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Home Tag Archives: FCCPC (page 2)

Tag Archives: FCCPC

Technology

Meta’ll appeal $220m fine by FCCPC, says WhatsApp

By Breezynews
21 July 2024
in :  Technology
0
69

WhatsApp has said its parent body, Meta, will be appealing the $220 million fine imposed by the Federal Competition and Consumer Protection Commission (FCCPC) regarding its violation of Nigeria’s data privacy laws. The organisation, WhatsApp, said this in a statement on Saturday in Lagos. It said: “We disagree with the decision today as well as the fine and Meta will …

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Technology

Nigeria slaps Meta with $220m fine for data, consumer law violations

By Breezynews
20 July 2024
in :  Technology
0
568

Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) on Friday imposed a $220 million fine on Meta platforms for violating data privacy laws. The FCCPC said in a statement that Meta’s data-sharing practices on its Facebook and WhatsApp platforms breached local consumer and data protection regulations. In a statement by its acting Executive Chairman, Adamu Abdullahi, the commission said that …

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News

Tinubu names Tunji Bello CEO consumer protection agency

By Breezynews
24 June 2024
in :  News
0
336

A former Secretary to Lagos State Government, Mr. Olatunji Bello has been appointed Chief Executive Officer/Executive Vice-Chairman of the Federal Competition and Consumer Protection Commission (FCCPC), pending confirmation by the Senate. Upon confirmation, Bello, who was also Lagos State Commissioner for the Environment, will replace Mr. Babatunde Irukera. The Senior Advocate of Nigeria was relieved of his appointment in January. …

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Opinion

Wanted: A Ministry of MultiChoice and Government Palliatives

By Ikem Okuhu
30 April 2024
in :  Opinion
0
83

It appears that the federal government is about to upend the Nigerian free market following the ex-parte injunction of a Competition and Consumer Protection Tribunal (CCPT) barring pay TV services provider, MultiChoice from increasing the prices of its bouquet of services. While the ex parte ruling on the matter initiated by a certain Festus Onifade might not be judgement, the ruling …

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News

Chinese supermarket sells products in Yen, says commission

By Breezynews
28 April 2024
in :  News
0
260

The Federal Competition and Consumer Protection Commission (FCCPC) has said that an Abuja-based Chinese supermarket labelled all its products in Yen, the Chinese currency, which is against the law in Nigeria and constitutes a violation of Nigerian law. The commission added that it is still considering appropriate sanctions to be meted out against the owner of the supermarket, Liu Bei, …

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News

FCCPC enforces prices in Abuja supermarkets

By Breezynews
18 April 2024
in :  News
0
97

The Federal Competition and Consumer Protection Commission (FCCPC) has initiated a campaign to enforce price display and quantity compliance at supermarkets throughout Abuja. The Commission started this at 4U Supermarket, Wuse 2 Abuja on Thursday. This move is a direct response to concerns raised by consumers about the rising costs of goods, which go against the recent strengthening of the …

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Business

FCCPC reopens Abuja store sealed over unethical pricing

By Breezynews
17 February 2024
in :  Business
0
73

The Federal Competition and Consumer Protection Commission (FCCPC) has reopened Sahad Stores, a popular supermarket in the Garki area of Abuja, which was sealed on Friday for violations involving misleading pricing and lack of transparency. FCCPC’s acting Executive Vice Chairman/Chief Executive Officer, Dr. Adamu Abdullahi, who led the enforcement team on Friday, said that the commission’s preliminary investigation revealed that the …

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News

FCCPC launches campaign to combat rise in youth tobacco use

By Breezynews
30 January 2024
in :  News
0
68

In a resolute effort to safeguard the health and future of Nigeria’s youth, the Federal Competition and Consumer Protection Commission (FCCPC), on Tuesday, inaugurated the ‘Don’t Burn Their Future’ campaign. This comprehensive initiative addresses the alarming rise in young and underage access to tobacco products and aims to curb the detrimental impact on society. FCCPC’s Acting Executive Vice Chairman, Dr. …

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Profile

Tunde Irukera: Recognition for selflessness, innovation

By Tunde Olusunle
13 December 2023
in :  Profile
0
91

He was painstakingly unearthed and hoisted to the upper rungs of the nation’s public office in 2017. He was not one of the usual suspects, those ever-grovelling political careerists routinely recirculated and recycled in the scheme, with the advent of each and every political dispensation. Ours, sadly, is a country which perennially undermines its goldmine of human resources, always ever …

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Banking & Finance

Authorised digital money lenders reach 211 – FCCPC

By Breezynews
7 November 2023
in :  Banking & Finance
0
43

The number of digital lenders licensed to operate in Nigeria has risen to 211 based on new data from the Federal Competition and Consumer Protection Commission (FCCPC). Of the 211 digital lenders, 172 have full approval, while 39 have conditional approvals. This is a slight increase from the 204 licensed digital lenders as of September. The FCCPC, under its ‘Limited …

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