Telecom Tariff Hike: How Consumers and the Government Can Cushion the Impact
The recent 50% hike in telecom tariffs, raising SMS costs from N4 to N6 and 20GB of data from N5,000 to N7,500, has placed an additional burden on Nigerian consumers…
SON Set to Prosecute Dealers of Inferior Steel
The Standards Organisation of Nigeria is set to prosecute manufacturers and distributors of substandard steel products in the country. This was revealed by the Chairman, Special Task Force, Standard Organisation…
The Hidden Risks of NIN-SIM Linkage: Loan App Harassment & Potential Legal Troubles
NIN-SIM Linkage: The Hidden Risks for Consumers and Steps to Complain Officially While the NIN-SIM linkage policy aims to enhance security, consumers are now facing unintended dangers, including: 1. Loan…
Cost Implication to Consumers as Dangote, NNPCL, Total etc Dump Their Respective Discos to Embrace Power Generation
The persistent national grid collapses, frequent power outages, high cost of electricity, line trippings and rising fuel prices in the country is creating a significant crisis in the power sector….
Consumer Protection During Nigerian Bank System Upgrades: 5 Key Tips
As Nigerian banks undergo system upgrades to enhance their services, consumers may experience disruptions in banking operations. These upgrades, while essential for improved security and efficiency, can also present risks…
Why Happy Customers Often Times Do Not Return
In business, there’s an assumption that happy customers will automatically return. While, there’s a strong relationship between a happy or satisfied customer and repeat purchases i.e. when customers have a…
How FCCPC Tackles Immediate & Remote Causes of Exploitative Pricing While Promoting a Free Market Economy
The Federal Competition and Consumer Protection Commission (FCCPC) organized a stakeholders meeting on exploitative pricing which was both robust and engaging where all relevant stakeholders discussed their challenges openly. However,…
How Higher Interest Rates Affect Your Wallet: What You Need to Know!
When the Central Bank of Nigeria (CBN) raises interest rates, it impacts everyone in different ways. Here’s a simple breakdown for consumers: 1. Higher Loan Costs When interest rates go…
Consumer Perspective on the Recent Minimum Wage Increase to Seventy Thousand Naira
The recent increase in Nigeria’s minimum wage to seventy thousand naira has sparked a range of reactions among consumers. Here’s a glimpse into how the average Nigerian consumer views this…
Balancing Tradition and Economy: How the Ooni of Ife’s Price Control Measure Will Impact Nigerian Markets
Price control in a country like Nigeria can be quite complex and a multifaceted issue. The effectiveness of price control measures can vary depending on several factors, including the specific…
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