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Price Hikes or Price Gouging? By Sola Salako-Ajulo

Price Hikes or Price Gouging? By Sola Salako-Ajulo Inflation is an economic reality that affects every sector, and in Nigeria, its impact has been particularly severe in recent months. The removal of subsidies on petroleum products, combined with volatile exchange rates, has led to a significant...

Why FCCPC Should Not Ask Traders to Crash Prices – CPPE

Why FCCPC Should Not Ask Traders to Crash Prices – CPPE The Centre for the Promotion of Private Enterprise (CPPE) has advised the Federal Competition and Consumer Protection Commission (FCCPC) to avoid controlling the prices of goods. On Thursday, FCCPC gave businesses a one-month ultimatum to...

FCCPC Gives Traders One Month to Crash Prices

FCCPC Gives Traders One Month to Crash Prices The Federal Competition and Consumer Protection Commission (FCCPC) has given one month moratorium to traders and other market stakeholders involved in exploitative pricing to crash the prices of goods. The newly appointed Executive Vice Chairman of the FCCPC,...

Tinubu Appoints CEO, Board for Nigerian Consumer Credit Corporation 

Tinubu Appoints CEO, Board for Nigerian Consumer Credit Corporation  President Bola Tinubu has approved the appointment of some qualified Nigerians to the Board of the Nigerian Consumer Credit Corporation (CREDICORP) This, according to a statement by Presidential spokesman, Ajuri Ngelale, was meant to further expedite the...

FCCPC Investigates Steel Manufacturers Over Product Quality

FCCPC Investigates Steel Manufacturers Over Product Quality The Federal Competition and Consumer Protection Commission (FCCPC) is investigating the quality of steel being produced by three local steel manufacturing companies. The FCCPC team, at the weekend, stormed three steel manufacturing firms in Ogun State to investigate the...

Senate Okays Tinubu’s Request To Sack FCCPC Boss

Senate Okays Tinubu’s Request To Sack FCCPC Boss The Senate has approved President Bola Tinubu’s request to sack the Executive Vice- Chairman of the Federal Competition and Consumer Protection Commission (FCCPC) Babatunde Irukera. The decision was sequel to a motion by the Senate Leader, Opeyemi Bamidele...