The Nigerian carbonated soft drink (CSD) market is one of the most competitive, volume-driven, and price-sensitive FMCG sectors in Africa. Ranked among the largest soft drink markets globally, Nigeria has historically been dominated by multinational giants, though indigenous manufacturers have increasingly proven that local brands can disrupt established order. It[Read More…]
Consumer Education
Nigeria’s Food Service Industry Projected to Reach $19.3 Billion by 2030, Driven by Digital Payment Innovations
Nigeria’s food service industry is on track to expand from $11.09 billion in 2025 to $19.31 billion by 2030, reflecting a compound annual growth rate of 11.73%. This growth is heavily supported by the rapid adoption of digital payment infrastructure and financial technology across the sector, according to a recent[Read More…]
Fuel Pricing Asymmetry: The Hypocrisy Behind Nigeria’s Frozen Pump Prices
The dynamics of Nigeria’s downstream petroleum sector have long been a source of friction between consumers, marketers, and policymakers. However, recent global events have brought the perceived insincerity of petroleum importers and marketers into sharp focus. When geopolitical tensions escalated into active conflict involving Iran, the United States, and Israel[Read More…]
26 Years of MILO Basketball Competition: Breeding Champions and Exporting Nigerian Talent
By Godwin Anyebe For more than a quarter-century, while the structural landscape of Nigerian youth sports weathered systemic challenges, fluctuating budgets, and administrative shifts, one hardwood court remained unshakeable. Since 1999, Nestlé Nigeria Plc has consistently lit up the indoor sports halls of the nation, breathing life, grit, and opportunity[Read More…]
FCCPC Applauds Lagos State’s Bold Move to Eradicate Estimated Billing
The Federal Competition and Consumer Protection Commission (FCCPC) has officially commended the Lagos State Electricity Regulatory Commission (LASERC) for its aggressive new reform agenda aimed at eliminating estimated billing and safeguarding power consumers. The endorsement follows the release of the 2025 Lagos Electricity Market Report, which outlines a roadmap for[Read More…]
The Shadow Table: A Market Under Siege
The proliferation of substandard and falsified food products has reached alarming levels. In late 2025 and early 2026, investigations by the Federal Competition and Consumer Protection Commission (FCCPC) uncovered a massive influx of unregistered, smuggled sugar brands, such as Grupo Moreno and Alvean, flooding local markets. These products often bypass[Read More…]
Telcos, Regulators Face Backlash for Defying Airtime Loan Court Orders
A deepening legal and regulatory standoff has left millions of Nigerian mobile subscribers in a state of growing frustration, as major telecommunications operators and government agencies appear to be disregarding explicit court orders to restore critical airtime and data credit services. What began as a regulatory attempt to sanitize the[Read More…]
Tax Ombud Urges Journalists to Educate Citizens on Fiscal Reforms, Taxpayer Rights
The Taxombud/Chief Executive Office of the Tax Ombud, Dr John Nwabueze, has underscored the role of the press in propagating the ongoing fiscal reforms by the administration of President Bola Ahmed Tinubu GCFR, urging journalists to help educate the taxpaying public on the role of the Office of the Tax[Read More…]
‘Cut Salt, Save Lives’ — Stakeholders Advocate Healthier Living at Mirror Conference
Nigerians have been urged to pay closer attention to their dietary habits, particularly by reducing the intake of salt and sugary foods, as part of efforts to safeguard public health and reduce the growing burden of non-communicable diseases. This call formed the centerpiece of discussions at the Mirror Newspaper Conference[Read More…]
NAFDAC Warns of Fake Cerelac Products in Lagos Markets
The National Agency for Food and Drug Administration and Control (NAFDAC) hereby issues a critical warning to the Nigerian public, particularly parents, caregivers, and healthcare providers, regarding the circulation of counterfeit and unregistered Nestlé Cerelac Mixed Fruits and Wheat products in Lagos State. This alert follows a formal complaint lodged[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…]