Business
NAFDAC Warns Against Buying Expired Products
The National Agency
for Food, Drug Administration and Control (NAFDAC), has advised Nigerians to guard against buying expired products during the yuletide.
The South-East Zonal Coordinator of NAFDAC, Mr. Dauda Gimba gave the advice in Enugu while speaking with newsmen on Thursday on the Agency’s planned mop-up of expired products from the market.
According to Gimba, Nigerians can avoid buying expired products by scrutinising the validity signs printed on them.
“It is getting to the end of the year, a seasonal period where a lot of purchases are made and people bring out a lot of commodities.
“My advice to the consumer would be to be extra vigilant; scrutinise what you want to buy, look at it very carefully.
“Check the expiring date; check the validity signs on that product before you make your purchase otherwise there are tremendous risks.
“However, on our own, we do go round and we would intensify that and wherever we find illegalities, we would take necessary action.”
The zonal coordinator stated that it is likely that nefarious and unscrupulous traders will use the Christmas time to push to the market expired or near-expired products for unsuspecting members of the public to buy.
He urged mobile marketers of products regulated by NAFDAC to adhere strictly to the guideline for such activity as provided by the agency to avoid breaking the law.
Business
Agency Gives Insight Into Its Inspection, Monitoring Operations
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Politics4 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business4 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports4 days agoJ And T Dynasty Set To Move Players To Europe
-
Politics5 days ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Business4 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Politics5 days ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business5 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Entertainment4 days agoAdekunle Gold, Simi Welcome Twin Babies
