The Federal Competition and Consumer Protection Commission (FCCPC) has refuted widespread reports claiming a ban on airtime borrowing and data advance services in Nigeria. The commission labelled these circulating reports as both false and misleading.

The FCCPC's statement clarifies that such services,

💡 NaijaBuzz is an AI-assisted news aggregator. This content is curated from third-party sources — NaijaBuzz is not the original publisher and is not responsible for the accuracy of source reporting. The NaijaBuzz Take is AI-assisted editorial opinion only, not established fact. All persons mentioned are presumed innocent until proven guilty by a court of competent jurisdiction. NaijaBuzz does not endorse the views expressed in source articles.