Category : Search result: consumer prices


CBN Orders Banks To Withdraw Misleading Adverts

The Central Bank of Nigeria has ordered all banks to withdraw misleading advertisements. New rules require pre-approval notifications and compliance attestations to protect consumers.

Lagos Poultry Farmers Promise Price Drop for Xmas

Lagos residents can expect cheaper eggs and chicken this festive season as poultry farmers announce price reductions, thanks to the state government's Ounje Eko subsidy program. Find out how this impacts your holiday budget.

Naira weakens to N1,456.72/$ as economy faces pressure

Naira depreciates by 0.98% to N1,456.72/$ amid dollar demand and structural challenges. Nigeria's foreign reserves rise to $44.12 billion despite oil price decline. Learn more about the economic outlook.

Rice Prices Drop 40% in Nigerian Markets

Nigerian consumers rejoice as rice prices plummet from N95,000 to N55,000 per bag due to increased local production and imports. Traders face losses while experts warn the relief may be temporary.

10 Brand Names Nigerians Mistake for Products

Discover why Nigerians call all noodles Indomie and all diapers Pampers. This phenomenon of genericide reveals the power of branding in Nigeria's competitive market. Read more!

MultiChoice Holiday Offers for GOtv Subscribers

MultiChoice announces special holiday packages for GOtv customers including AFCON 2025 coverage, Premier League access, and discounted decoders starting at N6,500 until December 31, 2025.

NCAA fines Qatar Airways N5m, warns AirMaroc, Saudi Air

Nigeria Civil Aviation Authority imposes N5 million fine on Qatar Airways for consumer protection violations. Airline faces sanctions over passenger mistreatment case. Royal Air Maroc and Saudi Air also warned.

Memory Chip Crunch to Increase Gadget Prices

Shoppers face higher prices for phones and laptops as AI data centers consume memory chips. Experts warn of significant price increases through 2026. Learn how this affects Nigerian consumers.

NCAA fines Qatar Airways N5 million for violations

Nigeria's aviation authority imposes N5 million fine on Qatar Airways for repeated consumer protection breaches and failure to respond to investigation letters. Learn more about the regulatory action.

EU Plans New Rules for Shein and Temu

The EU is overhauling consumer protection rules to tackle platforms like Shein and Temu over labour and competition concerns. A new draft law is expected next year.

DStv Compact Plus: Channels & ₦30,000 Price

Complete guide to DStv Compact Plus package featuring 145+ channels including SuperSport Premier League. Learn pricing at ₦30,000 monthly and payment methods available in Nigeria.

Experts Warn of Fake Wine Flood in Nigeria

Industry experts raise alarm over influx of counterfeit wines in Nigeria, posing serious health risks and revenue loss. Learn how to identify genuine products.

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