Business
NAFDAC Shuts Down Bakery in Sokoto for Using Unfortified Sugar and Banned Bromate
The National Agency for Food and Drug Administration and Control (NAFDAC) has taken significant action by shutting down a bakery in Sokoto State due to its use of unfortified sugar and prohibited bromate. This decision follows a targeted raid conducted by NAFDAC officials.
Mr. Garba Adamu, the NAFDAC State Coordinator, announced on Friday that the bakery was found to be in violation of regulations that mandate the use of only fortified sugar, which must contain Vitamin A and other essential micronutrients.
This regulation is part of a broader Federal Government policy aimed at maximizing the nutritional benefits and health advantages of food products consumed within the country.
In addition to this bakery, six other establishments were also penalized for failing to maintain proper hygiene standards. Enforcement actions were led by Mr. Buhari Manzo as part of a heightened inspection effort across the state’s bakeries.
These inspections are crucial to ensure that bakeries do not use unauthorized substitutes such as saccharine in place of the regulated, fortified ingredients.
Mr. Adamu emphasized that NAFDAC is committed to rigorous enforcement to prevent the use of adulterated, counterfeit, unregistered, and expired products.
The agency plans to extend its monitoring operations to local government areas to further ensure that only hygienically prepared and correctly labeled food products are available to consumers.
He urged the public to be cautious when buying products and to report any suspicious or questionable practices to NAFDAC.
This ongoing vigilance is part of the agency’s mission to protect public health and ensure the safety and quality of food products throughout Nigeria.
Business
MTN Advances IHS Holding Acquisition Following Shareholder Approval
MTN has moved closer to acquiring IHS Holding, following shareholder approval of the proposed takeover, marking another major milestone in the transaction.
The approval was secured during the Extraordinary General Meeting (EGM) held on 4 August, allowing the deal to progress to the next stage.
If completed, the acquisition is expected to strengthen MTN’s infrastructure capabilities by giving the company greater control over its telecommunications tower assets. Industry analysts believe the move could improve network efficiency, reduce long-term operating costs, and support MTN’s continued expansion across its markets.
The transaction is still subject to regulatory approvals and other closing conditions before it can be officially completed.
Business
Nigeria’s Top Cement Makers Generate ₦3.2 Trillion in Six Months
Nigeria’s three biggest cement manufacturers—Dangote Cement, BUA Cement, and HBM Nigeria—generated a combined ₦3.2 trillion in revenue during the first half of 2026.
The strong performance was driven by higher cement prices, increased demand from housing and infrastructure projects, and higher sales volumes across the country.
Compared to the same period in 2025, the companies recorded 26.5% revenue growth, showing that Nigeria’s construction sector continues to expand despite economic challenges. The companies also reported stronger profits and are investing further to increase production capacity to meet future demands.
Business
OPay Introduces New Security Features for Customers
Nigerian fintech company OPay has introduced new security features to improve the safety of its application.
The company unveiled the Emergency Lock and Safety PIN features to give customers better control over their funds and provide added protection against fraud and unauthorized transactions.
The Emergency Lock feature allows customers to instantly freeze their OPay account with a single tap whenever they sense a threat or believe their account may be at risk.
The newly launched Safety PIN introduces an additional layer of security, helping customers protect themselves in situations where they may be forced to make a transfer or payment against their will.
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