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Nigeria goment don begin monitor activities of loan applications and online banks wey dey operate for Nigeria.Already goment don ban almost 150 loan apps from accessing contacts and photos of dia customers wey borrow money from dem.Di ban go take effect on 31 May 2023, according to di Federal Compe
Google has announced a new policy for online lending companies in Nigeria which include Fairmoney, Payday, and other 119 approved by FG to serve Nigerians.
Of this number, about 119 including Renmoney and FairMoney, hold full approvals; and 54, including Soko Lending, hold conditional approvals.
Of these, 119 have full approvals while the other 54 have conditional approvals. The move follows a registration drive launched by the FCCPC aimed at