Nigeria’s food inflation rate surged by 2.79 percentage points to reach 20.31 percent in July 2026, up from 17.52 percent in June, marking the fifth consecutive monthly increase since March. According to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS), this development marks[Read More…]
Consumer Education
Pioneering Shared Value: How Nestlé Nigeria Redefines Corporate Catalysts in Emerging Markets
By Godwin Anyebe For decades, corporate social responsibility (CSR) existed at the periphery of corporate governance, a transactional mechanism designed to manage public relations and satisfy regulatory minimums. In contemporary emerging economies, however, this traditional model of corporate benevolence has proved wholly insufficient. Modern industrial ecosystems demand a systemic recalibration:[Read More…]
The Consumers Have Spoken as Voting Closes for the 5th Consumers Value Awards
The voting process for the fifth edition of the Consumers Value Awards (CVA) has officially closed, marking the end of another significant chapter in Nigeria’s foremost consumer-driven platform for recognising brands and public institutions that consistently deliver value. Speaking on the conclusion of the nationwide voting exercise, Akonte Ekine, Convener[Read More…]
Two Rules, One Line: What the High Court’s Ruling on Airtime Lending Means for Millions of Nigerians
When the Federal High Court sitting in Lagos delivered its verdict on Nigeria’s digital lending framework, most initial commentary fell back on the usual tropes of corporate warfare: a high-stakes showdown between telecom service providers and a aggressive consumer protection agency. It was a dramatic narrative, but it missed the[Read More…]
Federal High Court Upholds FCCPC’s Authority to Investigate Airline Ticket Pricing
The Federal High Court in Abuja has reaffirmed the statutory power of the Federal Competition and Consumer Protection Commission (FCCPC) to investigate consumer complaints regarding airline ticket prices. The court explicitly ruled that the agency’s authority to conduct fact-finding inquiries is legally distinct from the power to fix or regulate[Read More…]
Crackdown on Unfair Prices: Lagos & FCCPC Target Store Tags and Refund Rules
The Lagos State Government, through the Lagos State Consumer Protection Agency (LASCOPA), in collaboration with the Federal Competition and Consumer Protection Commission (FCCPC), is set to convene a joint stakeholder engagement to address issues surrounding price tagging, product labelling, and compliance with return and refund policies. The engagement is aimed[Read More…]
LASCOPA Recovers Over N260 Million and $10,000 for Consumers in 2026 Enforcement Drive
The Lagos State Consumer Protection Agency (LASCOPA) has successfully recovered over N260 million and $10,000 on behalf of aggrieved consumers during its ongoing 2026 regulatory enforcement drive. The financial redresses, achieved through direct interventions involving commercial banks, electricity distribution companies (DisCos), and domestic and international airlines, were secured following complaints[Read More…]
From Hustle to Enterprise: CREDICORP Launches YouthCred for Nigerian Entrepreneurs
Nigeria’s young entrepreneurs are not waiting for jobs; they are trading, building, crafting, and serving customers every day. What has kept their hustle from becoming enterprise is not ambition, but access: working capital, a credit history, and a formal route into the financial system. Today, the Nigerian Consumer Credit Corporation[Read More…]
Cultivating Tomorrow: How Nestlé Nigeria is Rewriting the Playbook on Crop and Animal Husbandry
By Godwin Anyebe Across the sun-drenched grain belts of Kaduna State and the lush pastoral expanse of the Federal Capital Territory, a quiet yet profound revolution is reshaping the contours of Nigerian agriculture. For decades, the nation’s food ecosystem has grappled with a persistent paradox: boundless agro-ecological potential shadowed by[Read More…]
From Waste to Wealth: How Nestlé Nigeria’s Circular Coalition is Reshaping Nigeria’s Ecological Horizon
By Godwin Anyebe The early morning sun over Lagos reveals a familiar contrast. On one side, the sparkling, ambitious architecture of a rapidly expanding financial hub; on the other, the quiet, persistent crisis of clogging waterways and sprawling landfills. In a country of over 200 million people, plastic packaging is[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…]