Prøve GULL - Gratis
FCCPC Enforces N100m Fine on Rogue Loan Apps
The Business NG
|The BusinessNG
The Federal Competition and Consumer Protection Commission (FCCPC) has begun enforcing a new regulation that slams non-compliant digital lending operators with fines of up to N100 million or 1% of annual turnover, as Nigeria intensifies its crackdown on unethical lending practices.
-
The Commission, in a statement issued Wednesday, confirmed the official commencement of the Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulations (DEO
Denne historien er fra The BusinessNG -utgaven av The Business NG.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Business NG
The Business NG
Investors, Traders Panic as Trump's Threat Hits Market Confidence
●NGX Witnesses Sell-Off, Loses N2.8trn
1 min
The BusinessNG
The Business NG
Parents, Students Panic Over Sudden 2026 WAEC Subject Change
Air Force School Raises Alarm Over New Subjects
1 min
The BusinessNG
The Business NG
Naira Sustains Strength, Trades Below N1,450/$, N1,900/£ in Market Rally
The Nigerian Naira continued its impressive rebound against major foreign currencies this week, maintaining a strong position against the British pound sterling and holding steady against the U.S. dollar at the official market.
1 min
The BusinessNG
The Business NG
Soludo Wins Decisive Victory in Anambra Governorship Election
The Independent National Electoral Commission (INEC) has announced the final results of the Anambra governorship election, confirming a decisive win for Charles Soludo of APGA.
1 min
The BusinessNG
The Business NG
NGX Plans to Extend Trading Hours for Flexible Market Schedule
The Nigerian Exchange Limited (NGX) has proposed amendments to its trading rules to allow greater flexibility in market hours and strengthen liquidity across the capital market.
1 min
The BusinessNG
The Business NG
Tinubu Seeks N1.15 Trillion Domestic Loan to Bridge 2025 Budget Gap
President Bola Tinubu has requested the National Assembly's approval to raise N1.15 trillion through the domestic debt market to fund a shortfall in the 2025 federal budget.
1 min
The BusinessNG
The Business NG
Many Feared Dead, Others Missing as Suspected Herdsmen Attack Ohimini, Benue
Several villagers are feared dead, while many others remain missing following a suspected herdsmen attack on Anwule community in Oglewu, Ohimini Local Government Area of Benue State. BusinessNG gathered that
1 min
The BusinessNG
The Business NG
Naira Slumps as Trump's War Threat Rattles Nigeria's Forex Market
Nigeria's foreign exchange market began the week on a volatile note as the naira weakened sharply following remarks by U.S. President Donald Trump threatening possible military action against Nigeria over alleged religious persecution.
1 min
The BusinessNG
The Business NG
Medical Tourism in Nigeria Crashes as Forex Costs Push Citizens Home
Nigerians' spending on foreign medical treatment has virtually collapsed in the first quarter of 2025, highlighting the impact of rising exchange rates and stricter forex policies on medical tourism. Data from the Central Bank of Nigeria
1 min
The BusinessNG
The Business NG
Alleged Christian Genocide: U.S.-Nigeria Relations Face Heightened Tensions
Tensions between the United States and Nigeria appear to be escalating after President Donald Trump
1 min
The BusinessNG
Listen
Translate
Change font size