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Month: April 2019

CBN Set To Withdraw Over N7 Trillion Mutilated Notes From Circulation

The Central Bank of Nigeria (CBN), is to commence the withdrawal of about N7.9 trillion of dirty naira from circulation. The CBN said the notes are dirty, mutilated, unfit for Automated Teller Machines (ATMs) and over-the-counter payments. A statement by CBN’s Deputy Governor, Operations Folashodun Shonubi and Director, Currency Operations Department Mrs. Pricilla Eleje spoke […]

NAF Launches Agusta Power Helicopters At 55th Anniversary

As part of activities marking the 2019 Nigerian Air Force (NAF) Day Celebration, the President, Commander-in-Chief (C-in-C) of the Armed Forces, Federal Republic of Nigeria, Muhammadu Buhari has inducted 2 new Agusta 109 Power Helicopters into the Service.  This is to boost the performance of the NAF’s constitutional roles of defending the territorial integrity of […]

Oando Wins Shareholder Confidence: Posts N4.6 Billion Profits in Q1 2019

The year 2019 continues to favour Oando PLC, Nigeria’s leading indigenous energy solutions provider. At the end of March the company published its FYE 2018 results with the announcement of a third consecutive year of profits. The company continues to wax strong posting results for the first quarter of 2019 (Q1 2019), with a profit […]

UBA in partnership with Mastercard Reward Customers with All-Expense Paid Trip to UEFA Champions League Semi’s & Finals 

Leading Pan-African Bank, United Bank for Africa (UBA) PLC in partnership with leading global payments and technology company, Mastercard, have announced they are giving away all-expenses paid trips to the Semi-Finals and Finals of the 2019 UEFA Champions League to 12 lucky UBA Mastercard holders and their plus ones.    Open to all existing and new UBA […]

NAMA Begins The Upgrade Of Its Radio Infrastructure Across The Country

The Nigerian Airspace Management Agency (NAMA) has taken steps for the replacement all the Very High Frequency (VHF) radios at 14 sites across the country. This is as part of efforts to boost the clarity of radio communication especially at the upper airspace. These sites include: the eight existing remote sites in Lagos, Kano, Wukari, […]

Guinness Nigeria Celebrates 69th Anniversary

Established in 1950, Guinness Nigeria Plc is celebrating 69 years of driving growth and success.  As the first and only total beverage alcohol (TBA) company in the country offering a wide range of products across categories, Guinness Nigeria, a subsidiary of Diageo, has been contributing to the economic and societal development of the nation for […]

Atlantic American Partners Launches United States EB-5 Visa Investment Program In Nigeria

   Atlantic American Partners (AAP) has launched its United States EB-5 Immigrant Investor Program in Nigeria. The program is a convenient means to help potential investors in Nigeria to secure a hassle-free immigration process to live, work, and attend school in the U.S., while also getting a reasonable return on their initial investment.  The  EB-5  […]

NAFDAC Warns Against Use Of Losartan Potassium Tablet, Automatic Transport Ventilators

The National Agency for Food and Drug Administration and Control (NAFDAC) has alerted Nigerians of the recall of Losartan potassium tablet by its manufacturers. NAFDAC has also warned healthcare providers to stop using some automatic ventilators because of the danger they pose to human health. A statement by Prof. Moji Adeyeye, NAFDAC’s Director General, revealed […]

False Diagnosis of Typhoid Must Stop In Nigeria

In Nigeria, if you called in sick and couldn’t go to work, it was probably because you had Malaria and Typhoid. But let me shock you, Dr Odunayo Talabi , a Harvard Global Health Fellow and MD of Prettyhealth Care Ltd Lagos, explained. The rate of Typhoid fever occurrence in sub-Saharan Africa, based on existing studies, […]

NAFDAC Refutes Report of 70 Percent Fake Medicines in Nigeria

  The National Agency for Food and Drug Administration and Control (NAFDAC) has denounced a newspaper report that 70 per cent of medicines in Nigeria were fake. A press statement by Prof. Moji Adeyeye, Director General of the agency  said that the false report was published by Vanguard Newspaper. Adeyeye said that a study jointly […]

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