Yuletide: FCCPC Warns Transport Operators Against Exploitative Fare Hikes

The Federal Competition and Consumer Protection Commission (FCCPC) has warned road transport operators across the Country against exploiting commuters through unfair or arbitrary fare increases during the yuletide season, stressing that while fare adjustments may be permissible, consumer exploitation will not be tolerated. The Commission gave the warning in a statement issued on Sunday by…

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Blackout Threatens Festive Season as Gas Shortfall Disrupts Power Generation Nationwide

Nigeria is facing the prospect of widespread electricity outages during the Yuletide season following a fresh disruption in gas supply to power generation companies, a development that has already begun to reduce electricity supply across several parts of the Country. Electricity distribution companies in multiple regions confirmed on Tuesday that gas constraints affecting generation firms…

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SGF Suspends Enforcement of Sachet Alcohol Ban Pending Review

The Office of the Secretary to the Government of the Federation (OSGF) has directed an immediate suspension of the enforcement of the proposed ban on sachet alcoholic drinks and small-volume packaged spirits, pending a comprehensive review of the policy. The directive, issued on Tuesday, December 16, 2025, applies to all regulatory and enforcement activities related…

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End of ‘Taxing Poverty’: Millions of Workers Get Major Income Break

The Federal Government has unveiled sweeping tax reforms that could exempt nearly one-third of Nigeria’s workforce from paying personal income tax, marking one of the most ambitious fiscal shifts in recent years and a clear attempt to ease mounting cost-of-living pressures. Under the proposed framework, workers earning N100,000 or less per month across the public…

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Dangote Refinery Slashes Petrol Price to 699 Naira Per Litre, Sending Shockwaves Across Fuel Market

In a bold move set to reshape Nigeria’s fuel market, Dangote Petroleum Refinery has reduced its petrol gantry price from N828 to N699 per litre, representing a drop of N129 or roughly 15.58 per cent. The adjustment, effective from 11 December 2025, is the 20th price revision by the refinery this year, signalling a strategic…

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Nigerian Senate Demands Answers as Domestic Airfares Hit Record High

Nigeria’s Senate has issued a firm summons to Aviation Minister Festus Keyamo, the Nigeria Civil Aviation Authority (NCAA), the Federal Airports Authority of Nigeria (FAAN), and the Association of Airline Owners, following what lawmakers describe as a shocking and unjustifiable escalation in domestic airfare prices. During Tuesday’s plenary, Senator Abdulfatai Buhari (APC–Oyo), who chairs the…

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CAC Cracks Down: Illegal PoS Operators Nationwide to Face Shutdown from January 1, 2026

The Corporate Affairs Commission (CAC) has announced a sweeping Nationwide directive requiring all Point-of-Sale (PoS) operators to be formally registered, warning that unregistered outlets will be shut down beginning January 1, 2026. The Commission described the growing number of unregistered PoS terminals as a “reckless practice” that violates the Companies and Allied Matters Act (CAMA)…

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Smuggled Pasta, Sugar, Noodles Hit Markets — NAFDAC Issues Red Alert

The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a major red alert following the discovery of increasing volumes of smuggled and prohibited food items circulating across Nigerian markets, warning that the development poses serious risks to public health and violates National import laws. The Agency raised the alarm in a…

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Tinubu Unveils Plan for Nigeria to Become Africa’s Aviation Manufacturing Powerhouse

Nigeria is preparing to commence the manufacturing of aircraft components as part of a broader strategy to position the country as West and Central Africa’s leading aviation hub, President Bola Ahmed Tinubu has announced. Represented by the Secretary to the Government of the Federation (SGF), George Akume, at the maiden Nigerian International Airshow on Tuesday,…

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