….Zuckerberg, Mosseri expected to testify …FCCPC previously secured $220m fine against Meta, WhatsApp By Juliet Umeh Social media is facing one of its biggest legal tests as Meta Platforms, parent company of Facebook and Instagram, battles 29 US states over allegations that it deliberately designed its platforms in way…

…practices in the sector. The findings followed a cross-border study conducted by the FCCPC’s Anticompetitive Practices Department in response to widespread complaints over the high cost of cement. In a statement issued on Tuesday by the FCCPC Director of Corporate Affairs, Ondaje Ijagwu, the commission said the study c…

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…

…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 (CAMA) 2020.

Nigeria's economic recovery masks high living costs that still burden millions of households across the countryNew businesses are emerging as entrepreneurs capitalise on changing consumer habits in challenging timesSectors like digital lending and solar energy thrive by addressing immediate needs and market gapsPAY ATT…

FCCPC boss Tunji Bello warned DisCos against transferring the cost of obsolete meter replacement to consumersThe warning came during a stakeholder meeting in Abuja that brought together NERC, NEMSA, and State Electricity Regulatory CommissionsBello revealed that an earlier FCCPC intervention forced the suspension of a…

…problems before they occur, identifying risks early, resolving uncertainty... The post FCCPC intensifies effort to protect rights of consumers in electricity sector appeared first on Tribune Online.

The Federal Competition and Consumer Protection Commission (FCCPC) has said its enforcement activities are not designed to punish or unnecessarily stifle businesses but to ensure that the rights of Nigerian consumers are protected. The agency also disclosed its intention to ensure that businesses clearly display the pr…

…Speaking during a stakeholders’ engagement on Wednesday in Ikeja, organised by the FCCPC in partnership with LASCOPA, the Executive Vice Chairman of the FCCPC, Mr Tunji Bello, said that in Lagos, which is the commercial centre of Nigeria, millions of transactions take place across its markets, supermarkets, shopping ma…

…involving NMDPRA and the Federal Competition and Consumer Protection Commission (FCCPC) to track product availability, market concentration, allocation transparency and possible supply disruptions. The association urged the Federal Government to invest in critical infrastructure, including roads, railways, inland water…

…Nigerians from being trapped in unsustainable debt cycles that further entrench poverty.FCCPC updates list of approved loan appsLegit.ng earlier reported that Nigeria’s digital lending space has grown rapidly, but so have concerns over harassment, hidden charges, and data privacy violations. As the Federal Competition…

The FCCPC, working with the CBN, updated its registry of approved digital lenders, with over 170 companies now licensed to operate Nigerians who borrow from unapproved loan apps risk harassment, hidden charges, data breaches, and difficulty reporting complaints to regulatorsFairMoney, Branch, Carbon, OKash, and PalmCre…

…Court’s judgment in Lagos affirming the roles of both agencies. The court held that the FCCPC has the authority to regulate airtime and data credit services but that its powers operate alongside those of the NCC. The court affirmed the FCCPC’s powers under the Federal Competition and Consumer Protection Act 2018 while…

…Otherwise, the average Nigerian will be the one to pay through their nose. The FCCPC and the Nigerian Midstream and Downstream Petroleum Regulatory Authority have a whole lot of protection to do for Nigerians, to make sure that operators are properly checked and undue advantage is not taken of Nigerians in terms of pri…

…welcomed the assurance by the Executive Vice Chairman and Chief Executive Officer of the FCCPC, Tunji Bello, that the inquiry would be conducted independently, transparently and based on available evidence. The organisation pledged to cooperate fully with the commission by providing relevant information and evidence to…

…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 have been violated can submit complain…