Stakeholders across Africa are pushing for a safer and more secure cashless economy, particularly in Nigeria, to streamline business operations and cut down on corruption. The third Africa Cashless Payment System Conference, held in Lagos and themed “Building Safer Cashless Economy and Business Communities,” brought together leaders to discuss how enhanced digital transaction security can […]
Nigeria’s average cost of a healthy diet has surged to N1,346 per adult per day in September 2024, up from N1,255 in August—a 7.3% increase according to a new report by the National Bureau of Statistics (NBS) and the Global Alliance for Improved Nutrition (GAIN). Analysts and agricultural experts argue that subsidies on fertilizers and […]
The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a warning to Nigerians regarding the illegal sale and distribution of an unregistered condom brand, Foula Condoms, found in Ebonyi and Katsina states. According to NAFDAC’s Post-Marketing Surveillance Directorate, Foula Condoms were discovered in Abakaliki, Ebonyi, and Zango, Katsina, during a recent […]
The Abuja Chamber of Commerce and Industry (ACCI), in collaboration with Autodex Nigeria Limited, Afreximbank, and key stakeholders, has officially launched the inaugural Farm, Food, and Allied Technologies Expo 2024 (FARMFATECH). Announced by ACCI President Chief Emeka Obegolu on Thursday, this landmark event aims to revolutionize agricultural innovation and strengthen international partnerships, particularly between Nigeria […]
The Securities and Exchange Commission (SEC) is taking significant steps to modernize the capital market education curriculum in Nigerian universities by incorporating vital topics such as cybersecurity, artificial intelligence (AI), and financial technology (fintech). This initiative was announced by SEC’s Director General, Dr. Emomotimi Agama, during the inauguration of a committee assigned to review the […]
The Fisheries Society of Nigeria (FISON) has called on the Federal Government to establish the Fisheries Institute of Nigeria (FIN) to strengthen the nation’s fisheries resources and enhance its blue economy. During her address at the 39th Annual National Conference and Meeting, as well as the 20th Fellowship Investiture Ceremony in Abuja, FISON President Dr. […]
The National Rubber Producers, Processors, and Marketers Association of Nigeria (NARPPMAN) South-West chapter has urged the federal government and regional leaders to prioritize the rubber industry to stimulate economic growth and job creation. The association’s Vice President, Oluwatoyin Jeremiah, emphasized the significant economic potential of rubber. “No economy can thrive without rubber,” speaking during the […]
In response to soaring food prices, Nigerian tech startup Egoras has unveiled a Corporate Social Responsibility (CSR) initiative designed to provide low-cost rice to communities in need. The initiative, launched over the weekend, aims to ease financial pressures on households hit hardest by the rising cost of living and food inflation, especially with food inflation […]
The National Agency for Food and Drug Administration and Control (NAFDAC) has intensified its efforts to tackle the circulation of counterfeit and unregistered medicines. This report exposed the widespread availability of fake Seretide inhalers in Nigerian markets just a year after GlaxoSmithKline, the UK pharmaceutical giant, exited the Nigerian market. NAFDAC’s response is part of […]
Nigeria’s Cocoa Farmers Association has unveiled a strategic plan to enhance sustainable cocoa production, focusing on youth entrepreneurship and adherence to the European Union’s Deforestation Regulations (EUDR). The communiqué, released at the National Cocoa Festival in Calabar, Cross River State, emphasizes the critical need for Nigeria to meet EUDR standards to increase foreign exchange earnings […]
