FCCPC denies ban on airtime lending and data forwarding services in Nigeria

The Federal Competition and Consumer Protection Commission (FCCPC) has clarified that it has not banned airtime lending or data advance services in Nigeria.

In an official statement released in Abuja, FCCPC spokesperson and director of corporate affairs, Ondaje Ijagwu, dismissed reports that such services had been banned, describing them as inaccurate and misleading.

Ijagwu explained that the Commission has not issued any directive restricting Nigerians from legitimately accessing value-added telecommunications services.

He noted that the confusion likely stems from regulatory actions introduced in July 2025, when the FCCPC implemented the Consumer Lending on Digital Economy and Online Lending (DEON) regulations

According to the Commission, these rules were designed to address growing concerns about unfair practices in the digital lending and advance servicing industry.

These concerns included hidden fees, unexplained deductions, aggressive debt collection methods, and little transparency in terms of service.

The FCCPC said the regulations aim to create a more transparent and consumer-friendly market by mandating proper registration of service providers and clear indication of fees and terms.

Other requirements include improved channels for resolving complaints, stronger data protection measures and greater accountability between service operators and their partners.

In the telecommunications sector, the Commission revealed that some operators had adopted restrictive agreements with third parties that violate the provisions of the Federal Competition and Consumer Protection Act (2018)

Ijagwu said the new regulatory framework is aimed at opening up the market, allowing for greater local participation while promoting fair competition alongside international partners.

He added that these reforms are intended to protect consumers, reduce exploitative practices and encourage innovation in a well-regulated environment.

The FCCPC also accused some stakeholders of spreading misinformation in an attempt to resist compliance with the new rules.

The Commission said telecom operators were initially given a 90-day window to comply with the legislation, which was later extended until 5 January 2026.

However, many operators reportedly failed to meet the required compliance standards within the extended period.

Ijagwu urged Nigerians to ignore false reports about any ban and rely on official communications from regulators.

He reaffirmed the FCCPC’s commitment to safeguard consumer rights, promote transparency and ensure fair competition in Nigeria’s digital and telecommunications sectors.