Nigeria: Data protection regulation in Digital, Electric, Online, or Non-Traditional Lending Regulations
Progress
Current status
in force
05 Jan 2026 in force
21 Jul 2025 adopted
Scope
Implementers
Nigeria
Policy Area
Data governance
Policy Instrument
Data protection regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
other service provider
Government Branch
executive
Government Body
competition authority
Implementation Level
national
Timeline of events
Digital, Electric, Online, or Non-Traditional Lending Regulations including data protection regulation enters into force
On 5 January 2026, the Digital, Electric, Online, or Non-Traditional Lending Regulations enter into force. The Regulations apply to all lenders and providers (including their partners and collaborators) offering unsecured digital or electronic loans…
SourceEvent type
order
Action type
implementation
Government branch
executive
Government body
competition authority
Federal Competition and Consumer Protection Commission adopted Digital, Electric, Online, or Non-Traditional Lending Regulations including data protection regulation
On 21 July 2025, the Federal Competition and Consumer Protection Commission adopted the Digital, Electric, Online, or Non-Traditional Lending Regulations. The Regulations apply to all lenders and providers (including their partners and collaborators…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
competition authority