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
Bitcoin and Dollar Rise Again With Donald Trump’s Win In Election
The US Dollar and Bitcoin rise again as Trump reportedly wins the presidential election with 279 Electoral College votes against Kamala Harris’s 22. Major investors have now returned and do no longer need to be cautious.
Investors now anticipate Trump’s policies economically, Dollar has now strengthen again and is now against Euro and Pound which were gaining benefits over Dollar being weak. With Trump’s win, crypto and Bitcoin have strongly risen and are set with expectations higher prices and a boost in U.S savings returns.
Business
USD Weakens Amid The Upcoming US Presidential Election
The Upcoming United State Presidential has caused USD to be weak due to the investors being cautious of the outcome. Meanwhile other countries are gaining strength in their currency and benefitting from this weakness. Euro and GBP keeps rising and gaining against USD.
Gold prices still remain stables despite the recent deadline and the Australian inflation keeps rising. Markets are now watching the political movement to serve as guidance.
Business
Dr. Aguoru States The Use Of Card Pins Online Has A High Security Risk
Security Expert, Dr. Kingsley Aguoru has advised the Central Bank of Nigerian (CBN) and Economic and Financial Crimes Commission (EFCC) to stop the use of online transactions through Card Pins as it results to a security risk.
He emphasized the risks we can be exposed to, phishing and cyber threats, he states that the use of one-time passwords can serve as an aid in this to better the security.
The expert shares that pins are only safe when in use for ATM and Pos but not online, due to cyber risks. He expressed that information can be leaked from the continuous use of sharing pins online.
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