NAFDAC says it has cleaned up and shutdown the Cemetery market Aba regarded as the most dreaded and hitherto safe haven for the largest cartel ring for the manufacture of fake wines and beverages in Africa. NAFDAC also confiscated adulterated wines, fake food, and beverages valued at over N5 billion. Prof Mojisola Adeyeye, the NAFDAC…
Every time you squeeze toothpaste onto your toothbrush, spray perfume on your skin, or swallow a pill, you’re using the result of a carefully crafted recipe made in a lab. These are called formulations. Formulations aren’t just simple mixtures — they’re complex arrangements of ingredients designed to work together in specific ways. Getting the recipe…
“Come make your product in America and we will give you among the lowest taxes of any nation on earth,” said US President Donald Trump. President Trump spoke on Thursday, remotely to the World Economic Forum in Davos, Switzerland. He said : “But if you don’t make your product in America, which is your prerogative, then…
▪︎ From left: Segun Ajayi-Kadir, MAN DG; Taiwo Oyedele, Chairman, Presidential Committee on Fiscal Policy and Tax Reforms.; Otunba Francis Meshioye, MAN President The Manufacturers Association of Nigeria (MAN) has expressed its support for the National Bureau of Statistics (NBS) in its initiative to rebase the Nigerian Gross Domestic Product (GDP). However, the association has…
▪︎President Donald Trump signs an executive order as he attends an indoor Presidential Inauguration parade event at Capital One Arena, Jan. 20, 2025, in Washington. Credit: VOAnews. President Donald Trump began his second term in office on Monday , as the 47th President of the United States of America. He got down to work by…
Trump is back in the Oval Office – and the long tradition of presidential redecoration is underway. In redecorating, the president symbolizes their goals for the coming four years by putting their own personal spin on the room. Trump’s creative licence shows itself in a red valet button, used by the president to request a…
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has expressed concerns that the current economic reforms implemented by the Federal Government are not fostering growth within the private sector. Instead, these reforms appear to be disproportionately benefiting the public sector. The public sector encompasses the segments of the economy that are…
The Raw Materials Research and Development Council (RMRDC) has officially launched its Quarterly Statistical Bulletin Series, a strategic initiative designed to transform Nigeria’s industrial landscape. This publication aims to serve as a foundational resource for data-driven policy formulation and a critical instrument for industrial advancement in Nigeria. During the launch event held in Abuja over…
The German Federal Ministry for Economic Cooperation and Development (BMZ) is contributing EUR 600,000 (approximately CHF 560,000) to the Standards and Trade Development Facility (STDF) to help developing economies and least-developed countries (LDCs) meet international food safety, animal and plant health standards for trade and improve their access to global and regional markets. The STDF is…
Dr. Olubunmi Kole-Dawodu, State Manager for the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has disclosed that Lagos is home to over 50 million informal businesses. This announcement was made during a recent stakeholders’ forum on Economic Data Performance, organized by the Lagos Bureau of Statistics (LBS) at the Lagos Chamber of Commerce…
