Consumer Updates – ConsumerConnect

Blockchain Technology in Nigeria Photo: Shutterstock

Cryptocurrencies: Reactions as Nigeria’s CAC rejects registration application of Blockchain start-up

October 21, 2021October 21, 2021

*The Corporate Affairs Commission reportedly says ‘Blockchain is yet to be recognised by the Nigerian Government, kindly expunge’ *Nigeria nowRead More…

Toyota Prius XLE Car Photo: PC Mag

Toyota recalls 8,411 Prius, Prius Prime vehicles over defective engine control software

October 21, 2021October 21, 2021

Emmanuel Akosile | ConsumerConnect Toyota Motor Engineering & Manufacturing is recalling 8,411 model year 2022 Prius and Prius Prime vehicles.
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Mr. Godwin Emefiele, Governor of CBN

CBN launches N500m scheme for undergraduates, graduates to boost youth entrepreneurship

October 21, 2021October 21, 2021

*The Central Bank of Nigeria says the scheme is aim to support youths in tertiary institutions with grants towards promoting agribusiness and entrepreRead More…

EFCC Operatives and Nigerian Navy Combating Oil Theft File Photo: SweetCrudeReports

Economic Sabotage: EFCC, Nigerian Navy reaffirm commitment to fight against oil theft

October 21, 2021

*The Economic and Financial Crimes Commission and Nigerian Navy Ship, NNS Beecroft, in Lagos, have resolved to continue the offensive against crude oiRead More…

Ultra-Processed Foods

Healthy Diet: Ultra-processed foods consumption increased over last 2 decades ─Study

October 21, 2021

*Experts express worry about how this trend will impact consumers’ long-term health Isola Moses | ConsumerConnect Researchers from New York UnRead More…

Prof. Umar Garba Danbatta, Executive Vice-Chairman/CEO of NCC

Cybersecurity: NCC Management, COP Ambassadors stress importance of child online safety in Africa

October 21, 2021October 21, 2021

*The Nigerian telecoms sector regulator’s Management team, including Directors and Heads of Units, as well as the Commission’s Child Online ProtecRead More…

Ford recalls 126,033 Explorers over defective steering control

October 20, 2021October 20, 2021

Emmanuel Akosile | ConsumerConnect Ford Motor Company is recalling 126,033 model year 2011-2013 Explorers that were originally sold, or are currentRead More…

Jeff Bezos, Founder of Amazon

Digital Markets: Congress indicts Amazon for alleged infractions, false testimony

October 20, 2021October 20, 2021

*The US lawmakers are threatening to involve the Justice Department to begin a criminal probe of the Big Tech and e-commerce giant Amazon, following aRead More…

Smartphones Photo: GizChina

Global chip shortage hits smartphone market as sales drop by 6 percent: Report

October 20, 2021October 20, 2021

*Canalys’ survey indicates the outbreak of the Coronavirus (COVID-19) pandemic pandemic has had a negative impact across supply chains, particularlyRead More…

Nigerian Exchange suspends 4 firms, set to delist 3 others for violations

October 20, 2021

*The Nigerian Exchange Limited says it has suspended trading in the shares of four firms as the NGX is also in the process of delisting three other liRead More…