FCCPC Speaks on Plans to Regulate Food Prices

The Federal Competition and Consumer Protection Commission (FCCPC) has refuted allegations regarding its intention to regulate the prices of food products and other goods within the Nigerian market. The clarification follows concerns raised by the Organised Private Sector and other stakeholders regarding the commission’s recent instruction to businesses to cease practices such as price gouging […]

Keep Reading
Food Price List: How Rising Cost is Affecting Nigerians

Nigerians Groan as Price of Tomatoes Hikes by 300%

Consumers and traders across the country have raised concerns over the recent astronomical increase in the price of tomatoes. A basket of fresh tomatoes, which sold for between ₦50,000 and ₦80,000 in April, now sells for between N140,000 and N150,000. There is even more heightened apprehension following the fast-approaching Eid El-Kabir celebrations by the Muslims. […]

Keep Reading

Nigeria’s Inflation Hits 33.2%

Nigeria’s inflation rate has climbed to 33.2% for the month of March 2024. The update is according to the newest data released on Monday by the National Bureau of Statistics (NBS). The new figure represents a 1.5% increase from the 32.7% recorded in February 2024. Details soon…

Keep Reading