MTN Group has secured conditional approval from the Federal Competition and Consumer Protection Commission (FCCPC) for its proposed $6.2bn acquisition of IHS Holding Limited, moving the deal closer to completion.
MTN disclosed the development in its half-year 2026 financial results released on Monday, saying the transaction remained a strategic priority for the second half of the year.
FCCPC says Nigeria’s cement prices may not be fully explained by production costs and market conditions.
A 50kg bag of cement reached as high as ₦15,000 in some Nigerian markets, compared with about ₦7,344 in Kenya and ₦9,180...
Nigeria’s airtime credit market is worth hundreds of billions of naira, with millions of users depending on “borrow airtime” services when they run out of credit.
A Federal High Court ruling has now clarified who regulates what in...
July 8 (THEWILL) — Premium Pension Limited and Trustfund Pensions Limited have proposed a merger that would create Nigeria's third-largest Pension Fund Administrator (PFA), subject to regulatory approvals.
The proposed transaction was disclosed in a merger notification published on Tuesday...
July 6, (THEWILL) — President Bola Tinubu has directed the Federal Competition and Consumer Protection Commission (FCCPC) to investigate major global technology companies and Generative Artificial Intelligence (AI) platforms over allegations of anti-competitive practices, unlawful exploitation of news content,...
July 6 (THEWILL) — The Federal Government on Monday convened a meeting with Dangote Refinery, the Federal Competition and Consumer Protection Commission (FCCPC), the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), and other key players in the...
March 26, (THEWILL) — The Federal Competition and Consumer Protection Commission (FCCPC) has raised concerns over the rising circulation of substandard and unsafe products in Nigeria, warning that it threatens consumer safety and market confidence.
The Commission’s Executive Vice Chairman...
February 27, (THEWILL) — The Federal Competition and Consumer Protection Commission (FCCPC) has accused domestic airlines of involvement in airfare manipulation across its route network.
The Commission affirmed that it found credible evidence that domestic airlines engaged in price manipulation...
December 11, (THEWILL) — The Federal Competition and Consumer Protection Commission (FCCPC), on Thursday, sealed the Ikeja Electric Distribution Company (IKEDC) office in the Alausa area of Lagos over alleged violations of consumer rights and persistent non-compliance with regulatory...
October 27, (THEWILL) — The Federal Competition and Consumer Protection Commission (FCCPC) has lauded recent landmark court judgments in Lagos and Enugu States, describing them as significant reinforcements of Nigeria’s consumer protection framework under the Federal Competition and...
Jose Mourinho isn't backing down on his stance that Vinicius Junior is getting a raw deal from referees, and he made that clear again on Tuesday, days after his star winger was on the receiving end of a rough afternoon at Espanyol.