The Federal Competition and Consumer Protection Commission (FCCPC) has resumed implementation and enforcement of its Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulations, 2025, following a Federal High Court’s affirmation of its authority to regulate Nigeria’s digital lending sector.
The commission announced the development in a statement on Monday, saying the decision followed a judgment delivered by Justice A.L. Allagoa of the Federal High Court in Lagos in Suit No. FHC/L/CS/760/2026, filed by the Wireless Application Service Providers Association of Nigeria Ltd/Gte (WASPAN).
According to the FCCPC, the court dismissed the plaintiff’s originating summons in its entirety, rejected all the reliefs sought and upheld the validity of the Digital, Electronic, Online or Non-Traditional Consumer Lending (DEON) Regulations, 2025.
The commission said the court held that the regulations were made pursuant to its statutory and constitutional powers and were therefore within its legal authority.
It added that the court also upheld the specific provisions of the regulations challenged in the suit and discharged the interim ex parte order that had restrained their implementation and enforcement.
