The Federal Competition and Consumer Protection Commission (FCCPC) says it has recorded significant reduction in the number of consumer complaints regarding illegal digital money lending activities. Mr Babatunde Irukera, the Executive Vice Chairman of the Commission, said this via commission’s…
The Federal Competition and Consumer Protection Commission (FCCPC) has barred all financial technology companies (FinTechs) from providing payment or transaction services to online money lenders under its investigation. The identified FinTechs such as Flutterwave, Opay, Paystack and Monify were said…
The Federal Competition and Consumer Protection Commission (FCCPC) has announced that it will henceforth sanction Electricity Distribution Companies (DisCos) and other offenders who fail to comply with extant rules and regulations in the power sector. This was made known by…
The Federal Competition and Consumer Protection Commission (FCCPC) has appealed to domestic airline operators to shelve their proposed service shutdown, considering the effect on passengers, difficulties and hardship associated with the action. Mr Babatunde Irukera, the Executive Vice Chairman of…
The Federal Competition and Consumer Protection Commission (FCCPC) said it is not the responsibility of the customer or the community to purchase, replace or repair electricity transformers. The FCCPC in its official Twitter handle @fccpcnigeria on Sunday, warned Distribution Companies…
The Federal Competition and Consumer Protection Commission (FCCPC), has warned Electricity Distribution Companies (DisCos) to be mindful of their commitments to their customers and respect the rights of consumers in this period of severe electricity shortages and customer dissatisfaction. The…
The Federal Competition and Consumer Protection Commission (FCCPC) has announced that it will proceed with prosecution of NCash, LCredit and other online lending apps found guilty of breaking the law guiding the consuming market. This has come as a result…
The Federal Competition and Consumer Protection Commission (FCCPC) has called on banks to establish a service level agreement with other service providers to reduce financial technology-related challenges faced by customers. Mr. Babatunde Irukera, FCCPC Executive Vice Chairman, who made the…
The Federal Competition and Consumer Protection Commission (FCCPC), says it has frozen no fewer than 30 bank accounts operated by illegal loan organisations. Mr. Babatunde Irukera, the Executive Vice Chairman of the Commission, said this at a media engagement in…
The Federal Competition and Consumer Protection Commission (FCCPC) has revealed that it is engaging pay television company, MultiChoice Nigeria, for clarity on its recently announced increase of subscription fee across all bouquets for its DStv and GOtv services. This was…
