The David Against Corporate Goliaths
Sterling Bank is a tier-2 commercial bank in Nigeria with an approval license from the Central Bank of Nigeria (CBN). Tier-2 banks in Nigeria require a capital base of ₦200 billion, whereas the international tier-1 category requires at least ₦500 billion in capital base. The bank is a subsidiary of…
The National Agency for Food and Drug Administration and Control (NAFDAC) has clarified that its mandate does not cover unbranded and unpackaged products such as palm oil and fufu sold in open markets. It noted that such products fall “outside NAFDAC’s direct regulatory oversight; sub-national authorities bear primary responsibility for…
The Federal Competition and Consumer Protection Commission (FCCPC) disclosed that its preliminary investigation has revealed a possible manipulation of cement prices in Nigeria. The three-month investigation by the Commission’s Anticompetitive Practices Department (ACP) was in response to widespread public complaints over the high cost of cement in the country. Nigeria…
As an air traveller in Nigeria, especially if you are flying an international airline, locating the right terminal for your airline might be daunting. This issue is usually faced by passengers who are flying an airline for the first time. Know Your Terminal To ensure you are at the right…
Nigerian travellers have lamented the rising cost of transport fare from airports to their respective destinations within the country. Many of these travellers complained about being left with no other option than to patronize authorized airport taxis, as the distance to the main town, especially at the Nnamdi Azikwe International…
Dr. Vincent Olatunji, the National Commissioner and Chief Executive Officer of the Nigeria Data Protection Commission (NDPC), has ordered an investigation into an alleged data privacy violation complaint against the University of Lagos (UNILAG), Lotus Bank, and Hackerbella Ltd. The Commission, in a statement signed by its Head of Legal,…
MTN has announced the discontinuation of its FibreX 20Mbps plan priced at N22,500 effective from August 22, 2026.
This followed an earlier notice by the National Agency for Food and Drug Administration and Control (NAFDAC) a few months ago that the company was undergoing the process of reformulating the product to reduce its sugar content.
Recently, there have been uproars from sellers of alcoholic beverages across Nigeria, especially in Ibadan, Oyo State, over the ban on sachet alcohol and alcoholic beverages in polyethylene terephthalate (PET) or glass bottles below 200ml. The alcoholic packaging was banned by the National Agency for Food and Drug Administration and…
Zayith Yoghurt, a Nigerian Greek yoghurt brand, has been called out by some netizens over a false nutritional claim on its product. The brand on its product “HIGH – PROTEIN GREEK YOGURT” boldly claimed it contains “30g protein per 100g of yogurt”. A food influencer and nutritionist on X (formerly…
