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