Consumertrics

EU Opens Probe Into Amazon’s Consumer Protection Measures

  The European Commission, has announced a probe into online retail giant Amazon to see how its consumer protection measures stack up against a new EU internet regulation law. The request for information focuses on Amazon’s risk assessment and mitigation measures required under the EU’s Digital Services Act (DSA), “in particular with regard to the […]

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Nigeria ranks 109th in world’s most innovative countries index

Nigeria ranks 109th in world’s most innovative countries index

  Nigeria has ranked 109th among the most innovative countries in the world according to the 2023 Global Innovation Index (GII), with Switzerland, Sweden, and the United States taking the top three spots. Africa’s top three innovators are South Africa (30.4%), Morocco (28.4%), and Tunisia (26.9%). Nigeria, with a score of 18.4%, falls behind these

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Jada Pickett goes to court over Will Smith’s rumoured sexual encounter

  Jada Pinkett has taken a strong stance against Brother Bilaal, an individual who accused her husband, Will Smith, of engaging in a sexual encounter with popular actor Duane Martin. The accusations surfaced in a trending video where Brother Bilaal claimed to have caught Will and Duane in a compromising situation. Asserting her response during

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ICYMI! Malawi president imposes travel ban on himself

  Malawi’s President Lazarus Chakwera has imposed a travel ban on himself and his government to cut public spending and help the country’s ailing economy. The move was announced after the International Monetary Fund (IMF) approved a $175-million loan for the southern African nation. “I am imposing a freeze on all publicly funded international trips

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Reduce food imports tariff to ease inflation – Afrinvest Report

  A report by Afrinvest has affirmed that one veritable way to curb the surge in inflation in Nigeria would was reducing tariffs on food imports. The report predicts that the upcoming release of inflation figures, scheduled for tomorrow, will show a continued upward trend, reaching 27.9 percent, marking a 102 basis points increase compared

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Safeguarding Nigerian Consumers: Empowering Rights and Ensuring Fair Practices

  In Nigeria, the protection of consumer rights is an essential cornerstone in fostering a fair and transparent marketplace. With an ever-evolving economy and the proliferation of goods and services, the need to shield consumers from exploitative practices and ensure their rights are upheld has become increasingly paramount. Consumer protection in Nigeria involves various measures

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NAFDAC DG, SON DG, FCCPC VP, Others to grace Consumertrics webinar

  The Director General of National Agency for Food and Drug Administration and Control (NAFDAC), Prof. Mojisola Adeyeye, Director General, Standard Organisation of Nigeria, Dr. Ifeanyi C. Okeke, Executive Vice Chairman, Federal Competition & Consumer Protection Commission, Mr. Babatunde Irukera and other influential figures committed to fostering ethical business practices in Nigeria, will grace the

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Shippers Council, FCCPC set to establish consumer protection units at ports

  The Nigerian Shippers Council said it has partnered with the Federal Competition and Consumer Protection Commission to establish a consumer protection regime in the shipping and port sector. The Executive Secretary of the NSC, Mr. Emmanuel Jime, said this on Tuesday in Apapa, Lagos, at the sensitisation programme for stakeholders on consumer rights and

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