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The National Agency for Food and Drug Administration and Control (NAFDAC) has rejected reports claiming that the Federal Government instructed it to halt enforcement actions on sachet alcohol and 200ml PET bottle alcoholic products. The Agency labelled these reports as “false and misleading.” In an official statement released on Wednesday,…

The Federal Government has ordered an immediate halt to the enforcement of the National Agency for Food and Drug Administration and Control (NAFDAC)’s ban on sachet alcohol and alcoholic beverages in 200 ml PET bottles. The agency must stop all related actions. This includes sealing factories and warehouses. The directive…

Six years after its introduction, Nigeria’s Global Standing Instruction (GSI) continues to pose significant challenges for fintechs, microfinance banks (MFBs), and digital lenders. Originally designed by the Central Bank of Nigeria (CBN) to curb rising non-performing loans (NPLs), the GSI allows banks to recover overdue loans by directly debiting a…

The U.S. government has agreed to send 200 American soldiers to Nigeria to help fight terrorism.  This decision marks an important step in the relationship between the two countries, as they work together to fight violent extremist groups like Boko Haram and ISWAP.  The U.S. soldiers will train Nigerian forces,…

The Nigerian Senate has recently amended a crucial part of the Electoral Act concerning how election results are uploaded from polling units to the Independent National Electoral Commission’s (INEC) Result Viewing Portal (IREV).  This change could have a significant impact on the transparency of future elections. The key change is…