The Federal Competition and Consumer Protection Commission (FCCPC) has approved the operations of 94 companies as digital money lenders in Nigeria. However, only 49 of the digital lenders were given full approval, while the remaining 45 got conditional approval. The…
The Federal Competition and Consumer Protection Commission (FCCPC) has promised to apply stricter regulations and control on players in the power sector, manufacturing sector, and digital space, in the interest of the consumers in 2023. This was made known by…
Several cigarette and snuff sellers have opined that manufacturers of tobacco products should be liable for increasing health risks associated with the consumption of their products. They stopped short of calling for a ban on the sales or manufacturing of…
The Federal Road Safety Corps (FRSC) has warned fleet operators against contravening road transport safety standard. The FRSC Acting Corps Marshal, Dauda Biu, who gave the warning at the opening of the 2022 Annual Safety Managers Retreat on Thursday in…
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…
