Trust Africa News

MTN Plans to Cut Stake in MTN Nigeria to 65% After Profit Return

By Ayomide Otitoju MTN Group President and CEO Ralph Mupita has revealed plans to reduce the Group’s shareholding in MTN Nigeria from 76 percent to 65 percent through a public offer—once the unit returns to profitability and resumes dividend payments. Speaking during an editors’ roundtable this week, Mupita reiterated the Group’s long-standing commitment to enhancing…

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UK Announces £450m Military Aid for Ukraine at Brussels Meeting

The British government has announced a new £450 million military support package for Ukraine, as UK Defence Secretary John Healey and his German counterpart, Boris Pistorius, co-chaired a high-level meeting of 50 nations in Brussels on Friday. The Ukraine Defence Contact Group, traditionally led by the US, gathered with the aim of increasing international pressure…

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NAFDAC Intensifies Crackdown on Fake MSG in Northern Nigeria

By Ayomide Otitoju The National Agency for Food and Drug Administration and Control (NAFDAC) is ramping up efforts to combat the influx of substandard, unbranded, and rewrapped monosodium glutamate (MSG) products, particularly in Northern Nigeria. While MSG—commonly used to enhance savory flavors—is considered safe for consumption by both NAFDAC and the World Health Organization (WHO),…

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