The Federal Competition and Consumer Protection Commission (FCCPC) has started enforcing regulations against digital money lenders that failed to comply with the Digital, Electronic, Online and Non-Traditional Consumer Lending Regulations, 2025 (DEON Regulations). Digital lenders had until January 5, 2026, to regularise their operations. Now, the Commission has begun active enforcement. Tunji Bello, FCCPC’s Executive …
The Securities and Exchange Commission (SEC) has said it will intensify enforcement actions in 2026 following the enactment of the Investments and Securities Act (ISA) 2025 to strengthen investor protection and market integrity. The SEC Director-General, Emomotimi Agama, said in a statement on Sunday, while outlining the Commission’s regulatory priorities. He noted that the ISA …
The Federal Competition and Consumer Protection Commission (FCCPC) recovered over N10 billion for consumers after complaints against banks, fintechs, and other sectors. Ondaje Ijagwu, Director of Corporate Affairs, disclosed this on Thursday. The data covers complaints lodged between March and August 2025 via FCCPC complaint platforms. The top ten sectors by complaint volume were: Banking: …
