Consumer protection agency crackdown on illegal loan Apps in Nigeria

The Federal Competition and Consumer Protection Commission (FCCPC) of Nigeria has taken decisive action against 18 digital money lending firms (DMLs) operating on Google’s Play Store for violating registration regulations. This crackdown comes in response to reports of illegal debt recovery tactics used by some operators, prompting the FCCPC to take action and protect consumers. … Continue reading Consumer protection agency crackdown on illegal loan Apps in Nigeria