The Federal Competition and Consumer Protection Commission (FCCPC) has ordered MultiChoice Nigeria (MCN), to introduce an additional feature that allows subscribers to maintain the same subscription fee for a minimum period of one year. The additional features will also allow…
The Federal Competition and Consumer Protection Commission (FCCPC) as part of its wide-ranging orders against unlicensed and illegal online money lending banks, has directed them to stop compounding interest and loan collection practices that are presently undergoing investigations. This disclosure…
By Seth Akande The Federal Competition and Consumer Protection Commission (FCCPC), is set to establish efficient regulatory structures for online lenders operators in Nigeria. Recall that a court order was given to Federal Competition and Consumer Protection (FCCPC) to pause…
The Federal Competition and Consumer Protection Commission (FCCPC) on Friday condemned the exploitation of Nigerians by unlicensed online money lenders in the country. The Executive Vice Chairman and Chief Executive Officer (CEO) of the commission, Mr Babtunde Irukera, spoke at…
The Federal Competition and Consumer Protection Commission (FCCPC), has ordered airline operators to immediately discontinue the current implementation of airfare increase pending the outcome of the its investigation. The Executive Vice Chairman of FCCPC, Mr. Babatunde Irukera, said this in…
By Seun Ibiyemi The Federal Competition and Consumer Protection Commission (FCCPC) and the Nigerian Civil Aviation Authority (NCAA) have set up a joint technical committee to address consumer-related issues in the aviation industry. The Executive Vice Chairman of FCCPC, Mr…
The Federal Competition and Consumer Protection Commission (FCCPC) and other African competition authorities have committed to the enforcement of competition laws to ensure adequate consumers’ protection. A statement jointly signed by the heads of the authorities and released by the…
Nigerian Electricity Regulatory Agency (NERC), has signed Memorandum of Understanding (MoU) with Federal Competition Consumer and Protection Commission (FCCPC) to improve complaint resolutions in the power sector. Nigerian NewsDirect learnt this during the MoU signing ceremony held in NERC’s office, Abuja…
The Federal Competition and Consumer Protection Commission (FCCPC) has said that the joint committee that was set up by the Federal Government to tackle violation of consumer rights and unfair practices in the money lending industry will shut down illegal…
The Central Bank of Nigeria (CBN), the Federal Competition and Consumer Protection Commission (FCCPC), and the Economic Financial Crimes Commission (EFCC) have commenced rights violation investigation into the money lending industry. A document signed by Mr Babatunde Irukera, the Chief…
