Tinubu Sacks BPE, FCCPC Chief Executives
President Bola Tinubu has sacked the Executive Vice Chairman and CEO of the Federal Competition and Consumer Protection Commission, Babatunde Irukera, and the Director-General/CEO of the Bureau of Public Enterprises, Mr Alexander Okoh with immediate effect.
A statement signed by...
FCCPC Slams N110bn Fine On British American Tobacco over Violation
The Federal Competition and Consumer Protection Commission (FCCPC) has slammed a $110m fine on British American Tobacco (Nigeria) as a result of its violation of the Federal Competition and Consumer Protection Act, National Tobacco Control...
FG to Issue Fresh Regulations for O-pay, Moniepoint, Others in 2024
The Federal Government through the Federal Competition and Consumer Protection Commission is set to release more regulation for the digital lending space in 2024.
These regulations are meant to improve loan recovery methods in the...
FG Delists Swiftkash, 36 Other Illegal Loan Apps
The Federal Competition and Consumer Protection Commission’s new report says the number of delisted loan apps rose from nine to 37 in 2023.
The number of fully approved loan apps also grew to 164 from 154 as of...
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...
