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UK expands work visa sponsors for Nigerians

UK unveils major visa overhaul to cut legal

  • 11th May 2025

BUA cement announces revised date for ₦2.05 dividend

  • 8th May 2025

Lagos partners BOI, Sterling Bank to boost MSMEs

  • 8th May 2025
Disney, Warner Bros to launch joint streaming bundle

Disney beats Q2 expectations with strong Disney+ subscriber

  • 7th May 2025

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BPP boss promotes procurement process enforcement

BPP orders full compliance with “Nigeria First” procurement policy

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CBN warns public against fake contracts, grants, intervention fund scams

CBN warns public against fake contracts, grants, intervention fund

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EFCC to grill Tompolo over naira abuse at birthday party

EFCC to grill Tompolo over naira abuse at birthday

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The management of Benue State University, Makurdi, has denied reports that N2 billion has gone missing from the institution's accounts

Benue State University denies alleged N2bn misappropriation

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Tag: FCCPC

News

FCCPC seals Abuja supermarket over unfair practices

The Federal Competition and Consumer Protection Commission has sealed 4U Supermarket formally known as Amigo Supermarket in Abuja over unscrupulous conduct. In the report, during the enforcement exercise by FCCPC officials in the Federal Capital Territory on Thursday, the supermarket was shut down because of unfair practices allegedly committed by its management, nairametric. FCCPC officials […]

FG's 10-man panel to investigate airlines over fare hike
News

FG’s 10-man panel to investigate airlines over fare hike

The Nigeria Civil Aviation Authority’s CEO, Chris Najomo, has appointed a 10-member committee to investigate international airlines over their exorbitant charges in an effort to lower the cost of air travel for Nigerians. The PUNCH stated that, this was revealed in a news release sent to media on Thursday and signed by NCAA Director-General Chris […]

Sacked-FCCPC boss confident employees will fight for fair markets
Business

Sacked-FCCPC boss confident employees will fight for fair markets

A recent and notable achievement was the imposing of a $110 million penalty on British American Tobacco Nigeria for violating the FCCPC Act. The former executive vice chairman of the Federal Competition and Consumer Protection Commission, Babatunde Irukera, stated that he left an outstanding staff at the agency to work for the cause of fair markets. Irukera […]

FG advocates for strict regulation of tobacco industry
News

British American Tobacco to pay Nigeria $110m over infringements – FCCPC

The Federal Government said that British American Tobacco, Nigeria Limited and its connected organizations will pay a $110 million penalty for infringements. The Federal Competition and Consumer Protection Commission announced this in a statement shared on its X page on Wednesday, following the Commission’s lengthy infringement against BAT and its associated organizations. For BAT Parties […]

Loan apps: FCCPC to address rising debt with new policy
Business featured

Loan apps: FCCPC to address rising debt with new policy

The Federal Competition and Consumer Protection Commission announced plans to create a new regulatory framework to address Nigerians’ growing reliance on digital money lenders, often known as loan apps. The Commission’s Chief Executive Officer, Mr. Babatunde Irukera, revealed this on Monday while appearing on a TVC live program. Irukera stated that debt to DMLs has become […]

Loan apps: FCCPC to address rising debt with new policy
Business

FCCPC releases list of approved loan apps in Nigeria

The Federal Competition and Consumer Protection Commission has updated its list of 154 businesses to which it has granted full permission to run loan-app businesses nationwide. The Commission removed the older list of permitted firms from publication for a “clean-up.” Still, the current list, which was just posted, is more comprehensive because it includes the apps that […]

Students' loan scheme to be launched in three weeks - Gbajabiamila
News

FCCPC orders Google to remove Swiftcash, Easynaira, other loan apps

The Federal Competition and Consumer Protection Commission has issued an order requesting that Google remove Swiftcash, Easynaira, and 16 other lending apps from the Google Play store immediately. The Limited Interim Regulatory/Registration Framework and Guidelines for Digital Lending were broken, according to the Commission, which claimed to have just learned this in a statement signed by […]

Loan apps: FCCPC to address rising debt with new policy
featured

FCCPC deletes all approved loan apps

The list of all approved loan applications, also known as Digital Money Lenders, has been removed by the Federal Competition and Consumer Protection Commission from its website. According to Nairametrics, the list, which contains the names of more than 180 loan applications that have been registered in the country, was allegedly removed for “clean-up.” The FCCPC website […]

Loan apps: FCCPC to address rising debt with new policy
News

FCCPC to crack down on trade groups over fixed prices

The Federal Competition and Consumer Protection Commission announced on Tuesday that it would soon start enforcing legislation across the country to stop trade associations from participating in price-fixing and cartel-like behaviour. The Commission claimed that this action would begin with the group of PoS agents, who recently announced an increase in transaction fees. This was revealed by the executive […]

Loan apps: FCCPC to address rising debt with new policy
News

Registered loan apps use alternative channels to harass debtors – FCCPC

The Federal Competition and Consumer Protection Commission have conducted investigations that have shown that some licensed and authorized digital money lenders, also known as loan apps, are using other ways to carry on with their illicit activities. According to the Commission, the businesses in question are Purple Credit Limited and Sycamore Integrated Solutions Limited. The […]

FG bars online banks from accessing customers’ photos, contacts
Policy and Regulations

Don’t grant debtors loan, FCCPC warns digital lenders

By Wilson Adekumola   The Federal Competition and Consumer Protection Commission has admonished digital lenders not to lend money to those who failed to back their loans, describing them as chronic borrowers.   The Executive Vice Chairman of FCCPC, Babatunde Irukera, made this disclosure while featuring on an Arise Television on Tuesday, in reaction to […]

FCCPC to shut loan apps over harassment
News

FCCPC to shut loan apps over harassment

The Federal Competition and Consumer Protection Commission has stated that it will remove any loan applications that harass users and asked Google to remove such applications from its app store. This was in response to the ongoing harassment and defamation meted out by these digital lenders to Nigerians. The FCCPC required loan applications to register […]

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