Federal Competition and Consumer Protection Commission Exonerates Mikano International Limited of Financial Liabilities

The Federal Competition and Consumer Protection Commission (FCCPC) has announced that Mikano International Limited has fully complied with the Commission’s Order and Notice issued on 16 December 2025, thereby releasing the company from all financial obligations and liabilities related to the case.

In a letter dated 9 February 2026, addressed to the Chief Executive of Mikano International Limited and signed by the Head of Legal Services, Nsitem Chizenum, on behalf of the Executive Vice‑Chairman, the Commission confirmed that Mikano had satisfactorily met the conditions set out in the earlier directive.

According to the FCCPC, “Mikano is hereby fully discharged of all financial obligations and further liability under the said Order and Notice of the Commission.”

Nevertheless, the Commission directed the company to establish and maintain a robust competition and consumer protection compliance framework within its operations.

The compliance mechanism must, at a minimum, include a clearly articulated company‑wide policy that promotes fair competition, quality assurance, consumer protection, and strict adherence to applicable competition and consumer protection laws and regulations.

The Commission also urged the company to refrain from any conduct that could violate the provisions of the Federal Competition and Consumer Protection Act or other relevant legislations and guidelines.

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