FCCPC approves four new airtime lending operators
Federal Competition and Consumer Protection Commission issued regulatory approval affecting Technotrends Platforms Nigeria Limited, Fonyou Technologies Nigeria Limited, MRS Innovation Nigeria Limited, ERL Telecoms Service Limited on June 6, 2026.
- Primary
- Federal Competition and Consumer Protection Commission
- Counterparty
- Technotrends Platforms Nigeria Limited, Fonyou Technologies Nigeria Limited, MRS Innovation Nigeria Limited, ERL Telecoms Service Limited
- Structure
- regulatory approval
- Date
- June 6, 2026
- Sub-sector
- Lending Tech (Consumer)
FCCPC expanded approved airtime lenders from five to nine under DEON framework, expanding market access despite ongoing court injunction.
Source: thesun.ng