The National Agency for Food and Drug Administration and Control (NAFDAC) decision to enforce a ban on the production and sale of alcoholic beverages in sachets, PET bottles, and glass bottles of 200ml and below has received the backing of Network for Health Equity and Development (NHED) and Corporate Accountability and Public Participation Africa (CAPPA). The two non-governmental organisations (NGOs) …
Amid Nigeria’s troubling macroeconomic environment, a renowned economist, Muda Yusuf, has said that the country could harness and maximise the opportunities that come with the recent positive ratings for its economy if the government shows commitment to addressing structural issues as well as concerns over the welfare of average Nigerians. Dr Yusuf expressed his thoughts …
The Socio-Economic Rights and Accountability Project (SERAP) has issued a seven-day ultimatum to the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, to account for or explain an alleged N3 trillion missing funds cited in the 2022 annual report of the Auditor-General of the Federation. The group said the report reveals a violation of public …
The Securities and Exchange Commission (SEC) said it is partnering with the Federal Mortgage Bank of Nigeria (FMBN) to develop a robust non-interest mortgage (NIM) ecosystem to tackle the country’s housing deficit. The partnership was unveiled at a high-level meeting in Abuja on Friday, November 14. It seeks to create and regulate viable, Sharia-compliant financing …
As the world marks World Diabetes Day, the Corporate Accountability and Public Participation Africa (CAPPA) has backed the call by the Diabetes Association of Nigeria (DAN) for the federal government to declare a national emergency on diabetes care. The call further demands an upward revision of the sugar-sweetened beverages (SSBs) tax, amongst other life-saving healthy …
Legal expenses incurred by Fidelity Bank Plc surged to ₦30.05 billion in the second quarter (Q2) of this year, compared with ₦701 million the bank incurred in the same period in 2024, representing a 4,187.16 per cent rise. A review of the bank's audited financial statements for the period ended June 30, 2025, released on …
The Association of Issuing Houses of Nigeria (AIHN) said the Central Bank of Nigeria's (CBN) interest rate hikes boosted investors’ demand for fixed-income instruments in 2024. Its President, Kemi Awodein, hinted at this on Thursday, November 13, at the AIHN’s Annual General Meeting and presentation of its 2024 financial statements in Lagos. She noted that the …
The expiration of the African Growth and Opportunity Act (AGOA) policy has left some unanswered questions, including how the African economies can sustain the trade gains. It also raises concern about how the continent can reposition itself in a post-AGOA environment. A report released by the Bashir Adeniyi Centre for International Trade and Investment (BACITI) …
The Nigerian capital market will officially transition to a T+2 settlement cycle for equities transactions from Friday, November 28, 2025, to align with global best practices and enhance market efficiency. The Securities and Exchange Commission (SEC) announced this in a statement by its Head of External Relations, Efe Ebelo, on Thursday, November 13. According to …
Nigeria has slipped further in the global ranking of countries protecting their public health policies from tobacco industry influence, raising public health concerns. This is according to the 2025 Nigeria Tobacco Industry Interference (TII) Index released in Lagos on Thursday, November 13. Produced by the Corporate Accountability and Public Participation Africa (CAPPA), the report indicates …
