Veritas Kapital Assurance Plc has announced the election of Mr. Babatunde Irukera, former Executive Vice-Chairman of the Federal Competition and Consumer Protection Commission (FCCPC), as the new Chairman of its …
FCCPC
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BusinessCorporate GovernanceEconomyInsuranceLeadership
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BusinessEconomyEnergyINVESTMENTNigeriaOil & Gas
Aradel Holdings to Acquire Additional 40% Stake in ND Western Limited
Aradel Holdings Plc has announced that its wholly owned subsidiary, Aradel Energy Limited, has entered into a definitive agreement to acquire a 40 per cent equity interest in ND Western …
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Consumer ProtectionDigital EconomyEconomyFintechRegulationTelecommunications
Coalition Urges Telecom Firms to Comply with FCCPC’s Digital Lending Regulations
The Coalition for Economic Fairness (CEF), a network of civil society organisations, has called on telecommunications companies and their foreign partners to fully comply with the Federal Competition and Consumer …
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BankingConsumer ProtectionEconomyFinanceGovernanceNational AssemblyRegulation
Reps to Probe Arbitrary Bank Charges as Nigerians Decry Unexplained Deductions
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 …
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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. …
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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 …
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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 …
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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 …
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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 …
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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 …