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Nigeria’s NAFDAC Cracks Down on Fake Drugs The National Agency for Food and Drug Administration and Control (NAFDAC) has seized over ₦1 trillion worth of expired and fake drugs. As a result, the agency shut down more than 11,000 illegal drug shops and arrested 40 suspects involved in selling counterfeit medications. According to NAFDAC’s Director-General,… Read more
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World Bank Set to Approve $2.2 Billion Loan for Nigeria in 2025 The World Bank is set to approve a $2.2 billion loan for Nigeria in 2025. The funds will support six key projects in economic growth, education, health, and digital development. Breakdown of the Loan: This funding follows a $1.5 billion loan Nigeria received… Read more
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FG Warns IBEDC: Rehire Sacked Workers or Face Consequences The Federal Government has ordered the Ibadan Electricity Distribution Company (IBEDC) to reinstate over 3,000 dismissed workers. This decision comes after a major protest by the Nigeria Labour Congress (NLC). Why Are Workers Protesting? Last week, NLC members in Oyo State shut down IBEDC offices. They… Read more