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Cheaper cars unlikely in Nigeria despite tariff cut

  • 15th May 2026
US DOJ probes Visa over antitrust issues

Visa unveils AI-powered dispute services for banks, merchants

  • 15th May 2026

IPMAN slams NNPCL over bid to raise Dangote

  • 15th May 2026
has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations

Nigerians use 45,800 terabytes of data daily —

  • 14th May 2026

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CBN gains ₦5.63trn from OMO auctions as investors chase

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Inflation in Nigeria continues to rise, reaching an all time high almost 30% in annual terms, attributed to rising food cost and the foreign exchange crises.

Nigeria’s inflation may rise again after April’s 15.95% surge

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Business

FCCPC unveils taskforce to combat counterfeit products nationwide 

The Executive Vice Chairman and Chief Executive Officer of the Federal Competition and Consumer Protection Commission, Mr. Tunji Bello, has inaugurated the pioneer team of the Joint Market Monitoring Taskforce. The taskforce is set up to address the growing challenge of product counterfeiting across the country. This was disclosed by Bello at the inauguration of […]

Customers oppose Discos' plan to recover prepaid meters
Electricity

IBEDC must refund customers for purchasing transformers – FCCPC

The Federal Competition and Consumer Protection Commission has directed the Ibadan Electricity Distribution Company to refund consumers for expenses incurred in purchasing transformers, poles, cables, and other electrical infrastructure. The order was announced by FCCPC Chief Executive Officer and Executive Vice-Chairman, Tunji Bello, during the FCCPC Electricity Consumer Forum held in Ota, Ogun State. Represented […]

News

WhatsApp, Meta fined $220m for data discrimination 

The Nigeria Competition and Consumer Protection Tribunal has ordered WhatsApp and Meta Platforms Inc. to pay a fine of $220 million, along with $35,000 to the Federal Competition and Consumer Protection Commission, for data discrimination practices It said they have 60 days to comply with the ruling. The tribunal upheld the $220 million fine imposed […]

News

FCCPC, NCC collaborate to boost consumer protection

The Federal Competition and Consumer Protection Commission and the Nigerian Communications Commission have signed a Memorandum of Understanding to strengthen regulatory collaboration. This partnership is designed to enhance consumer protection and promote fair competition within Nigeria’s telecommunications and consumer sectors. The MoU was signed on Tuesday at the FCCPC headquarters in Abuja. The signing ceremony […]

FCCPC probes consumer complaints against GTBank, MTN, Air Peace
News

FCCPC probes consumer complaints against GTBank, MTN, Air Peace

The Federal Competition and Consumer Protection Commission has announced the launch of a comprehensive inquiry into widespread consumer complaints involving leading companies in the banking, telecommunications, and aviation sectors, including GTBank, MTN, and Air Peace. The Commission revealed this in a statement on Sunday, signed by its Director of Corporate Affairs, Ondaje Ijagwu. The investigations, […]

News

FCCPC warns of substandard, unregistered sugar products in markets

The Federal Competition and Consumer Protection Commission has issued a warning regarding the circulation of substandard and unregistered sugar products in Nigerian markets. These products, primarily smuggled from Brazil, are not fortified with Vitamin A as required by Nigerian regulations, presenting serious health risks. According to a press release issued on Wednesday. the FCCPC raised […]

News

FCCPC lament unfair pricing of imported goods by retailers 

The Federal Competition and Consumer Pricing Commission has claimed that excessive pricing of imported goods, mostly among retailers, is the primary cause of consumer goods inflation in the country. This was disclosed in a statement signed by the FCCPC’s Executive Vice Chairman/Chief Executive Officer, Tunji Bello where the commission stated its intention to engage with […]

Meta introduces message summaries to WhatsApp
News

WhatsApp, Meta challenge $220m FCCPC penalty

WhatsApp and its parent company, Meta Platforms Incorporated, have formally contested the Federal Competition and Consumer Protection Commission order imposing a $220 million fine, seeking to have the penalty overturned by the Competition and Consumer Protection Tribunal. The appeal outlines 22 reasons why the companies believe the FCCPC’s decision should be invalidated. Earlier, AMBusiness reported […]

Tunji Bello takes over as FCCPC boss
News

Tunji Bello takes over as FCCPC boss

A former Lagos Commissioner, Mr. Tunji Bello, officially assumed the role of Chief Executive Officer and Executive Vice-Chairman of the Federal Competition and Consumer Protection Commission on Thursday. Bello’s appointment follows President Bola Tinubu’s recent decision and the Senate’s confirmation earlier this week. He succeeds Adamu Abdullahi, who had been serving in an acting capacity […]

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FCCPC to crack down on loan apps harassing customers

The Federal Competition and Consumer Protection Commission says it’s going to start blocking loan apps that are harassing their customers. Several Nigerians are complaining about the harassment that these loan sharks have caused them, according to The Punch. However, the commission’s acting chairman, Adamu Abdullahi, said the agency has begun to address the issue. ”It […]

News

Multichoice blames FX shortage for DStv, GOtv subscription hike — FCCPC

The Acting Executive Vice Chairman of the Federal Competition and Consumer Protection Commission, Dr. Adamu Abdullahi has said that Multichoice, an international Pay Television company has attributed its recent hike in the cost of Subscription for its DStv and GOtv in Nigeria to the inadequate supply of foreign exchange. This disclosure was made by Abdullahi […]

News

FCCPC summons owner of Chinese supermarket rejecting Nigerian shoppers

The Federal Competition and Consumer Protection Commission has demanded the presence of the owner of a Chinese supermarket in the Federal Capital Territory over allegations of discrimination against Nigerians. This follows the alleged discrimination against Nigerians on Sunday in a video circulating on social media. This was disclosed in a statement by the FCCPC via […]

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