Indomie Instant Noodles, a Dufil Prima Foods Limited brand, says it has reduced its price to keep the product affordable to Nigerians. BusinessDay survey of some stores across Lagos shows that the price of 70g Indomie Regular Chicken noodles dropped to N250 from N300 last month. While it’s 40-pack carton[Read More…]
Consumer Education
Indomie Jumps From ₦8,500 To ₦18k; Groundnut Oil ₦7k To ₦11k; Potatoes ₦25k To ₦40k
In Jos, where Irish Potatoes is cultivated, a bag of Irish Potatoes which earlier cost N25,000 now sells for N40,000. It has been revealed that prices of goods have increased by over 100 percent. This is according to a market survey by Peoples Gazette at Mararaba, an Abuja satellite town[Read More…]
FCCPC tasks electricity distribution companies on quick responses to customers’ complaints
The Federal Competition and Consumer Protection Commission (FCCPC) has advised distribution companies to design a quick response mechanism to address customers’ complaints within their networks. The FCCPC acting executive chairman, Adamu Abdullah, gave the advice recently in Lagos at the end of a four-day one-stop-shop for addressing billing, metering, transformer,[Read More…]
FCCPC seals off Sahad Stores in Abuja
The Federal Competition and Consumer Protection Commission (FCCPC) has sealed Sahad Stores, a popular Abuja shopping mall. The store’s Area 11, Garki branch was sealed on Friday following an alleged disparity between prices on the shelves and what customers had to pay. The enforcement was led by FCCPC Acting Executive[Read More…]
NAFDAC Shuts Lagos Shops Over Sales Of Unregistered Drugs
National Agency for Food and Drugs Administration and Control (NAFDAC) has sealed off some shops in Lagos over the sales of controlled and unregistered drugs in the company. Speaking during an enforcement exercise in Oke-Arin, Idumota, Lagos, the deputy director, Investigation and Enforcement Directorate, NAFDAC, Afolabi Aderemi, said the move[Read More…]
From Roots to Fruits: A Tree’s Tale of Human Existence.
By Olaotan Fawehinmi “But a person whose good deeds exceed his wisdom is likened to a tree whose branches are few but whose roots are numerous. Even if all the winds of the world were to come and blow against it, they could not budge it from its place.” –[Read More…]
Comply with regulatory standards, ex-NAFDAC director urges breadmakers
A former Director, Food Registration and Regulatory Affairs at the National Agency for Food and Drug Administration and Control, Rev. William Effiok, has urged breadmakers under the aegis of the Premium Breadmakers Association of Nigeria to be prepared for better business opportunities in 2024 by complying with regulatory standards. Effiok[Read More…]
NAFDAC alerts Nigerians on ban of Sheesha beauty creams, Dona White cream
The National Agency for Food and Drugs Administration and Control (NAFDAC) has issued a public notification regarding the prohibition of Sheesha Beauty Cream and Dona White Extra Whitening Lotion by the European Union (EU). Following stringent testing against European standards, these products have been found non-compliant with the Cosmetic Products[Read More…]
Bank customers pay N225.6bn as charges for e-business
Customers of leading commercial banks in Nigeria paid N225.6 billion as charges for accessing electronic business (e-business) services in the first nine months of 2023 (9M’23). This represents a 32.3 percent year-on-year (YoY) increase when compared to N170.46 billion they paid in 9M’22. It also indicated increased adoption of electronic[Read More…]
Customers to Pay More from November 6 as Multichoce Raises Subscription Fees
Multichoce Nigeria, the owners of DSTV and GOTV, has announced another increase in its subscription fees for different bouquets, effective from Monday, November 6, 2023. This is the second time the company has hiked its prices this year, causing more financial burden for its customers. According to a notice sent[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…]