PoS operators have been prohibited from implementing their planned price increases on their range of transactionsThe FCCPC has stepped in to protect consumers against exploitation by PoS operatorsThe commission has clearly stated that price fixing is totally not allowed as it disrupts the marketNigeria's Federal Competition and Consumer Protection Commission (FCCPC) has banned Point of Sale (PoS) operators from implementing the newly declared hike in charges for PoS transactions.
The declaration follows the recent action by the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) on behalf of specific PoS operators in establishing standardised prices for various transaction services. Read More...
- Pro-Biafra militants who hijacked ship have released it
- The hijackers are reportedly still holding on to the crew members
- The Greek-owned vessel is being guarded by Benin Republic navy
A ship reportedly hijacked by pro-Biafra militants has been released although members of the crew are still being held hostage.
A group of supposedly former militants hijacked a ship off the Bakassi Peninsula coastline and threatened to blow it up along with its foreign crew if Nnamdi Kanu is not released. Read More...
Nigeria News1 year ago Insecurity: Details Of What Retired Generals Told Service Chiefs Emerge Ex-servicemen have told the new Service Chiefs what they need to do to tackle the menace of insecurity ravaging the country. According to them, the new...
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