Frequently Asked Questions on FCCPC’s new consumer lending regulations
Industry Information

Frequently Asked Questions on FCCPC’s new consumer lending regulations

Below are answers to common questions from Lenders, compliance teams, and other stakeholders about FCCPC's DEON CL.

What is a decisioning engine?
Industry Information

What is a decisioning engine?

Discover what a decisioning engine is, how it works in lending, and why it’s transforming credit decision-making. Learn how AI-driven automation improves accuracy and speed in loan approvals.

What license do I need to lend?
Credit Laws

What license do I need to lend?

To own and operate a lending business in Nigeria, you need a license. However, knowing what license is right could be a little difficult. Understand which license best represents your business’s needs.