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 …

The Federal Government has announced the date to recommence Digital Money Lenders’ registration in Nigeria. The Executive Vice Chairman of the Federal Competition and Consumer Protection Commission, Babatunde Irukera, disclosed on Friday noted that the development is coming following the inability or failure of some firms to comply with the previous. Recall that the Commission had, on 14 November 2022, ordered …

Operators in the manufacturing, power, and digital industries may face harsher rules in this year for the benefit of consumers. According to the Vice Chairman/CEO of the Federal Competition and Consumer Protection Commission FCCPC), Mr Babatunde Irukera, there would also be increased collaboration, particularly with the National Agency for Food and Drug Administration and Control, the Standards Organisation of Nigeria, …

Two government regulatory agencies have confirmed participation at the maiden edition of the Consumers Value Award scheduled to hold on 24 August at the Radisson Blu Hotel Ikeja, Lagos. These are the Federal Competition and Consumers Protection Council (FCCPC) and the Advertising Regulatory Council of Nigeria (ARCON). The Managing Director and Co-founder of Consumers Value Broadcasting, Akonte Ekine said the …

MultiChoice Nigeria (well known as DStv) will now have to introduce an additional feature that allows subscribers to increase the number of times they could suspend their subscription.   This follows an order of the Federal Competition and Consumer Protection Commission (FCCPC), which warned that failure to comply ‘would attract a fine of N5 million under the FCCPC Administrative Penalties …

The debate on the appropriate pricing for air flight within Nigeria has again generated concern following the recent hike in fares by indigenous airlines. From between N23,300 and N48,000, many domestic airlines raise their fare to N50,000, arguing that a price below $100 (about N50,000) for one-way trip within the country is a loss for the carriers. Officially, the US dollar …