In the face of Nigeria’s persistent economic challenges, the Federal Competition and Consumer Protection Commission (FCCPC) has found itself thrust into the limelight under the stern leadership of Tunji Bello. Appointed to safeguard consumer rights and ensure fair market practices, Bello has taken an aggressive approach to address the issue[Read More…]
Author: Godwin Anyebe
Ikeja Electric Faces Backlash Over Proposed Tariff Band Migration Without Consent
Residents of several communities in Lagos State, Nigeria, are up in arms over Ikeja Electric’s recent decision to migrate them from tariff Band B to Band A without their consent. The proposed change, which is set to take effect on September 1, 2024, will significantly increase electricity tariffs, raising the[Read More…]
ARCON Pioneers Africa’s First Stock Image Bank, Inaugurates Committee to Engage Professionals
In an unprecedented move set to revolutionize the African media landscape and boost local content production, the Advertising Regulatory Council of Nigeria (ARCON) has taken a bold step towards establishing the continent’s first indigenous stock image bank named the Nigeria Stock Image Bank (NSIB). The Image Bank is expected to[Read More…]
Nigeria’s Financial Sector Revolution: How AI is Transforming Business, Driving Growth
Access Holdings Plc., one of Africa’s leading financial services providers, is pioneering the adoption of artificial intelligence (AI) to enhance operations, accelerate innovation, and drive economic growth. With AI tools like Microsoft 365 Copilot, the Nigerian financial giant is demonstrating the transformative potential of AI in the financial services industry[Read More…]
Dealers Back NASS Crackdown on Substandard Steel Producers
The Iron Rod and Steel Distributors Employers of Nigeria (IRSDEUN) said it is in full support of moves by the National Assembly towards mopping up substandard steel products across the country. The union noted that substandard steel products have saturated the Nigerian market, because of the greed of some producers,[Read More…]
NAFDAC Debunks Bread Ban, Cautions Bakers About Saccharine
The National Agency for Food and Drug Administration and Control (NAFDAC) has clarified that it didn’t tell Nigerians to avoid eating bread produced and sold within the country. The clarification comes after what NAFDAC described as a misunderstanding related to comments made by Roseline Ajayi, NAFDAC’s South-West Coordinator. Ajayi stated[Read More…]
The ENI-Oando Speedy Approval Raises Questions Amid Lingering Divestment Concerns
The recent swift approval of the ENI-Oando deal has sparked considerable debate within Nigeria’s energy sector. As the Italian energy giant ENI divests its onshore assets in Nigeria, selling them off to Oando, a prominent Nigerian oil and gas company, industry stakeholders are raising eyebrows at the speed with which[Read More…]
The Minister of Information’s ‘Brand Nigeria’ Project – A Promising Initiative with Critical Questions
The recent launch of the “Brand Nigeria” project by the Minister of Information has sparked widespread interest and debate. Aimed at rebranding the nation’s image both domestically and internationally, the initiative seeks to highlight Nigeria’s strengths and potentials, while addressing the negative stereotypes that have long plagued the country. While[Read More…]
The Debit Card Conundrum: Profit or Value Centric?
I would advise objective consideration of this piece, to situate it properly in relation to its purpose; CONSUMERS’ ASSEMBLY would rather that issues of concern serve collective good of all, albeit from the perspective of CONSUMERS, not minding parochial considerations. That also explains my position of inquisitiveness. I would always[Read More…]
How Brand Packaging Affect Pricing
All over the world, the issue of brand packaging is not new to brand handlers. On its face value, packaging is a deliberate investment in product presentation, preservation, display and differentiation. For cost accounting, the interest stretches from its implication on basic cost to the total project cost outlay, through[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…]