Nigeria: Federal Competition and Consumer Protection Commission adopted Digital, Electric, Online, or Non-Traditional Lending Regulations including business registration requirement
Description
Federal Competition and Consumer Protection Commission adopted Digital, Electric, Online, or Non-Traditional Lending Regulations including business registration 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
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), other service provider
Implementation Level
national
Government Branch
executive
Government Body
competition authority