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Loan Apps Face Crackdown as FCCPC Enforces 2% Cap
The Business NG
|The BusinessNG
The Federal Competition and Consumer Protection Commission (FCCPC) has rolled out fresh regulations to monitor and curb exploitative interest rates charged by Nigeria's digital lenders, triggering backlash from operators in the booming loan app market.
The new directive, contained in the Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulations 2025, empowers the Commission to track lending rates and ensure they are n
यह कहानी The Business NG के The BusinessNG संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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Alleged Christian Genocide: U.S.-Nigeria Relations Face Heightened Tensions
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