FCCPC Unveils Rules To End Loan App Harassment, Impose ₦100m Sanctions

The Federal Competition and Consumer Protection Commission (FCCPC) has rolled out regulations to curb harassment, data breaches, and other unethical practices by digital lenders in Nigeria. This was disclosed in a statement signed by the FCCPC’s Director of Corporate Affairs, Ondaje Ijagwu, which quoted the Commission’s Executive Vice Chairman/Chief Executive Officer, Tunji Bello, as unveiling…

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‘No Growth Without Electricity’: Rewane Urges Urgent Energy Reform

Economic expert and Managing Director of Financial Derivatives Company Ltd, Bismarck Rewane, has stressed the urgent need for Nigeria to resolve its lingering power supply issues, warning that continued outages pose a significant threat to national economic growth. Speaking on Channels Television’s Business Morning on Tuesday, Rewane emphasised the impact of electricity instability on Nigeria’s…

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SEC Warns Nigerians Against Unregistered Crypto Platform CMTrading

The Securities and Exchange Commission (SEC) has warned the public against the cryptocurrency and commodities trading platform, CMTrading. A statement by the Commission on Saturday said the platform reportedly claims affiliation with GCMT South Africa Pty Ltd, allegedly licensed by the Financial Sector Conduct Authority (FSCA) of South Africa and the Financial Services Authority (FSA)…

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‘Cheaper Fuel At Our Doorposts’, IPMAN Welcomes Dangote’s Distribution Plan

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has welcomed the recently announced plan by the Dangote Refinery to distribute petrol and diesel free of charge to marketers across the country. Speaking today, IPMAN’s National Publicity Secretary, Chinedu Ukadike, praised billionaire businessman Aliko Dangote for seeing a problem in the sector and deciding to tackle…

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EFCC Declares Popular Business Mogul Wanted For Alleged Criminal Conspiracy

The Economic and Financial Crimes Commission (EFCC) has declared businesswoman and managing director/CEO of Felak Concept Group, Aisha Achimugu, wanted. In a post on its social media pages on Friday, the Commission said Achimugu is wanted for alleged criminal conspiracy and money laundering. The post signed by EFCC’s Head of Media and Publicity, the Commission…

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