The Central Bank of Nigeria (CBN) says it has approved the participation of licensed Bureau De Change (BDC) operators in the Nigerian Foreign Exchange Market (NFEM). According to a circular signed by the Director, Trade and Exchange Department, Dr Musa Nakorji,, the move is part of efforts to improve foreign exchange liquidity in the retail segment of the market. The circular said that the CBN had also approved that weekly FX purchases by each BDC be capped at 150,000 dollars, and that utilisation comply with existing BDC operational guidelines. “All BDCs duly licensed by the CBN are permitted to access foreign…
Author: Newsdesk
Dr Adediran Adewale, President of the Association of Resident Doctors (ARD) at UniOsun Teaching Hospital, Osogbo, has urged residents to maintain clean environments to prevent rat infestations that transmit Lassa fever. Adewale gave the advice during an interview with reporters on Tuesday. He explained that Lassa fever is spread by the multimammate rat, but identifying the specific rodent can be difficult once a home becomes infested. “Lassa fever is a deadly disease that has claimed far too many lives. Sadly, even the best graduating student in my set died of the disease about three years ago in Ibadan. “My advice…
The National Agency for Food and Drug Administration and Control (NAFDAC) has inaugurated a task force in Rivers State to combat the circulation of counterfeit and fake drugs, as well as unwholesome processed foods. NAFDAC Director-General, Prof. Mojisola Adeyeye, disclosed this during the inauguration on Tuesday in Port Harcourt. She was represented by the Director of NAFDAC’s South-South Zone, Mr Chukwuma Oligbo. Adeyeye said the task force comprises officials from NAFDAC, the Rivers State Ministry of Health, the Pharmaceutical Council of Nigeria, the Pharmaceutical Society of Nigeria, and the Nigerian Police Force. She explained that the task force aims to…
President Bola Tinubu has appointed Magaji Da’u Aliyu as Managing Director of the Sheda Science and Technology Complex (SHESTCO), Abuja. SHESTCO is responsible for conducting research and development in technology and operating a nuclear research facility. The President also appointed Engr. Adesayo Olusegun Michael as Managing Director/CEO of the Nigerian Electricity Management Services Agency (NEMSA). READ ALSO: Safer Internet Day: From bans in Europe to building IQ in Nigeria – How we can protect our children Other NEMSA Board members appointed include: Engr. Aliyu Abdulazeez (Executive Director, Technical) Ikechi Clara Nwosu (Chairman, South East) Zubair Abdur’rauf Idris (Member) Igba Elizabeth…
The Internet Exchange Point of Nigeria (IXPN) says Nigeria’s low number of Autonomous System Numbers (ASNs) is weakening competition, increasing broadband costs, and limiting the growth of the country’s digital economy. IXPN Chief Executive Officer, Mr Mohammed Rudman, stated this at a media capacity building training on Nigeria’s Digital Infrastructure Economy on Tuesday in Lagos. The training was facilitated by The Media Training Room (TMTR) and Africa Hyperscalers. Rudman explained that ASNs are critical to internet ecosystem maturity, as every network connected to the global internet must have a unique number that gives it routing autonomy and operational independence. He…
The Nigerian Association of Nephrology (NAN) says 11 per cent of Nigerians are affected by kidney disease. The nephrologists made this known at a news conference on Tuesday in Maiduguri following the end of their 4-day Annual General Meeting and Scientific Conference. Worried about the rising prevalence, the association gathered in Maiduguri to explore workable solutions to tackle the problem nationwide. National President of the association, Prof. Jacob Awobusuyi, expressed deep concern over the increasing cases, stating that one in every 10 Nigerians is affected or infected with the disease. He said the conference—attended by doctors, nurses, medical health workers,…
The enforcement of the ban on sachet alcohol by the National Agency for Food and Drug Administration and Control (NAFDAC) has continued to attract commendations from pro-health groups across Africa. This is contained in a statement signed by Mr Philip Jakpor, Executive Director of the Renevlyn Development Initiative (RDI), on Tuesday in Lagos. Jakpor said the groups include the Uganda Alcohol Policy Alliance (UAPA) and Vision for Sustainable Accelerated Development (VAST-Ghana). He noted that several Nigerian civil society organizations had urged NAFDAC to remain firm, dismissing industry claims as attempts to obstruct regulation. Jakpor said such resistance aligns with global…
Cross River State has recorded high acceptance of the measles–rubella (MR) vaccination campaign, driven by school sensitization, community mobilization, and coordinated efforts by health workers, government agencies, and development partners. The campaign, part of Nigeria’s national effort to eliminate measles and rubella, is being implemented across all 18 local government areas, targeting children aged nine months to 14 years. Dr Vivien Mesembe-Otu, Director-General of the Cross River State Primary Health Care Development Agency (CRSPHCDA), stated this on Tuesday in Calabar. “The success recorded so far is due to strong collaboration among stakeholders, including traditional and religious leaders, the media, and…
The Minister of Agriculture and Food Security, Sen. Abubakar Kyari, has been appointed Chairman of the 49th Governing Council of the International Fund for Agricultural Development (IFAD). According to a statement by Mr Ezeaja Ikemefuna, Head of Information at the Ministry, Kyari was appointed during the 49th Session of the IFAD Governing Council Meeting in Rome, Italy, on Tuesday. In his acceptance speech, Kyari pledged to promote unity and inclusiveness across continents, promising impartial and strategically focused leadership to foster consensus, strengthen multilateral cooperation, and uphold IFAD’s credibility. “It is with humility and a strong sense of duty that I…
Nigerian youths are among young leaders supported by the Trinity Challenge to translate Antimicrobial Resistance (AMR) messages into local languages. This forms part of a global effort to promote behavior change and curb the growing antibiotic resistance emergency. The Trinity Challenge—a global charity focused on data-driven solutions to health threats—announced the winners of its third Antimicrobial Resistance Youth Funding Competition on Sunday. The winning youth-led projects span nine countries, including Nigeria, Cameroon, Kenya, Uganda, Ecuador, India, China, Jordan, and Tanzania. Executive Chair and Founder of the Trinity Challenge, Dame Sally Davies, highlighted the announcement in a statement on Tuesday. Davies…