Day: May 8, 2018

Nigerian authorities shut three cough syrup manufacturers

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Nigeria’s authorities have shut down three leading drugs companies after a BBC investigation into addiction to cough syrup containing codeine. The National Agency for Food and Drug Administration and Control (Nafdac) said it shut the firms for failing to fully co-operate with its inspectors. The companies have not yet commented. The BBC investigation showed that the syrup was being sold on the black market, and was being used by young Nigerians to get high. It recorded figures in the pharmaceutical industry selling the drug illegally. Nafdac director Mojisola Adeyeye said…

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President Buhari To Leave For London Tomorrow For Medical Checkup

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President Muhammadu Buhari will leave Abuja tomorrow for a medical checkup in London, He will be away for four days, back in Abuja on Saturday, May 12. As shared on his official Facebook page; “I will be traveling to the United Kingdom tomorrow, to see my doctor, at his request. Will be away for four days; back in Abuja on Saturday, May 12. The Presidency has issued a statement to this effect. I look forward to my 2-day State Visit to Jigawa State on Monday and Tuesday next week, upon…

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2019: Only God Can Say Who Wins Election ―buhari

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President Muhammadu Buhari has called for patience, maturity and orderliness as the nation heads into the 2019 elections, saying that from his own experience, he could tell that it is only God who determines winners of elections. Speaking at the All Progressives Party’s (APC) Ward Congress held at Bayagida Model Primary School, Daura, Katsina state on Saturday, he, therefore, urged political parties, candidates and the electorate to put the country first and always remember that victory ultimately belongs to God. He said: “After going to the court so many times…

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TEAM NEON WINS AT THE CONRAD FINAL

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Afolabi Williams, team leader, Olubusiyi Famobiwo, Menashi Mordi and Osagumwenro Naaman Ugbo, members of Team Neon from Whitesands School, Lagos, have emerged as the 2018 Power Pitch Winner of the Smoke-Free World category of the Conrad Foundation Spirit of Innovation challenge summit held at the Kennedy Space Centre, Visitor Complex, Florida, USA. The four junior school students made it to the fourth round and final stage of the competition, the only representatives from Nigeria and Africa that participated in the finals. They pitched their idea on a Virtual Farm project,…

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$36.3bn spent on fuel importation in 5 years — CBN

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Nigeria apex bank, CENTRAL Bank of Nigeria, CBN, yesterday, disclosed that the sum of $119.409billion was spent on the importation of commodities into the country in five years. Of the amount, $36.371billion was expended on the importation of petroleum products from 2013 to 2017. The Director in charge of Research in the apex bank, Mr Ganiyu Amao made the disclosure while testifying before the House of Representatives Ad-hoc Committee on Refineries Turn Around Maintenance, TAM. Amao also lamented that the huge expenditure had affected the nation’s external reserve and induced the depreciation…

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Ecobank unveils Africa’s first unified digital payment solution

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A multi-featured digital payment solution, Ecobank Pay, is now available from Ecobank Nigeria. Ecobank Pay is built as a core part of Ecobank’s digital financial services ecosystem approach and will deliver unified and instant self-service across a range of interconnected payment solutions. It can be used by all businesses from small informal micro merchants to large corporates as well as governments, allowing them to offer easy and convenient payment options to their customers in-store or online. Ecobank Pay includes a rebrand of the Ecobank Scan+Pay QR offering, which allows customers…

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Season 7 of The GTBank Masters Cup Enters Quarter Final Stage

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The quarter finals of the 2018 GTBank Masters Cup is set to hold on May 8-9, 2018 at the Agege Stadium, Lagos with 16 male and female teams competing for a semi-final spot in the prestigious tournament. Organized by leading African financial institution, Guaranty Trust Bank plc, the GTBank Masters Cup is an annual football competition for first generation and missionary secondary schools geared towards discovering young football talents and inculcating in young people, the values of sportsmanship, camaraderie and fair play. Season 7 of the competition kicked off with…

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