FCCPC – Page 2 of 3 – Prime Business Africa

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

Victor Ezejaand

Admin

11 months ago

$110m Penalty: FCCPC CEO Reveals Abusive Conduct By British American Tobacco, Highlights Reduced Penalty Through Cooperation

Business·Latest 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

Victor Ezejaand

Admin

11 months ago

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·Latest 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

Victor Ezejaand

Admin

1 year ago

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

Fakoyejo Olalekan

1 year ago

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

Fakoyejo Olalekan

1 year ago

Business

New PoS Charges: PoS Operators Risk N10m Fine, Imprisonment

Point of Sale (PoS) operators risk N1 million to N10 million fine, as well as three months imprisonment should they collectively increase the price of their transactions. This was disclosed in a

Fakoyejo Olalekan

1 year ago

Tinubu Sets Up Committee To Tackle Flood Crisis

Business

FG To Prosecute Traders Increasing Food Prices

The Federal Competition and Consumer Protection Commission (FCCPC), an agency of the Federal Government, has warned trade associations against hiking food prices. FCCPC made the warning after the National Bureau of Statistics

Fakoyejo Olalekan

1 year ago

Business

FCCPC To Probe Loan Apps, As Lenders Resume Customer Harassment

Loan apps in Nigeria risk another clampdown on their operations by the Federal Competition and Consumer Protection Commission (FCCPC), as they devise new ways to engage customers. Digital lending companies have been

Fakoyejo Olalekan

1 year ago

Business

FCCPC To Investigate, Penalise POS Agents, Says POS Service Price Increase Illegal

The Federal Competition and Consumer Protection Commission (FCCPC) has revealed that it is illegal for Point of Sale (POS) agents to jointly agree on fixing prices for their services. In a statement

Fakoyejo Olalekan

1 year ago

Lagos, Anambra, Enugu Residents Lament Petrol Scarcity, Price Hike

Business·Oil & Gas

Local Production Of Petrol Can Save Nigeria $21bn Of FX – IPMAN

As the crisis of petrol supply rages due to dependency on import, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has asserted that Nigeria can save about $21 billion of Foreign Exchange

Victor Ezeja

1 year ago

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FCCPC - Page 2

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

New PoS Charges: PoS Operators Risk N10m Fine, Imprisonment

FG To Prosecute Traders Increasing Food Prices

FCCPC To Probe Loan Apps, As Lenders Resume Customer Harassment

FCCPC To Investigate, Penalise POS Agents, Says POS Service Price Increase Illegal

Local Production Of Petrol Can Save Nigeria $21bn Of FX – IPMAN

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