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6 Digital Loan Companies Raided in Nigeria for Alleged Malpractice

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IPC, NGO reject bill seeking to empower NBC to regulate DSTV, Startimes’ tariffs

A bill seeking to regulate tariff of digital satellite service providers was on Wednesday rejected by several participants at the public hearing on the bill. The bill, sponsored by Unyime Idem (PDP, Akwa-Ibom), seeks to give the National Broadcasting Commission (NBC), the powers to regulate the tariff charged by digital television platforms. The bill proposed that NBC “Regulates and review through broadcasting codes the tariff being charged by the digital satellite television services broadcasting in Nigeria and other subscription policy for subscribers.” If passed, digital satellite service providers like DSTV, StarTimes, TSTV, GOTV and others will have their subscriber fees regulated. It was first introduced to the House on March 19, 2020 and was consolidated with other NBC bills on the ...

President Buhari nominates Kolawole Alabi as FCCPC commissioner

President Muhammadu Buhari has nominated Mr Kolawole Alabi for appointment as Executive Commissioner, Federal Competition and Consumer Protection Commission (FCCPC). This is contained in a letter dated April 26 and read by President of the Senate, Ahmad Lawan, at the plenary on Wednesday. “In accordance with the provision of Section 5(1) of the Federal Competition and Consumer Protection Commission Act, 2018. “I write to forward, for confirmation by the Senate of the Federal Republic of Nigeria, the appointment of Mr Kolawole Oladipupo Alabi as Executive Commissioner, Federal Competition and Consumer Protection Commission. “The nominee’s CV is attached herewith. “It is my hope that the Distinguished Senate will consider and confirm the appointment in the usual expeditious manner.”(NAN) Get...