Tag
FCCPC
Amidst ongoing investigations into Erisco Food’s arrest of its Nigerian customer, the company may find itself facing legal action as the FCCPC steps in.
Babatunde Irukera, CEO of the Federal Competition and Consumer Protection Commission (FCCPC), confirmed on Tuesday that Chioma Egodi has been released following her arrest at the behest of Eriscofoods.
The Federal Competition and Consumer Protection Commission (FCCPC) has intervened in the case of a Nigerian lady arrested by the Police for posting a negative review about an Erisco Foods product on Facebook.
The number of companies with full approval to operate as digital money lenders, otherwise known as loan apps, in Nigeria has increased to 161.
FCCPC says its investigations into the PoS operators' service charge price increase is not a "collaborative or coordinated approach."
The FCCPC has released a fresh list of 154 companies it has given full approval to operate loan apps in the country.
The Lagos State Government has said that the installer of the elevator which crashed and led to the death of a medical doctor, Dr. Vwaere Diaso, has been handed over to the police for questioning.
The Federal Competition and Consumer Protection Commission (FCCPC) said it has issued an order asking Google to immediately delete Swiftcash, Easynaira, and 16 other loan apps from the Play store.
FCCPC has deleted the list of all approved loan apps, otherwise known as Digital Money Lenders from its website.
The Federal Competition and Consumer Protection Commission (FCCPC) has said that it is not against individual PoS operators increasing their prices as they deem fit to make a profit from the business.
Sycamore Integrated Solutions Limited, one of the registered digital money lenders alleged to be engaging in illegal practice through another app by the Federal Competition and Consumer Protection Commission (FCCPC), has described the Commission’s claim as untrue.
FCCPC said its investigations have revealed some of the registered and approved digital money lenders (DMLs), popularly known as loan apps, that are using the backdoor to continue their illegal practices.