Day: August 19, 2026

Cement Price: FCCPC Establishes Possible Price Manipulation after Three Months Probe

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…

NDLEA Arrests Fleeing Celebrity Drug Kingpin, Smashes International Cocaine Cartel

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.…