Trending News: Court Orders British Airways to Pay Nigerian Passenger N50m for Breach of ContractTo Curb Sundry Abuses, FCCPC Issues Regulations on Online, Digital Lending PracticesNigeria, Poland Deepen Trade Ties with Inaugural Economic Forum in LagosT2 Seals Another Mega Deal with Knot Solutions to Drive End-to-End Digital TransformationOoni Global Celebration: Ife Monarch to Mark 10 Years of Reign with Pan- African FestivalAt PIC Summit, Alausa, Sulaiman-Ibrahim, Others Push for Removal of Barriers to Gender InclusionEstablishment of Flight Data Centre Commitment to Aviation Safety, Says NCAA BossEU, International IDEA Launch Project to Strengthen Civil Society in NigeriaATCIS Nigeria Kicks against 100% Hike in Passport FeeUs Mission in Nigeria Commends Akin Fadeyi FoundationFrom Revenue Leaks to Revenue Peaks: Commercial Levers That Drive Bottom Line Improvements Toluwaleke AdenmosunAfrican Security: Nigeria Leads from the FrontLagos State Domestic, Sexual Violence Agency Records 8,692 Cases in One YearNigerian Army Recovers 158 Cattle, Records Terrorist Surrender in Nationwide OperationsFans to Pay N3,000 & N1,000 to See Eagles, Amavubi ClashAwolowo House Pulled Down for New Technology MallAdekunle Awolaja: I Want a Sustainable AfRES With Physical Base in NigeriaJulius Berger Wins Award of Excellence in CCESSA Delegate Conference Tinubu’s Investment Drive: Bold Gains, But One Lingering Case Could Derail Investor ConfidenceOlawepo-Hashim: Zoning of 2027 Presidential Ticket to South By PDP Can’t Stand Test of TimeEXCLUSIVE: Inspector-General Egbetokun Removes AIG Fayoade From Zone 2 Lagos To Stop His Planned Emergence As Next Police BossPro-Tinubu’s Protesters Storm  NNPCL Headquarters Tinubu Directs SGF To Issue Service-wide Circular On Health Insurance Implementation Across MDAs BREAKING: Lagos Command PRO, Benjamin Hundeyin To Replace Muyiwa Adejobi As Nigerian Police SpokesmanTrain Derailment: Preliminary Investigation Reports To Be Release In 23 Days, Says NSIBBillionaire Funeral Undertaker, Apams, Honoured in EnuguBREAKING: Abuja Court Denies Bail To Eight-Month-Old Baby, Mother Held Since March In Suleja Prison On ‘Orders From Above’JDPI, NUJ Demand Quality, Responsive Representation from National Assembly MembersTinubu: Our Govt’s Bold Economic Reforms Already Yielding Fruitful Results INEC: We’ll Continue to  Deepen Collaboration with NIMCGITEX 2025: Let’s Use AI, Fintech, Others to Grow Economy, Says Sanwo-OluBadaru: Terrorism Exploits Porous Borders, Socio-economic Disparities to Wreak Havoc in W/Africa, Sahel FG Tasks Information Commissioners on Partnership with ICPC to Fight CorruptionBREAKING: Controversial Nigerian Police Spokesman Muyiwa Adejobi Removed From Office, Transferred To Delta CommandIFC: Africa Holds Demographic Competitive Advantage for Digital Economy ExpansionNDDC Created to Facilitate Dev’t in N’ Delta, Not Frivolous Spending, Says Youth LeaderSowore Condemns Taraba Governor Kefas Over “Fake Promises”, Decaying Schools, Deadly Roads As Residents Groan‘Nigeria Stands at Defining Moment’Nwifuru Disappointed as Nominee Rejects  Ebonyi Economic Team JobTechnical Education Key to Industrial Revolution, Says Kogi Poly RectorPlateau Proposes N2bn to Drive Youth, Entrepreneurship TrainingTinubu in Brazil: Fresh MoUs Stir Optimism Amid Skepticism.FG Declares Friday Public Holiday to Mark Eid-Ul-MawlidECOBA  Lagos Education Foundation  Celebrates Outstanding StudentsBREAKING: Nigerian Secret Police DSS Abducts NYSC Member Oyinyechi In Ebonyi, Transfers Her To Unknown Location2027: The Buhari Organisation Backs Tinubu, Declares LoyaltyWike’s Team Moves to Wreck PDP Convention, Lists Conditions; Governors Threaten ShowdownBPE to List Genco, Two DisCos on Stock Market through IPOCustoms Service Board Approves Appointment of 4 DCGs, 12 ACGs, Promotes 3,312 Senior OfficersBayelsa Seeks Stake in $3.5 Billion Brass Fertiliser, Petrochemical ProjectCrude Oil Refiners to Brainstorm on Africa’s Refining Agenda at 2025 SummitAbba Bello: NEXIM Bank Has Disbursed N420 Billion Concessionary Loans to Non-oil Exporters, Created 12,000 JobsTinubu Celebrates Adesina’s Decade-long Leadership at AfDB as He Bows OutPAVE: To Counter Extremism, FG Must Prioritise Investment in DevelopmentDangote Refinery: One Year, One Refinery, A Nation TransformedTHE NEED TO TACKLE ROAD ACCIDENTSINDIA AT 79 YEARS AGE, IN A CRISISAlcaraz Books US Open S’final SpotADVENTURE IN SCHOLARSHIP AT ILE-IFEDOES WEALTH CONFER PARDONS?Kwara Welcomes Ban on Raw Shea Butter, to Open Nigeria’s Second Largest Processing FactoryZamfara Gov to speak at 5th AfSNET Investment Conference in AlgeriaTinubu Reverses Appointment in NTA, Reinstates DG, Executive Director of NewsAdeola’s Governorship Ambition and His Transformative Vision for OgunOborevwori, Sen Nwoko Commend Socio-Cultural Group for Igbo Unity CampaignOborevwori Inaugurates ICT/CBT Centre in Onicha-Olona, Says No Part of Delta Will Be Left BehindShettima: Tinubu Firmly Devoted To Security, Stability In Gulf Of Guinea Tinubu: We’ve Met Nigeria’s Revenue Target  For 2025 In AugustAA&R Investment Group Drives Nigeria’s Economic Transformation with Inclusive, Sustainable, Innovative VenturesBREAKING: Court Strikes Down Nigerian Military’s Draconian 15-Year Compulsory Service Rule, Says Soldiers Can Resign AnytimeINEC: Over 2.5m Eligible Nigerians Registered Online for CVR in Two WeeksCourtVision Holds 2025 SuperBall Youth League in LagosKwara Gov Holds Security Meeting, Lauds Operatives Amid Clearance Operation, ArrestsAllegation Of Ransom Payment Against NSA Baseless, Says Northern GroupBlasphemy: Police Yet to Arrest  Suspected Killers of Woman in NigerKano Police Apprehend 107 Criminals in One MonthDangote Cement Extends Scholarship Scheme to Kogi CommunitiesNBTS President Admonishes Political Leaders to Imbibe Fear of GodEXCLUSIVE: Emir Of Lafiagi Threatens Journalists For Constantly Reporting Terrorist Attacks In Kwara North, Warns Them To Stop ‘Embarrassing’ Governor AbdulRazaqAmerican Varsity Matriculates over 300 Students40th Anniversary: Ecobank Nigeria Launches New Edition of Super Rewards CampaignNHRC Urges  FG to Tackle Insecurity in NigeriaEXCLUSIVE: Crypto Fraudster, Jesam Michael Wields Power From Kuje Prison, Bribes Police To Detain Former Lawyer Accused Of Leaking InformationCourt: Jonathan Can Run For Presidential ElectionNigeria Hails Finland’s Conviction of Simon Ekpa on Terrorism-related CrimesTinubu: No Nigerian is Second-class Citizen, Reiterates Every Region Being Carried Along in His GovernmentTinubu Assures Colombia of Prompt Implementation of All Bilateral AgreementsKekere-Ekun Reassures on Speedy Dispensation of Financial Crime Cases21,971 Admission Seekers Jostle for 13,000 Spaces at UnilorinUBEC, DLN Distribute 47 Milliion Laptops, Tablets to Students, TeachersNUPRC Oversees Concession of First Deepwater Oil Blocks Under 2024 Licensing RoundObi: Life Expectancy in Nigeria Worse Than War-torn Ukraine, S/SudanTrain Derailment: Damaged Tracks to be Restored in 10 Days, Says FGOsun Monarch Jailed in U.S. Over $4.2m Covid-19 Loan FraudIndecent Assault: Rising Scourge Against Female DignityPolitical Parties, Primaries, and the CourtsTsoho, NBA President Call for Tribunals, Digitalisation, to Ease Judicial BurdenNBA Doubles Branch Remittance, Boosts Human Rights Funding at Enugu AGMNigeria Targets 1,368 Firms in Landmark Data Protection CrackdownWhether Issue Estoppel Founded on Privity of Estate Applies to Prior Purchaser
Thu. Sep 4th, 2025
Trending News: Court Orders British Airways to Pay Nigerian Passenger N50m for Breach of ContractTo Curb Sundry Abuses, FCCPC Issues Regulations on Online, Digital Lending PracticesNigeria, Poland Deepen Trade Ties with Inaugural Economic Forum in LagosT2 Seals Another Mega Deal with Knot Solutions to Drive End-to-End Digital TransformationOoni Global Celebration: Ife Monarch to Mark 10 Years of Reign with Pan- African FestivalAt PIC Summit, Alausa, Sulaiman-Ibrahim, Others Push for Removal of Barriers to Gender InclusionEstablishment of Flight Data Centre Commitment to Aviation Safety, Says NCAA BossEU, International IDEA Launch Project to Strengthen Civil Society in NigeriaATCIS Nigeria Kicks against 100% Hike in Passport FeeUs Mission in Nigeria Commends Akin Fadeyi FoundationFrom Revenue Leaks to Revenue Peaks: Commercial Levers That Drive Bottom Line Improvements Toluwaleke AdenmosunAfrican Security: Nigeria Leads from the FrontLagos State Domestic, Sexual Violence Agency Records 8,692 Cases in One YearNigerian Army Recovers 158 Cattle, Records Terrorist Surrender in Nationwide OperationsFans to Pay N3,000 & N1,000 to See Eagles, Amavubi ClashAwolowo House Pulled Down for New Technology MallAdekunle Awolaja: I Want a Sustainable AfRES With Physical Base in NigeriaJulius Berger Wins Award of Excellence in CCESSA Delegate Conference Tinubu’s Investment Drive: Bold Gains, But One Lingering Case Could Derail Investor ConfidenceOlawepo-Hashim: Zoning of 2027 Presidential Ticket to South By PDP Can’t Stand Test of TimeEXCLUSIVE: Inspector-General Egbetokun Removes AIG Fayoade From Zone 2 Lagos To Stop His Planned Emergence As Next Police BossPro-Tinubu’s Protesters Storm  NNPCL Headquarters Tinubu Directs SGF To Issue Service-wide Circular On Health Insurance Implementation Across MDAs BREAKING: Lagos Command PRO, Benjamin Hundeyin To Replace Muyiwa Adejobi As Nigerian Police SpokesmanTrain Derailment: Preliminary Investigation Reports To Be Release In 23 Days, Says NSIBBillionaire Funeral Undertaker, Apams, Honoured in EnuguBREAKING: Abuja Court Denies Bail To Eight-Month-Old Baby, Mother Held Since March In Suleja Prison On ‘Orders From Above’JDPI, NUJ Demand Quality, Responsive Representation from National Assembly MembersTinubu: Our Govt’s Bold Economic Reforms Already Yielding Fruitful Results INEC: We’ll Continue to  Deepen Collaboration with NIMCGITEX 2025: Let’s Use AI, Fintech, Others to Grow Economy, Says Sanwo-OluBadaru: Terrorism Exploits Porous Borders, Socio-economic Disparities to Wreak Havoc in W/Africa, Sahel FG Tasks Information Commissioners on Partnership with ICPC to Fight CorruptionBREAKING: Controversial Nigerian Police Spokesman Muyiwa Adejobi Removed From Office, Transferred To Delta CommandIFC: Africa Holds Demographic Competitive Advantage for Digital Economy ExpansionNDDC Created to Facilitate Dev’t in N’ Delta, Not Frivolous Spending, Says Youth LeaderSowore Condemns Taraba Governor Kefas Over “Fake Promises”, Decaying Schools, Deadly Roads As Residents Groan‘Nigeria Stands at Defining Moment’Nwifuru Disappointed as Nominee Rejects  Ebonyi Economic Team JobTechnical Education Key to Industrial Revolution, Says Kogi Poly RectorPlateau Proposes N2bn to Drive Youth, Entrepreneurship TrainingTinubu in Brazil: Fresh MoUs Stir Optimism Amid Skepticism.FG Declares Friday Public Holiday to Mark Eid-Ul-MawlidECOBA  Lagos Education Foundation  Celebrates Outstanding StudentsBREAKING: Nigerian Secret Police DSS Abducts NYSC Member Oyinyechi In Ebonyi, Transfers Her To Unknown Location2027: The Buhari Organisation Backs Tinubu, Declares LoyaltyWike’s Team Moves to Wreck PDP Convention, Lists Conditions; Governors Threaten ShowdownBPE to List Genco, Two DisCos on Stock Market through IPOCustoms Service Board Approves Appointment of 4 DCGs, 12 ACGs, Promotes 3,312 Senior OfficersBayelsa Seeks Stake in $3.5 Billion Brass Fertiliser, Petrochemical ProjectCrude Oil Refiners to Brainstorm on Africa’s Refining Agenda at 2025 SummitAbba Bello: NEXIM Bank Has Disbursed N420 Billion Concessionary Loans to Non-oil Exporters, Created 12,000 JobsTinubu Celebrates Adesina’s Decade-long Leadership at AfDB as He Bows OutPAVE: To Counter Extremism, FG Must Prioritise Investment in DevelopmentDangote Refinery: One Year, One Refinery, A Nation TransformedTHE NEED TO TACKLE ROAD ACCIDENTSINDIA AT 79 YEARS AGE, IN A CRISISAlcaraz Books US Open S’final SpotADVENTURE IN SCHOLARSHIP AT ILE-IFEDOES WEALTH CONFER PARDONS?Kwara Welcomes Ban on Raw Shea Butter, to Open Nigeria’s Second Largest Processing FactoryZamfara Gov to speak at 5th AfSNET Investment Conference in AlgeriaTinubu Reverses Appointment in NTA, Reinstates DG, Executive Director of NewsAdeola’s Governorship Ambition and His Transformative Vision for OgunOborevwori, Sen Nwoko Commend Socio-Cultural Group for Igbo Unity CampaignOborevwori Inaugurates ICT/CBT Centre in Onicha-Olona, Says No Part of Delta Will Be Left BehindShettima: Tinubu Firmly Devoted To Security, Stability In Gulf Of Guinea Tinubu: We’ve Met Nigeria’s Revenue Target  For 2025 In AugustAA&R Investment Group Drives Nigeria’s Economic Transformation with Inclusive, Sustainable, Innovative VenturesBREAKING: Court Strikes Down Nigerian Military’s Draconian 15-Year Compulsory Service Rule, Says Soldiers Can Resign AnytimeINEC: Over 2.5m Eligible Nigerians Registered Online for CVR in Two WeeksCourtVision Holds 2025 SuperBall Youth League in LagosKwara Gov Holds Security Meeting, Lauds Operatives Amid Clearance Operation, ArrestsAllegation Of Ransom Payment Against NSA Baseless, Says Northern GroupBlasphemy: Police Yet to Arrest  Suspected Killers of Woman in NigerKano Police Apprehend 107 Criminals in One MonthDangote Cement Extends Scholarship Scheme to Kogi CommunitiesNBTS President Admonishes Political Leaders to Imbibe Fear of GodEXCLUSIVE: Emir Of Lafiagi Threatens Journalists For Constantly Reporting Terrorist Attacks In Kwara North, Warns Them To Stop ‘Embarrassing’ Governor AbdulRazaqAmerican Varsity Matriculates over 300 Students40th Anniversary: Ecobank Nigeria Launches New Edition of Super Rewards CampaignNHRC Urges  FG to Tackle Insecurity in NigeriaEXCLUSIVE: Crypto Fraudster, Jesam Michael Wields Power From Kuje Prison, Bribes Police To Detain Former Lawyer Accused Of Leaking InformationCourt: Jonathan Can Run For Presidential ElectionNigeria Hails Finland’s Conviction of Simon Ekpa on Terrorism-related CrimesTinubu: No Nigerian is Second-class Citizen, Reiterates Every Region Being Carried Along in His GovernmentTinubu Assures Colombia of Prompt Implementation of All Bilateral AgreementsKekere-Ekun Reassures on Speedy Dispensation of Financial Crime Cases21,971 Admission Seekers Jostle for 13,000 Spaces at UnilorinUBEC, DLN Distribute 47 Milliion Laptops, Tablets to Students, TeachersNUPRC Oversees Concession of First Deepwater Oil Blocks Under 2024 Licensing RoundObi: Life Expectancy in Nigeria Worse Than War-torn Ukraine, S/SudanTrain Derailment: Damaged Tracks to be Restored in 10 Days, Says FGOsun Monarch Jailed in U.S. Over $4.2m Covid-19 Loan FraudIndecent Assault: Rising Scourge Against Female DignityPolitical Parties, Primaries, and the CourtsTsoho, NBA President Call for Tribunals, Digitalisation, to Ease Judicial BurdenNBA Doubles Branch Remittance, Boosts Human Rights Funding at Enugu AGMNigeria Targets 1,368 Firms in Landmark Data Protection CrackdownWhether Issue Estoppel Founded on Privity of Estate Applies to Prior Purchaser
Thu. Sep 4th, 2025

Awolowo House Pulled Down for New Technology Mall

Olawale Ajimotokan in Abuja 

The iconic Awolowo House, in the heart of Ikeja, Lagos and a symbol of innovation since 1978 has been demolished. 

The building, managed by Wemabod, a subsidiary of Odu’a Investment Company Limited, owned by the six South-west states of Lagos, Ogun, Osun, Oyo, Ondo and Ekiti is to be rebuilt into a modern and magnificent technology haven called Awolowo Technology Mall.

The redevelopment of the Awolowo Technology Mall, is to commemorate and immortalize legendary nationalist, Chief Obafemi Awolowo’s legacy of innovation, quest for knowledge, spirit of discovery, and excellence.

The Managing Director of El- Salem Nigeria Limited, Mr Ben Gbade Ojo,stated in Abuja that the new Awolowo Technology Mall would more than double the previously available commercial space of Awolowo House from 4,800 sqm to over 9,000 sqm.

Gbade Ojo, whose company is in partnership  with Wemabod to develop the Awolowo Technology Mall added that the Awolowo Technology Mall, now famously called A.T Mall, was a place where top-notch information technology companies would set up shops and offices to exhibit and market the latest information communication technologies and systems, as well as where the latest ICT products from global technological companies could be found in Nigeria.

“It is a place where leading ICT experts congregate and set up shops and offices, a place where ICT training is carried out by global ICT geniuses and where ICT puzzles find ready answers, and ICT problems find well-tailored solutions. You will likely find at the A.T Mall, any ICT product or electric product available in the world, and you may not need to travel outside Nigeria for the product. Whatever technology products or services you are in need of, come to A.T Mall, Ikeja, and you will get them,” he said.

A recent comprehensive report by data analytics firm, Statisense ranked Lagos as the world’s fastest-growing emerging technology ecosystem in 2025. The report published on X placed Istanbul in second position, followed by Pune. Belo Horizonte, Mumbai, Curitiba, Riyadh, Johannesburg, Chennai and Ho Chi Minh City completed the top ten. Analysts say the ongoing development of the magnificent Awolowo Technology Mall, now sought after by world-class technology firms, will further solidify Lagos’ now globally acknowledged status as a leading technology hub in the world.Statisense is a leading artificial intelligence data analytics company known for its annual ecosystem intelligence reports across emerging market.

Caption: L-R: National President, Julius Berger – Senior Staff Association, Comrade Erayokan Silverster;

Director, Adminstration, Julius Berger Nigeria PLC, Alh. Dr. Kaita Abdulazziz; and General Secretary,

Julius Berger – Senior Staff Association, Comrade Jamiu Akinola, during the presentation of

Excellence to the Director on behalf of CCESSA

The post Awolowo House Pulled Down for New Technology Mall appeared first on THISDAYLIVE.

​  

    • Hot Source

    Related Posts

    Court Orders British Airways to Pay Nigerian Passenger N50m for Breach of Contract

    Court Orders British Airways to Pay Nigerian Passenger N50m for Breach of Contract

    Wale Igbintade

    Justice Ibrahim Kala of the Federal High Court, Lagos, has ordered British Airways to pay N50 million in damages to a Nigerian passenger, Mr. Stephen Osho, for breach of contract of carriage and unfair treatment.

    Delivering judgment, Justice Kala held that Osho successfully proved that the airline violated its obligations under the international contract of carriage when it failed to provide the service for which he had fully paid.

    The court found that the passenger suffered undue hardship, inconvenience, and financial loss as a result of British Airways’ conduct.

    In its defence, British Airways argued that Osho was responsible for his own predicament and urged the court not to award compensation.
    Counsel for the airline further contended that, if any costs were granted, they should not exceed N60,000.

    The court dismissed the argument as untenable in light of the facts before it.

    Consequently, Justice Kala awarded N50 million in general damages against British Airways in favour of Osho.

    The court further awarded N3 million as costs of the action, citing the expenses incurred, the protracted duration of the case, legal representation, summons fees, and the declining value of the naira.

    The court based its decision on the Montreal Convention, 1999, as domesticated under the Nigerian Civil Aviation Act, which regulates claims arising from international air carriage.

    While the Convention prohibits punitive or exemplary damages, it permits compensatory relief where passengers prove actual losses.

    The post Court Orders British Airways to Pay Nigerian Passenger N50m for Breach of Contract appeared first on THISDAYLIVE.

    ​  

    Wale Igbintade Justice Ibrahim Kala of the Federal High Court, Lagos, has ordered British Airways to pay N50 million in damages to a Nigerian passenger, Mr. Stephen Osho, for breach
    The post Court Orders British Airways to Pay Nigerian Passenger N50m for Breach of Contract appeared first on THISDAYLIVE.

    Continue reading
    To Curb Sundry Abuses, FCCPC Issues Regulations on Online, Digital Lending Practices

    To Curb Sundry Abuses, FCCPC Issues Regulations on Online, Digital Lending Practices

    •Lenders mandated to register with commission or risk N100 million fine, others

    James Emejo in Abuja

    Executive Vice Chairman/Chief Executive, Federal Competition and Consumer Protection Commission (FCCPC), Mr. Tunji Bello, yesterday, announced the release of Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulations (DEON Consumer Lending Regulation), 2025, to address longstanding consumer complaints and a variety of issues.

    The landmark regulations, made pursuant to Sections 17, 18, and 163 of the Federal Competition and Consumer Protection Act (2018), sought to primarily safeguard consumers by establishing a comprehensive framework.

    The blueprint aimed at addressing exploitative practices, data privacy violations, abusive loan recovery tactics, harassment, and anti-competitive behaviour by certain digital lenders and their partners within Nigeria’s rapidly growing digital credit market.

    The framework mandates transparency, fairness, responsible conduct, data privacy, and accessible redress mechanisms, all under the oversight of FCCPC. They were a crucial step towards regulating the country’s rapidly expanding digital lending sector.

    Announcing the gazetting and commencement of the regulations in Abuja, Bello said, “For too long, Nigerians have endured harassment, data breaches, and unethical practices by unregulated digital lenders. These regulations draw a clear line that innovation is welcome, but not at the expense of rights and dignity of consumers, or the rule of law.

    “These regulations provide the legal tools to hold violators accountable and promote responsible digital finance. No consumer should be harassed, defamed, or lured into unsustainable debt under the guise of digital lending.”

    The regulations, which came into effect on July 21, 2025, establishes a robust legal framework to register, monitor, and sanction all forms of digital and non-traditional lending in Nigeria.

    Applicable to all unsecured consumer lending conducted through electronic, online, mobile, or other non-traditional means, the regulations set out clear requirements for registration, transparency, data privacy, ethical recovery, fair interest rates, and responsible lending.

    According to a statement issued by Director, Corporate Affairs, FCCPC, Ondaje Ijagwu, under the provisions, all digital lenders must register with the FCCPC within 90 days of commencement.

    Approval is dependent on meeting consumer protection, data compliance, and transparency standards. Non-compliant operators face sanctions, which may include fines of up to N100 million or one per cent of turnover, as well as potential disqualification of directors for up to five years.

    The regulations further prohibit pre-authorised or automatic lending, compel clear and accessible loan terms, ban unethical marketing, and mandate local ownership of at least one service provider for airtime and data lending services.

    It also requires joint registration of all lender partnerships and prohibits monopolistic or dominance-based agreements without prior commission’s approval.
    The commission further urged consumers to report unlawful or unregistered lenders, unfair interest rates, or privacy violations to the commission.

    The post To Curb Sundry Abuses, FCCPC Issues Regulations on Online, Digital Lending Practices appeared first on THISDAYLIVE.

    ​  

    •Lenders mandated to register with commission or risk N100 million fine, others James Emejo in Abuja Executive Vice Chairman/Chief Executive, Federal Competition and Consumer Protection Commission (FCCPC), Mr. Tunji Bello,
    The post To Curb Sundry Abuses, FCCPC Issues Regulations on Online, Digital Lending Practices appeared first on THISDAYLIVE.

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Business & Economy

    Biz & Economy

    FG commits N90 billion to support 400,000 tertiary students’ education through NELFUND 
    Biz & Economy

    NHIA launches self-service enrollment portal for Nigerians to access health insurance online 
    Biz & Economy

    NiMet forecasts nationwide rain, thunderstorms from Thursday to Saturday 
    Biz & Economy

    T2 partners India’s Knot Solutions in a multi-million dollar deal to modernise telecom systems 
    Biz & Economy

    EFCC arrests Gavice Logistics CEO for alleged N2 billion Ponzi scheme fraud 
    Biz & Economy

    Airtel Africa Foundation Offers Tech Scholarships to Nigerian Students
    Biz & Economy

    T2, Huawei Partner to Boost Core Network Infrastructure
    Biz & Economy

    Zinox Partners KongaCares on Interest-free Digital Initiative
    Biz & Economy

    Minimum Wage: NECA Commends Imo, Ebonyi Govt, Urge Others to Do Same
    Biz & Economy

    New Initiatives to Reposition RMAFC
    Biz & Economy

    Nigeria’s revenues hit N20.6 trillion in eight months on non-oil gains – Official

    Nigeria’s revenues hit N20.6 trillion in eight months on non-oil gains – Official
    Biz & Economy

    FG, nurses union reach fresh agreement on service scheme, reserve 60% job quota
    Biz & Economy

    Lagos attracted over $6 billion in tech startup funding between 2019 and 2024 – Sanwo-Olu 
    Biz & Economy

    Standard Bank revises Naira outlook, projects N1,585.5/$1 by end of 2025 
    Biz & Economy

    US commits $32.5m to support food security in Nigeria
    Biz & Economy

    US government donates $32.5 million to WFP to address hunger in Nigeria

    US government donates $32.5 million to WFP to address hunger in Nigeria
    Biz & Economy

    NGX penny stocks: The risky bet that might pay off again this September 
    Biz & Economy

    FCTA revokes all park licenses in Abuja, calls for fresh resubmission 
    Biz & Economy

    International Finance Corporation warns Africa risks missing AI boom without infrastructure and skills  
    Biz & Economy

    Tinubu orders implementation of mandatory health insurance across MDAs, urges compliance monitoring 
    Biz & Economy

    New TotalEnergies deepwater deal to accelerate Nigeria’s shift to gas – NUPRC CEO
    Biz & Economy

    Law firm raises red flags over governance conflicts in Nigeria’s Insurance Reform Act 2025 
    Biz & Economy

    FCCPC issues new regulation to address loan app harassment

    FCCPC issues new regulation to address loan app harassment
    Biz & Economy

    Regency Alliance reports N2.5 billion 2024 profit on strong insurance revenue, investments 
    Biz & Economy

    FCCPC commences ‘N100 million sanction rule’ against Non-Compliant Digital Lending Operators in Nigeria 
    Biz & Economy

    African businesses face 35% higher technology costs than global peers- IFC 
    Biz & Economy

    FG digitizes Basic Health Care Fund to boost transparency, accountability in PHC financing across Nigeria  
    Biz & Economy

    Lagos state to cut Blue Line fares by 50% as ridership tops 5 million in two years
    Biz & Economy

    A celebration of vision and impact: Built to Close by Tope Dare officially launched
    Biz & Economy

    Mazerance; the game, the people and the long road ahead
    Biz & Economy

    Dangote Refinery: FCCPC abandons bid to challenge Court’s dismissal in N100 billion petrol import license suit   
    Biz & Economy

    FG declares Friday, September 5, as public holiday to mark Eid-ul-Mawlid
    Biz & Economy

    Gold sparkles at record highs as Nigeria cracks down on illegal mining
    Biz & Economy

    FATF grey list, a major stumbling block affecting Nigeria’s cross-border payment – Busha co-founder 
    Biz & Economy

    ChatGPT to add parental controls amid child safety concerns

    ChatGPT to add parental controls amid child safety concerns
    Biz & Economy

    SeaBaas at One: Peerless’ modern core processed 2 billion transactions, saves clients $10m — sets sights on Pan-African Scale