The National Agency for Food and Drug Administration and Control has apprehended a trader, Chijioke Nwagu, for allegedly manufacturing and selling counterfeit drugs.
According to NAFDAC, the suspect, who lives on Elemijaye Street, Ajamgbadi area of Lagos State, carries out the illegal manufacture in the toilet of his two-bedroom flat where he mixes chemicals in a 200-litre drum.
MTN Nigeria, the nations largest mobile operator has partnered with banks in the country to enable customers to top up airtime on their mobile phones using their bank accounts.
The service has been dubbed MTN ‘Auto Top-Up’.
Abuja – The Governor of the Central Bank of Nigeria (CBN), Malam Lamido Sanusi, said the bank would begin capturing of biometric data of bank customers to ensure better services.
Sanusi disclosed this on Tuesday in Abuja at the signing of a contract with Dermalos Ltd, a German company that will handle the Banking Industry Biometric Solution Project.
LG Electronics (LG) recently announced that its latest residential air conditioner model, the Mosquito Away, will be released in Nigeria.
Specifically designed and built for the local market, the new product incorporates an impressive function that uses ultrasonic waves to combat mosquitoes. Like its predecessor, the successful Anti Mosquito, the Mosquito Away comes with all the advantages of LG’s advanced air conditioning technologies, such as powerful cooling and dependable operation in extreme temperatures.
The insurance industry in Nigeria is losing over N150 billion annually to not existent insurers. This information was disclosed by Mr. Sunday Thomas, the Director General of the Nigerian Insurers Association (NIA).
Mr. Thomas sais that of the 12.5 million vehicles on the nation’s roads, only 1.5 million have genuine insurance coverage comprising of comprehensive and third party insurance. The rest are bogus insurance coverage issued by phantom companies.