The Federal Competition and Consumer Protection Commission is cracking down on digital lending operators that failed to regularize their status under the new Digital Lending Regulations.

 The deadline for compliance was January 5, 2026, and the FCCPC says enforcement measures are now underway.

FCCPC Chairman, Tunji Bello, says the actions are necessary to maintain regulatory certainty in Nigeria’s digital lending market.

 Operators that didn’t comply have been removed from the FCCPC’s approved list, and the commission is engaging with app platforms and payment providers to monitor compliance.

The FCCPC has given provisionally designated operators until April 2026 to regularize their registration. After that, further regulatory measures may apply. 

The FCCPC emphasizes that compliant businesses deserve a predictable regulatory environment, and consumers are entitled to protection under the law.

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