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…
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…
