Online Harassment: FG Clampdown on Loan Apps, Delist Two
The Federal Government through the Federal Competition and Consumer Protection Commission has said it will release a list of illegal (unregistered) digital loan apps operating in Nigeria.
It also said it would delist two legal (registered) loan...
TCN: Nigeria's Power Supply Improves to 92,490.1MWh
The Transmission Company of Nigeria (TCN) report says Nigeria’s electricity supply on Monday increased by 7% to 92,490.1MWh, compared to Sunday's value of 86,450.66MWh.
Energy generated also increased by 7% to 93.703.1MWh, from 87,600.87MWh recorded in the previous day.
Nigeria's...
Digital Loan Sharks Agree To Stop Threatening, Defaming Defaulters
Digital money lenders also known as Digital loan sharks who are willing to continue operations in Nigeria must agree to certain conditions, the Federal Competition and Consumer Protection Commission (FCCPC) has disclosed.
Executive Vice Chairman and Chief Executive...
"Some Lenders Seek Cooperation with Us" Says FCCPC
The Federal Competition and Consumer Protection Commission (FCCPC) says some lenders under investigation and whose accounts were frozen has approached the Commission and expressed a desire to cooperate with the agency.
The executive vice president of the FCCPC,...
CAN to Finance Ministry: Regulate Loan Sharks Before Nigerians Commit Suicide
The Christian Association of Nigeria (CAN) has urged the Ministry of Finance, the Central Bank of Nigeria (CBN) and other regulators to take action against loan sharks.
The apex religious body called on CBN Governor,...
FG Finally Takes Action Against Online Loan Apps -FCCPC
The federal government of Nigeria has finally taken steps to crackdown online loan apps parading as lenders in Nigeria.
The federal government says online loan companies have caused a lot of damages in the country through invasion...
