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 …

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, …

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 …

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 …

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. …

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 …

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 …

The Federal Competition and Consumer Protection Commission (FCCPC) has said that it has opened an investigation into alleged healthcare neglect by Maitama District Hospital, Abuja, which led to the death of Ms. Greatness Olorunfemi. In a statement on Saturday, the commission’s Executive Vice Chairman, Mr. Babatunde Irukera said the investigation was to find out if Olorunfemi’s death was on account …

The number of delisted loan apps rose from nine to 37, according to the Federal Competition and Consumer Protection Commission’s (FCCPC) new report. The number of fully approved loan apps also grew to 164 from 154 as of its last updates obtained from its website on Monday. The number of loan apps with conditional approval declined to 38 from 40, …

The Federal Competition and Consumer Protection Commission (FCCPC) has delisted two digital money lenders (DMLs) for illegal, prohibited and unregulated activities. In a statement on the commission’s official Twitter handle on Friday, its Executive Vice Chairman, Mr Babatunde Irukera said that it had also set a deadline for all DMLs to comply with its regulations. FCCPC said the firms were …