General News
ECOCERT Renews WACOT’s Certification to Export Organic Sesame

In a significant boost for the global organic food market, WACOT Limited, a TGI Group company, has once again secured its prestigious certification from ECOCERT to export organic sesame.

This renewal emphasizes WACOT’s adherence to the highest international standards, and positions Jigawa state as a pivotal organic sesame source for the US and worldwide markets.
ECOCERT, the France-based global leader in organic certification, reaffirmed its confidence in WACOT by renewing the two critical certifications on January 26, 2024.
These certifications validate WACOT’s exceptional processes for preparing, storing, and exporting organic sesame from its facilities in Ikeja, Lagos, and Gumel, Jigawa State. Such endorsements testify to WACOT’s commitment to sustainable agriculture and quality assurance in its extensive operations across Nigeria.
The first certificate, EU Ecocert Organic Standard (EOS), confirms WACOT’s compliance with the EU Regulation (EU) 2018/848 on organic production and labelling of organic products facilitating European and Great Britain exports. Concurrently, the second organic certificate, is in compliance with the United States Department of Agriculture (USDA), National Organic Program (NOP).
The National Organic Program (NOP), tasked with the responsibility to create guidelines and protocols governing the production, processing, labeling, and oversight of all USDA-certified organic goods, has affirmed WACOT’s compliance with the rigorous organic standards set forth by the United States Department of Agriculture.
Rahul Savara, Group Managing Director of TGI Group, WACOT’s parent company, expressed his pride in this achievement, stating, “This certification renewal from ECOCERT is not just a validation of our dedication to sustainable and organic agriculture but also a milestone that enhances our capability to meet the growing global demand for organic sesame.”
The National President of the Sesame Seed Association of Nigeria, who is also the President, Federation of Agricultural Commodities Association of Nigeria (FACAN), Alhaji Sheriff Balogun, commended WACOT’s renewal of its ECOCERT certification to export organic sesame.
He said, “We are excited that a company like WACOT is putting Nigeria’s sesame on the map. Celebrating WACOT’s ECOCERT certification is not just about recognizing their commitment to organic sesame exports; it’s a testament to Nigeria’s prominence in the global commodities market.
This milestone is a source of encouragement for other players in the Nigerian market to continue to seek ways and seize the opportunity to expand the footprint of Nigeria’s high-quality commodities across the world.”
Yosola Onanuga, Head of Sustainability at TGI Group, highlighted this renewal’s broader impact, noting that “It is a testament to our collective effort in promoting sustainable farming practices and enhancing the livelihoods of over 10,000 farmers through our initiatives in Jigawa State.”
As one of the world’s leading sesame producers, Nigeria sees approximately 80% of its production exported annually, with WACOT at the forefront of this highly demanded crop cultivation.
Over the past six years, WACOT’s approach has improved agricultural practices and yields and established a robust support system for farmers, including the pioneering WACOT Sesame Academy.
In the same period, WACOT disbursed over ₦1 billion in input credit financing for farmers, such as certified seeds, fertilisers, and other crop protection tools. They also provided a guaranteed market for conventional sesame produce through a buy-back arrangement with farmer cooperatives.
With the global sesame market projected to reach USD 21.57 billion by 2028, WACOT Limited’s role is more crucial than ever. This certification renewal marks a significant milestone for WACOT and Nigeria’s agricultural sector, paving the way for continued growth, innovation, and sustainability in the years to come.
General News
MultiChoice Secures 12 Warner Bros. Discovery Channels in New Multi-Year Deal

MultiChoice, a CANAL+ company, has retained the distribution rights to 12 Warner Bros. Discovery thematic channels following the signing of a new multi-year, multi-territory agreement between CANAL+ Group and Warner Bros. Discovery, marking a significant expansion of their long-standing partnership.

MultiChoice
The new deal, which spans several regions across Africa and Europe, covers the distribution of HBO Max as well as the renewal of selected Warner Bros. Discovery thematic channels. It represents a major milestone in the companies’ international collaboration and strengthens content offerings across MultiChoice Group territories.
MultiChoice disclosed that this agreement builds on earlier partnerships concluded in Europe. “It builds on the landmark agreements concluded in France in 2024,including the renewal of the exclusive pay-TV window for Warner Bros. Pictures films just six months after their theatrical release in France and the integration of HBO Max within select CANAL+ group offers – as well as in Poland in 2025, with the renewal of the distribution agreement for 22 thematic channels (including TVN 24 and Eurosport) and 4 free-to-air channels (including TVN).”
Under the renewed arrangement, MultiChoice Group will continue to distribute 12 Warner Bros. Discovery thematic channels across its territories, with some channels offered on an exclusive basis. CNN International and Cartoon Network will remain exclusive to South Africa while being distributed non-exclusively in other markets. Cartoon Network Porto will be exclusive in Angola and Mozambique and non-exclusive elsewhere. Other channels such as Discovery Channel, TLC, HGTV, Food Network, TNT Africa, Travel, ID and Cartoonito will be offered on a non-exclusive basis.
According to the partners, the deal reinforces CANAL+ Group’s channel portfolio on the continent. “This agreement enables CANAL+ Group to strengthen its entertainment, kids, news, and documentary channel offerings in African markets.”
The agreement is also expected to improve access for CANAL+ Group subscribers to Warner Bros. Discovery’s premium content through HBO Max and selected channels, including globally recognised series and films, further extending the studio’s international reach while consolidating MultiChoice’s content offering in key markets.
General News
Nigeria Police suspends tinted glass permit enforcement over court injunction

Nigeria Police Force has suspended nationwide enforcement of its tinted glass permit policy, hours before its scheduled rollout, in compliance with a Delta State High Court order.

Tinted glass permit
The policy, set for January 2, 2026, aimed to curb vehicle-related crimes but faced legal challenge from a private citizen against the Inspector-General of Police, the force, and Delta Police Commissioner.
An ex parte injunction issued in December 2025 restrained enforcement pending suit determination, prompting the hold announced by spokesperson Benjamin Hundeyin on January 1.
Police entered appearance, filed preliminary objections, and sought injunction vacation; hearing adjourned to January 20, 2026.
The Nigerian Bar Association condemned initial police plans as “executive recklessness,” accusing disregard for rule of law, while police insisted no permanent bar existed on statutory duties.
IGP Kayode Egbetokun reiterated adherence to law while prioritising public safety via intelligence-led strategies during proceedings.
General News
NDIC Reinforces Full Oversight Compliance to Safeguard Depositors

Mr. Thompson Sunday, the Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), has reaffirmed the Corporation’s strict compliance with fiscal and financial regulations, including the provisions of the Fiscal Responsibility Act (FRA) 2007, noting that the NDIC has consistently remitted the required percentage of its earnings to the Federal Government.

Mr. Sunday made this known during a courtesy visit to the Managing Director/Chief Executive of the Ministry of Finance Incorporated (MOFI), Dr. Armstrong Takang, as part of NDIC’s ongoing engagement with key stakeholders following his formal assumption of office in July 2025.
According to him, NDIC takes financial accountability and transparency seriously, stressing that the Corporation complies fully with statutory remittance obligations, including the payment of 20 per cent of gross earnings or 80 per cent of net surplus to the Federal Government, as applicable. He added that NDIC also submits its financial statements ahead of statutory deadlines.
The NDIC MD/CE explained that this culture of compliance aligns with the Corporation’s role as a key institution within Nigeria’s financial safety-net, charged with protecting depositors and promoting confidence in the banking system. He emphasized that adherence to fiscal discipline remains central to NDIC’s credibility and effectiveness.
Mr. Sunday further disclosed that NDIC also complies with the Federal Government’s 50 per cent cost-to-income ratio policy, although he noted that the policy poses operational constraints. He explained that the deductions affect NDIC’s ability to build a strong Deposit Insurance Fund, which is needed to respond effectively to bank failures.
He stressed that international best practices under the Core Principles for Effective Deposit Insurance issued by the International Association of Deposit Insurers (IADI) require deposit insurers to maintain adequate funds to reimburse depositors when banks fail without recourse to government, adding that the NDIC is seeking an exemption to strengthen its capacity in this regard.
Mr. Sunday described MOFI as a critical stakeholder, noting that the Federal Government, through MOFI, holds a 40 per cent equity stake in NDIC. He said sustained collaboration with MOFI is essential to ensuring that NDIC continues to meet its obligations to government while effectively safeguarding depositors’ funds.
In his remarks, Dr. Takang commended the NDIC for its exemplary collaborative spirit and acknowledged the Corporation’s compliance with fiscal regulations. He assured that MOFI would continue to engage the Federal Ministry of Finance on NDIC’s behalf, noting that a strong NDIC is vital to sustaining confidence in Nigeria’s financial system.
Both institutions reaffirmed their commitment to continued cooperation, transparency and accountability, with Mr. Sunday reiterating that NDIC remains focused on balancing regulatory compliance with its overriding mandate of depositor protection and financial system stability.
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