its Managing Director, Mr Isah Kantigi, for alleged corrupt practices. The firm,…
Four banks lost N1.77bn to fraud in 2021, says report
Four Nigerian deposit money banks lost a total of N1.77bn to fraudulent activities involving the banks’ employees and consumers in 2021. This was contained in the 2021 financial statements of…
We don’t know exact daily fuel consumption – FG
Minister of State for Petroleum Resources, Chief Timipre Sylva has said that the federal government does not know the exact amount of petrol consumed across the country daily. In an interview…
if we borrow and pay asuu to take our children back to school we will have less crimes- DEPUTY MINORITY LEADER OKECHUKWU SAYS, calls on government to create enabling environment for businesses, technology
In the National assembly today, a bill was raised to create more institutions for technology, which was said to not have sat well with few lawmakers in the house. In…
