Browse Tag

FCCPC

FCCPC Orders Withdrawal of Consumer Goods With Non-Compliant Labels

August 19, 2026

The Federal Competition and Consumer Protection Commission (FCCPC) has directed manufacturers, importers, distributors and retailers to withdraw from sale consumer goods that do not comply with mandatory product-labelling requirements, Prime Business Africa

Finance & Economy·News·Oil & Gas·Top Stories

FG, Dangote Refinery, Marketers Meet to Drive Down Petrol Prices

July 6, 2026

The Federal Government on Monday convened a high-level stakeholders’ meeting with Dangote Refinery, regulators and major petroleum marketers as part of efforts to ensure Nigerians benefit from lower pump prices for Premium

News·Top Stories

Tinubu Orders FCCPC to Probe Meta, Google, X, AI Platforms Over Alleged Exploitation of Nigerian News Content

July 6, 2026

President Bola Tinubu has directed the Federal Competition and Consumer Protection Commission (FCCPC) to investigate global technology companies, including Meta, Alphabet’s Google, X and certain generative artificial intelligence platforms over alleged anti-competitive

News·Oil & Gas·Top Stories

FCCPC Warns Fuel Marketers Over Unfair Pricing as Petrol Holds at ₦1,200 Nationwide

June 28, 2026

The Federal Competition and Consumer Protection Commission (FCCPC) has cautioned petroleum marketers against unfair pricing practices, warning that it will sanction operators found engaging in profiteering amid shifting dynamics in the downstream

Health·News·Top Stories

Court Affirms FCCPC’s Powers to Probe Medical Negligence Complaints

April 29, 2026

A landmark judgment by the Abuja Division of the Federal High Court has affirmed the authority of the Federal Competition and Consumer Protection Commission (FCCPC) to investigate complaints of medical negligence brought

News·Top Stories

Court Affirms FCCPC Oversight of Banks, Dismisses UBA Suit, Imposes N2m Fine

April 23, 2026

A Federal High Court in Abuja has affirmed the authority of the Federal Competition and Consumer Protection Commission (FCCPC) to investigate consumer complaints involving banks and other financial institutions, dismissing a suit

FCCPC Clarifies One-Month Moratorium On Exploitative Pricing Amid Economic Challenges

Business News·News·Nigeria·Top Stories

FCCPC Flags Possible Airline Price-Fixing During 2025 Christmas Season

February 26, 2026

Nigeria’s consumer protection agency has uncovered evidence suggesting some domestic airlines may have engaged in price fixing during the 2025 Christmas travel rush. In an interim report released Thursday, the Federal Competition

News·Top Stories

FCCPC Unseals Ikeja Electric Headquarters After Compliance Undertaking

December 20, 2025

The Federal Competition and Consumer Protection Commission (FCCPC) has unsealed the headquarters of Ikeja Electric Plc following a binding undertaking by the electricity distribution company to address outstanding consumer complaints and comply

News·Top Stories·Transport

Exploitative Air Fares: FCCPC Expands Investigation into Airline Ticket Pricing

December 13, 2025

The Federal Competition and Consumer Protection Commission (FCCPC) has expanded the scope of its ongoing investigation into airline ticket pricing on select domestic routes, following mounting public complaints over sharp fare increases

News·Nigeria·Power·Top Stories

FCCPC Shuts Down Ikeja Electric Headquarters Over Prolonged Consumer Rights Violations

December 11, 2025

The Federal Competition and Consumer Protection Commission (FCCPC) on Thursday sealed the headquarters of Ikeja Electric (IE) over what it described as persistent violations of consumer rights and the company’s refusal to

Business News·News

FCCPC Cracks Down on Rogue Loan Apps with Landmark Regulations, ₦100m Penalties

September 4, 2025

The Federal Competition and Consumer Protection Commission (FCCPC) has launched a sweeping crackdown on rogue loan apps, unveiling landmark regulations that carry penalties of up to ₦100 million or 1% of turnover,

Business News·News

Leaving Nigeria Doesn’t Absolve Meta Of Liability, FCCPC Insists

May 4, 2025

The Federal Competition and Consumer Protection Council (FCCPC) has stated that the claim by Meta’s WhatsApp that it is being forced to exit Nigeria because of a recent order to pay a

FEATURES

What Court Ruling Against FCCPC Means For Pay-TV Subscribers In Nigeria

March 15, 2025

There are concerns that the recent court ruling against the Federal Competition and Consumer Protection Commission (FCCPC) in Nigeria could have significant implications for pay-TV subscribers and the agency’s authority to regulate

News

FCCPC Orders MultiChoice To Maintain Current Prices Pending Investigation

February 28, 2025

MultiChoice Nigeria, the operator of DStv and GOtv, has been ordered by the Federal Competition and Consumer Protection Commission (FCCPC) to retain its present subscription rates until the investigation into the company’s

News

We’re Not Investigating Air Peace – FCCPC

December 5, 2024

The Federal Competition and Consumer Protection Commission (FCCPC), said Air Peace was only invited for an inquiry to understand its pricing system and address consumers’ concerns complaints. FCCPC Director, Surveillance and Investigation,

Nigerian Economy: A Titanic Drifting Off Course Amid Policy Missteps

Business News·FEATURES·News

Is Price Control The Solution Or A New Problem For Nigeria’s Economic Crisis?

September 15, 2024

A New Economic Crisis or Relief? Nigerians are facing an ever-worsening cost-of-living crisis. From skyrocketing fuel prices to soaring food costs, the struggle to make ends meet has intensified in recent months.

Cement Prices: House Of Reps Members’ Comments ‘Very Unfair’ To Investors - CPPE

Business News·News

FCCPC’s Mandate Is Consumer Protection, Not Price Control – CPPE

September 1, 2024

The Centre for the Promotion of Private Enterprise (CPPE) has called on the Federal Competition and Consumer Protection Commission (FCCPC) to refrain from price control, stating that the core mandate of the

Business News·News

FCCPC Clarifies One-month Moratorium On Exploitative Pricing Amid Economic Challenges

September 1, 2024

FCCPC’s One-Month Moratorium: A Call for Cooperation The Federal Competition and Consumer Protection Commission (FCCPC) has provided further clarity regarding its one-month moratorium given to traders and market stakeholders involved in exploitative

Nigerian Govt 1 month deadline On Price Reduction Sparks Controversy Among Traders, Consumers

Business News·FEATURES·News

Nigerian Govt’s 1 Month Deadline On Price Reduction Sparks Controversy Among Traders, Consumers

August 30, 2024

FCCPC’s Price Control Ultimatum Sparks Controversy Among Traders and Consumers In a move that has stirred heated debate, the Federal Competition and Consumer Protection Commission (FCCPC) has issued a one-month ultimatum to

Nigeria's Food Crisis: Corruption, Mismanagement To Blame?

Business News·News

FCCPC Intensifies Efforts To Curb Unfair Pricing In Nigerian Market Amid Naira Appreciation

April 17, 2024

The Federal Competition and Consumer Protection Commission (FCCPC) is stepping up its efforts to ensure fair pricing practices across Nigeria, aiming to shield consumers from unjust price hikes in both formal and

Business News·Finance & Economy·News

FCCPC Urges Nigerians To Report Unfair Trade Practices Amid Rising Prices Despite Falling Dollar Rates

April 14, 2024

The Federal Competition and Consumer Protection Commission (FCCPC) is calling on Nigerians to report instances of unfair trade practices amidst growing concerns over escalating prices. In a tweet, the commission emphasized its

Business News·News

FCCPC Reopens Supermarket Sealed Over Misleading Pricing

February 17, 2024

The Federal Competition and Consumer Protection Commission (FCCPC) has reinstated Sahad Stores, a popular supermarket in Abuja’s Garki area, following assurances of transparent pricing practices. The decision comes just a day after

Business News·News·Top Stories

FCCPC Urges Nigerians To Report Illegal Billing Practices By Power Distribution Companies

February 13, 2024

In a bid to ensure fair treatment for electricity consumers, the Federal Competition and Consumer Protection Commission (FCCPC) has rallied consumers to report any discrepancies in their electricity bills promptly. This call

News

Tinubu Fires FCCPC, BPE CEOs

January 8, 2024

President Bola Tinubu has sacked the heads of two government agencies namely the Federal Competition and Consumer Protection Commission (FCCPC) and Bureau of Public Enterprises (BPE). Their removal from office takes immediate

News

$110m Penalty: FCCPC CEO Reveals Abusive Conduct By British American Tobacco

December 29, 2023

CEO of the Federal Competition and Consumer Protection Council (FCCPC), said there is abusive conduct in the marketing activities of British American Tobacco Nigeria Limited, resulting in a steep $110 million fine.

Business News·News

Nigeria’s Competition Watchdog, FCCPC Fines British American Tobacco $110m Over Infringements

December 28, 2023

The Federal Competition and Consumer Protection Commission (FCCPC) has imposed a $110 million fine on British American Tobacco (BAT) and its affiliate companies over various infringements on the Federal Competition and Consumer

Business News·News

Loan Apps: 80% Reduction In Harassment, Defamation Of Lenders Spikes Default By Borrowers

December 26, 2023

The Nigerian government through the Federal Competition and Consumer Protection Commission (FCCPC) has observed that the reduction in the use of harassment and defamation of lenders by digital money lenders (DMLs), better

Nigeria’s power generation has risen to 5,313 Mega Watts (MW), first time in three years, says the Minister of Power, Bayo Adelabu.

Business News·News·Power

FCCPC Finds Electricity DisCos Oppressive To Nigerians Despite Huge Earnings

October 17, 2023

Despite raking in staggering amounts as revenues from customers over the years, it emerged on Monday that Electricity Distribution Companies (DisCos) operating in Nigeria’s electricity supply industry have been oppressive in their

Business News

Google Ordered To Delete Cashpal, Swiftkash, 16 Other Nigerian Loan Apps

August 2, 2023

Google has been directed to take down Cashpal, Swiftkash, Nairaloan, and 15 others for operating quick loans on Play Store without regulatory approval. Federal Competition and Consumer Protection Commission (FCCPC) disclosed this in a statement

FCCPC) has approved an additional 211 digital money lenders, known as loan apps, marking an increase from 161 fully approved companies in September.

Business News

FCCPC Takes Down Approved Loan Apps’ List After Probe Discovers Foul Play

August 1, 2023

The Federal Competition and Consumer Protection Commission (FCCPC) has deleted the list of Digital Money Lenders (DML) approved to offer quick loan services in Nigeria. In a statement on its website, FCCPC

Business News

New PoS Charges: PoS Operators Risk N10m Fine, Imprisonment

Point of Sale (PoS) operators risk N1 million to N10 million fine, as well as three months imprisonment should they collectively increase the price of their transactions. This was disclosed in a statement by the Executive Vice Chairman and Chief Executive Officer

July 24, 2023

Tinubu Sets Up Committee To Tackle Flood Crisis

Business News

FG To Prosecute Traders Increasing Food Prices

The Federal Competition and Consumer Protection Commission (FCCPC), an agency of the Federal Government, has warned trade associations against hiking food prices. FCCPC made the warning after the National Bureau of Statistics (NBS) reported that food inflation hit 25.25 per cent in

July 19, 2023

Business News

FCCPC To Probe Loan Apps, As Lenders Resume Customer Harassment

Loan apps in Nigeria risk another clampdown on their operations by the Federal Competition and Consumer Protection Commission (FCCPC), as they devise new ways to engage customers. Digital lending companies have been in the news lately over their harassment of debtors, a

July 10, 2023

Business News

FCCPC To Investigate, Penalise POS Agents, Says POS Service Price Increase Illegal

The Federal Competition and Consumer Protection Commission (FCCPC) has revealed that it is illegal for Point of Sale (POS) agents to jointly agree on fixing prices for their services. In a statement on Wednesday, 6 June, FCCPC’s executive vice-chairman and Chief Executive

July 6, 2023

Jigawa Residents Spent More On Petrol In June

Business News·Oil & Gas

Local Production Of Petrol Can Save Nigeria $21bn Of FX – IPMAN

As the crisis of petrol supply rages due to dependency on import, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has asserted that Nigeria can save about $21 billion of Foreign Exchange (FX) in a year if the products are refined locally.

June 2, 2023

Multichoice Hikes DSTV Subscription Fee To N21k, Cites Inflation

Business News

Multichoice, DSTV Directors Risk Jail Term, Firm Fined, Amid Price Hike Lawsuit

Directors of MultiChoice Nigeria Limited risk jail term over contempt of court, after raising subscription price for its payment cable tv packages for DSTV and GOTV against trinunal’s order. Legal practitioner, Festus Onifade, on behalf of himself and the Nigerian consumers, had

July 22, 2022

Transport·News·Oil & Gas

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