General News
Consumers Emerge Millionaires in Nutricima Mega Cash Promo
The first sets of winners have emerged in the on-going Nutricima ‘Mega Cash Promo.’ At the first e-raffle draw conducted in Lagos and witnessed by officials from national and state lottery board, five (5) consumers emerged winners of N1million, while five (5) others won N500, 000 each.
The draws also produced five (5) people who won N250, 000, while N50,000 went to five (5) more people and twenty (20) others were surprised with N5, 000 cash prizes as bonus wins.
The winners who emerged from various parts of the country were contacted via phone calls during the e-raffle draw recording and were informed on how to redeem their prizes.
Most of the consumers expressed joy and excitement for getting cash rewards from Nutricima.
Speaking shortly after the draws, Prince Emmanuel Jeminiwa, director, Regulation & Monitoring of the apex Lottery Regulatory Commission, said, the Mega cash promo by Nutricima was regularised with the commission, making it transparent, credible and accountable.
He said, “The Nutricima promo was regularised with the commission in line with the provisions of the law. Any activation that has to do with chance element is rated as a lottery scheme and every lottery scheme must be regularised with the lottery Commission,” adding that, “the apex authority was contacted by Nutricima Limited and all necessary efforts were made by the regulatory commission to regulate the promotion in order to drive it to this particular level. The first e-raffle draw has been recorded and it is key to every promo that involves consumers.
“The Nutricima mega Cash consumer promo was regularised with the commission and this is the only way you can talk about transparency, credibility and accountability. And this particular draw has demonstrated that. I know that Nutricima will continue on this good foundation,” he added.
More consumers are expected to win millions of naira in subsequent draws.
The promo, which is aimed at rewarding new and existing consumers of Nutricima’s range of milk products, started onJanuary 22nd and is expected to end on April 23rd, 2014.
Nutricima Limited, a subsidiary of PZ Cussons, commenced business in Nigeria in 2005 with manufacturing facilities in Ikorodu, Lagos. It produces and markets high-end nutritious dairy and non-dairy beverages like Nunu, Coast and Olympic milk, Bliss ice teas and fruit milks and Yo! yoghurt drinks.
Economic and Financial Crimes Commission (EFCC), has detained Tunde Ayeni, former chairman of defunct Skye Bank Plc, for alleged fraud involving N36.5 billion and $30 million.
Tunde Ayeni, former chairman of defunct Skye Bank Plc,
This follows the probe of alleged diversion of N36.5 billion and $30 million secured as loans from Polaris Bank Plc through companies linked to Ayeni.
He was arrested by EFCC operatives in Abuja on April 23, 2026, and is still been held in custody as at the time of filling the report.
Dele Oyewale, spokesperson, EFCC, confirmed the arrest on Friday but declined to provide further details.
Ayeni is under investigation for diverting funds obtained for marine security, electricity distribution, and real estate projects into other unknown projects.
Investigators allege the loans were instead channelled into telecom investments tied to NITEL/MTEL assets via a NATCOM account.
About 12 firms believed to be connected to Ayeni are also under investigation for their role in securing the loans.
The EFCC is expected to file charges once the investigation is concluded.
Summit Household Solutions Limited has opened its ultra-modern manufacturing facility in Ota, Ogun State, as part of its efforts to scale production of home and personal care products in Nigeria.
The plant, which started operations in April 2025, produces items such as dishwashing liquids, handwash, sanitisers and multipurpose liquid soaps, with an annual capacity estimated at 7,000 tonnes.
Commissioning the facility on behalf of Governor Dapo Abiodun, the Permanent Secretary, Ministry of Commerce, Trade and Investment, Mr Kehinde Akintomide, said the investment reflects growing confidence in Ogun State’s business environment.
He noted that the state hosts over 6,000 manufacturing firms and described the development as consistent with ongoing efforts to promote industrialisation, attract investment and reduce reliance on imports under the Federal Government’s Renewed Hope initiative.
Akintomide disclosed that the factory has already employed more than 50 Nigerians, with projections to exceed 250 jobs as operations expand.
In his remarks, the General Manager of the company, Mr Sadiq Ali, said the facility represents a major step in Summit’s growth plans, adding that its flagship brand, 2Sure, currently leads production at the plant.
He also revealed that the company is preparing to introduce new home and personal care products later this year.
Summit Household Solutions manufactures the 2Sure brand and has expanded into the personal care segment with Lewar, a premium beauty soap line positioned for quality and affordability.
Among dignitaries present were the Onikotun of Otun, Ota, Oba Abdulakeem Odunaro, representing the Olota of Ota, Prof. Adeyemi Abdulkabir Obalanlege; the Agba Akin of Ota, Chief Dada Olusola; Director of Investment, Ms Yemisi Folarin; Director of Industrial Promotion, Mr Femi Adeboye; former Managing Director of 7Up Bottling Company, Mr Ziad Maalouf; and the Chief Executive Officer of OmniRetail, Mr Deepanker Rustagi.
Speaking at the event, Maalouf, who conceived the 2Sure brand during his time at 7Up Bottling Company, expressed satisfaction with its growth and commended Summit Solutions Limited for advancing the brand.
The special guests were conducted around the facility, and the programme was concluded with a luncheon.
The administration of Donald Trump has frozen $344 million in cryptocurrency allegedly linked to Iran, marking a sharp escalation in financial pressure on Tehran.
The move comes amid stalled diplomatic efforts and a fragile ceasefire in the region.
U.S. Treasury Secretary Scott Bessent confirmed that authorities are sanctioning multiple crypto wallets tied to Iran. “We will follow the money that Tehran is desperately attempting to move outside of the country and target all financial lifelines tied to the regime,” he said.
Tether, which facilitated the transactions, said it worked with U.S. authorities to freeze the funds across two wallet addresses after receiving intelligence linked to unlawful activity.
A U.S. official said blockchain analysis revealed “material links” to the Iranian regime, including transactions routed through intermediary addresses connected to wallets associated with the Central Bank of Iran.
Responding to the development, Tether CEO Paolo Ardoino said the company does not tolerate illicit use of its stablecoin. “USD₮ is not a safe haven for illegal activity. When there is credible linkage to sanctioned entities or criminal networks, we act immediately,” he stated.
The crackdown underscores the growing reliance of sanctioned states on digital assets to bypass traditional banking restrictions. Data from Chainalysis shows Iran’s cryptocurrency holdings reached $7.8 billion in 2025, with the Islamic Revolutionary Guard Corps reportedly controlling about half.
Analysts say while the freeze is significant, Iran has historically adapted to sanctions. Daniel Tannebaum of the Atlantic Council noted that targeting third-party actors enabling such transactions may be key to increasing pressure.
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