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Federal competition and the Consumer Protection Commission (FCCPC) have recovered more than N10BN from banks, financial technology companies (fintechs), and others for customers who are harmed in six months. Recovery follows complaints from customers for service failure, unauthorized reduction, product defects, and deceptive marketing practices. The commission revealed this in an updated data released on Thursday. FCCPC said the recovery …

Nigeria’s efforts to eliminate insecurity or reduce it to the most prepared minimum seem to gain traction. This is evident in a series of successes recorded by the security agencies over three months. The capture of two of the most sought after leaders of the Ansaru group connected to the Qaeda, Mahmud Muhammad Usman, popularly known as Abu Bara’a, and …

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The NPA automation unit gains the momentum: electronic barrier system launched in the Lagos gate Lagos (Core reporter) The automation unit of the Nigerian authority (NPA) has gained momentum with the launch of an electronic barrier system in the port complex of Lagos. This initiative is part of the ENPA efforts to improve operational efficiency and improve traffic management within …

Investors at the Nigerian equity market obtained N190 billion at the close of trade on Thursday. This follows the surge in stock prices such as Guinness Nigeria, C & I Leasing PLC, and LivingTrust Mortgage Bank, among others, on the trading floor. The Benchmark All-Share Index (ASI) rose to 140,665.84 points from 140,365.36 points recorded on the previous day. After …