Nigeria’s Digital Lending Regulations: Key Points & Impact

The Federal Competition and Consumer Protection Commission (FCCPC) has introduced new regulations for digital lending in Nigeria, with a significant impact on the country’s growing fintech landscape. Effective July 25, 2025, these rules aim to address predatory practices while fostering transparency and accountability within the sector. This article outlines key aspects of the new regulation: its scope, requirements for lenders, potential implications for borrowers, and expectations for future growth.