Monday, May 25, 2026
  • About Us
  • Advertisement
  • Privacy Policy
The Daily Crucible
Advertisement
  • Home
  • News
  • Business
    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

    Court Dismisses UBA’s Suit, Rules Banks Answerable To FCCPC

    Court Dismisses UBA’s Suit, Rules Banks Answerable To FCCPC

    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    Trending Tags

    • Market Stories
    • Bitcoin
    • Litecoin
    • Harbolnas
    • United Stated
    • Property
  • Politics
  • Education
  • Lifestyle
    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Why I’m Married To SFG Akume – Zaynab

    Why I’m Married To SFG Akume – Zaynab

    Trending Tags

    • Bitcoin
    • Champions League
    • Explore Bali
    • Golden Globes 2018
    • Grammy Awards
    • Harbolnas
  • Entertainment
    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Nollywood Actor Alex Ekubo Dies After Battle With Health Challenges 

    Nollywood Actor Alex Ekubo Dies After Battle With Health Challenges 

    Ilebaye’s Father Speaks On Viral Family Clash, Claims Reality Stars Winner Attacked Him First

    Ilebaye’s Father Speaks On Viral Family Clash, Claims Reality Stars Winner Attacked Him First

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Trending Tags

    • Golden Globes 2018
    • Grammy Awards
    • Explore Bali
    • Champions League
    • Harbolnas
  • Sports
    Champions Arsenal Cruise Past Palace as Teen Star Makes History

    Champions Arsenal Cruise Past Palace as Teen Star Makes History

    End of an Era: David Alaba Set to Leave Real Madrid After Trophy-Laden Spell

    End of an Era: David Alaba Set to Leave Real Madrid After Trophy-Laden Spell

    Aston Villa Thrash Freiburg To Win Europa League As Emery Makes History

    Aston Villa Thrash Freiburg To Win Europa League As Emery Makes History

    Rangers Declare War Ahead of Federation Cup Clash with Godswill Akpabio FC

    Rangers Declare War Ahead of Federation Cup Clash with Godswill Akpabio FC

    Tinubu Approves Nigeria’s Hosting of 2026 CAF Awards, General Assembly

    Tinubu Approves Nigeria’s Hosting of 2026 CAF Awards, General Assembly

    Mercedes-Benz Drags Osimhen to Police Over €90,000 Car Dispute

    Mercedes-Benz Drags Osimhen to Police Over €90,000 Car Dispute

    Trending Tags

    • Champions League
    • Explore Bali
    • Harbolnas
    • United Stated
    • Market Stories
    • Litecoin
No Result
View All Result
The Daily Crucible
  • Home
  • News
  • Business
    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

    Court Dismisses UBA’s Suit, Rules Banks Answerable To FCCPC

    Court Dismisses UBA’s Suit, Rules Banks Answerable To FCCPC

    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    Trending Tags

    • Market Stories
    • Bitcoin
    • Litecoin
    • Harbolnas
    • United Stated
    • Property
  • Politics
  • Education
  • Lifestyle
    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Why I’m Married To SFG Akume – Zaynab

    Why I’m Married To SFG Akume – Zaynab

    Trending Tags

    • Bitcoin
    • Champions League
    • Explore Bali
    • Golden Globes 2018
    • Grammy Awards
    • Harbolnas
  • Entertainment
    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Nollywood Actor Alex Ekubo Dies After Battle With Health Challenges 

    Nollywood Actor Alex Ekubo Dies After Battle With Health Challenges 

    Ilebaye’s Father Speaks On Viral Family Clash, Claims Reality Stars Winner Attacked Him First

    Ilebaye’s Father Speaks On Viral Family Clash, Claims Reality Stars Winner Attacked Him First

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Trending Tags

    • Golden Globes 2018
    • Grammy Awards
    • Explore Bali
    • Champions League
    • Harbolnas
  • Sports
    Champions Arsenal Cruise Past Palace as Teen Star Makes History

    Champions Arsenal Cruise Past Palace as Teen Star Makes History

    End of an Era: David Alaba Set to Leave Real Madrid After Trophy-Laden Spell

    End of an Era: David Alaba Set to Leave Real Madrid After Trophy-Laden Spell

    Aston Villa Thrash Freiburg To Win Europa League As Emery Makes History

    Aston Villa Thrash Freiburg To Win Europa League As Emery Makes History

    Rangers Declare War Ahead of Federation Cup Clash with Godswill Akpabio FC

    Rangers Declare War Ahead of Federation Cup Clash with Godswill Akpabio FC

    Tinubu Approves Nigeria’s Hosting of 2026 CAF Awards, General Assembly

    Tinubu Approves Nigeria’s Hosting of 2026 CAF Awards, General Assembly

    Mercedes-Benz Drags Osimhen to Police Over €90,000 Car Dispute

    Mercedes-Benz Drags Osimhen to Police Over €90,000 Car Dispute

    Trending Tags

    • Champions League
    • Explore Bali
    • Harbolnas
    • United Stated
    • Market Stories
    • Litecoin
No Result
View All Result
The Daily Crucible
No Result
View All Result
Home News

FCCPC Recovers ₦10bn For Consumers As Banking, Fintech, Utilities Lead Complaint Volumes

The Daily Crucible by The Daily Crucible
September 11, 2025
in News
0
FCCPC Recovers ₦10bn For Consumers As Banking, Fintech, Utilities Lead Complaint Volumes

 

The Federal Competition and Consumer Protection Commission (FCCPC) has released updated data on consumer complaints received and resolved across key sectors of the Nigerian economy.

You might also like

Foundation, Pad-Up Africa Support 100 Abuja Girls in Menstrual Hygiene Drive

‘Adebutu Will Be a Better Governor’ – Toyin Amuzu

2027 Showdown: Adebutu Emerges PDP Governorship Candidate, Vows To End APC ‘Siege’ In Ogun

 

The data, covering cases lodged with the Commission between March and August, 2025 compiled from the Commission’s complaint resolution platforms, provides insight into the patterns and prevalence of consumer dissatisfaction across 30 sectors.

The Director, Corporate Affairs, Ondaje Ijagwu, disclosed this on Thursday in a post shared on the agency’s social media platform.

 

The data revealed that the top ten sectors by number of complaints received between March and August 2025 were led by banking (3,173 complaints), followed by Fast Moving Consumer Goods (FCMG) (1,543), fintech (1,442), and electricity (458). Other notable sectors included e-commerce (412), telecommunications (409), retail/wholesale/shopping (329), aviation (243), information technology (131), and road transport and logistics (114).

This data covers consumer grievances ranging from unfair charges, service failure, unauthorised deductions, deceptive marketing, poor disclosure of terms, product defects, and failure to provide redress within acceptable timelines. The total number of complaints resolved during the reporting period was 9091, while total recoveries for consumers exceeded ₦10 billion (Ten Billion Naira), reflecting both the scale of harm experienced and the significant financial burden borne by consumers in the absence of effective redress.

The publication of sector-specific complaint data aligns with the Commission’s mandate under Sections 17(a), 17(j) of the FCCPA 2018, which empower it to enforce consumer protection laws and make information on its functions available to the public.

Reacting to the findings on Thursday, the Executive Vice Chairman/Chief Executive Officer of the Commission, Mr. Tunji Bello, said: “These numbers are not just statistics; they tell the story of consumer frustration, and the daily challenges Nigerians face in essential services. However, the FCCPC is determined to hold businesses accountable, ensure compliance with the FCCPA, and promote fair market practices that protect the welfare of all consumers.”

Banking is the dominant source of consumer complaints, both in volume and financial exposure, highlighting recurring issues in loan deductions, account charges, and transaction disputes, and reflecting public reliance on the FCCPC to intervene in systemic financial service challenges.

Banking and fintech dominate by financial impact, showing consumer vulnerability where services are both essential and high value, signalling an urgent need for stronger joint regulation with the Central Bank of Nigeria (CBN).

With 458 reported complaints, the electricity sector ranks 4th overall, behind banking, financial services, and FCMG, highlighting persistent billing disputes, service delivery failures, and the need for stronger coordination between the FCCPC, NERC, state electricity regulatory agencies and electricity distribution companies (DisCos).

E-commerce disputes are relatively low-value but high-frequency, signalling broad consumer exposure at the retail level. While average monetary losses per complaint are low, the volume and recurrence of disputes (deliveries, refunds, counterfeit goods) reveal e-commerce as a growing consumer pain point.

Interestingly, report of the high incidence of disputes linked to digital lending, investment schemes, and microfinance services coincides with the unveiling of a new regulation by FCCPC to curb abuses in the digital lending sector.

The Commission is intensifying monitoring, enforcement, and collaboration with sector regulators to address these concerns. Focus is on financial and utility services, where recurring patterns of consumer exploitation require corrective action.

The Commission encourages regulated entities to study these data trends and strengthen internal mechanisms for handling consumer complaints, ensuring that issues are addressed promptly and equitably.

Consumers are encouraged to continue reporting violations through the FCCPC complaint portal: complaints.fccpc,gov.ng, or FCCPC zonal and state offices. Every report assists the Commission in identifying systemic issues and enforcing compliance.

 

Previous Post

NDLEA Recovers 112kg of Cannabis From Kano Road Crash Scene

Next Post

Awujale Stool: Only Direct Offsprings Of Fusengbuwa Are Eligible To Contest – Olufadi Royal Family Clarifies

The Daily Crucible

The Daily Crucible

The Daily Crucible Newspaper is an authoritative independent online news medium established to deliver professional journalism for the purpose of fostering Nigeria's unity, progress and greatness, given the heterogeneity of her citizens. We shall vigorously pursue this vision and anchor it on tripod of truth, justice and fairness. We shall feed the public with robust information they need to make informed decision on issues and matters that affect them, promote human - capital development, freedom and free market enterprise. Our loyalty shall be to Nigeria and public interest, and shall respect ethnic, religious and political diversity without being partisan and sectional.

Related Posts

Foundation, Pad-Up Africa Support 100 Abuja Girls in Menstrual Hygiene Drive
News

Foundation, Pad-Up Africa Support 100 Abuja Girls in Menstrual Hygiene Drive

by The Daily Crucible
May 25, 2026
‘Adebutu Will Be a Better Governor’ – Toyin Amuzu
News

‘Adebutu Will Be a Better Governor’ – Toyin Amuzu

by The Daily Crucible
May 24, 2026
2027 Showdown: Adebutu Emerges PDP Governorship Candidate, Vows To End APC ‘Siege’ In Ogun
News

2027 Showdown: Adebutu Emerges PDP Governorship Candidate, Vows To End APC ‘Siege’ In Ogun

by The Daily Crucible
May 24, 2026
Gunmen Kill Three Worshippers, Abduct 15 In Midnight Attack On Kwara Prayer Ground
News

Gunmen Kill Three Worshippers, Abduct 15 In Midnight Attack On Kwara Prayer Ground

by The Daily Crucible
May 24, 2026
Military Rescues 92 Civilians in Daring Borno Anti-Terror Operation
News

Military Rescues 92 Civilians in Daring Borno Anti-Terror Operation

by The Daily Crucible
May 24, 2026
Next Post
Awujale Stool: Only Direct Offsprings Of Fusengbuwa Are Eligible To Contest – Olufadi Royal Family Clarifies

Awujale Stool: Only Direct Offsprings Of Fusengbuwa Are Eligible To Contest – Olufadi Royal Family Clarifies

Leave a Reply Cancel reply

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

No Result
View All Result

Advertisement

Advertisement

Recent News

Foundation, Pad-Up Africa Support 100 Abuja Girls in Menstrual Hygiene Drive

Foundation, Pad-Up Africa Support 100 Abuja Girls in Menstrual Hygiene Drive

May 25, 2026
Champions Arsenal Cruise Past Palace as Teen Star Makes History

Champions Arsenal Cruise Past Palace as Teen Star Makes History

May 24, 2026
‘Adebutu Will Be a Better Governor’ – Toyin Amuzu

‘Adebutu Will Be a Better Governor’ – Toyin Amuzu

May 24, 2026
2027 Showdown: Adebutu Emerges PDP Governorship Candidate, Vows To End APC ‘Siege’ In Ogun

2027 Showdown: Adebutu Emerges PDP Governorship Candidate, Vows To End APC ‘Siege’ In Ogun

May 24, 2026
Gunmen Kill Three Worshippers, Abduct 15 In Midnight Attack On Kwara Prayer Ground

Gunmen Kill Three Worshippers, Abduct 15 In Midnight Attack On Kwara Prayer Ground

May 24, 2026
Military Rescues 92 Civilians in Daring Borno Anti-Terror Operation

Military Rescues 92 Civilians in Daring Borno Anti-Terror Operation

May 24, 2026
Bloody Sunday In Quetta: Suicide Bomb Rips Through Military Train, Killing 24

Bloody Sunday In Quetta: Suicide Bomb Rips Through Military Train, Killing 24

May 24, 2026
Abayomi Semako Hunye’s Self-Declared Guber ‘Victory’: A Re-Enactment Of Baba Sala’s Awada kerikeri Comedy

Abayomi Semako Hunye’s Self-Declared Guber ‘Victory’: A Re-Enactment Of Baba Sala’s Awada kerikeri Comedy

May 24, 2026
Boko Haram’s Slaughter Of Mathematics In Oyo

Boko Haram’s Slaughter Of Mathematics In Oyo

May 24, 2026
Obasanjo, Makinde, Jonathan, Atiku, Kwankwaso, Obi, Jega, Others to Meet In Abuja Over 2027 Elections

Obasanjo, Makinde, Jonathan, Atiku, Kwankwaso, Obi, Jega, Others to Meet In Abuja Over 2027 Elections

May 24, 2026
The Daily Crucible

The Daily Crucible Newspaper is an authoritative and independent online news medium established to deliver professional journalism for the purpose of fostering Nigeria's unity, peace, progress, and greatness, given the heterogeneity of its citizens.

© 2022 The Daily Crucible - Designed by CYBERWARRIOR.

No Result
View All Result
  • Home
  • News
  • Politics
  • Property
  • Business
  • Education
  • Health
  • Entertainment
  • About Us

© 2022 The Daily Crucible - Designed by CYBERWARRIOR.