THE FCCPC LIMITED INTERIM REGULATORY/REGISTRATION FRAMEWORK AND GUIDELINES FOR DIGITAL LENDING 2022 AND MONEY LENDING BUSINESS IN NIGERIA

On 26th August 2022, the Federal Competition and Consumer Protection Commission (“FCCPC”) issued the “Limited Interim Regulatory/Registration Framework and Guidelines for Digital Lending 2022” (the “Guideline”). It was, indeed, issued pursuant to the powers of the FCCPC under sections 17, 18, and 163 of the Federal Competition and Consumer Protection Act, 2018 (“FCCPA”) – that is, the general functions and powers of the FCCPC and its power to make regulations and issue guidelines and notices for the effective implementation and operation of the provisions of the FCCPA. Click here to access the full article.