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FG's $1tr economy: NACCIMA To Champion Business and Investment Forum 3.0 To Deepen Nigeria-China Economic Partnership

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    By allcitynews.ng  The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has announced the third edition of its Business and Investment Forum, as a key strategy of NACCIMA to attract valuable and sustainable economic opportunities that will accelerate the actualisation of President Bola Ahmed Tinubu's Renewed Hope Agenda of taking Nigeria's economy to One Trillion Dollar by 2030. The Chamber called  on state Governors, Federal Government  Agencies, private instiBusinesston explore investment opportunities. In addition, the third edition of NACCIMA's Business and Investment Forum, also reaffirming its commitment to attracting sustainable foreign direct investment and strengthening economic ties between Nigeria and China. The announcement was made by NACCIMA’s National Public Relations Officer, Madinat Adigun-Oladotun, who disclosed that the forum would be held in Guangzhou, China, on the sidelines of the 140th Canton Fai...

FG Deepens Poverty Reduction Drive Through Renewed Hope Skills Trainin

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  g Programme By allcitynews.ng  The Federal Government’s Renewed Hope Vocational and Skills Training Programme is already gathering momentum across the country as participants have started intensive practical training designed to equip them with employable skills, promote entrepreneurship, and accelerate Nigeria’s poverty reduction efforts. The programme, implemented by the National Social Investment Programme Agency (NSIPA) under the supervision of the Federal Ministry of Humanitarian Affairs and Poverty Reduction, was officially flagged off by the Minister, Dr. Bernard M. Doro.  A total of 18,510 Nigerians are expected to benefit from the nationwide initiative. At the official flag-off, the Minister, in a statement issued by his Senior Technical Adviser on Information Systems and Data Analysis, Dr. Abimbola Fasanu, described the programme as a major milestone in the Federal Government’s efforts to tackle poverty through sustainable economic empowerment. She noted that ...

NAFDAC warns general public against unregistered menofix capsules in circulation

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  By allcitynews.ng    National Agency for Food, Drug Administration and Control (NAFDAC) has raised alarm over unregistered menofix capsules now in circulation and warned of possible liver damage Citing the health risk involved in it as reason for the warning, NAFDAC reiterated its warning, noting the unregistered health supplement, Menofix Capsules could cause possible liver-related health risks. The agency, in a public alert issued on Tuesday, said investigations revealed that the product, marketed by PureEve, is not registered with NAFDAC and has not been evaluated for safety, quality or efficacy, despite being widely sold through online platforms and retail outlets. NAFDAC said its Post Marketing Surveillance Directorate uncovered the product’s regulatory status after receiving a complaint over its sale and concerns that some of its ingredients could cause adverse effects on the liver. According to the agency, the unregistered Menofix should not be confused with Meno...

FirstHoldCo begins N1.4tn share sale after CBN approval, begins N1.4tn share sale

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  As part of the efforts for all inclusivity thereby  making it household brand and ensure everyone has a stake in it,b Nigeria’s most valuable bank seeks buyers for $1bn block of bridge-held shares The Nigeria’s oldest financial institution, First HoldCo Plc, has commenced a N1.4 trillion ($1 billion) share offering after securing approval from the Central Bank of Nigeria (CBN), in a move aimed at strengthening its banking capital base and funding expansion into new financial services businesses. The offer, which opened on Monday, involves the sale of 10.4 billion ordinary shares previously held by RC Investment Management Ltd., the special-purpose vehicle that acquired the stake as a bridge shareholder during the lender’s ownership restructuring last year. The Chief Executive Officer of First Bank, the group’s flagship banking subsidiary, Olusegun Alebiosu, who made this known said demand for the shares has been overwhelming and the offer could close well ahead of schedule. ...

NEWS UPDATE @ DAWN ON PRINTED/ONLINE NEWSPAPERS, TUESDAY, AUGUST 4, WITH LINKS TO THE PUBLISHERS' ADDRESSES, TO GIVE YOU MORE ACCESS TO THE TOP & MAJOR HEADLINES, WHICH YOU PROBABLY MISSED ON FRIDAY 31 JULY, SATURDAY AUGUST 1, SUNDAY AUGUST 2, AUGUST 3

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  WHEN FREE READERS OF NIGERIA ARE ENJOYING NEWSPAPERS... WELCOME TO THIS NEWS CRUISE CONTROL PLATFORM WHERE YOU  CAN TRAVEL AROUND THE WORLD VIA READING NATIONAL AND INTERNATIONAL NEWS WITHIN FEW MINUTES- COME ALONG, ENJOY THE RIDE                               NEWS UPDATE, TUESDAY, 04:08:2026 -ONLINE PAPERS **Makinde knocks Tinubu's economic reforms, rallies support for APM ahead 2027 **Tinubu rejected calls to sack me over Mary Habila's death, told me, ‘Dave, Go and build more to roads,’ Umahi says **2027: Tinubu, Atiku, Obi weigh ex-govs for campaign DG roles **Fake Agency Scandal: Detained PFIPC boss alleges top MDAs backed council, seeks Reps hearing **SERAP urges Tinubu to probe missing Police funds **Group warns FG against moves to privatise unity schools **Subsidy removal, naira floatation made life harder for Nigerians — Makinde  **Senator Rufai Hanga from Kano quits NDC, orders removal o...

Cadbury Nigeria Posts N83bn Revenue In H1 2026 Despite Hard Business challenges

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  By allcitynews.ng  Cadbury Nigeria Plc has announced a revenue of N83.35billion for the first half of the year despite hard business challenges. The declaration was as a result of  the approval of the Company’s unaudit ed financial statements by its Board of Directors.  This announcement represents an increase of 8 per cent over the N77.25billion revenue that the Company posted in the same period in 2025. The Company’s gross profit grew by 10 per cent from N21.86billion reported in the first half of 2025, to N24.12billion in the period under review.  Cadbury Nigeria also reported a profit of N8.10billion in H1 2026, which translates to a 20 per cent decrease compared to the N10.17billion reported in H1 2025. Speaking on the result, the Managing Director, Cadbury Nigeria, Ayman Fahmy Gaafar, said the Company continued to navigate headwinds as operating cost remained high due to increased cost of freight, among others. He added that slow consumer demand impacted...

NEWS UPDATE @ DAWN ON PRINTED/ONLINE NEWSPAPERS, MONDAY, AUGUST 3, WITH LINKS TO THE PUBLISHERS' ADDRESSES, TO GIVE YOU MORE ACCESS TO THE TOP & MAJOR HEADLINES, WHICH YOU PROBABLY MISSED ON FRIDAY 31 JULY, SATURDAY AUGUST 1, SUNDAY AUGUST 2

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  WELCOME TO THIS NEWS CRUISE CONTROL PLATFORM WHERE YOU  CAN TRAVEL AROUND THE WORLD VIA READING NATIONAL AND INTERNATIONAL NEWS WITHIN FEW MINUTES- COME ALONG, ENJOY THE RIDE                               NEWS UPDATE, MONDAY, 03:08:2026 -ONLINE PAPERS **Parents are behind exam malpractice, not students — Oloyede **Osun Poll: INEC unveils tough measures against vote buying **Tinubu Government begins 2026 Tertiary Institutions National Laureate Programme **No to tariffs increase for now, as FG restates commitment to improve electricity supply **Tinubu appoints Jonah Jang’s son as Presidential Aide **Atiku accuses Tinubu govt of misrepresenting economic performance **FG-Kaduna partnership yielding results against insecurity — NSA **Northern Christian group backs Catholic bishops, rebukes Bwala **Bwala: Onaiyekan’s Comments on Tinubu are political, not spiritual **Timi Frank commends Catholic Bishops for ...