FCCPC removes defaulting digital lenders as compliance window closes

By Progress Godfrey Abuja — The Federal Competition and Consumer Protection Commission (FCCPC) has begun enforcing the Digital, Electronic, Online, and Non-Traditional Consumer Lending Regulations, 2025 (DEON Regulations), by removing digital money lending (DML) operators that failed to regularise their status. The commission had set January 5, 2026, as the deadline for compliance. Operators that […]
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