FCCPC Nigeria Implements Stricter Oversight on Digital Lending
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has implemented the previously anticipated Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulations (DEON Consumer Lending Regulations), 2025, to introduce regulatory structure in the digital borrowing space. DEON Consumer Lending Regulations has formalized a structure of compliance to protect consumers and demand transparency from digital lending platforms. […]