Frequently asked questions about open banking in Africa
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Frequently asked questions about open banking in Africa

This FAQ is written for people who are trying to make sense of how open banking affects real operations.

FCCPC sets deadline for compliance
Industry Information

FCCPC sets deadline for compliance

According to the Commission, operators have had sufficient time to adjust. The Regulations took effect on 21 July 2025, so by January 2026, all lenders would have had more than five months to align their practices with the FCCPC.

5 reasons why most lenders don’t have access to GSI
How to

5 reasons why most lenders don’t have access to GSI

While we encourage CBN to fix these issues, lenders on Lendsqr can still access more reliable ways to collect loans from customers.