FCCPC
FCCPC asks MultiChoice to halt subscription price hike pending probe
The Federal Competition and Consumer Protection Commission (FCCPC) has directed MultiChoice Nigeria to maintain its current subscription prices until the ongoing investigation into its proposed price hike is concluded.MultiChoice officially announced an increase in the price of subscriptions for its DStv and GOtv packages on February 24. The development came nearly one year after MultiChoice […]
Nigeria fines Meta $220m for violating consumer, data laws
Nigeria’s Federal Competition and Consumer Protection Commission on Friday imposed a $220m fine on Meta platforms for violating data privacy laws. The FCCPC said in a statement obtained by Saturday PUNCH that Meta’s data-sharing practices on its Facebook and WhatsApp platforms breached local consumer and data protection regulations. The commission, in a statement signed by […]
Just In: FCCPC imposes $220,000,000 penalty on Meta platforms over ‘discriminatory practices’ in Nigeria
The Federal Competition and Consumer Protection Commission(FCCPC) has imposed a $220,000,000 penalty against Meta Platforms Incorporated over alleged discriminatory practices against Nigerian data and consumers. This was disclosed on Friday in a statement signed by Dr. Adamu Abdullahi, Acting Chief Executive Officer, FCCPC. The penalty follows a joint investigation by the Commission, and the Nigeria […]
Tinubu Appoints Tunji Bello FCCPC Boss
President Bola Tinubu has appointed Olatunji Bello as the new Chief Executive Officer and Executive Vice-Chairman of the Federal Competition and Consumer Protection Commission, pending Senate confirmation. Mr. Bello, a renowned journalist, previously served as the Chairman of the Editorial Board at THISDAY Newspapers, beginning in 2001. He is also a recipient of the US […]
FCCPC enforces price regulations in Nasarawa markets
The Federal Competition and Consumer Protection Commission (FCCPC) intensified its campaign against price irregularities in local markets by conducting a monitoring exercise at Masaka market in Nasarawa State on Friday. This move is part of the commission’s broader efforts to ensure compliance with pricing, quantity, and quality standards for sellers of consumable goods nationwide. Recently, […]
FCCPC Seals 4U Supermarket in Abuja
The Federal Competition and Consumer Protection Commission (FCCPC) conducted a thorough inspection and subsequent sealing off of the foreign supermarket 4 U, located in Wuse 2, Abuja. This action was taken due to the supermarket’s engagement in objectionable practices, including concealing information and selling substandard bags of rice. Acting on reports and complaints from consumers, […]