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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…
The Socio-Economic Rights and Accountability Project has formally urged Nigeria’s competition regulator to investigate eight of the world’s most powerful technology companies over allegations that their algorithmic systems, data practices, and market dominance are systematically harming Nigerian media organisations, businesses, consumers, and democratic institutions. In a complaint dated 28 February 2026 and signed by…
The National Agency for Food and Drug Administration and Control (NAFDAC) has debunked reports alleging that the Federal Government directed a suspension of the ban on sachet alcohol and alcoholic beverages packaged in PET bottles below 200ml, describing the claims as false and misleading. In a statement issued on Thursday, NAFDAC clarified that no such…
Church leaders under the Ecumenical Synods of Bishops, Archbishops, Apostles and Senior Clergy have declared that churches lack the capacity to identify fake or adulterated anointing oil, urging the National Agency for Food and Drug Administration and Control (NAFDAC) to intensify its regulatory oversight. The clerics spoke following the recent discovery by NAFDAC officials of…
