ICYMI: FG gives traders one month to crash prices

ICYMI: FG gives traders one month to crash prices

The Federal Competition and Consumer Protection Commission has given a one-month moratorium to traders and other market stakeholders involved in exploitative pricing to crash the prices of goods. The newly appointed Executive Vice Chairman of the FCCPC, Mr Tunji Bello, said this at a one-day stakeholders engagement on exploitative pricing on Thursday in Abuja. According to Bello, the commission will begin enforcement after the moratorium. He said that the meeting […]

August 30, 2024 4

NEWS

Eleven dead, others injured in Abia auto crash

At least eleven persons were killed on Sunday, including two babies following a tragic road accident near Umuika Junction on the Enugu-Aba-Port Harcourt Expressway in Abia State. The road crash at about 12:45 pm happened when a Sienna car belonging to Abia Line Network crashed with a loaded truck. An eyewitness, who gave his name as Ochiegbu Marvelous, told ABN TV, that the driver slept off on the steering, lost […]

August 12, 2024 14

NEWS

14 die in Kogi auto crash

Fourteen people have lost their lives while 13 others sustained varying degrees of injury in an accident at Aloma community in Ofu Local Government Area of Kogi State. The accident which occurred on Sunday involved a Toyota Sienna bus heading toward Abuja from Port Harcourt and a Toyota Hiace bus heading to the Southern part of the country. Eyewitnesses said the accident occurred when two commercial Toyota buses had a […]

April 22, 2024 26

BUSINESS

Naira crash pushes raw material imports to N3tn – NBS report

Imports of raw materials into the country rose by 25 per cent to N3tn in 2023. This is according to the Foreign Trade Statistics data published by the National Bureau of Statistics. The major raw materials imported during the period included cane sugar, other lubricating oils meant to be mixed further, preparations of milk containing vegetable fats and oils, mixtures of odoriferous substances, sheets for veneering, among others. Conversely, Nigeria […]

April 5, 2024 5

Call us +234 (0) 9073530044

crash