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The Federal Competition and Consumer Protection Act, 2018 (FCCPA) 2018 is Nigeria’s principal consumer protection law. It protects buyers from unfair trade practices – including blanket “no refund” policies. Your right to a refund: Under s.122, you can return goods that are defective, unsafe, or don’t match the description – and get a full refund…
Following the official announcement of the 7th edition of Hackaholics, Wema Bank has announced University of Uyo as the first pitch centre location in the national tour of Hackaholics, the Bank’s flagship youth and startup-focused initiative designed to help young Africans transform their creative, game-changing, tech-driven ideas into working solutions. Scheduled for July 15 to…
The chief executive officer (CEO) of Tesla, Elon Musk, has suffered the biggest loss of personal wealth ever recorded after a sharp decline in the value of SpaceX erased about $350 billion from his fortune in one week. According to Forbes on Tuesday, Musk’s net worth fell from $1.45 trillion to just under $1.1 trillion…
The Chief Financial Officer of MTN Nigeria Communications Plc, Modupe Kadri, has purchased 275,309 ordinary shares valued at approximately N218.3 million. The transaction was disclosed in a regulatory filing dated June 16, 2026, and signed by the Company Secretary, Uto Ukpanah. According to the filing submitted to the Nigerian Exchange Limited (NGX), the share acquisition…
Africa’s leading payments infrastructure company, Flutterwave, has announced a strategic investment with leading provider of blockchain-based enterprise solutions, Ripple. The strategic investment and partnership centres on a robust product integration designed to accelerate the adoption of digital asset infrastructure, bringing unprecedented speed, liquidity, and cost-efficiency to cross-border commerce throughout Africa. The partnership is built…
For years, Opera Mini has been helping Nigerians get online. For many, it is tied to early mobile internet memories: browsing on limited bundles, reading blogs, chatting, downloading music, and finding ways to stay connected without spending too much. Now, thanks to Poco Lee and Seyi Vibez’s new track, “Opera Mini, ” the browser’s name…
Polysmart Packaging Limited have called for the establishment of a national policy on recycling and intense awareness to drive more Nigerians especially youths into the recycling business. The company made this call during an interview session at its Capacity Development Seminar hosted recently in Lagos in collaboration with Switch Recycling Innovations Ltd., and the Lagos…
Stakeholders in Nigeria’s livestock sector have called on the Federal Government to release details of its reported $2.5 billion agreement with jbs.com.br, a Brazilian meat processing company. The demand emerged at a regional meeting in Minna, where farmers, experts, civil society groups and government representatives discussed the possible effects of the proposed investment. Participants said…
Several Nigerians have taken to the comment section of social media pages of the First Abu Dhabi Bank of the United Arab Emirate to express opposition over plans by the Bola Tinubu government to secure $5 billion borrowing arrangement under the Total Return Swap, financing structure. The development is coming after the International Monetary Fund…
Tedious but worth waiting, a landmark victory with far-reaching implications for corporate governance in Nigeria, as the Supreme Court has handed Neconde Energy Limited and Nestoil Limited a decisive win, overturning the earlier judgment of the Court of Appeal and redefining the legal boundaries of receivership The dispute, between Neconde Energy Limited and FBNQuest Trustees…