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Nigeria Boosts Drug Production: 105 New Facilities Approved, Local Giants Take Charge!

Boom RadioNG | February 12, 2024

Nigeria’s drug manufacturing scene is booming! Despite multinational exits, NAFDAC has approved 105 new facilities, with 20 local producers investing $2 billion in WHO-compliant plants. This 12% increase shows Nigeria’s commitment to self-sufficiency. Emzor Pharmaceuticals, partnering with Indian giants, will soon produce antimalarial APIs, while six other local companies plan […]


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President Tinubu signs Electricity Amendment Bill into law.

Boom RadioNG | February 9, 2024

President Bola Tinubu has today signed the Electricity Act (Amendment) Bill, 2024, into law. The disclosure was made through a statement made by the president’s spokesperson, Ajuri Ngelale. He said the Electricity Act (Amendment) Bill, 2024, “seeks to address the development and environmental concerns of host communities, and sets aside […]


News

“CBN Governor Yemi Cardoso’s Update to Nigerian Senate Committees: A Forecast of Declining Inflation and a Call for Sustainable Forex Demand”

Boom RadioNG | February 9, 2024

On Friday, February 9, 2024, Mr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), presented an economic update to the joint committees of the Nigerian Senate. He projected a decrease in inflationary pressures to 21.4% in the medium term, attributing this to improved agricultural productivity and the […]




NewsSports

Lagos state Issues Traffic Advisory for Annual Access Bank Lagos City Marathon

Boom RadioNG | February 9, 2024

The Lagos State Government has issued a traffic advisory ahead of the annual City Marathon, scheduled for tomorrow, Saturday, February 10, 2024, between 5.00am and 2.00pm. This was disclosed in a statement by the Commissioner for Transportation, Oluwaseun Osiyemi, announcing the following routes will be temporarily unavailable to motorists during […]




NewsWorld News

ECOWAS holds emergency session over Senegal’s election crisis and other member exits

Boom RadioNG | February 8, 2024

The foreign ministers of west African countries held an emergency meeting today, Thursday in Nigeria’s federal capital territory, Abuja to discuss the political crisis in Senegal and 3 other countries under military regime. The extraordinary session of the Economic Community of West African States (ECOWAS) was constituted following the Senegalese […]




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