Nigeria: Federal Competition and Consumer Protection Commission announced interim rulings in investigation into possible violations in money lending industry

Description

Federal Competition and Consumer Protection Commission announced interim rulings in investigation into possible violations in money lending industry

On 5 April 2022, the Joint Task Force, consisting of the Federal Competition and Consumer Protection Commission (FCCPC), the National Information Technology Development Agency (NITDA), and the Independent Corrupt Practices and Other Related Offences…

Scope

Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
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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2022-03-11
under deliberation

On 11 March 2022, the Federal Competition and Consumer Protection Commission (FCCPC), in collaborat…

2022-04-05
under investigation

On 5 April 2022, the Joint Task Force, consisting of the Federal Competition and Consumer Protectio…