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.
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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.
The federal government through the Federal Competition and Consumer Protection Commission (FCCPC) has registered and approved 211 loan apps, at the end of
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.
The Federal Government on Monday, through the Federal Competition and Consumer Protection Commission delisted 37 more illegal loan apps.
The Federal Competition & Consumer Protection Commission (FCCPC) has delisted over 18 digital money lending companies from Google. FCCPC on behalf of