Category: Business News

CPC records 30% increase in consumer complaints

The Director-General, Consumer Protection Council, Mr. Babatunde Irukera, on Tuesday said the council had recorded an increase in the rate of consumer complaints within the last few months. He said this at a sensitisation forum organised by the council for the civil society in Abuja. He attributed the rise in complaints recorded by the council…

Oil price rises above $65 per barrel

Brent crude oil prices jumped above $65 per barrel after the shutdown of the Forties North Sea pipeline knocked out significant supplies from a market that was already tightening due to OPEC-led production cuts. Brent crude futures on Tuesday, the international benchmark for oil prices, were at $65.07 dollars a barrel at 0211 GMT. U.S.…