Economic Pressures Reshape Consumer Spending on Technology NIGERIA’S rising inflation and cost-of-living pressures are driving a significant shift in consumer behaviour, with more people opting to repair damaged mobile phones and other digital devices instead of purchasing new ones. The Vice Chairman of Abuja GSM Village, Mr. Abdulfatah Aliyu, disclosed this in Abuja, saying worsening […]
POOR telecommunications service delivery has remained a major source of frustration for millions of Nigerian subscribers despite increasingly stringent regulatory actions by the Nigerian Communications Commission (NCC), raising fresh concerns over the effectiveness of existing enforcement measures in addressing persistent network quality challenges. Although the telecom regulator has intensified sanctions against operators and introduced stricter […]
Multiple Banking Charges Intensify Cost-of-Living Pressures on Nigerians NIGERIA’S drive towards a cashless economy is facing renewed scrutiny as mounting electronic banking charges continue to fuel public frustration, with consumers, economists and financial experts warning that the cumulative cost of digital transactions could undermine financial inclusion and weaken confidence in the country’s payment system. While […]
Regulator says declining crude oil prices should translate into fairer fuel prices, while marketers insist inventory costs, exchange rates and logistics continue to shape retail pricing. FCCPC Raises Concern Over Slow Price Adjustments THE Federal Competition and Consumer Protection Commission (FCCPC) has cautioned operators across Nigeria’s downstream petroleum industry against exploiting consumers by delaying reductions […]
Consumers urge marketers to pass on falling international crude prices as experts explain why lower oil prices may not immediately translate into cheaper petrol at Nigerian filling stations. Motorists Push for Immediate Petrol Price Reduction MOTORISTS, commercial transport operators and commuters across several states have called on petroleum marketers and relevant authorities to reduce the […]
Crude Market Reverses Wartime Gains GLOBAL crude oil prices have retreated to levels recorded before the recent conflict involving the United States, Israel and Iran, raising fresh questions about why Nigerian motorists are yet to experience significant reductions in petrol prices. The decline follows a period of heightened geopolitical tensions that pushed international oil prices […]
By UWAKMFON DAN Federal Government Unveils Emergency Measures on LPG Pricing THE Federal Government has ordered an intensified crackdown on the hoarding, diversion and illegal storage of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, as part of efforts to halt rising prices and guarantee stable supply across the country. The directive was issued by […]
By KUFRE UDO FG Reassures Nigerians Amid Rising Cooking Gas Prices Public Concerns Grow Over LPG Cost Increases THE Federal Government has moved to reassure Nigerians following growing public concern over the recent increase in the price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, insisting that the country’s supply outlook remains positive despite […]
A Billion-Dollar Promise to Transform Connectivity TWO years after a landmark partnership between the Federal Government and the World Bank pledged about $3 billion to transform Nigeria’s digital backbone, the reality on the ground tells a different story. The project—designed to deploy 120,000km of fibre optic cables and 7,000 telecom towers—was expected to significantly improve […]
Tariff Cut Sparks Hope, But Prices Stay High THE Federal Government’s recent decision to reduce tariffs on imported vehicles was expected to ease pressure on consumers and lower transport costs. Instead, industry checks suggest the anticipated relief may be limited, as hidden charges, exchange-rate pressures, and port-related costs continue to inflate final vehicle prices. Under […]