…upon. Hoarding of products should also be frowned upon. The Federal Competition and Consumer Protection Commission needs to step up to make sure that Nigerians are not taken undue advantage of. We saw how prices rose. In just one month, prices went up over ten times, citing crude oil prices. But now that prices are dro…
…assess the implications for monetary sovereignty, financial stability, market integrity, consumer protection, financial inclusion and revenue administration before any product reaches the wider market. It said the CBN would announce further details of the sandbox. Furthermore, it said the Nigeria Revenue Service will r…
…Banking while maintaining strong governance, cybersecurity, operational resilience and consumer protection. The UK sessions focused on the strategic and operational foundations of Open Banking, covering global regulatory developments, governance frameworks, application programming interface (API) security, data privacy…
…and pose risks to aviation safety across the country. The Director of Public Affairs and Consumer Protection at the NCAA, Michael Achimugu, gave the warning while speaking with journalists in Abuja on Tuesday amid ongoing efforts to amend the revenue-sharing formula in favour of the Nigerian Airspace Management Agency…
…By presenting illicit trade as a threat to economic development, government revenue, and consumer protection, the association has helped shift the conversation towards a broader national concern. Awareness, however, is only the beginning. Africa's most populous nation has held countless meetings on smuggling, counterfe…
…has welcomed President Bola Tinubu's directive to the Federal Competition and Consumer Protection Commission to investigate the activities of major global technology companies and generative artificial intelligence platforms operating in Nigeria. The organisation described the move as a significant step towards address…
…online offences and cooperation with law enforcement; the Federal Competition and Consumer Protection Act, which regulates digital marketplaces and consumer rights; and the Nigeria Startup Act, which provides incentives and regulatory support for technology startups. As digital services increasingly combine telecommuni…
…council's role as Nigeria's port economic regulator through reforms aimed at improving consumer protection, trade facilitation, digital transformation and stakeholder engagement.
…the principles of fair competition and transparency. Also, the Federal Competition and Consumer Protection Commission has consistently advocated competitive market practices, saying consumers should benefit from price reductions arising from improved supply conditions and increased competition. The latest price cut by…
…increases, maintain safe dispensing practices and promptly report supply disruptions. "Consumer protection and public communication agencies should keep the public informed, provide reporting channels, counter misinformation, and promote safe LPG handling practices. "These responsibilities assigned to stakeholders must…
…is juncture, regulatory intervention may become necessary. The Federal Competition and Consumer Protection Commission (FCCPC) provides complaint channels through which consumers can report grievances involving goods and services. According to information published by the commission, consumers who believe their rights h…