The House of Representatives has resolved to investigate what it described as the arbitrary, excessive, and unexplained charges imposed on customers by commercial banks across Nigeria. The lawmakers made this …
FCCPC
-
BankingConsumer ProtectionEconomyFinanceGovernanceNational AssemblyRegulation
-
EconomyFinanceGOVERNMENTRegulationTechnology
Banking and Fintech Complaints Top Consumer Grievances in Nigeria, Says FCCPC
The Federal Competition and Consumer Protection Commission (FCCPC) has disclosed that banking and financial technology services generated the highest number of consumer complaints in Nigeria between March and August 2025. …
-
BusinessEconomyEntertainmentTechnology
MultiChoice slashes DStv Decoder Price by 50% After Losing 1.4 Million Subscribers
Pay-TV operator, MultiChoice Nigeria, has announced a 50 percent reduction in the price of its basic DStv decoder, bringing the cost down from ₦20,000 to ₦10,000. The move comes as …
-
Banking, Finance & InvestmentFinance & ServicesNigeria
Parallex Bank Rewards 925 Customers in Grand Finale of ‘Save and Win’ Promo
Parallex Bank has ended the first season of its ‘Save and Win’ savings promo with a grand finale in Lagos, where a total of 925 customers were rewarded with different …
-
AviationNewsNigeriaTransportation & Logisitics
FCCPC Summons Air Peace Over Passenger Refund Complaints
The Federal Competition and Consumer Protection Commission (FCCPC) has summoned the management of Air Peace Limited over complaints from many Nigerian passengers who say they did not get back their …
-
Business InsightsEconomyInfrastructure
FCCPC Orders IBEDC to Refund Consumers for Transformers, Poles, and Cables
The Federal Competition and Consumer Protection Commission (FCCPC) has directed the Ibadan Electricity Distribution Company (IBEDC) to begin refunding consumers who have paid for transformers, poles, cables, and other network …
-
AfricaAFRICA NEWSBusinessNewsNigeriaWestern Africa
FCCPC bars Flutterwave, Opay, and others from providing services to loan sharks
The Federal Competition and Consumer Protection Commission (FCCPC), has barred all financial technology companies (Fintechs) to stop providing payment or transaction services to digital money lenders under its investigation. Some of …