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Federal Govt Approves 211 Loan Apps cover

Federal Govt Approves 211 Loan Apps

Guides and Updates / November 14, 2023 / 3 mins read

The Federal Competition and Consumer Protection Commission (FCCPC) has taken a significant step towards regulating the digital lending industry in Nigeria by approving 211 reliable loan apps as of October 2023. This move comes in response to the growing concerns surrounding the unethical practices of some loan apps, including exorbitant interest rates, unfair debt collection …

Federal Govt Approves 211 Loan Apps

FULL LIST: 37 illegal loan apps delisted by FGI

FULL LIST: 37 illegal loan apps delisted by FGI

General / September 13, 2023 / 3 mins read

In a decisive move to protect Nigerian consumers from unscrupulous financial practices, the Federal Government, through the Federal Competition and Consumer Protection Commission (FCCPC), delisted 37 more illegal loan apps. The updated list of loan apps banned in Nigeria reinforces the government's commitment to maintaining a fair and transparent digital lending environment. With this latest …

FULL LIST: 37 illegal loan apps delisted by FGI

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