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 …

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 …