Fresh uncertainty has emerged over Nigeria’s telecom-based airtime and data lending market as the Wireless Application Service Providers Association of Nigeria (WASPAN) warns that continued enforcement of the Federal Competition and Consumer Protection Commission’s (FCCPC) Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations, 2025 (DEON Regulations), could trigger another disruption to services used by millions of subscribers.
The association has asked the Court of Appeal to suspend enforcement of the regulations pending the determination of its appeal against the July 20 judgment of the Federal High Court in Lagos, arguing that immediate implementation could expose operators to sanctions, heighten regulatory uncertainty and disrupt telecom-enabled credit services.
Industry stakeholders say the earlier interruption in airtime lending highlighted the growing importance of the service to Nigeria’s digital economy.
According to the Chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), Gbenga Adebayo, the disruption demonstrated that airtime credit had evolved
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