The Federal Competition and Consumers Protection Commission (FCCPC) has announced its compliance with an exparte order issued by the Lagos Federal High Court, which requires the suspension of the enforcement of the 2025 digital lending regulations. This decision provides temporary relief to airtime lenders who were facing the impending regulations. The order was delivered by Justice A.L. Allagoa, highlighting the legal proceedings surrounding the enforcement of these regulations. The FCCPC's adherence to the court's directive underscores the ongoing legal discourse regarding digital lending practices in Nigeria.
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