11 Sep, 2025
4 mins read

Nigeria slams rogue digital lenders with tough new rules

Nigeria has launched a decisive regulatory offensive against rogue digital lenders, introducing sweeping new rules to restore order and consumer confidence in the country’s fast-expanding online credit industry. The Federal Competition and Consumer Protection Commission (FCCPC) on Wednesday confirmed that the new regulations—enacted under Sections 17, 18, and 163 of the Federal Competition and Consumer […]