Alerts/Advisories/Announcements - Federal Competition & Consumer Protection Commission

Federal Competition & Consumer Protection Commission

An official website of the Nigerian Government

Contact us

Federal Competition & Consumer
Protection Commission

About us

businesses

consumers

resources & library

media

About us

sections

businesses

sections

GUIDELINES FOR SALES PROMOTION REGISTRATION / MONITORING

‘Sales promotion’ means a marketing strategy, tool or devise, that involves presenting a range of direct or indirect benefits in exchange for exercising a choice or decision and or making a purchase of a service, goods or other products to the exclusion or in preference to another while the promotion subsists or any other relevant period within which it is reasonable to conclude that the decision made the consumer/decision maker or purchaser was or could have been motivated by the presentation.

consumers

sections

Civil Society / Consumer Protection Alliances

As a matter of operation of law, consumer protection is a vital and joint responsibility on many levels. Because it is a crucial centre-piece of business, and a primary and critical role of government, it is not uncommon that there is dual, or multiple regulation and regulators. This duplication or multiplicity is not a conflict, nor is it unintended. On the contrary, it is an overlap. Regulatory overlap is a deliberate and common design to ensure complete coverage and protection which is paramount in consumer protection.

As such, by law, several sector regulators also have statutory responsibilities to protect consumers in their sectors. Although the Federal Competition and Consumer Protection Commission (FCCPC) has overall oversight over protecting consumers across all sectors, the concurrent regulatory jurisdiction and approach in the laws seeks to improve protection outcomes by fostering collaboration.

resources & library

sections

FCCPA 2018

The Federal Competition and Consumer Protection Act, 2018 ("FCCPA") is the main statute governing consumer protection and competition regulation in Nigeria. The FCCPA established the Federal Competition and Consumer Protection Commission (“FCCPC”) and the Competition and Consumer Protection Tribunal ("CCPT") for the development and promotion of fair, efficient and competitive markets in the Nigerian economy to facilitate access by all citizens to safe products and secure the protection of rights for all consumers in Nigeria; and for related matters.

regulations

The FCCPA empowers the Commission to make Regulations and issue Guidelines and Notices for the effective implementation and operation of the Act. To this end, the Commission has published the following regulations and guidelines, which provide a regulatory framework on different aspects of competition and consumer protection. These include regulations and guidelines for the notification and review of mergers; administration and imposition of administrative penalties, and other relevant matters.

media

sections

alert/announcement/latest events

The Status of Registration of Fintech/Digital Companies with FCCPC on the Limited Interim Regulatory/Registration Framework and Guidelines for Digital Lending 2022

August 4, 2023

An official website of the Nigerian Government

Federal Competition & Consumer Protection Commission

An official website of the Nigerian Government

Federal Competition & Consumer Protection Commission

Home » media » Alerts/Advisories/Announcements

Alert / Announcements / Latest Events

The Status of Registration of Fintech/Digital Companies with FCCPC on the Limited Interim Regulatory/Registration Framework and Guidelines for Digital Lending 2022

posted on August 4, 2023

PUBLICATION OF A PROPOSED REMEDY PACKAGE: PROPOSED ACQUISITION OF 21.61% STAKE IN CENTRAL SECURITIES CLEARING SYSTEM PLC BY FMDQ HOLDINGS PLC (“FMDQ Group”)

posted on March 4, 2023

UPDATE | Request for Proposal-Monitoring Framework: Deadline extended to March 8, 2023 to give more time for more responses

posted on March 4, 2023

Request for Proposal – Monitoring Framework

posted on February 22, 2023

EXPRESSION OF INTEREST FOR MARKET STUDY ON ALTERNATIVE GENERATING SETS

posted on February 8, 2023

Request for Expression of Interest (EOI)

posted on June 6, 2022

Request for Expression of Interest (EOI)

posted on May 19, 2022

Request for Expression of Interest (EOI)

posted on April 20, 2022

FCCPC Investigative Cooperation/Assistance Rules & Procedures

posted on April 3, 2022

Expression of Interest

posted on April 1, 2022

CRIMINAL ATTACK ON MS. GREATNESS OLORUNFEMI AND SUBSEQUENT MEDICAL ATTENTION AND FATAL OUTCOME. RE; MAITAMA DISTRICT HOSPITAL

September 30, 2023

RE: FATAL FALL OF DR. VWAERE DIASO IN ELEVATOR ACCIDENTAT GENERAL HOSPITAL, ODAN, LAGOS

August 2, 2023

UPDATE ON REGISTRATION OF DIGITAL MONEY LENDERS (DMLs) UNDER THE INTER AGENCY JOINT TASK FORCE’S LIMITED INTERIM REGULATORY/ REGISTRATION FRAMEWORK AND GUIDELINES FOR DIGITAL LENDING 2022

July 21, 2023

Winner, 2023 Antitrust Writing Awards: Soft law Articles, Unilateral Conduct

April 8, 2023