{"id":78675,"date":"2025-11-13T15:50:51","date_gmt":"2025-11-13T15:50:51","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=78675"},"modified":"2025-11-13T15:50:51","modified_gmt":"2025-11-13T15:50:51","slug":"fccpc-sets-january-2026-deadline-for-digital-lenders-to-meet-new-rules","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/11\/13\/fccpc-sets-january-2026-deadline-for-digital-lenders-to-meet-new-rules\/","title":{"rendered":"FCCPC Sets January 2026 Deadline for Digital Lenders to Meet New Rules"},"content":{"rendered":"<p><strong>By Huldah Shado<\/strong><\/p>\n<p>The Federal Competition and Consumer Protection Commission (FCCPC), has set January 5, 2026, as the deadline for all digital lending platforms in Nigeria to comply with its new consumer lending regulations.<\/p>\n<p>According to a statement by the Commission\u2019s Director of Corporate Affairs, Ondaje Ijagwu, the directive aims to promote fairness, transparency, and accountability in the fast-growing digital lending sector.<\/p>\n<p>The new regulations, effective July 21, 2025, were issued under the FCCPA 2018, alongside detailed guidelines for lenders and intermediaries.<\/p>\n<p>FCCPC Executive Vice Chairman, Mr. Tunji Bello, said full compliance is crucial to safeguard consumers and ensure responsible sector growth.<\/p>\n<p>He warned that enforcement actions, including operational restrictions and possible prosecution, would begin after the deadline.<\/p>\n<p>As of November 2025, 438 digital lending companies had received full approval to operate in Nigeria.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Huldah Shado The Federal Competition and Consumer Protection Commission (FCCPC), has set January 5, 2026, as the deadline for all digital lending platforms in Nigeria to comply with its new consumer lending regulations. According to a statement by the Commission\u2019s Director of Corporate Affairs, Ondaje Ijagwu, the directive aims to promote fairness, transparency, and [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":78676,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[],"class_list":["post-78675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/78675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=78675"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/78675\/revisions"}],"predecessor-version":[{"id":78677,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/78675\/revisions\/78677"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/78676"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=78675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=78675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=78675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}