Nigeria: Federal Competition and Consumer Protection Commission adopted Limited Interim Regulatory/Registration Framework and Guidelines for Digital Lending
Description
Federal Competition and Consumer Protection Commission adopted Limited Interim Regulatory/Registration Framework and Guidelines for Digital Lending
On 26 August 2022, the Federal Competition and Consumer Protection Commission (FCCPC) adopted the Limited Interim Regulatory/Registration Framework for Digital Lending in Nigeria. The guidelines established 14 November 2022 as the deadline for Digit…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
consumer protection authority
Complete timeline of this policy change
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2022-08-26
adopted
2022-12-06
adopted
2023-01-27
adopted
2023-06-09
adopted