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WASPAN challenges FCCPC’s digital lending powers at Court of Appeal

WASPAN challenges FCCPC’s digital lending powers at Court of Appeal

By GhanaSummary NewsroomNigeria

In a notice of appeal dated 21 July, a day after the Federal High Court in Lagos delivered the judgement, WASPAN asked the Court of Appeal in Lagos to set aside the judgement delivered by the lower court judge Ambrose Allagoa on Monday, which dismissed the association’s suit challenging the FCCPC’s Digital, Electronic, Online or Non-Traditional Consumer Lending (DEON) Regulations, 2025.

The Wireless Application Service Providers Association of Nigeria (WASPAN) has appealed a Federal High Court judgement upholding the authority of the Federal Competition and Consumer Protection Commission (FCCPC) to regulate digital lending in Nigeria.

READ ALSO: FCCPC resumes digital lending regulations as court upholds powers The association said the Federal High Court’s judgement was internally inconsistent because the court held that the FCCPC could not take over the statutory functions of the NCC and lacked licensing powers, but nevertheless dismissed the suit.

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