Search Results for "Nigerian market"
45 results found
‘Tokunbo’ vehicles dominate Nigerian market by 90% — NADDC

National Automotive Design and Development Council (NADDC) has disclosed that the Nigerian vehicle market is dominated by pre-owned (popularly known as tokunbo) vehicles by 90 percent. Speaking at the weekend in Abuja, the Director of Media, Mrs Susan Taiwo, in a paper presentation said high cost of brand-new vehicles…

General News by nigerianewsfeed · 2 mons ago · 0 comments · 30 views
Why Standard Bank is considering a stake in Nigeria's OPay

…IHS Holding, while standing out for OPay’s strong focus on financial services and the Nigerian market.For now, Standard Bank’s potential investment remains preliminary. But if completed, it could give the banking giant a foothold in OPay before its public-market debut and potentially allow it to benefit from future gro…

Investment by nigerianewsfeed · 2 mons ago · 0 comments · 34 views
“They sell tomatoes, pepper but sponsor children abroad” – Lady shares surprising experience with market women

…Nigerian lady has sparked discussions online after comparing the financial realities of Nigerian market traders with those of some corporate workers. The young woman, identified on X as @ChisomAgbafor, shared her observation about Nigerian market traders and questioned the common perception of who is considered financi…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 28 views
JUST IN: Cement cheaper in Kenya, Togo than Nigeria - FCCPC probe

…Consumer Protection Commission suggest possible manipulation of prices of cement in the Nigerian market. This is the preliminary summation of the 40-page field reports collated following a three-month cross-border study by the Anticompetitive Practices Department of the Commission, undertaken in response to widespread…

world-news by nigerianewsfeed · 2 mons ago · 0 comments · 38 views
Cement prices may be manipulated in Nigeria, FCCPC says

…an industry-wide investigation suggest possible manipulation of cement prices in the Nigerian market. The commission said the findings were contained in 40-page field reports compiled after a three-month cross-border study by its Anticompetitive Practices Department (ACP). “Concerns were raised over the comparatively h…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 27 views
What will happen to MultiChoice Nigeria after acquisition: Company breaks silence

…its ownership by Canal+ will not alter the way it makes key business decisions in the Nigerian market, with pricing, content and channel packaging continuing to be guided by local realities.Kemi Omotosho, chief executive officer of MultiChoice Nigeria, said the company’s leadership remains focused on understanding Nige…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 32 views
MultiChoice Nigeria clarifies ownership structure under Canal+

…said the company’s leadership, strategy and day-to-day operations remain focused on the Nigerian market and its customers, employees, partners and creative industry. She explained that MultiChoice Nigeria became part of CANAL+, a global media and entertainment group headquartered in France with operations across 70 cou…

Computers by nigerianewsfeed · 2 mons ago · 0 comments · 38 views
Enterprise Life strengthens capital base to N18bn

…Group Ghana, a move the firm described as a vote of long-term confidence in the Nigerian market rather than a routine compliance exercise. Akerele framed the development as a launchpad rather than a finish line, pointing to a strategy anchored on sustained investment in technology and partnerships well beyond regulator…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 31 views
US backs 200 Nigerian entrepreneurs for local, export markets

…them on Walmart and Amazon platforms in the United States so they can scale beyond the Nigerian market,” Edu said. She added that improving compliance among small businesses would boost Nigeria’s economy while enhancing food safety and public health. “We do not just want them to grow the economy; we want them to grow t…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 31 views
Customs hand over ₦59m expired drugs to NAFDAC

…determination to stop harmful and prohibited pharmaceutical products from entering the Nigerian market. She disclosed that the expired drugs were intercepted during a joint cargo examination conducted by officers of the Nigeria Customs Service in collaboration with NAFDAC and other relevant government agencies. Atuluku…

Health by nigerianewsfeed · 3 mons ago · 0 comments · 36 views
Udoh emerges as jury member for 2026 international content marketing awards

Nigerian marketing communications professional and Divisional Director of Marketing at Marketing Edge Publications, Anietie Udoh, has been appointed as a jury member for the 2026 International Content Marketing Awards (ICMA), further strengthening his growing reputation as one of Africa’s most respected voices in globa…

General News by nigerianewsfeed · 3 mons ago · 0 comments · 28 views
Find out more rising global costs force Nigerian fuel importers into tough choices

…gap between what it costs to import petrol and what can realistically be charged in the Nigerian market.Dangote Refinery's pricing continues to reshape Nigeria's fuel market Photo: HeliRyImagesDangote Prices Cap Import ReturnsThe core of the problem, according to S&P Global, is that Dangote Refinery has effectively set…

world-news by nigerianewsfeed · 3 mons ago · 0 comments · 35 views
When Dead SIMs Died: How the NCC clean-up made Nigerian telecoms more honest

…interesting. Glo has never been just another telecom operator (p. 3). It entered the Nigerian market with a disruptive spirit. It helped democratise telecom pricing. It gave Nigerians a stronger sense that access to communication did not have to be reserved for the privileged. Its early challenge to established pricing…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 33 views
Pepper seller receives heartwarming celebration from fellow market women after childbirth

…new mother The celebration reflected the close-knit relationships often found among Nigerian market traders, where colleagues frequently come together to support one another during major life events. The new mother appeared visibly touched as the traders laughed, exchanged pleasantries and welcomed both her and the bab…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 47 views
Scholar links skin bleaching to childhood trauma

…50 per cent and Ghana's 39 per cent. Unregulated skin-lightening products sold across Nigerian markets contain mercury, excessive concentrations of hydroquinone or corticosteroids, the BBC report said. Mercury inhibits melanin production but accumulates in the body, causing kidney damage, nerve damage and neurological…

Politics by nigerianewsfeed · 3 mons ago · 0 comments · 82 views
Nigeria's data centres face major test under CBN's local hosting mandate

…question is whether global providers will partner with local operators to unlock the Nigerian market. We believe they will.” Such partnerships could fundamentally reshape Nigeria’s cloud ecosystem. Rather than replacing AWS, Microsoft or Google, local data centres could become the physical foundation upon which those c…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 46 views
FG orders clampdown on marketers hoarding, diverting LPG

…who manipulate the market. "Producers and domestic suppliers must prioritise the Nigerian market, provide reliable supply forecasts, and ensure that domestic allocations reach consumers without diversion or delay. "Depot owners and terminal operators should publish loading schedules, disclose stock and evacuation level…

Business by nigerianewsfeed · 4 mons ago · 0 comments · 55 views
Nigerian Newspapers: 10 things you need to know Sunday morning

…Command, has foiled an attempt to distribute expired pharmaceutical products into the Nigerian market illegally and intercepted a total of 1.8 tonnes of Cannabis sativa in a series of intelligence-driven operations coordinated with sister security agencies. This was disclosed in a press release issued by the Command's…

Crime by nigerianewsfeedofficial · 4 mons ago · 0 comments · 41 views
Lagosians lament high cost of cooking gas: 'For now, it's bye-bye to beans and other foods that take hours to cook

…of LPG nationwide, urging the government to increase domestic LPG allocation to the Nigerian market. Federal Government intervention Meanwhile, the Federal Government said it has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to intensify engagement with producers, marketers and…

Romance by nigerianewsfeedofficial · 4 mons ago · 0 comments · 49 views
Customs intercepts N12.7bn expired drugs, 1.8 tonnes of cannabis in Lagos

…carried out in Lagos. The Command said the illegal goods were stopped from entering the Nigerian market through coordinated efforts with sister security agencies, including the National Drug Law Enforcement Agency, NDLEA, and other regulatory bodies. This was contained in a statement issued by the Command's Public Rela…

Crime by nigerianewsfeedofficial · 4 mons ago · 0 comments · 36 views
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