Business
EU Discusses Horsemeat Scandal Today
As the horsemeat scandal continued to spread across the continent, European Union officials have scheduled a meeting today to discuss the issue, an Irish official said Monday.
Simon Coveney, Ireland’s agriculture minister, called for the informal session in Brussels, Belgium, inviting the EU Health Commissioner Tonio Borg and ministers from other European Union nations.
Coveney said officials need to take “whatever steps may be necessary at EU level to comprehensively address this matter.”
French officials said Monday they will take measures to ensure that no suspicious products remain for sale, according to a CNN report.
Officials said customers of the food supplier at the center of the uproar, French-based Comigel, will be inventoried.
“We will look (starting Monday) at who their clients are and, as a consequence, we will see what products will have to be taken off the market because there is a reasonable suspicion that these products are composed of horsemeat and not beef,” said France’s junior minister for the social economy, Benoit Hamon.
Horsemeat has been discovered in products that are supposed to be 100% beef sold in Sweden, the United Kingdom and France. As many as 16 European nations may be involved in the supply chain, officials say.
French officials said that they should know by today whether fraud or negligence is to blame for the scandal.
Agriculture Minister Stephane Le Foll said regulators weren’t at fault.
“This is not a regulation failure,” he said. “We have to stop saying that just because there is a fraud. That’s like saying that just because there are police officers around and that an accident happens, there is a failure on the part of the police officers.”
Tesco, which operates grocery stores in 14 countries worldwide, said Monday it discovered horsemeat in spaghetti bolognese products made by Comigel. Most of the samples showed small amounts of horsemeat, but three contained more than 60%, Tesco said in news release.
“The level of contamination suggests that Comigel was not following the appropriate production process for our Tesco product, and we will not take food from their facility again,” said Tim Smith, a Tesco executive.
Also Monday, Romania denied any responsibility in the scandal. Prime Minister Victor Ponta said the two Romanian slaughterhouses initially suspected to have links to the horsemeat scandal never had direct contact with Comigel and haven’t done anything illegal.
“This tendency to throw the responsibility as far away as possible, eventually to the new members (of the European Union), to countries that might have a weaker PR policy, is something that bothers me,” he said.
Minister of Agriculture Daniel Constantin said there is no evidence that false horsemeat labeling occurred in Romania.
The news conference came in response to food supplier Findus France saying it will file a legal complaint against a Romanian business that is part of the supply chain. It did not name the business publicly, nor did the Romanian officials.
Authorities in Europe have said there is no immediate cause for health concerns, but government officials in the UK and Sweden are testing the meat to be sure there is no danger to public health.
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Business
BVN Enrolments Rise 6% To 67.8m In 2025 — NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has said that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024.
In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement by the Central Bank of Nigeria (CBN) and the expansion of diaspora enrolment initiatives.
NIBSS noted that the expansion reinforces the BVN system’s central role in Nigeria’s financial inclusion drive and digital identity framework.
Another major driver, the statement said, was the rollout of the Non-Resident Bank Verification Number (NRBVN) initiative, which allows Nigerians in the diaspora to obtain a BVN remotely without physical presence in the country.
A five-year analysis by NIBSS showed consistent growth in BVN enrolments, rising from 51.9 million in 2021 to 56.0 million in 2022, 60.1 million in 2023, 63.5 million in 2024 and 67.8 million by December 2025. The steady increase reflects stronger compliance with biometric identity requirements and improved coverage of the national banking identity system.
However, NIBSS noted that BVN enrolments still lag the total number of active bank accounts, which exceeded 320 million as of March 2025.
The gap, it explained, is largely due to multiple bank accounts linked to single BVNs, as well as customers yet to complete enrolment, despite the progress recorded.
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