President Bola Tinubu has nominated Louis Odion as Executive Commissioner, Operations, and Ummasalma Rabiu as Executive Commissioner (Corporate Services) of the Federal Competition and Consumer Protection Commission (FCCPC) The Presidential Spokesperson, Mr Bayo Onanuga, announced the appointment in a statement issued on Wednesday in Abuja. Onanuga noted that the nominations …
Read More »Tag Archives: Federal Competition and Consumer Protection Commission
FG Reacts To KFC For Discriminating Against Ex-gov’s Son
THE Federal Government has condemned an international fast food restaurant chain, KFC, over its discriminatory treatment of an individual with reduced mobility, Debola Daniel, at the Murtala Muhammed International Airport, Lagos State. In a post via its verified X handle on Thursday signed by its Acting Executive Vice Chairman, Dr …
Read More »Consumer Protection: FCCPC To Ensure Service Providers Adhere To Laws
THE Federal Competition and Consumer Protection Commission (FCCPC) says it will ensure service providers comply to its laws for transparency and effective consumer protection. Dr Adamu Abdullahi, the Acting Executive Vice Chairman of FCCPC, said this in a statement in Abuja on Wednesday. Abdullahi reiterated that compliance with the law, …
Read More »FCCPC Fines British American Tobacco $110m For Violating Control Laws
BRITISH American Tobacco and its affiliate companies have been fined $110 million by the Federal Competition and Consumer Protection Commission. Newsextra24 reports that the commission announced on its X page on Wednesday that the fine was for violating the National Tobacco Control Act, the Federal Competition and Consumer Protection Act, and …
Read More »FG To Commence New Regulation For Digital Money Lenders In 2024
THE Federal Government has announced that it will implement a new regulatory framework for digital money lenders, DMLs, known as loan apps. The Chief Executive Officer of the Federal Competition and Consumer Protection Commission, FCCPC, Mr Babatunde Irukera, disclosed this in an interview with TVC on Monday. He said the …
Read More »FG Orders Google, Apple To Deactivate ‘Illegal’ Online Banks, Loan Apps
The Federal Competition and Consumer Protection Commission has ordered Google LLC (Play Store) and Apple Inc. (Apple Store) to deactivate unathorised online banks and loan applications. The Federal Government agency asked Google and Apple to delete the applications where evidence has established inappropriate conduct or use of the application in …
Read More »