FCCPC suspends enforcement of digital, non-traditional lending regulations

FCCPC Pauses Loan Regs: Nigeria’s FCCPC has suspended its DEON Regulations 2025, aimed at curbing predatory digital loan practices. This halt follows an ex parte order from the Federal High Court, Lagos, in a case filed by WASPAN. The commission, led by Ondaje Ijagwu, vows compliance, with the next hearing set for July 20.