Eko Hot Blog reports that President Bola Tinubu has approved the takeoff of the first phase of the Consumer Credit Scheme (CCS). According to a statement by Presidential spokesman, Ajuri Ngelale, consumer credit serves as the lifeblood of modern economies, enabling citizens to enhance their quality of life by accessing goods and services upfront, paying … Read more
Eko Hot Blog reports that the Federal Competition and Consumer Protection Commission (FCCPC) has taken action to clean up its database by removing all approved loan apps, also known as Digital Money Lenders (DMLs). The move comes after concerns were raised regarding the conduct of some registered digital lenders who allegedly defamed and harassed their … Read more
The Federal Competition and Consumer Protection Commission (FCCPC) says it will commence confiscation of cigarettes sold in sticks at the expiration of the moratorium given in the Tobacco Control Law. The Executive Vice Chairman of the commission, Babatunde Irukera, told the News Agency of Nigeria (NAN) in Abuja on Sunday, that the commission had started … Read more