Business SMEs Top Story

Nigerian startups help fight scourge of fake medicines

Startups in Nigeria are helping fight counterfeit pharmaceutical drugs in Africa’s most populous nation, where the prevalence rate of fake drugs is higher than the global average 10% and contributes to several deaths annually. The most counterfeited are drugs for anti-malaria, pain and antibiotics, according to the National Agency for Food and Drug Administration and Read More…

Business Oil & Gas

Resuscitate refineries to boost economy, ex-CBN director urges FG

Sango-Ota (Ogun), Jan. 7, 2022 (NAN) A former Director of Central Bank of Nigeria (CBN), Dr Titus Okunroumu, has called on the Federal Government to intensify efforts at resuscitating the nation’s refineries to boost the economy. Okunroumu told the News Agency of Nigeria (NAN) on Friday in Sang-Ota, Ogun, that most of the refineries were Read More…

Business Economy Top Story

Inflation down to lowest in more than five years in November

It is still double-digit inflation but in November, Nigeria experienced its lowest inflation climb in more than five years. In November, eased by 0.59 percentage points to 15.40% in November. According to Simon Harry of the Nigerian Bureau of Statistics (NBS), “Inflation has continued its declining trend.” Last month, Finance Minister Zainab Ahmed said the Read More…

COVID19 Health Nigeria Top Story

Nigeria administers 5.7 million COVID-19 vaccines, targets 112 million by 2022

Abuja, Nov. 8, 2021(NAN) The National Primary Healthcare Development Agency (NPHCDA), has vaccinated 5,770,899 eligible persons with the first dose of the COVID-19 vaccination while 3,146,885 have taken the second dose (fully vaccinated). The Director, Planning Research and Statistics, NPHCDA, Dr. Abdullahi Bulama Garba, disclosed this on Monday in Abuja, at the Ministerial Press Briefing Read More…