The Senate has approved the disengagement of Mr Babatunde Irukera, as Chief Executive/Vice-Chairman of the Federal Competition and Consumer Protection Commission (FCCPC). This followed the approval of the request by President Bola Tinubu, seeking senate’s approval on disengagement of Irukera.…
In a robust move to ensure ethical practices within Nigeria’s digital lending space, the Money Lenders Association (MLA) has endorsed the Federal Competition and Consumer Protection Commission’s (FCCPC) recent enforcement actions. The FCCPC, which has been vigilant in its oversight,…
The Federal Competition and Consumer Protection Commission (FCCPC) says it will intensify enforcement against Digital Money Lenders (DMLs) due to observed violations of the Inter-agency Joint Task Force guidelines. A statement by Dr Adamu Abdullahi, the Acting Executive Vice-Chairman of…
The Acting Executive Vice Chairman/CEO of the Federal Competition and Consumer Protection Commission, FCCPC, Dr Adamu Abdullahi, says there is no going back on regulating digital money lenders in the country. Abdullahi disclosed this during a recent interview with Channels…
In a resolute effort to safeguard the health and future of Nigeria’s youth, the Federal Competition and Consumer Protection Commission (FCCPC), has a campaign tagged “Don’t Burn Their Future” to discourage Tobacco abuse among youths, as death record from tobacco-related…
President Bola Tinubu has sacked Mr. Babatunde Irukera — EVC/CEO, Federal Competition and Consumer Protection Commission (FCCPC) and Mr. Alexander Ayoola Okoh — Director-General/CEO, Bureau of Public Enterprises (BPE). In a statement on Monday night, the President directed the two…
The Federal Government said that British American Tobacco, Nigeria Limited and its connected organisations will pay a $110 million penalty for infringements. The Federal Competition and Consumer Protection Commission announced this in a statement shared on its X (formerly Twitter)…
The Federal Competition and Consumer Protection Commission (FCCPC) has slammed a fine of $110 million on British American Tobacco (BAT) Nigeria and affiliate companies for multiple violation of the FCCP Act and others. A statement by the management of the…
The Federal Competition and Consumer Protection Commission (FCCPC), has backed the Aviation Minister, Mr Festus Keyamo on payment of compensation by airlines to passengers affected by flight delays and cancellation. The Executive Vice Chairman of the Commission, Mr Babatunde Irukera,…
…Clampdown on digital money lenders results in significant drop in complaints The Federal Competition and Consumer Protection Commission (FCCPC) announced that it generated N56 billion as Internally Generated Revenue (IGR) in 2023 and remitted N22.4 billion to the Federal Government.…
