Investogist
No Result
View All Result
Sunday, May 10, 2026
  • News
    • All
    • Africa
    • Nigeria
    • World
    EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

    EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

    Ecobank to Raise Fresh Capital Through New Tier 2 Nature Notes

    Ecobank to Raise Fresh Capital Through New Tier 2 Nature Notes

    Senate Confirms Joseph Olasunkanmi Tegbe as Nigeria’s New Minister of Power

    Senate Confirms Joseph Olasunkanmi Tegbe as Nigeria’s New Minister of Power

    No Hantavirus Cases in Nigeria Amid MV Hondius Outbreak — NCDC

    No Hantavirus Cases in Nigeria Amid MV Hondius Outbreak — NCDC

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    FG Orders Immediate Withdrawal of Passports from Nigerians Who Renounce Citizenship

    FG Orders Immediate Withdrawal of Passports from Nigerians Who Renounce Citizenship

    Nigerian Breweries Confirms Fire at Aba Warehouse

    Nigerian Breweries Confirms Fire at Aba Warehouse

    Livingtrust Mortgage Bank Denies Nairaland Money-Laundering Allegations

    Livingtrust Mortgage Bank Denies Nairaland Money-Laundering Allegations

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Deep Capital Approves Capital Increase, Restructuring Plnn

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Ikeja Hotels Plc Declares 3 Kobo Interim Dividend for Q1 2026

    Ikeja Hotels Plc Declares 3 Kobo Interim Dividend for Q1 2026

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Reveals Plans to Build 20,000MW Power Plant

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    Airtel Africa Announces Total Voting Rights and Share Capital

    Airtel Africa Announces Total Voting Rights and Share Capital

    Equity market dragged to N188bn loss

    NGX Group Releases Q1 2026 Results

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

    EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

    Ecobank to Raise Fresh Capital Through New Tier 2 Nature Notes

    Ecobank to Raise Fresh Capital Through New Tier 2 Nature Notes

    Senate Confirms Joseph Olasunkanmi Tegbe as Nigeria’s New Minister of Power

    Senate Confirms Joseph Olasunkanmi Tegbe as Nigeria’s New Minister of Power

    No Hantavirus Cases in Nigeria Amid MV Hondius Outbreak — NCDC

    No Hantavirus Cases in Nigeria Amid MV Hondius Outbreak — NCDC

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    FG Orders Immediate Withdrawal of Passports from Nigerians Who Renounce Citizenship

    FG Orders Immediate Withdrawal of Passports from Nigerians Who Renounce Citizenship

    Nigerian Breweries Confirms Fire at Aba Warehouse

    Nigerian Breweries Confirms Fire at Aba Warehouse

    Livingtrust Mortgage Bank Denies Nairaland Money-Laundering Allegations

    Livingtrust Mortgage Bank Denies Nairaland Money-Laundering Allegations

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Deep Capital Approves Capital Increase, Restructuring Plnn

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Ikeja Hotels Plc Declares 3 Kobo Interim Dividend for Q1 2026

    Ikeja Hotels Plc Declares 3 Kobo Interim Dividend for Q1 2026

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Reveals Plans to Build 20,000MW Power Plant

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    Airtel Africa Announces Total Voting Rights and Share Capital

    Airtel Africa Announces Total Voting Rights and Share Capital

    Equity market dragged to N188bn loss

    NGX Group Releases Q1 2026 Results

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home News

Paxherbal is not approved for treatment of Covid-19 Symptoms – NAFDAC

Sunday, 12 July 2020, 8:37 am
in News, Nigeria
0
Paxherbal is not approved for treatment of Covid-19 Symptoms – NAFDAC
Share Share Share Share Send as Email

National Agency for Food and Drug Administration and Control (NAFDAC) Nigeria, on Saturday said the agency is currently processing Twenty-One (21) herbal medicinal products for “Safe to use” or Listing status.

“No herbal medicine manufacturer can claim effectiveness to treat Covid-19 associated symptoms,” without conducting clinical trials. This was contained in a statement issued by NAFDAC Director General, Prof. Mojisola Adeyeye on Saturday.

She said that the “statements circulating on social media that NAFDAC has approved Paxherbal remedy for the treatment of Covid-19 symptoms is “wrong and inaccurate.”

According to Adeyeye “Paxherbal applied for Listing of Pax Herbal Cugzin capsule 290mg which was approved by NAFDAC and Listed as “Safe to use. The applicant claimed that it is an immune booster and an anti-infective.

“However, as part of the labelling of the product, and in line with global practice, a Disclaimer is on the product label which clearly states that THE CLAIMS HAVE NOT BEEN EVALUATED BY NAFDAC.

“Therefore the statements circulating on social media that NAFDAC has approved Paxherbal products “specifically for treating symptoms associated with Coronavirus” is WRONG and INACCURATE.

“Until a clinical study is done in a scientific manner, no herbal medicine manufacturer can claim effectiveness to treat Covid-19 associated symptoms.”

  • Have you read?
  • Access Bank Plc – Acquisition of 100% Equity Interest in Cavmont Bank Zambia Ltd by Access Bank Zambia Ltd
  • FCMB Group Plc issues notice of Board Meeting and Closed Period

The Director General also said that “many of the applicants claim that their products are immune boosters and anti-infectives, useful for relief of symptoms that could be associated with COVID-19.

“However, no clinical study has been done yet on any of the products to prove their claim of efficacy.

“Most of the applicants that submitted herbal medicines that are currently undergoing processing have been issued compliance directives to provide additional information or/and evidence of Good Manufacturing Practice or environment fit for production of the medicines” shed added.

Written by

Ifunanya Ikueze

Related Posts:

  • Buhari,,
    All you need to know about "Coronavirus disease…
  • Emefiele
    Naira redesign was not approved by ex-president -…
  • Health is wealth
    Sexually transmitted diseases (STDs): Symptoms,…
  • Heart attack
    HEART DISEASE: Heart attack, symptoms, causes, and control
Tags: Covid-19 NigeriaNAFDACPax Herbal
Previous Post

How much is the Business worth: The Stories Income Statement Tell

Next Post

Support Grants for Doctoral Research on Nigerian Art History

Next Post
Support Grants for Doctoral Research on Nigerian Art History

Support Grants for Doctoral Research on Nigerian Art History

Please login to join discussion
  • Trending
  • Comments
  • Latest
MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

NEIMETH lists additional 2.37 billion shares on NGX

Neimeth Opens N4.00 Rights Issue to Shareholders

Airtel Africa  Announces Total Voting Rights

Airtel Africa Continues $100m Buy-back With New Share Repurchase

EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

Airtel Africa Releases Audited Financial Statements for Q1 2026

Airtel Africa Releases Audited Financial Statements for Q1 2026

Ikeja Hotels Plc Declares 3 Kobo Interim Dividend for Q1 2026

Ikeja Hotels Plc Declares 3 Kobo Interim Dividend for Q1 2026

Ecobank to Raise Fresh Capital Through New Tier 2 Nature Notes

Ecobank to Raise Fresh Capital Through New Tier 2 Nature Notes

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2026 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved