News
NPHCDA Dismisses Rumours of Electromagnetic Ingredients in COVID-19 Vaccines

National Primary Health Care Development Agency (NPHCDA) has said that COVID-19 vaccines do not contain electromagnetic ingredients that can cause side effects.

Dr Faisal Shuaib, executive director, NPHCDA, said this at a press briefing on Tuesday in Abuja.
The briefing was in reaction to reports on social media that electronic devices recognised people that had received the AstraZeneca COVID-19 vaccine.
The unsubstantiated reports claimed that anyone who received the vaccine would become magnetic and have their DNA altered and die from blood clots.
He said the typical dose was not large enough to contain a magnet, and that a magnet that could fit in a needle would not be powerful enough to attract anything.
“We are witnessing an increasing wave of COVID-19 misinformation and disinformation that should leave any patriotic Nigerian wondering how long mischief-makers want the world to remain in the battle against the COVID-19 pandemic.
“The creativity with which some people misinform others and spread misconceptions about COVID-19 vaccination calls for more deliberate, decisive, and consistent steps to counter as well as provide correct and accurate information.
“That will help more people to make informed decisions to get vaccinated against COVID-19,” said Shuaib.
He said it was unfortunate that the right of the public to true and accurate information on matters of collective concern was being threatened by a few others taking advantage of social media to mislead people about their health.
“Let me quickly state here that this breach of public right to true and accurate information about COVID-19 vaccination is a challenge to the media, which should be taken seriously.
“There are no ingredients in the AstraZeneca vaccines or any other COVID-19 vaccines that make people exhibit magnetic properties after being vaccinated for COVID-19.
“Scientifically, the claim does not make sense,” he explained.
The NPHCDA boss said it was evident that Nigeria had made significant progress towards utilising the 4 million doses of AstraZeneca vaccine it got from COVAX facility, and that was why its vaccine rollout had been described as the best in Africa.
He said it was necessary for Nigerians to confront the false theorists if they really wanted the country and the world to overcome the pandemic and recover from its adversities.
“At the onset, it was claimed that COVID-19 was introduced to justify developing vaccines that would be used to depopulate Africans. Those who came up with this theory said that anybody who takes the vaccine would die immediately.
“Today, as we all can see, nearly 4 million doses of the vaccine have been administered in Nigeria and we have not recorded any case of death linked to the vaccination.
“On seeing this reality, the rumour mongers changed their narratives to saying that the vaccines used in Europe and America are not the same as the ones used in Africa.
“Again, as evidence has come to show, it is now clear that the COVID-19 vaccines used in Europe, America and elsewhere in the World are the same used in Nigeria and other countries in Africa,” he said.
According to the NPHCDA boss, the conspiracy theorists have gone silent about this claim, and are now saying that anyone who takes the vaccine will die after two years.
“Nigerians are predominantly a country of Muslims and Christians. We know that these religions are clear that no one knows the year of the day they will die. So why would we even pay attention to such spurious claims?
“Let us not forget that this same falsehood of children dying after vaccination was spread about Polio vaccine, but after many years, children who took polio vaccine are still alive and have grown into adulthood and having their own children, as expected.
“There has not been any case of a child’s death that is linked to polio vaccination, and many more children have been born to discount another claim that polio vaccination would lead to infertility,” he stressed.
He said about 2,495,632 people had been vaccinated with the first dose, while 1,370,130 had received the second dose of AstraZeneca COVID-19 vaccine in the country.
“Overall, Nigeria has successfully utilised 3.9 million doses, representing 96 per cent of the 4,024,000 doses of the vaccines received in the country.
“Nigeria is poised to achieve 100 per cent utilisation of the doses of vaccine it has received in the next few days. This is to ensure that people are protected against COVID-19, and normalcy is restored,” said Shuaib.
Meanwhile, Dr Walter Kazadi, country representative, World Health Organisation (WHO), said no individual should be victimised for their inability to access vaccines.
Kazadi said Nigeria was amongst the best countries in Africa in terms of the number of persons vaccinated.
Also speaking, Dr Peter Hawkins, a representative of UNICEF in Nigeria, said misinformation during a health crisis left people unprotected and vulnerable to the disease and spread fear and stigmatisation.
According to Hawkins, , information can be lifesaving, but people will only take on information that they trust.
News
Access Holdings Sets New Benchmark in Nigeria’s Finance Talent Pipeline

New data from CFA Society Nigeria is reshaping how the country’s financial sector thinks about talent development, with Access emerging as the single largest source of CFA candidates in Nigeria, distinction industry watchers say signals a deeper shift in how leading institutions are building investment expertise from within.

In its Where Nigeria’s Finance Professionals Work series, published in a national daily, CFA Society Nigeria placed Access first among employers of CFA candidates nationwide, with 82 candidates enrolled in the programme, more than double the 38 recorded at the next-placed institution and well ahead of every other bank or financial services firm on the list.
Access also ranked second among employers of CFA charterholders, with 11 professionals who have completed all three levels of the Programme and met its experience and ethics requirements.
For an industry that has long measured itself by balance sheet size and branch count, the rankings point to a different kind of competition: one over who is building the deepest bench of certified, globally credentialed talent.
CFA Society Nigeria compiled the data from its Salesforce Membership Database as at June 2026, and described the exercise as a way of recognising employers whose people “bring rigour, integrity and global best practices into the workplace every day.”
Analysts following the sector say the outcome is notable less for the ranking itself than for what it suggests about talent strategy across Africa’s financial services industry. A single institution developing more aspiring charterholders than the rest of the market combined raises the floor for professional standards nationally, not just within one balance sheet.
Every candidate who advances through the CFA Programme adds to a shared pool of ethics-trained, analytically rigorous professionals that Nigeria’s capital markets, pension funds and asset managers all eventually draw from.
Access Holdings Group Chief Executive Officer Innocent C. Ike, commenting on the rankings, framed the achievement in terms of institution-building rather than recruitment: “Every candidate on that list represents our commitment to building institutions and professionals that endure.”
The remark echoes a broader thesis increasingly voiced by market observers, that talent depth, not scale alone, is what will determine which African financial institutions earn lasting global credibility.
That distinction sits at the centre of Access’s stated ambition to become the World’s Most Respected African Financial Services Group. If the CFA numbers are any indication, the Group’s route to that goal runs less through square metres of branch network and more through the calibre of the people sitting inside it, a bet that Nigeria’s finance professionals, and the institutions that will one day hire them, are already placing alongside Access.
News
NCAA to Introduce RFID Technology to Tackle Missing Luggages

Nigeria Civil Aviation Authority (NCAA) has announced plans to introduce Radio Frequency Identification (RFID) baggage tracking technology across domestic and international airport terminals to tackle the growing problem of delayed, misrouted and missing luggages

Michael Achimugu, director, Public Affairs and Consumer Protection, NCAA, disclosed this at a stakeholder engagement forum in Lagos.
Achimugu said the RFID-enabled system would replace the traditional barcode-based baggage tracking framework and provide airlines and passengers with real-time visibility of checked luggage from check-in to final collection.
According to him, the technology would improve baggage traceability, reduce mishandling and strengthen accountability across the baggage-handling chain.
Unlike conventional barcode systems, RFID technology allows baggage to be automatically scanned at multiple points without requiring direct line of sight, enabling real-time tracking of luggage throughout its journey.
Achimugu said issues involving short-landed, missing, lost or damaged baggage had remained among the major complaints from air travellers, alongside flight delays.
He said the introduction of RFID technology was therefore aimed at improving baggage-handling standards and restoring passenger confidence in the aviation sector.
The NCAA said the initiative also aligns with IATA Resolution 753, which requires airlines to track baggage at key points during the passenger journey.
The authority expects the technology to provide more accurate information on the location of luggage, facilitate quicker resolution of baggage-related complaints and improve the overall passenger experience.
The NCAA said the initiative would also strengthen accountability among airlines and other stakeholders involved in baggage handling at Nigerian airports.
News
Firm Urges MSMEs to Increase Digital Payments Adoption for Growth

eTranzact International Plc has called for increased adoption of digital payment solutions among micro, small and medium enterprises (MSMEs), saying access to technology is critical to improving business efficiency, financial inclusion and growth.

The company also said it was deepening its partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to expand digital access and financial literacy among small businesses across the country.
In a statement, the Divisional Head, Merchant Services, eTranzact, Mrs. Abimbola Reis, stated this at the SMEDAN/eTranzact Town Hall Engagement in Lagos recently, themed, “Financial Literacy and Inclusion for MSMEs Leveraging on Fintech Innovation.”
Reis described MSMEs as the backbone of Nigeria’s economy, noting that the sector comprises almost 40 million businesses and contributes significantly to economic growth and job creation.
However, she said many businesses continue to face challenges including limited access to finance, inefficient payment systems, weak financial reporting, cash-flow constraints and inadequate access to digital platforms.
She added that trust concerns also affect businesses’ ability to access finance, while heavy reliance on cash increases exposure to theft and makes payment reconciliation more difficult.
Representing the Director-General of SMEDAN, Prof. Yinka Fisher said the town hall was aimed at generating practical ideas and solutions that would support the growth and expansion of MSMEs.
“The essence of this engagement is to share ideas and concepts that will help MSMEs thrive and expand. Our partnership with eTranzact is about expanding the frontiers of MSMEs and ensuring they continue to grow,” he said.
Also speaking, representative of the Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dr. Praise Adedigba said businesses could no longer depend solely on hard work to remain competitive.
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