If my check engine light is on because my car is running too rich, is that bad for the car?

I have a 1996 Acura Integra LS. I have DC headers with no O2 censors on them, and my car is running rich. It also burns oil fast and is causing my check engine light to go on. I was wondering, is this bad for anything in the car? Or can I keep driving it like this?

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