The Federal Competition and Consumer Protection Commission (FCCPC) has announced that Mikano International Limited has fully complied with its directive issued on December 16, 2025, effectively relieving the company of all financial liabilities tied to the case.
In a correspondence dated February 9, 2026, and addressed to the Managing Director of Mikano International Limited, the Commission—through its Head of Legal Services, Nsitem Chizenum, on behalf of the Executive Vice-Chairman—confirmed that the company had met all stipulated requirements in the earlier notice.
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The FCCPC stated that Mikano has now been “completely discharged of all financial obligations and any further liability” arising from the Order and Notice.
However, the regulator instructed the company to put in place a strong internal compliance system covering competition and consumer protection standards within its operations.
According to the Commission, the framework should include a comprehensive company-wide policy that promotes fair competition, product quality, consumer protection, and full compliance with all relevant laws and regulations.
The FCCPC further cautioned the company to avoid any actions that could breach the provisions of the Federal Competition and Consumer Protection Act, as well as other applicable rules and guidelines.
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