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DEON

FCCPC Rejects House Panel Claim, Affirms DEON Lending Rules

FCCPC

By Godwin Anyebe The Federal Competition and Consumer Protection Commission (FCCPC) has firmly reaffirmed that the Digital, Electronic, Online, or Non-Traditional (DEON) Consumer Lending Regulations, 2025 remain valid, enforceable and binding, dismissing claims by a House of Representatives ad-hoc committee that the rules had been suspended. In a strong rebuttal, the Commission said the DEON […]