The David Against Corporate Goliaths
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…
The Abuja High Court has affirmed the statutory authority of the Federal Competition and Consumer Protection Commission (FCCPC) to investigate consumer complaints regarding airline ticket pricing. The ruling was delivered by Honourable Justice B.F.M. Nyako following a suit filed by Air Peace Limited, challenging the Commission’s authority to investigate complaints…
The Central Bank of Nigeria (CBN) has notified the public that it revoked the operating licenses of forty-six (46) Microfinance Banks (MFBs) in the country. According to the statement signed by Hakama Sidi Ali (Mrs), the apex bank’s acting Director, Corporate Communications, the revocation was due to one or more…
The Federal Competition and Consumer Protection Commission (FCCPC), a Nigerian agency saddled with the responsibility of protecting consumers’ rights, has raised concerns about the price of petroleum in the country despite the global crash of crude oil prices. According to a statement by the Executive Vice Chairman and Chief Executive…
Palm oil traders and consumers in Abakaliki have expressed worry over the persistent inflationary pressure threatening yet another price surge. A survey by the News Agency of Nigeria (NAN) at the International Market and other trading outlets in Abakaliki showed that the price of a litre of oil increased to…
Advocacy for Nigerian consumer rights in the banking sector recorded a major boost with a judgement by a Federal High Court in Abuja dismissing, in its entirety, a suit by UBA Plc seeking to contest the jurisdiction of the Federal Competition and Consumer Protection Commission (FCCPC). United Bank for Africa…
The National Bureau of Statistics (NBS), the Nigeria’s national agency in charge of the nation’s statistsics, has reported that its Consumer Price Index (CPI) rose to 127.7 in September 2025, reflecting a 0.9-point increase from the previous month. What is Consumer Price Index? The Consumer Price Index (CPI) measures the…
The Federal Competition and Consumer Protection Commission (FCCPC) has withdrawn the criminal charge filed against MultiChoice Nigeria Limited and its top officers. This was announced by the FCCPC’s lawyer, Daniel Amadi, while addressing Justice James Omotosho of a Federal High Court, Abuja Judicial Division, when the matter was called for arraignment of…
