Loan apps

$110m Penalty: FCCPC CEO Reveals Abusive Conduct By British American Tobacco, Highlights Reduced Penalty Through Cooperation

Loan Apps: 80% Reduction In Harassment, Defamation Of Lenders Spikes Default By Borrowers

The Nigerian government through the Federal Competition and Consumer Protection Commission (FCCPC) has observed that the reduction in the use of harassment and defamation of lenders by digital money lenders (DMLs), better

Victor Ezejaand

Admin

December 26, 2023

FCCPC) has approved an additional 211 digital money lenders, known as loan apps, marking an increase from 161 fully approved companies in September.

Business·News

FCCPC Approves 211 Digital Loan Apps Amidst Industry Overhaul

FCCPC) has approved an additional 211 digital money lenders, known as loan apps, marking an increase from 161 fully approved companies in September.

Emmanuel Ochayi

November 4, 2023

Business

Google Ordered To Delete Cashpal, Swiftkash, 16 Other Nigerian Loan Apps

Google has been directed to take down Cashpal, Swiftkash, Nairaloan, and 15 others for operating quick loans on Play Store without regulatory approval. Federal Competition and Consumer Protection Commission (FCCPC) disclosed this in a statement

Fakoyejo Olalekan

August 2, 2023

Business

FCCPC Takes Down Approved Loan Apps’ List After Probe Discovers Foul Play

The Federal Competition and Consumer Protection Commission (FCCPC) has deleted the list of Digital Money Lenders (DML) approved to offer quick loan services in Nigeria. In a statement on its website, FCCPC

Fakoyejo Olalekan

August 1, 2023

Business

FCCPC To Probe Loan Apps, As Lenders Resume Customer Harassment

Loan apps in Nigeria risk another clampdown on their operations by the Federal Competition and Consumer Protection Commission (FCCPC), as they devise new ways to engage customers. Digital lending companies have been

Fakoyejo Olalekan

July 10, 2023

CBN Reveals JP Morgan’s Intention After Report On Nigeria’s Foreign Reserves

Business·Insights

12 Nigerian Digital Banks Licensed By CBN To Operate As Microfinance Banks

The microfinance banking market in Nigeria is shrinking and Nigerians are having more competitive services to choose from thanks to Financial technology (Fintech) companies. It’s no news that technology has disrupted the

Fakoyejo Olalekan

June 29, 2023

Business·Tech News

FG, Google Unveil Four Operational Requirements For Loan Apps, Aggregators

Google has stated that digital loan apps will no longer be able to access users’ data such as photos, videos and contacts amongst others. Recall that the Federal Government had stated that

Fakoyejo Olalekan

April 10, 2023

Business·Tech News

House Of Reps To Probe FairMoney, Opay, Carbon, 39 Other Loan Apps

The House of Representatives said FairMoney, OKash, Opay, Carbon, and other loan apps in Nigeria will be probed over threats received by debtors. On Thursday, the lower chambers met to review several

Fakoyejo Olalekan

December 22, 2022

Business·Personal Finance

Four Ways NPower Beneficiaries Can Collect Loans Without Collateral

Are you an NPower beneficiary in need of quick loan because the amount given by the Federal Government is not enough for your personal upkeep or to run your small business, but

Fakoyejo Olalekan

June 8, 2022

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Loan Apps: 80% Reduction In Harassment, Defamation Of Lenders Spikes Default By Borrowers

FCCPC Approves 211 Digital Loan Apps Amidst Industry Overhaul

Google Ordered To Delete Cashpal, Swiftkash, 16 Other Nigerian Loan Apps

FCCPC Takes Down Approved Loan Apps’ List After Probe Discovers Foul Play

FCCPC To Probe Loan Apps, As Lenders Resume Customer Harassment

12 Nigerian Digital Banks Licensed By CBN To Operate As Microfinance Banks

FG, Google Unveil Four Operational Requirements For Loan Apps, Aggregators

House Of Reps To Probe FairMoney, Opay, Carbon, 39 Other Loan Apps

Four Ways NPower Beneficiaries Can Collect Loans Without Collateral

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