Tag: Nigeria Consumer News
-
Banks Answerable to FCCPC, Nigerian Court Rules; Fines UBA
Advocacy for Nigerian consumer rights in the banking sector recorded a major boost with a judgement by a Federal High Court in Abuja dismissing, in its entirety, a suit by UBA Plc seeking to contest the jurisdiction of the Federal Competition and Consumer Protection Commission (FCCPC). United Bank for Africa (UBA) is a multinational pan-African…
-
Nigeria’s Consumer Price Index Rises to 127.7 in September 2025
The National Bureau of Statistics (NBS), the Nigeria’s national agency in charge of the nation’s statistsics, has reported that its Consumer Price Index (CPI) rose to 127.7 in September 2025, reflecting a 0.9-point increase from the previous month. What is Consumer Price Index? The Consumer Price Index (CPI) measures the percentage change in prices that…
-
Nigeria’s Consumer Protection Agency, FCCPC, Withdrawals Criminal Charge Against MultiChoice
The Federal Competition and Consumer Protection Commission (FCCPC) has withdrawn the criminal charge filed against MultiChoice Nigeria Limited and its top officers. This was announced by the FCCPC’s lawyer, Daniel Amadi, while addressing Justice James Omotosho of a Federal High Court, Abuja Judicial Division, when the matter was called for arraignment of the defendants. Amadi said the…