The Federal Competition and Consumer Protection Commission has set April 2026 as the final deadline for digital money lending operators to regularise their operations under Nigeria’s Digital, Electronic, Online and Non-Traditional Consumer Lending Regulations, 2025 (DEON Regulations). The commission said the deadline applies to operators provisionally designated as eligible under transitional arrangements, following the expiration of the initial compliance window on 5 January 2026. “The compliance window provided under the Regulations has now closed. “Operators who fail to regularise their status by April 2026 may face additional regulatory measures. The commission reaffirmed its commitment to transparent regulation, fair competition and effective consumer protection across Nigeria’s digital economy.

Source: Punch January 21, 2026 23:13 UTC