Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) denies approving 48 new digital loan applications, responding to reports that it had granted new licences to additional lenders. According to the FCCPC, it has not issued any new approvals or licences because the licensing process is suspended under a court order. The commission says the court order stops the granting of new lender licences pending further legal proceedings, which it cites as the reason the reported approvals did not occur. Multiple outlets report the FCCPC’s clarification that statements suggesting new loan apps were approved are false. The FCCPC frames its position as a correction of misinformation and emphasizes that the relevant regulatory pathway for licensing has been paused by the court. The reports indicate the commission’s denial is consistent across sources: no new lending licences have been granted for the period covered by the claims, and the commission points to ongoing court action as the controlling factor.