The Chartered Institute of Stockbrokers (CIS) held a Special Induction Ceremony at the Institute’s Secretariat in Lagos to formally admit two distinguished professionals into the prestigious community of Chartered Stockbrokers. The inductees, Mr. Abayomi Samson Oluyomi, Honourable Commissioner for Finance, Lagos State, and Mr. Oluwole Adelaja Adeniyi, Managing Director, Stanbic …
Read More »Unity Bank MD Tasks Youths on Savings Culture at World Savings Day
The Managing Director/Chief Executive Officer of Unity Bank Plc, Mr. Ebenezer Kolawole, has renewed the Bank’s call for young Nigerians to embrace a savings culture, urging them to see savings as a lifelong discipline for creating stability and financial resilience. Mr. Kolawole gave the charge while addressing students of Alvana …
Read More »EFCC boss Olukoyede joins other chief executives to address WorldStage Economic Summit 2025
*As one governor, one minister, 21 organisations set to receives WorldStage Economic Summit Awards For Outstanding Economic Impacts in 2025 The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede has confirmed his participation in the WorldStage Economic Summit 2025 which will hold this Friday, November 21, 2025 at The Event Centre, …
Read More »The Emirates A350 makes its flypast debut at the 2025 Dubai Airshow
The A350 was joined by the A380 and Boeing 777, as Emirates’ full line-up lead the commercial aerial formation Making its first-ever appearance in aerial formation, the Emirates A350 starred in the spectacular 2025 Dubai Airshow opening flypast. Joined by the Emirates Boeing 777 and the iconic A380, the airline …
Read More »A dangerous Concentration of Power: Is CBN’s Fixed Income Securities Takeover a Ticking Bomb for Nigeria’s Economy?
BY BLAISE UDUNZE The Central Bank of Nigeria’s decision to take full control of government securities issuance has been described by some as a bold move toward transparency and market efficiency. Yet, beneath the surface of this reform lies a web of structural dangers that could tighten credit even further, …
Read More »Dangote Cement Tops Nigeria’s Tax Compliance Chart for Second Consecutive Year
…As FIRS Honors Cement Company Again For the second year consecutively, leading Africa Cement manufacturer, Dangote Cement Plc has been named as the most tax-paying compliant organization in Nigeria in 2025 by the tax authority, Federal Inland Revenue Services (FIRS). The award was bestowed on Dangote Cement during the FIRS Special …
Read More »Federal Government Begins Nationwide Diabetes Screening and Training Programme Using Locally Manufactured OnPoint Glucose Monitoring Systems. …Colexa Biosensor Commends Initiative as Rollout Begins in North-Central Nigeria Lagos, Nigeria — November 17, 2025 — Colexa Biosensor Ltd, Nigeria’s pioneer manufacturer of blood glucose monitoring systems, announces the commencement of the Federal Government’s nationwide diabetes screening and capacity-building programme, following the procurement of essential medical supplies, including locally manufactured diabetes diagnostic kits. The initiative officially kicked off this week in the North-Central geopolitical zone, beginning with the training of government health officials across primary healthcare centres (PHCs). This will be followed by a nationwide screening campaign targeting 5 million Nigerians across the 774 Local Government Areas of the country. As part of this effort, the Federal Government will distribute more than 77,000 units of the OnPoint Blood Glucose Monitoring System, produced by Colexa Biosensor in Lagos, to individuals diagnosed with diabetes during the nationwide screening exercise. Each PHC will also receive diagnostic and monitoring devices to support ongoing community-level diabetes care. This programme marks a major milestone in advancing local production, improving access to early diagnosis, and strengthening Nigeria’s healthcare value chain. Speaking on the development, the National Desk officer, Diabetes of the Federal Ministry of Health, Dr. Alayo Sopekan, described diabetes as one of the fastest-growing health burdens in Nigeria, emphasizing the urgent need for early detection and monitoring: “We have many Nigerians living with diabetes, some are aware, many are not. This initiative is aimed at identifying early, those living with diabetes, improving access, reducing cost, and strengthening our local capacity in line with the administration’s commitment to unlocking the healthcare value chain.” Colexa Biosensor expressed appreciation at being selected as a key local manufacturer for this national programme and reiterated its commitment to supporting Nigeria’s fight against non-communicable diseases. According to Pharm. Kingsley Aguoru, Managing Director of Colexa Biosensor: “This partnership reflects the Federal Government’s confidence in Nigerian manufacturing capacity. At Colexa Biosensor, we remain committed to delivering high-quality, reliable diagnostic tools to improve early detection and long-term management of diabetes across the country.” The programme also aligns with the Federal Government’s broader medical relief agenda aimed at reducing the cost of essential health commodities, improving affordability, and strengthening diagnostic services nationwide. Training and screening activities will continue across all six geo-political zones in the coming weeks. For media enquiries, please contact: Corporate Communications Unit Colexa Biosensor Ltd info@colexabiosensor.com
…Colexa Biosensor Commends Initiative as Rollout Begins in North-Central Nigeria Colexa Biosensor Ltd, Nigeria’s pioneer manufacturer of blood glucose monitoring systems, announces the commencement of the Federal Government’s nationwide diabetes screening and capacity-building programme, following the procurement of essential medical supplies, including locally manufactured diabetes diagnostic kits. The …
Read More »Dangote clarifies: our 5.6% PMS price cut drives lower pump prices, not the suspension of 15% import tariffs on PMS and diesel
The attention of Dangote Petroleum Refinery has been drawn to a series of misleading publications claiming that the recent reduction in pump prices by oil marketers is a consequence of the Federal Government’s reversal of the 15 per cent import tariff. This narrative is entirely false, deliberately misleading, and inconsistent …
Read More »Stanbic IBTC hosts 11th Together4ALimb Walk; empowers 200 children across Nigeria
Stanbic IBTC Holdings, a member of Standard Bank Group, successfully hosted the 11th edition of its Together4ALimb Walk on Saturday, 15 November 2025. The company’s flagship corporate social investment (CSI) initiative focuses on underserved children aged 0 – 18 years, who are living with limb loss across the states in Nigeria …
Read More »Is Nigeria Economically Broke? Challenges and Opportunities in Africa’s Largest Economy
BY BLAISE UDUNZE Is Nigeria, Africa’s largest economy, economically broke? It is a question no patriotic citizen wants to confront, yet one that confronts every Nigerian daily at the fuel pump, the market stall, the school gate, the hospital reception, and increasingly, in the national accounts. The country’s fiscal …
Read More »
DailyrecordNg …Nigeria's hottest news blog