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
Dangote Refinery Reduces Petrol Price to N825 per Litre

Dangote Petroleum Refinery has lowered the price of Premium Motor Spirit (PMS), or petrol, to N825 per litre, down from N835, as competition heats up in Nigeria’s fuel market.
This follows last month’s price reduction, when the 650,000 barrels per day refinery dropped the price from N865 to N835. The recent price change is aimed at providing more value to customers while strengthening Dangote’s position as a leader in the domestic market.
Business
Skype Finally Shuts Down After 22 Years of Connecting People Online

Skype, once a go-to platform for video and voice calls, is officially shutting down today, May 5, marking the end of its 22-year journey connecting people around the globe. The app was one of the first to revolutionize online communication, offering free calls over the internet long before it became common.
During its prime in the mid-2010s, Skype boasted over 300 million active users each month. Microsoft bought Skype in 2011 for a massive $8.5 billion, planning to make it a key part of its communication tools. However, as newer apps like WhatsApp, Zoom, and even Microsoft’s own Teams grew in popularity, Skype slowly lost its place.
In February, Microsoft announced it would officially shut down Skype on May 5 to focus more on Teams, which now handles most of its communication services. This move affects both free and paid users, although Skype for Business will stick around for a little longer.
Business
United Bank Of Africa, UBA, Delivers 23% Total Dividend for 2024, CEO Promises More to Come

United Bank of Africa, UBA, pays 171 Billion in total to its shareholders for the 79 percent increase for 2024.
This information was revealed during the 63rd Annual General held on the 25th of April, 2025. The UBA shareholders approved of the 3 naira dividend share, which will com bine with 2 naira interim dividend and will represent a 23 percent total dividend for 2024 in total.
It can be noted that UBA now has the highest Nigerian stocks and the CEO, Oliver Alawuba has assured the shareholders of the dividends that will be paid.”What we can assure our shareholders today is that UBA will continue to pay more dividends.”
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