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FCCPC accuses Coca-Cola of secretly swapping sugar for artificial sweeteners
The Federal Competition and Consumer Protection Commission (FCCPC) Thursday accused Coca-Cola Nigeria Limited and Nigerian Bottling Company Limited (NBC) of violating consumer protection laws. FCCPC, in a statement signed by its management, accused the two companies of misleading trade descriptions,
Coca-Cola secretly swapped sugar for artificial sweeteners - FCCPC
The Federal Competition and Consumer Protection Commission (FCCPC) has accused Coca-Cola Nigeria Limited and Nigerian Bottling Company Limited (NBC) of violating consumer protection laws on Thursday. FCCPC, in a statement signed by its management, accused the two companies of misleading trade descri
Five firms record N723 billion loss to FX crisis, others in six months
Net foreign exchange losses due to the currency crisis and related macroeconomic challenges have continued to take huge tolls on the profitability and overall performance of companies listed on the Nigerian Exchange Limited (NGX), leading to a combined loss of N723.8 billion by five companies in hal
Grounded Arik fleet threatens Chevrons oil production
Court fixes August 5 for suit There are indications that the 130,000 barrels per day crude oil production by Chevron Nigeria is threatened following the grounding of Arik aircraft by Nigeria Airspace Management Agency (NAMA) over a $2.5 million debt. Findings by The Guardian revealed that Nigeria Na
Alleged $2.5m indebtedness: Court to hear suit against Arik aircraft seizure
A Federal Capital Territory (FCT) high court on Wednesday fixed Aug 5, to hear a suit seeking to stop the seizure of the aircraft and other properties belonging to Arik Air Limited over $2.5 million indebtedness. Motion that was filed The Asset Management Corporation of Nigeria (AMCON) filed a motio
Arik Air kicks as NAMA grounds aircraft over $2.5m debt
Arik Air has expressed displeasure over the grounding of its operations by the Minister of Aviation, Festus Keyamo, without prior notice. The post Arik Air kicks as NAMA grounds aircraft over $2.5m debt
Air ticket cost to rise as NAMA proposes 800% spike in navigation fees
Sixteen years after aircraft navigation fees were last reviewed, the Nigeria Airspace Management Agency (NAMA) has proposed to increase the fees by 800 per cent. The post Air ticket cost to rise as NAMA proposes 800% spike in navigation fees
NIN-SIM Linkage: NCC directs telcos to reactivate blocked lines
The Nigerian Communications Commission (NCC) has directed telecom operators to immediately reactivate all lines that were disconnected due to the failure to verify their National Identification Numbers (NINs) with their subscriber identification modules (SIMs). The commission, however, urged members
Leverage AI for improved service delivery, FIDIC deputy president urges engineers
The Deputy President, International Federation of Consulting Engineers (FIDIC) Africa, George Okoroma, has urged engineers to leverage Artificial Intelligence (AI) to improve quality service delivery in the construction industry and embrace other economic opportunities in the sector. Okoroma said th