The Federal Competition and Consumer Protection Commission (FCCPC) has announced the suspension of the Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations 2025 (DEON Regulations). This decision was made in response to concerns raised by industry stakeholders regarding the impact of the regulations on airtime and data credit services in Nigeria. The suspension is expected to facilitate the restoration of these essential services, which had been affected by the enforcement of the DEON rules. The FCCPC's move reflects its commitment to balancing regulatory oversight with the needs of consumers and service providers in the telecommunications sector.
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