Day: April 12, 2021

NAFDAC Affirms That Kano Killer-Drink Contains Hyroxylamine, Used For Terrorism

AlienMedia

Prof. Mojisola Adeyeye, the Director-General of NAFDAC (right) with the agency’s logo Nigeria’s National Agency for Food, Drug Administration and Control (NAFDAC) said it found out that the chemical added to the killer flavoured drink that led to the death of three persons in Kano State contained ‘Hyroxylamine.’ NAFDAC declared that the chemical is used by terrorists for terrorism purposes but added that all the merchants of the deadly chemicals and additives had been apprehended while further investigation in the incident will continue. Prof. Mojisola Adeyeye, the Director-General of NAFDAC,…

Read More

PENCOM Says Pension Assets Dropped By N 51.30bn In February

AlienMedia

The total value of pension assets in the country dropped by N51.30 billion in the month of February 2021 and that is according to the National Pension Commission (PENCOM). According to the report, the pension assets dropped from N12.299 trillion in January to N12.247 trillion in February. The figure was N12.306 trillion in December last year. However, PENCOM blamed the development on the depreciation in the prices of Fixed Income Securities (FISs). Fixed-income securities provide investors a return in the form of fixed periodic payments and the eventual return of…

Read More