CBN promises further drop in inflation

Nigeria Consumer News

Nigeria’s Central Bank Governor, Godwin Emefiele said on Friday he expected inflation rate to fall at a faster pace and hit high single digit rates mid-next year. Speaking on a sideline of an investment conference at the London Stock Exchange, Emefiele said he was very optimistic that food prices would come down and as they […]

Nigeria targets 20,000 megawatts by 2021

Nigeria Consumer News

Nigeria’s Federal Government has disclosed its intention to increase electricity generation from the present unstable 5,000MW to 20,000 megawatts of electricity over the next four years is on course. The Minister of State for Power, Alhaji Mustapha Shehuri, gave the assurance in Funtua, Katsina State when he inaugurated a 132/33 KV transformer that would boost […]

Chi recognized as most innovative brand


Chi Limited, major player Juice, Nectar & Value Added Dairy products in Nigeria, was recognized amongst the Top 50 Brands and honoured as the Most Innovative Brand in Nigeria recently.  Renowned for continually enhancing existing brands, creating new product categories and effectively building emotional connection with consumers around them, Chi Limited’s success story at the […]

Customers, agents get 1,000 free tickets as Air Peace marks 3rd anniversary


Nigeria’s airline, Air Peace has issued over 1,000 free tickets, mobile phones and other gift items to its loyal customers and agents to mark its third anniversary. The carrier, which commenced scheduled flight operations to five destinations on October 24, 2014, explained that the gesture was a way of thanking and rewarding the loyalty and […]

HURRAY! Price of Gari Drops By 60%


Price of garri, a staple in the country, has dropped significantly in Enugu state over the last 120 days. This is cheering news for lovers of Nigeria’s most staple food, Garri. A market survey conducted on Monday, revealed that the amount has dropped from as high as N1,250 to between N450 and N500 per paint […]

CBN to extend BVN to microfinance

Nigeria Consumer News

The federal government has asked the Central Bank of Nigeria to extend the requirement for the Bank Verification Number (BVN) to account holders in microfinance banks. Kemi Adeosun, Nigeria’s minister of Finance, said this in a letter to the CBN governor, Godwin Emefiele. She said the extension would help identify bank accounts which might have […]

Invest in solar energy, Fashola urges Nigerians

Nigeria Consumer News

The Minister of Power, Works and Housing, Mr. Babatunde Fashola, SAN, has urged Nigerians to invest in solar energy to reduce pressure on national grid. Fashola gave the advice in Lagos at a book launch titled: “Solar Electricity Generation for off-grid communities in Nigeria.” The book was authored by Managing Director, Eko Electricity Distribution Company […]

FG to ban use of SMS banking



The sending of vital bank details via short message services (SMS) may soon be banned in Nigeria because of its associated risks. To this extent, the Nigerian Communications Commission (NCC) has said it was already engaging with the Central Bank of Nigeria (CBN) to find better ways of doing it. Executive Vice Chairman, NCC, Prof. […]

Cable TV Competion: StarTimes launches pay per day option


StarTimes Nigeria on Thursday announced the Pay Per Day options for subscribers across Nigeria. The Chinese multinational media company with strong presence in Africa also announced other options which include the pay per week and per month. Details of the new announcement are yet to be released, but the media company on its Twitter handle, @StarTimes_Ng […]

Top 5 smartphones for Nigerian consumers


Mobile phones have almost become somewhat of an extension of ourselves. There is a good number of devices that can offer Nigeria consumers a quality device that will have several viable features, without necessarily drilling a hole in their pockets in the process. Huawei P10 Lite Specs: Display: 5.2-inch FHD LCD screen CPU: Kirin 658, 16nm […]

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