Just another News Updates
The Nigerian Communications Commission (NCC) has issued a strong warning to loan app companies and telemarketers regarding their unauthorized use of telecoms subscribers’ phone numbers for commercial purposes. In a public notice released on Thursday, the commission stated that individuals caught engaging in this practice would face arrest and prosecution. The telecom regulator views the […]
The Federal Government through the Federal Competition and Consumer Protection Commission has asked Google to remove 18 more digital loan apps from the Google Play store. The commission stated that these apps are operating on the Google Play store without regulatory approval or in violation of the Limited Interim Regulatory/Registration Framework and Guidelines for Digital […]
The Federal Competition and Consumer Protection Commission has said it will delist any loan application harassing customers and ask Google to permanently delete such apps from its app store. This was in response to the continued harassment and defamation being meted on Nigerians by these digital lenders. It was also the newest measure implemented by […]
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 of people’s privacy, breaching Nigeria’s data laws among others. Federal Competition and Consumer Protection Commission (FCCPC) reports that, […]