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Nigerian govt clarifies position on airtime market regulation

  • The Federal Competition and Consumer Protection Commission denied securing presidential approval to restructure Nigeria's airtime credit market or to allow new operators to join, stating it was unaware and uninvolved in such claims.
  • The FCCPC confirmed the suspension of implementing the DEON Consumer Lending Regulations 2025 following an interim injunction by the Federal High Court issued on April 15, 2026, in a suit by the Wireless Application Service Providers Association of Nigeria .
  • The FCCPC stated it remains bound by the court order and lawful procedures, with the case scheduled for further hearing on July 20, 2026.
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National Daily Newspaper broke the news on Sunday, June 7, 2026.
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