FCCPC Accuses Cement Makers of Price Manipulation

FCCPC Accuses Cement Makers of Price Manipulation

Nigeria’s competition watchdog has accused local cement manufacturers of manipulating market prices despite holding massive production surpluses. The Federal Competition and Consumer Protection Commission uncovered the price distortion following a three-month cross-border investigation. Retail prices for a 50-kilogramme bag climbed from roughly 9,500 naira in January to 15,000 naira by July. The price surge occurred…

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Iran Vows Devastating Response to US Sanctions

Iran Readies Economy as US Threatens Sanctions

Iranian authorities are rolling out emergency economic measures as Washington prepares a fresh round of trade and financial sanctions. The clerical state is shifting toward a wartime economic model after five months of active conflict with America and Israel. Inflation across domestic food markets has already crossed 128 percent, turning basic groceries into luxuries for…

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Adeleke’s Aide Defends Tinubu Endorsement, Says Osun Owed No Apology

  Governor Ademola Adeleke’s Special Adviser and Spokesperson, Olawale Rasheed, has pushed back against suggestions that Osun State residents were blindsided by the governor’s endorsement of President Bola Tinubu’s 2027 re-election bid, insisting the endorsement predates Adeleke’s own victory at Saturday’s governorship poll. Rasheed made the clarification on Arise Television on Tuesday, responding to questions…

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The Agrarian Rent Crisis: How Banditry Tariffs Are Quietly Pricing Food Out of Urban Markets

The Agrarian Rent Crisis: How Banditry Tariffs Are Quietly Pricing Food Out of Urban Markets

In the agrarian expanses of Benue, Niger, and the broader North Central belt, the harvest season no longer brings relief; it marks the arrival of tax collectors carrying automatic rifles. Across these food baskets, armed non-state actors have established a formalised extortion regime, demanding mandatory access fees, often starting at N500,000 per community or individual…

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Breaking: Over 20 Killed in Fresh Plateau Attack

Breaking: Over 20 Killed in Fresh Plateau Attack

Gunmen raided the Binper community in Plateau State’s Mangu local council, killing more than 20 sleeping villagers. The attackers stormed the farming settlement between midnight and dawn, forcing their way into private homes. Several other residents suffered critical gunshot wounds during the coordinated assault. The midnight bloodbath adds another grim chapter to the long security…

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