Wireless broadband is expected to have a direct revenue impact of N598 billion ($3.5 billion) in Nigeria this year, according to a recent report by research firm
The Wireless Application Service Providers Association of Nigeria (WASPAN) says it strongly rejects claims by the Federal Competition and Consumer Protection Commission (FCCPC) that the legal challenge against the DEON Consumer Lending Regulations 2025 is being driven by a foreign entity seeking to undermine reforms in Nigeria’s digital lending market.
In a statement signed by Osa Umweni, chairman of regulatory and partnership at WASPAN, the association described the FCCPC’s position as a deliberate misrepresentation of the facts before the court, insisting that its members are Nigerian-registered companies operating under valid licences issued by the Nigerian Communications Commission (NCC).
The dispute stems from Suit No. FHC/L/CS/760/2026, which WASPAN filed to challenge aspects of the DEON Consumer Lending Regulations.
According to the association, the action
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