The International Data Corporation (IDC) has found that Nigeria’s smartphone shipments declined 13.6 percent, with demand for both types of mobile devices hit by the Covid-19 pandemic. The June report of the IDC also showed that Nigeria’s feature market suffered a 12.5 percent quarters one quarter (QoQ) decline in shipments[Read More…]
Tag: market
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 stretch from its implication on basic cost to the total project cost outlay, through[Read More…]
Luminous introduces innovative Solar Tall Tubular Batteries into Nigerian market
Simba Group, distributors of Luminous power back up solutions including inverters, batteries and solar powered systems, have unveiled a ‘first of its kind’ Luminous Solar Tall Tubular battery into the Nigerian market. The battery which is optimized for solar applications, is made with patented technologies to offer fast charging and[Read More…]
Hypo partner NCDC tokick out LASSA fever
In a combined effort to ensure that the Lassa endemic remains significantly curtailed, Hypo, makers of a bleach brand joined forces with the Nigerian Centre for Disease Control (NCDC) to conduct a national outreach programs in major markets especially in the most tensioned states across Nigeria. The national market outreach[Read More…]
Bhojsons powerhub introduces amaze power back up solution into Nigerian market
In attempt to deepen it’s market share, a subsidiary of the Bhojsons Group – Bhojsons Powerhub, Nigeria’s emerging power solutions company has introduced Amaze Power Back Up solution into the Nigerian market. The launch of Amaze – one of the leading Power Back Up brands in India, was held during[Read More…]
Forex: CBN injects $218.41m, CNY 18m into retail secondary market
The Central Bank of Nigeria (CBN) has injected the sum of 218.41 million dollars into the retail Secondary Market Intervention Sales (SMIS). The bank’s Director, Corporate Communications Department, Mr Isaac Okorafor made this known in a statement in Abuja on Friday. Okorafor said 18 million Yuan was also injected in[Read More…]
NESG urges Nigeria to maximise AfCFTA opportunities
Latest technical report by Nigerian Economic Summit Group (NESG), has revealed that the African Continental Free Trade Area (AfCFTA), may lead to one of two outcomes; a win-win outcome for all African countries, or a zero-sum game in which the gain of one country becomes the loss of another and[Read More…]
Expert urges amendment of Consumer Protection Act
A retired Judge of the Federal High Court, Justice E. O. Sanyaolu, has urged stakeholders in the justice sector to take a look at the Federal Competition and Consumer Protection (FCCPC) Act 2019 in order to address possible areas of amendment of the Act. Noting that the Act was signed[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…]