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Respite For Online Borrowers As FCCPC Deletes Over 18 Registered Loan Apps From Website -By Isaac Asabor

Commenting on a move to sanction more erring apps, Irukera stated, โ€œCompliance with the guidelines is mandatory for all DMLs regardless of whether they intend to be placed on Playstore, operate by APK file formats or any other means for that matter. Failure to comply with the Guidelines is a violation of law and renders any such operation illegal.
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FCCPC Instructs Google to delete 18 illegal loan apps

August 3, 2023. Azonuchechi Chukwu. The Federal Government through the Federal Competition and Consumer Protection Commission has given digital money lenders five days to prove they are operating within its set guidelines. It also asked Google to remove 18 digital lenders from Playstore for violations of its guidelines. According to the FCCPC, compliance with its |
Google Playstore Azonuchechi Chukwu Consumer Protection Commission Regulatory Registration Framework Federal Government Federal Competition

FCCPC orders Google to delist 18 loan apps, stop payment gateways

The Federal Competition and Consumer Protection Commission (FCCPC) has ordered Google to delist 18 more loan apps/digital lending companies from its PlayStore and platforms immediately. The Executive Vice Chairman/ Chief Executive Officer of FCCPC, Babatunde Irukera, gave this directive in a statement issued on Wednesday. The commission had on July 20, 2023 asked Google to […]
Google Playstore Babatunde Irukera Consumer Protection Commission Regulatory Registration Framework Federal Competition Executive Vice

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