Search Results for "Consumer Protection"
51 results found
Nigerians who refuse to return money mistakenly paid into their accounts risk 5 to 10 years in prison - CBN warns

…also reminded bank customers of their right to report unresolved complaints to the CBN's Consumer Protection and Financial Inclusion Department if their banks fail to respond within the stipulated period.

General News by nigerianewsfeed · 3 days ago · 0 comments · 17 views
Keeping erroneous bank credit attracts 5-10 years' jail - CBN

…“As depositors, you have the right to escalate your complaint to the Director, Consumer Protection and Financial Inclusion Department, after lodging your complaint, if your bank fails to acknowledge it within three days. “In the alternative, you can issue a tracking number if the bank fails to resolve the complaint wit…

Business by nigerianewsfeed · 4 days ago · 0 comments · 14 views
EBOLA: FAAN urges calm, vigilance among airport users

…calm, vigilant and cooperative with health officials. Director of Public Affairs and Consumer Protection at FAAN, Henry Agbebire, in a statement, said the authority had maintained heightened vigilance across airport operations and would continue to coordinate with public health authorities. The statement reads: “The ea…

Travel by nigerianewsfeed · 6 days ago · 0 comments · 19 views
Find out more as NCC introduces USSD code for Nigerians to check if their phone is approved

…Legit.ng reported that the Nigerian Communications Commission (NCC) has introduced a consumer protection policy requiring telecom operators to compensate subscribers who experience poor network quality.The directive, which took effect in April 2026, requires mobile operators to provide affected customers with automatic…

Computers by nigerianewsfeed · 12 days ago · 0 comments · 22 views
See how much Nigeria's pension assets are worth in 2026

…by assets. The merger notification was published through the Federal Competition and Consumer Protection Commission (FCCPC) and remains subject to regulatory approvals, BusinessDay reports.

Business by nigerianewsfeed · 12 days ago · 0 comments · 23 views
Why FG is paying N720 billion legacy debt to GenCos

…from 2025 and 2026 continued to accumulate, according to a report by Leadership.Nigeria Consumer Protection Network President, Kunle Olubiyo, also cautioned that public funding would achieve limited results if inefficiencies and financial leakages persisted.He warned that weak oversight and inflated claims could increa…

Investment by nigerianewsfeed · 15 days ago · 0 comments · 23 views
NANS laments high transport costs, seeks relief for students

…for implementing the proposed intervention. It also urged the Federal Competition and Consumer Protection Commission to strengthen monitoring of consumer-protection and competition concerns in the downstream petroleum market, investigate credible complaints and enforce relevant laws where violations were established. N…

Education by nigerianewsfeed · 17 days ago · 0 comments · 21 views
Ondo agency gives businesses one-month deadline to register

The Ondo State Competition and Consumer Protection Agency (ODCCPA) has given businesses operating in the state a one-month grace period to complete mandatory registration. The agency, in a notice issued by its Executive Chairman, Oluyemi Fasipe, on X on Thursday, said the registration was compulsory for all businesses…

Business by nigerianewsfeed · 18 days ago · 0 comments · 18 views
Kenya Airways confirms death of passenger on Lagos-bound flight

…family," the statement added Confirming the incident, the Director of Public Affairs and Consumer Protection of the Nigeria Civil Aviation Authority (NCAA) Michael Achimugu, said that the police has taken over investigations into the circumstances surrounding the d3ath of an unnamed passenger. Achimugu, said he was bri…

General News by nigerianewsfeed · 19 days ago · 0 comments · 22 views
Breaking: Grief as Nigerian dies in Kenya Airways, details emerge

…on boardAccording to The Punch, Michael Achimugu, Director of Public Affairs and Consumer Protection at the Nigeria Civil Aviation Authority (NCAA), said he was briefed by the airline's country manager on Wednesday morning. He explained that the passenger had originally been denied entry into Madagascar by customs auth…

world-news by nigerianewsfeed · 19 days ago · 0 comments · 19 views
FCCPC reveals new AI marketing rules with N100 million fines

…stocks, investment, and the economy for over a decade.The Federal Competition and Consumer Protection Commission (FCCPC) has proposed new rules to hold businesses accountable for marketing messages and promotional claims generated by artificial intelligence (AI).Under the draft Sales Promotion Regulations, 2026, corpor…

Business by nigerianewsfeed · 22 days ago · 0 comments · 22 views
Ondo agency warns against illegal levies

The Ondo State Competition and Consumer Protection Agency (ODCCPA) has warned non-governmental organisations allegedly impersonating officials of the Federal Competition and Consumer Protection Commission (FCCPC) against extorting traders and sealing business premises across the state. The Executive Chairman of the age…

General News by nigerianewsfeed · 24 days ago · 0 comments · 23 views
Insurance commissioner hailed over NIIRA 2025 implementation

…provisions covering capital adequacy, risk-based supervision, corporate governance, consumer protection and regulatory enforcement."NIIRA provides a unified legal framework while giving the regulator greater capacity to respond to emerging risks," the network said.Among the early gains it cited was NAICOM's August 2026…

Business by nigerianewsfeed · 25 days ago · 0 comments · 18 views
Group laments data breaches, abuse of Nigerians' personal information

…business models and centralised control raised serious concerns about competition, consumer protection, privacy, freedom of expression and other fundamental digital rights. Abba said the business models of many mainstream social media platforms depended heavily on the collection and monetisation of users’ data. He, how…

General News by nigerianewsfeed · 26 days ago · 0 comments · 20 views
Petrol Hits ₦1,430 In Abuja As Strait Of Hormuz Crisis Worsens

…to protect the state and the people,” he said. Lakemfa urged the Federal Government and consumer protection agencies to take stronger action against arbitrary price increases. He said that changes in global oil prices should not automatically translate into equivalent increases in domestic petrol prices. He further sai…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 28 views
Okpebholo urges new Edo boards, agency to serve with integrity

…are the Edo State Muslim Pilgrims Welfare Board, Christian Pilgrims Welfare Board, Consumer Protection Committee and Edo State Rural Access Roads Agency. Speaking at the inauguration ceremony at the Government House in Benin City, Okpebholo said the appointments placed a responsibility on the appointees to serve the pe…

General News by nigerianewsfeed · 1 mon ago · 0 comments · 28 views
FAAN clears Bolt to resume operations at aiports; says it's in talks with other e-hailing rides

…complaints from passengers. A statement issued by FAAN's Director, Public Affairs and Consumer Protection, Henry Agbebire, on Thursday, August 27, noted that the dispute stemmed from nearly a decade of efforts to address safety, security and accountability concerns around commercial and e-hailing vehicles operating at…

Travel by nigerianewsfeed · 1 mon ago · 0 comments · 37 views
Meta to impose two-hour daily usage limit for kids across Facebook and Instagram as part of $17.1 billion settlement

…from California, Colorado, Kentucky and New Jersey alleging Meta violated their states' consumer protection laws. Along with the monetary payouts and new features to the platforms, the settlement calls for a third-party auditor to be appointed to monitor how the company is complying with the terms of the settlement. In…

Artificial Intelligence by nigerianewsfeed · 2 mons ago · 0 comments · 33 views
Nigeria Aviation: Group praises Najomo's safety, investment reforms

…aviation sectorCGGA said Najomo's tenure showed clear focus on safety oversight, consumer protection, and attracting aircraft investment into NigeriaThe coalition urged all aviation stakeholders to take a collaborative approach rather than trading blame over industry challengesPAY ATTENTION: Find it fast with our new s…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 30 views
Media under pressure: Battles 29 US states over alleged Facebook, Instagram harm to children

…Instagram and WhatsApp have millions of Nigerian users, making questions around consumer protection, data privacy, platform accountability and the power of large technology companies increasingly important for the country. Indeed, Nigeria has already taken regulatory action against Meta. In April 2025, the Competition…

General News by nigerianewsfeed · 2 mons ago · 0 comments · 25 views
Nigeria’s forex reserves surge to $52.5bn, highest in 17 years – CBN

…payment system, microfinance, foreign exchange operations, monetary policy, financial consumer protection and the proper use and protection of the naira.

Business by nigerianewsfeed · 2 mons ago · 0 comments · 30 views
JUST IN: Cement cheaper in Kenya, Togo than Nigeria - FCCPC probe

The Federal Competition and Consumer Protection Commission has flagged possible manipulation of cement prices in Nigeria following a three-month investigation into the rising cost of the building material despite the country’s substantial production capacity and limestone deposits. The commission said its preliminary f…

world-news by nigerianewsfeed · 2 mons ago · 0 comments · 34 views
Cement prices may be manipulated in Nigeria, FCCPC says

The Federal Competition and Consumer Protection Commission (FCCPC) has said preliminary findings from an industry-wide investigation suggest possible manipulation of cement prices in the Nigerian market. The commission said the findings were contained in 40-page field reports compiled after a three-month cross-border s…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 25 views
Find out more as APC claims Abia owes retirees over N70bn in pension

…by assets.The merger notification was published through the Federal Competition and Consumer Protection Commission (FCCPC) and remains subject to regulatory approvals.According to the FCCPC notification, the merger will be implemented through a Scheme of Merger under Section 711 of the Companies and Allied Matters Act…

General News by nigerianewsfeed · 2 mons ago · 0 comments · 27 views
These six businesses can turn pain to instant profit in Nigeria

…that more than 500 digital lending operators appear in the Federal Competition and Consumer Protection Commission’s approval database. The sector, however, faces growing regulatory scrutiny, with enforcement of digital lending rules receiving renewed attention.2. Thrift fashion businessesNigeria’s cost-of-living crisis…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 28 views
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