The Nigerian Communications Commission has proposed that the time taken to block the Subscribers Identity Module of a reported stolen phone should be reduced from 30 minutes to five minutes. This was disclosed during the three-day public inquiries of six regulatory instruments at the commission in Abuja. While presenting the[Read More…]
Consumer Education
The Vulnarables are Exploiting the Vulnarables – FCCPC
The Federal Competition and Consumer Protection Agency (FCCPC) has said that one of the major cause of food crises in Nigeria is the fact that the Vulnarables are exploiting the Vulnarables simply because some market men and women are not considerate when it comes pricing. Speaking during a multistakeholders worshop[Read More…]
Consumers Call For Boycott Of DSTV, GOTV After 22.2% Price Increase
Some subscribers of DSTV and GOTV are calling for Nigerians to boycott the services of the pay view company. On Tuesday Multichoice, the parent company of DSTV and GOTV announced the upward review of the prices of its satellite services. Effective from May 1, 2023, DStv has said that its[Read More…]
Consumers Value Award Announces Date for Voting
Consumers Value Broadcasting conveners of the Consumers Value Award have announced that the closing date for the online voting for brands of repute; and influence is 30th June 2022. The online voting portal opened on 1st May 2022 and will close on 30th June 2022, making it exactly three months[Read More…]
Telcos Not Responsible for Failed Bank Transactions, Says NCC
The Nigerian Communications Commission has disclosed that the country’s telecommunication networks can absorb the surge in the demand for cashless transactions that have been recorded since late 2022. The Executive Vice Chairman, NCC, Prof. Umar Danbatta, disclosed this during an event to commemorate the ‘2023 World Consumer Rights Day’ in[Read More…]
World Consumer Rights Day 2023: History, significance
World Consumer Rights Day is celebrated on March 15 every year with an aim to raise global awareness about consumer rights and promote consumer protection. The day is also commemorated to be aware about the market injustices across the world. It is an annual event that celebrates solidarity within the[Read More…]
NAFDAC sensitises journalists on dangers of bleaching creams
The National Agency For Food and Drugs Administration and Control (NAFDAC) has urged journalists in the country to join the collective effort on the dangers of bleaching creams. The Director-General of NAFDAC, Prof. Mojisola Adeyeye, made the call at a Media sensitisation workshop on dangers of bleaching creams and regulatory[Read More…]
Banks, Customers Must Approach 2023 With Partnership Mindset – Adeduntan
The Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Dr. Adesola Adeduntan, in this interview with THISDAY reviewed the performance of the global economy in 2022 and advised businesses and their bankers to approach 2023 with a partnership mindset to ensure that a win-win outcome is achieved despite the[Read More…]
Press Release On The Illicit Use Of Herbal Intoxicant Popularly Called ‘Kurkura’ Gargle, Herbal Aphrodisiac, And Alcoholic Bitters In The Country
It is my pleasure to welcome you all to this Press briefing on the activities of NAFDAC. As you are all aware, NAFDAC was established by Act Cap N1 Laws of the Federation of Nigeria 2004 to regulate and control the manufacture, importation, exportation, advertisement, distribution, sale and use of[Read More…]
Press Release By Director General NAFDAC On The Presence Of Mercury In Vaccines Iin Nigeria
It has come to our knowledge that a statement was made that “children in Nigeria were being administered a vaccine that contains 40 percent mercury which was prescribed by foreign organisation.” This statement is not true Mercury is a metal and it is not used as an element as a[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…]