Consumer spending is one of the main engines of economic growth, and its trajectory in the months ahead will be an important indicator of the Nigeria’s economic health. If the current trend continues, average daily spending could break through the bench mark on a routine basis, and thus denote a[Read More…]
Author: Godwin Anyebe
FCCPC Seals Store of Expired Apples and Pears in Abuja
The Federal Competition and Consumer Protection Commission (FCCPC) has sealed Apple & Pears Ltd. It cited expired items in their retail and storage location in Abuja. Babatunde Irukera, FCCPC Chief Executive Officer, made the announcement in a statement recently. He said it was disclosed that food products purchased were expired,[Read More…]
Okunbo Appoints Ajayi As Media Adviser
Captain Hosa Wells Okunbo, business magnate and Chairman of the Hosa Wells Group, has appointed veteran journalist and media management expert, Samuel Ajayi, as his Media and Communications Adviser. The appointment, which took effect immediately, was announced via a statement by Captain Okunbo at his corporate headquarters in Abuja. In[Read More…]
ShopRite “Exit”: How Ineffective Communication Affects Brand
It is a known fact that, while good and effective communication help to build a brand, ineffective communication can bring a brand to disrepute. Misunderstandings can be prevented with good communication. Rumors and bad will can derail an organization. Someone says something, and someone else takes offense. But when there’s[Read More…]
Discos Give Conditions to Accept Forensic Audit
Ten out of the 11 electricity distribution companies (Discos) in Nigeria’s power sector have said that they will take part in a planned forensic audit of their operational activities by the federal government through the Nigerian Electricity Regulatory Commission (NERC) and the World Bank if certain conditions are guaranteed to[Read More…]
SON Secures Conviction of Two over SON Secures Conviction of Two over Engine Oil Adulteration in Lagos
A Federal High Court in Lagos on Friday convicted two men, Uche Johnson and Kingsley Meteke, for producing and distributing substandard engine oil and sentenced them to two-years imprisonment each. The Standards Organisation of Nigeria (SON) brought them before the court on a four count charge of production, possession, dealing[Read More…]
FG Rejects Proposed Increment of Licence Fee for Currier Services
The Federal Government has rejected the proposed increment of license fee for courier services by the Nigerian Postal Service, NIPOST. The minister of communication and digital economy, Isa Pantami, in a tweet Saturday morning, insisted that the increase was not part of the regulation he approved for the agency on[Read More…]
NLC Tells FG to Rescind 6% Stamp Duty on Tenancy Agreement
The Nigeria Labour Congress has opposed the six per cent stamp duty fee for every tenancy and leases agreement stipulated by the Federal Inland Revenue Service. It described the new tax as a financial burden on poor Nigerians at a time they were facing socio-economic pressure arising from the COVID-19[Read More…]
Outrage Among Consumers As NIPOST Imposes New Charges On Courier And logistics Services
The Nigerian Postal Service (NIPOST) has imposed new costs of licence for logistics and courier services, sparking outrage from Nigerians online. The new charges introduced by NIPOST are expected to cause an increase in the cost of courier services and delivery goods. According to NIPOST, companies which provide international courier[Read More…]
Consumers laud Mr Bigg’s, Debonairs Pizza on quality, standard
Consumers in Lekki area of Lagos have lauded Mr Bigg’s and Debonairs Pizza for a sustained period of quality and standard at its first northwest combo store in Lekki during the past year. The Northwest combo store was commissioned on July 9, 2019 and it has experienced unprecedented patronage in[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]