FCCPC to Clampdown on Trade Associations Over Price Fixing, Cartel Practices The Federal Competition and Consumer Protection Commission (FCCPC) says it will soon commence enforcement of laws against trade associations engaging in price fixing and cartel-like practices across the country. According to the Commission, this move...

FCCPC Says PoS Operators Risk Three Months Imprisonment over Price Fixing The Federal Competition and Consumer Protection Commission has said Point of Sale operators caught for price fixing risk three months jail term. This is as it issued a cease-and-desist order to PoS operators from conduct...

Online Harassment: FG Clampdown on Loan Apps, Delist Two  The Federal Government through the Federal Competition and Consumer Protection Commission has said it will release a list of illegal (unregistered) digital loan apps operating in Nigeria. It also said it would delist two legal (registered) loan...

TCN: Nigeria's Power Supply Improves to 92,490.1MWh The Transmission Company of Nigeria (TCN) report says Nigeria’s electricity supply on Monday increased by 7% to 92,490.1MWh, compared to Sunday's value of 86,450.66MWh. Energy generated also increased by 7% to 93.703.1MWh, from 87,600.87MWh recorded in the previous day. Nigeria's...

Digital Loan Sharks Agree To Stop Threatening, Defaming Defaulters   Digital money lenders also known as Digital loan sharks who are willing to continue operations in Nigeria must agree to certain conditions, the Federal Competition and Consumer Protection Commission (FCCPC) has disclosed. Executive Vice Chairman and Chief Executive...

"Some Lenders Seek Cooperation with Us" Says FCCPC  The Federal Competition and Consumer Protection Commission (FCCPC) says some lenders under investigation and whose accounts were frozen has approached the Commission and expressed a desire to cooperate with the agency. The executive vice president of the FCCPC,...