The Federal Competition and Consumer Protection Commission (FCCPC) has announced the extension of the deadline for the registration of online money lenders to March 27, 2023.
The Chief Executive Officer of the commission, Babatunde Irukera disclosed this in a statement on its website.
Irukera stated that the extra time was to ensure the registration of Digital Money Lenders whose registration was still in process and to prevent significant market disruptions.
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