Nigeria: Federal Competition and Consumer Protection Commission adopted Digital, Electric, Online, or Non-Traditional Lending Regulations including fair marketing and advertising practice requirement

Description

Federal Competition and Consumer Protection Commission adopted Digital, Electric, Online, or Non-Traditional Lending Regulations including fair marketing and advertising practice requirement

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…

Scope

Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), other service provider
Implementation Level
national
Government Branch
executive
Government Body
competition authority

Complete timeline of this policy change

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2025-07-21
adopted

On 21 July 2025, the Federal Competition and Consumer Protection Commission adopted the Digital, El…

2026-01-05
in force

On 5 January 2026, the Digital, Electric, Online, or Non-Traditional Lending Regulations enter into…