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Findings from an industry-wide investigation conducted by the Federal Competition and Consumer Protection Commission (FCCPC) have suggested possible manipulation of prices of cement in the Nigerian market. The FCCPC disclosed this in a statement on Tuesday, saying the preliminary findings, contained in a 40-page field report, followed a cross-border study by the Anticompetitive Practices Department…

The National Drug Law Enforcement Agency (NDLEA) has dismantled an international cocaine trafficking cartel that used Nigeria as a transit hub for moving illicit drugs to the United Kingdom, other parts of Europe and Asia, arresting its Nigerian arrowhead, a self-styled luxury goods dealer and social media influencer, as he attempted to flee the country.…

The Independent National Electoral Commission (INEC), under the leadership of its Chairman, Prof. Joash Ojo Amupitan, SAN, has commenced intensified preparations for the 2027 General Election, with a firm commitment to ensuring that the elections are credible, inclusive, participatory and reflective of the will of the Nigerian people. The commitment was reinforced at a strategic…

The planned Initial Public Offering of the Dangote Petroleum Refinery & Petrochemicals has taken a significant step forward with the successful completion of a US$1 billion underwriting programme, strengthening the capital markets foundation for what could become Africa’s most consequential industrial listing. The programme, structured by Marob Strategies and Consulting DIFC Ltd and Lilium Capital…

The Lagos State Government has reiterated its strict prohibition on the permanent or everyday use of dealer number plates, warning motorists and vehicle dealers against deploying them for purposes outside those permitted by law. Under the Lagos State Transport Sector Reform Law, 2018, dealer number plates are issued strictly for specific, time-limited activities – namely,…