A Federal High Court sitting in Ikoyi, Lagos, has reserved judgment in a suit filed by the Wireless Application Service Providers Association of Nigeria (WASPAN) challenging the legality of the Digital, Electronic, Online, and Non-traditional Consumer Lending Regulations issued by the Federal Competition and Consumer Protection Commission (FCCPC).
Justice A. L. Allagoa fixed July 20, 2026, for judgment after parties adopted their final written addresses and concluded arguments in the matter.
The suit centres on the scope of the FCCPC’s regulatory powers within Nigeria’s digital economy and telecommunications sector.
WASPAN argued that the FCCPC exceeded its statutory powers by introducing regulations that allegedly conflict with the Nigerian Communications Act and the Central Bank of Nigeria Act.
The association maintained that powers relating to telecommunications and financial services regulation are already vested in the Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN).
However, the FCCPC defended the regulations, insisting that its mandate cuts across sectors where consumer protection and market competition issues arise.
The court is expected to deliver judgment on July 20, 2026.
