FCCPC – Page 2 of 3 – Prime Business Africa

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

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 determination to take decisive action against businesses involved in price

April 14, 2024

Business·News

FCCPC Reopens Supermarket Sealed Over Misleading Pricing

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 the store was sealed for deceptive pricing strategies. Adamu Ahmed

February 17, 2024

Business·News·Top Stories

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

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 comes in the wake of Nigerian Electricity Regulatory Commission (NERC)

February 13, 2024

News

Tinubu Fires FCCPC, BPE CEOs

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 effect. This was confirmed in a statement signed by the

January 8, 2024

News

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

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.

December 29, 2023

Business·News

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

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 Protection Act, National Tobacco Control Act and sundry legal instruments.

December 28, 2023

Business·News

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

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 known as loan apps, has led to an increase in

December 26, 2023

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·Power

FCCPC Finds Electricity DisCos Oppressive To Nigerians Despite Huge Earnings

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 dealings with electricity consumers in the country.

October 17, 2023

Business

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

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 on Wednesday, which also disclosed that Eaglecash, Cashme, Luckyloan and Moneytreefinance

August 2, 2023

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

Business

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

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 said the list is being reviewed “The list is undergoing

August 1, 2023

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FCCPC - Page 2

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

FCCPC Reopens Supermarket Sealed Over Misleading Pricing

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

Tinubu Fires FCCPC, BPE CEOs

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

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

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

FCCPC Finds Electricity DisCos Oppressive To Nigerians Despite Huge Earnings

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

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

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