News
Agency Unveils Locally-formulated Drugs For Diabetes, 3 Others

…11 more underway – says director general
As the cost of orthodox drugs continues to skyrocket, the Nigeria Natural Medicine Development Agency, NNMDA, at the weekend, unveiled four locally formulated drugs for diabetes, sickle cell anaemia, anti-ageing, and antibiotics for upper respiratory tract infections.
The drugs are; Namdune (200mg) meant for anti-aging. Namdasan (200mg) for anti-sickling, Aberecin (200mg) for anti-diabetes and Nanobere (50kg).
Unveiling the drugs in Lagos during his working visit to the agency, the Minister of Innovation, Science and Technology, Mr. Geoffrey Nnaji, promised that the federal government would not only invest in research in natural medicines but would help to commercialise the already formulated drugs by the NNMDA.
Nnaji, who said he was proud of the achievement of the Agency said he was more delighted at the level of professionalism in the production of the drugs.
READ ALSO: Don Confirms ‘Zobo’ As Antihypertensive Therapy
“Today, the Nigerian National Natural Medicine Development Agency is under my purview and I came to have first-hand information on how they are working and what is going on here because all I’ve been hearing is stories. I’m happy I’ve verified a lot of things, so many things they make. Those that treat arthritis, those that take care of blood and sugar, and those that take care of blood pressure, including the four I launched this afternoon.
“You can see he has done wonders because we are looking at, first and foremost, one for blood sugar, which is diabetes. You know, it controls diabetes. There’s one for ageing. because people like us, if you look at me, I’m not sure of my age. It is this kind of drug that I need to keep looking younger. There’s another one for sickle cell that prevents the sickling of the cells. You know, that one is wonderful. And there’s a fourth one for respiratory tract infection, upper respiratory tract infection that will replace Augmentin, replace Zitromycin. You know, Zitromycin is about 15,000 right now, so to speak.
“This product which can replace Augmentin is less than N1,000, these are the kind of innovations we want in science and technology and that’s why President Tinubu said research remains key to national development. This is why we have to have a research and development fund. So that if they are there, more research will be done, so you should help us and amplify it.”
READ ALSO: Ramadan: 5 Hunger, Thirst-curbing Fruits You Can Take During ‘Sahoor’
Speaking to journalists shortly after the unveiling, the Director-General of the Nigeria Natural Medicine Development Agency, NNMDA, elated Professor Martins Emeje disclosed that before the end of the year, the Agency will be unveiling 11 more locally formulated drugs for various infections.
Noting that the Agency’s research farms across the country were generating positive results, he explained that they have done all the laboratory animal investigations and proven that the products are efficacious based on their animal studies.
The professor of pharmacy said their drug for anti-ageing slows down the ageing process.
He said nature is the best laboratory in the world but pride does not allow people who have gone to school to go and study nature.
READ ALSO: NCC To Face Legal Action Over ‘Unlawful’ Directive To Block Nigerians Phone Lines
He said no fewer than 25 million people in Nigeria suffer from sickle cell disease, hence the need for the formulation of the drug. He said the diabetes drug was meant from abere seed.
Emeje urged the federal government to ensure that people are not just given money for research without writing a proper research grant proposal.
He disclosed that by October this year, President Ahmed Tinubu will be launching 11 more products formulated by the agency, adding that the 11 products would create not less than 2 million jobs.
“Nigeria is the biggest black nation in the world. Nigeria has the highest plant biodiversity in Africa. So if we are talking of contribution to health in the herbal area, is Nigeria not supposed to be on top? And we at NNMDA, are very serious about it. All we just need is to allow us to do our work.”
News
Transfer: Premier League Clubs Scramble For Dele-Bashiru
Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.
Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.
READ ALSO:Film Premiere: Edo In Talks With Embassies To Promote Safe Migration —Agazuma
La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.
The 24-year-old has two years left on his contract with the Serie A club.
The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.
He has been a regular feature for Lazio this season.
News
Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses
The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.
DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.
A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.
READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria
“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.
“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.
“This contradiction will no longer be tolerated,” the statement said.
News
N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs
First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.
The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.
At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.
Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.
READ ALSO:I’ve Been Blacklisted In Music Industry For 13 Years – Seun Kuti
Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.
“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.
“Women-led enterprises are critical to economic activity, yet they face structural barriers.
This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”
“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).
READ ALSO:My Beef With Wizkid Is For Life – Seun Kuti
“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”
Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.
Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.
Applications for the zero-interest loan are now open.Apply now.
-
Politics4 days ago
2027: Tinubu’s Re-election May Put An End To Nigeria — Baba Ahmed Warns
-
Business4 days ago
JUST IN: Nigerian Filling Stations Reduce Fuel Price After Hike
-
Entertainment5 days ago
Actress Eniola Badmus Gets New Federal Appointment
-
News2 days ago
BREAKING: Wike Picks Alabo George For Rivers Governorship
-
News4 days ago
2027: Pastor Adeboye Speaks On Nigeria’s Next President
-
Politics4 days ago
NDC Speaks On Peter Obi, Kwankwaso Joining Party
-
News3 days ago
OPINION: Why South Africans Murder Nigerians In Cold Blood
-
Politics5 days ago
2027: Pondi, Otuaro, Other Delta South Stakeholders, Endorse Senator Joel-Onowakpo For Second Term
-
Politics2 days ago
JUST IN: Why I left ADC For NDC With Kwankwaso – Peter Obi Opens Up
-
Business2 days ago
Why We Sited Our Multi-Billion Naira Automobile Firm Branch in Benin – Skyewise Group CEO