FCCPC Moves Against Non-Compliant Digital Lenders
By Oluwakemi Kindness The Federal Competition and Consumer Protection Commission (FCCPC) has commenced enforcement actions against Digital Money Lending (DML) operators that failed to regularise their operations under the Digital, Electronic, Online and Non-Traditional Consumer Lending Regulations, 2025 (DEON Regulations). The FCCPC’s Executive Vice Chairman and Chief Executive Officer, Tunji Bello, said the compliance window […]