Market Intelligence

Nigeria's Federal Competition and Consumer Protection Commission has published a proposed Sales Promotion Regulation that will fundamentally change how businesses conduct promotional activities, requiring registration of campaigns, disclosure of AI-generated content, and imposing strict liability on influencers. The regulation extends to foreign entities targeting Nigerian consumers and establishes comprehensive standards for digital promotions, artificial intelligence in marketing, and influencer partnersh

Nigeria's cryptocurrency market has grown rapidly, bringing both opportunities and risks to consumers navigating digital payments, investments and cross-border transactions. As regulatory oversight evolves across multiple agencies, questions arise about how consumer protection laws apply to this emerging sector and what safeguards exist against fraud, misleading promotions and platform failures.

A “NO REFUND” notice on a shop wall, receipt or website does not settle whether a business can lawfully refuse a refund in Nigeria. Under the Federal Competition and Consumer Protection Act 2018 (FCCPA), the answer depends on the circumstances. Consumers may have statutory remedies when goods are defective, unsuitable for a disclosed purpose or materially different from the agreed description, or when a supplier fails to perform a service to the required standard.

Consumer protection is a major component of any economy. With the increasingly complex nature of commercial activities and financial transactions in Nigeria, there is a need to balance the interests of businesses while adequately protecting the rights and welfare of consumers.

The Federal Competition and Consumer Protection Commission (FCCPC) has announced that all payments for services provided by the Commission must now be made through the RevOp platform, a new revenue collection platform introduced by the Federal Government. The Commission outlined a step-by-step process for generating a bill and completing payment through the new platform, including payment by bank transfer, card, or at a bank branch.

The Federal High Court, Abuja Division, on July 10 2026, delivered a landmark judgment affirming the statutory authority of the Federal Competition and Consumer Protection Commission (FCCPC) to investigate consumer complaints regarding airline ticket pricing.1 The Court clarified that the Commission’s power to conduct investigations into pricing is distinct from its statutory power to regulate or fix prices under the Federal Competition and Consumer Protection Act (FCCPA).2