The Federal Competition and Consumer Protection Commission (FCCPC) has begun enforcing regulations against Digital Money Lending (DML) operators that failed to regularise their status under the Digital, Electronic, Online and Non-Traditional Consumer Lending Regulations, 2025 (DEON Regulations). Vanguard recalls that the FCCPC had set January 5, 2026 as the deadline for digital lenders to comply with its order. Under the approved enforcement framework, the commission said it has withdrawn the conditionally approved status of DML operators that failed to complete the regularisation process within the transitional period. The operators have also been removed from the FCCPC’s published register of approved digital lenders, pending compliance with regulatory requirements. Speaking on the enforcement measures yesterday, FCCPC’s Executive Vice Chairman and CEO, Mr Tunji Bello, said the actions were necessary to uphold the regulations and maintain regulatory certainty in Nigeria’s digital lending market.  The compliance window provided under the Regulations has now closed. At this stage, the Commission is proceeding with appropriate enforcement steps in a manner that is fair, orderly, and consistent with due process.