FG to sanction online banks over customers rights violation
The Commission will be engaging approved loan apps concerning a more robust compliance framework where applicable
Source: punchng.com
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Licensed digital lenders now 211 -FCCPC
The number of digital lenders licensed to operate in Nigeria has risen to 211 based on new data from the Federal Competition and Consumer Protection Commission.
Source: punchng.com
FG delists 28 illegal digital money-lending apps (Full List)
The Federal Government has delisted 28 illegal digital money-lending apps to sanitize the sector. This was disclosed by the Federal Competition and
Source: dailypost.ng
Full List: Nigerian Government Delists 37 Loan Apps, Puts Others On Watch-List
The Nigerian government has delisted 37 suspicious loan apps, according to the Federal Competition and Consumer Protection Commission’s new report. The number of fully approved loan apps also grew to 164 from 154 as of its last updates from the FCCPC website on Monday. Meanwhile, the number of loan apps with conditional approval declined to 38 from 40, and the number of apps on the commission’s watchlist grew to 56 from 20. This followied a sustained shakeup of the digital money lending space by the FCCPC, after harassment of Nigerians by the lenders.
Source: saharareporters.com
FG Delists 37 Illegal Loan Apps – Globalgistng
The number of delisted loan apps rose from nine to 37, according to the Federal Competition and Consumer Protection Commission’s new report.
Source: globalgistng.com