Loan apps

Full List: FG Delists 37 Illegal Loan Apps

THEHBREPORT.COM - September 12, 2023

The Federal Government has delisted 37 illegal digital money-lending apps to sanitize the sector. This was disclosed by the Federal Competition and Consumer Protection Commission’s latest report on approved digital money lender apps. Accordingly, FCCPC’s delisted DML apps grew from nine to 37. Meanwhile, the approved digital money lending list increased to 164 from 154. […]

FG Approves 173 Loan Apps, Bars Illegal Online Banks

THEHBREPORT.COM - April 4, 2023

The Federal Competition and Consumer Protection Commission has approved 173 digital lending applications to operate in the country. Of the 173, 119 have full approvals and 54 have conditional approvals. After loan apps started harassing Nigerians, the FCCPC began a registration drive to protect citizens from the atrocities of these apps. It released a ‘Limited […]

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