Tag: #ConsumerProtection
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FCCPC APPLAUDS CBN DRAFT GUIDELINES FOR QUICK ATM FAILED TRANSACTION REFUNDS
The Federal Competition and Consumer Protection Commission (FCCPC) has warmly welcomed the Central Bank of Nigeria’s (CBN) draft guidelines that require banks to refund customers for failed ATM transactions within 48 hours. FCCPC’s Director of Corporate Affairs, Ondaje Ijagwu, revealed this in a statement following a recent Consumer Complaints Data Report. FCCPC’s Executive Vice Chairman,…
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FCCPC WITHDRAWS CRIMINAL CHARGES AGAINST MULTICHOICE NIGERIA AFTER SETTLEMENT
Legal battle ends as MultiChoice and FCCPC resolve differences out of court. The Federal Competition and Consumer Protection Commission (FCCPC) withdrew criminal charges against MultiChoice Nigeria Limited and its top executives, including Chairman Adewunmi Ogunsanya and CEO John Ugbe, following an out-of-court settlement. The charges involved allegations of failing to comply with lawful summons and…
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FEDERAL HIGH COURT STRIKES OUT FCCPC’S CRIMINAL CASE AGAINST QATAR AIRWAYS CEO
Case halted as FCCPC fails to properly serve court documents to defendants. The Federal High Court in Abuja dismissed the criminal charges filed by the Federal Competition and Consumer Protection Commission (FCCPC) against Qatar Airways CEO Temi Birdzell and three top officials. The case was struck out by Justice James Omotosho due to FCCPC’s inability…
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EXPERT OFFERS WAYS TO SPOT CREDIBLE ONLINE BUSINESSES AND CURB FRAUD
Transparency, verification, and innovation are keys to safe digital trade. UK-based tech expert Christiana Celestine advises consumers to look for transparency, verified vendors, buyer protection, and visible reviews to avoid online fraud. She urges Nigerian businesses to adopt escrow payments, multimedia proofs, and responsive customer service to build trust and boost global reputation. Celestine calls…
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KWARA ASSEMBLY SOUNDS ALARM ON DANGEROUS SKIN PRODUCTS, CALLS FOR TOUGHER REGULATION
Unregulated cosmetics threaten public health—Kwara lawmakers demand urgent action and stricter oversight. Kwara State House of Assembly raised concerns over harmful cosmetics containing mercury and steroids widely sold without approval, warning of serious health risks. Speaker Yakubu Danladi urged NAFDAC and SON to step up monitoring, while lawmakers condemned social media influencers for promoting unsafe…
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NBMA VOWS STRICT REGULATION ON GMOs, WARNS OF SANCTIONS FOR VIOLATORS
Nigeria’s biosafety agency assures rigorous science-based checks to protect people and environment from unauthorized GMOs. The National Biosafety Management Agency (NBMA) reaffirmed its strict approval process for GMOs, requiring detailed scientific risk assessments and public review before approval. NBMA warns violators will face sanctions including seizure and destruction of unauthorized GMOs. The agency highlights its…
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NIIRA 2025 TO TRANSFORM NIGERIAN INSURANCE, SAYS NSIA CEO
New Insurance Reform Act set to boost trust, efficiency, and investment in Nigeria’s insurance sector. Moruf Apampa, CEO of NSIA Insurance, hails the Nigerian Insurance Industry Reform Act (NIIRA 2025) as a game-changer that strengthens consumer protection with a Policyholder Protection Fund and enforces timely claims settlement. The law aims to attract investments and drive…
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NAFDAC SEIZES OVER 10,000 CARTONS OF UNREGISTERED TOMATO PASTE AND COSMETICS IN LAGOS RAID
NAFDAC’s Investigation and Enforcement team has confiscated 10,000+ cartons of unregistered tomato paste and various cosmetics at Lagos Trade Fair Market, aiming to protect Nigerians from harmful, unregulated products. Dr. Martins Iluyomade stressed that these items pose serious health risks, with deaths from substandard goods surpassing even those caused by Boko Haram. The agency is…
