Our clients, Acetech Finance Limited has received provisional approval of the Federal Competition and Consumer Protection Commission (“FCCPC”) as digital money lending company in Nigeria. The FCCPC approval is based on compliance with the Limited Interim Regulatory/Registration Framework and Guidelines for Digital Lending, established by the FCCPC to address the privacy rights violations and other illegal debt recovery practices by most digital money lenders. This provisional approval of the FCCPC implies that Acetech Finance Limited has satisfied the requirements, registration obligations and submitted the relevant forms, policies or other documents or information as specified under the framework as well as … Continue reading FCCPC GRANTS APPROVAL TO ACETECH FINANCE LTD