Africa Business News

Health authorities in Rwanda have recalled batches of antifungal tablets made in Kenya over safety concerns.
The Rwanda Food and Drugs Authority instructed importers to return all batches of 200mg Fluconazole tablets manufactured by Univeral Corporation, a Kenyan company.
It also ordered all retailers and health facilities to stop the distribution of the drugs and return them to suppliers.
Health officials in Rwanda say they will investigate to ascertain if the drugs have had any adverse effects on consumers.

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Nigeria’s apex bank has confirmed that the country’s stablecoin, the cNGN, will launch on February 27, 2024.
Stablecoins will help with currency stability because they’re backed by stable assets.
The other promises of stablecoins—lower remittance fees + financial inclusion—might not be enough to help Nigeria’s ailing currency.
The Central Bank of Nigeria earlier launched Africa’s first central bank digital currency, the eNaira, for similar uses—increasing remittance inflow and border trade and financial inclusion.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

Nigeria’s apex bank has confirmed that the country’s stablecoin, the cNGN, will launch on February 27, 2024.
Stablecoins will help with currency stability because they’re backed by stable assets.
The other promises of stablecoins—lower remittance fees + financial inclusion—might not be enough to help Nigeria’s ailing currency.
The Central Bank of Nigeria earlier launched Africa’s first central bank digital currency, the eNaira, for similar uses—increasing remittance inflow and border trade and financial inclusion.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

Nigeria’s apex bank has confirmed that the country’s stablecoin, the cNGN, will launch on February 27, 2024.
Stablecoins will help with currency stability because they’re backed by stable assets.
The other promises of stablecoins—lower remittance fees + financial inclusion—might not be enough to help Nigeria’s ailing currency.
The Central Bank of Nigeria earlier launched Africa’s first central bank digital currency, the eNaira, for similar uses—increasing remittance inflow and border trade and financial inclusion.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Minister of State for Defence Bello Matawalle has presented two hi-tech unmanned water vessels to President Bola Tinubu at the Presidential Villa in Abuja.
The vessels are to help Nigeria in the fight against insecurity on the country’s waterways.
The ministry’s spokesman Henshaw Ogubike says the unmanned ships were a donation by Swift Ship Company in USA to the Nigerian Government.
Matawalle says the S2 and S3 Swift Sea Stalkers are the latest technologies that would be deployed in fighting insecurity in the Niger Delta, Lake Chad region, and other maritime regions of the country.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Minister of State for Defence Bello Matawalle has presented two hi-tech unmanned water vessels to President Bola Tinubu at the Presidential Villa in Abuja.
The vessels are to help Nigeria in the fight against insecurity on the country’s waterways.
The ministry’s spokesman Henshaw Ogubike says the unmanned ships were a donation by Swift Ship Company in USA to the Nigerian Government.
Matawalle says the S2 and S3 Swift Sea Stalkers are the latest technologies that would be deployed in fighting insecurity in the Niger Delta, Lake Chad region, and other maritime regions of the country.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Minister of State for Defence Bello Matawalle has presented two hi-tech unmanned water vessels to President Bola Tinubu at the Presidential Villa in Abuja.
The vessels are to help Nigeria in the fight against insecurity on the country’s waterways.
The ministry’s spokesman Henshaw Ogubike says the unmanned ships were a donation by Swift Ship Company in USA to the Nigerian Government.
Matawalle says the S2 and S3 Swift Sea Stalkers are the latest technologies that would be deployed in fighting insecurity in the Niger Delta, Lake Chad region, and other maritime regions of the country.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The National Association of Nigerian Students, Benin Republic, has called for leniency over the ban on validation of degree certificates from the country and Togo, saying 15,000 Nigerian students are in Benin.
The Federal Government banned the validation of degree certificates from the countries.
The NANS president of Benin Republic Ugochukwu Favour said the government should consider legitimately admitted students.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The National Association of Nigerian Students, Benin Republic, has called for leniency over the ban on validation of degree certificates from the country and Togo, saying 15,000 Nigerian students are in Benin.
The Federal Government banned the validation of degree certificates from the countries.
The NANS president of Benin Republic Ugochukwu Favour said the government should consider legitimately admitted students.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The National Association of Nigerian Students, Benin Republic, has called for leniency over the ban on validation of degree certificates from the country and Togo, saying 15,000 Nigerian students are in Benin.
The Federal Government banned the validation of degree certificates from the countries.
The NANS president of Benin Republic Ugochukwu Favour said the government should consider legitimately admitted students.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.