Harmful to us’ – Domestic airlines slam FCCPC over price fixing claims
The Airline Operators of Nigeria has strongly criticised the Federal Competition and Consumer Protection Commission over allegations of ticket price fixing. The FCCPC had claimed that some domestic airlines manipulated fares during the 2025 Yuletide season. AON Chairman, Obiorah Okonkwo, described the report as harmful and based on a poor understanding of airline economics. He […]
Nigerian Aviation Minister Keyamo Criticizes FCCPC for Remarks Against Air Peace
The Nigerian Aviation Minister, Festus Keyamo, has spoken out against the Federal Competition and Consumer Protection Commission (FCCPC) over its comments about Air Peace. The FCCPC is investigating the airline for allegedly charging high, exploitative airfares. However, Keyamo labeled the FCCPC’s statements as “careless and reckless” during a recent interview on Arise Television. Keyamo pointed […]
FG Launches Investigation Into Complaints Against GTBank, MTN, and Air Peace
The Federal Competition and Consumer Protection Commission (FCCPC) is launching an investigation into major companies in Nigeria, including Guaranty Trust Bank (GTB), MTN Nigeria, and Air Peace Limited, due to numerous consumer complaints. This investigation will begin on December 3, 2024, and will address issues related to poor services and unfair business practices. Companies Under […]
WhatsApp’s Exit Threat is a Strategy to Influence Public Opinion, Says FCCPC
In recent developments, the Federal Competition and Consumer Protection Commission (FCCPC) has asserted that WhatsApp’s threat to exit Nigeria is a strategic maneuver aimed at influencing public sentiment and pressuring the regulatory body to reconsider its stance. This statement follows the FCCPC’s imposition of a hefty $220 million fine on Meta, the parent company of […]
Nigerian Government Fines Meta $220 Million for Data Privacy Breaches
The Nigerian government has imposed a hefty $220 million fine on Meta Platforms Inc., the parent company of WhatsApp, Facebook, and Instagram, for violating data privacy regulations. This significant action by the Federal Competition and Consumer Protection Commission (FCCPC) was announced on Friday, July 19. Violations and Consequences According to Adamu Abdullahi, the Acting Chief […]
President Tinubu Appoints Olatunji Bello as FCCPC CEO
President Tinubu has chosen Olatunji Bello to be the new CEO and Executive Vice-Chairman of the Federal Competition and Consumer Protection Commission (FCCPC), pending Senate approval. Ajuri Ngelale, the President’s Special Adviser on Media and Publicity, announced that Bello, an experienced lawyer and journalist, will bring extensive expertise to the position.The statement also mentioned that […]
Many Supermarkets Involved in Misleading Practices – FCCPC Acting EVC, Abdullahi
The acting Executive Vice Chairman and CEO of the Federal Competition and Consumer Protection Commission (FCCPC), Adamu Abdullah, discussed the rising costs of goods and services, issues with MultiChoice Nigeria’s tariff hike, and other pressing concerns in an exclusive interview Sunday. “Due to government policies, the prices of goods have surged, making it difficult for […]