FCCPC Declares War on Loan Apps To Save Nigerians From Harassment

Harsh Economy: More Nigerians Besiege Loan Apps for Credit, Lenders' NPLs Rise

FCCPC’s Declaration of War on Loan Apps: Safeguarding Nigerians from Harassment.    In a decisive move aimed at protecting consumers from the pervasive harassment and intimidation tactics employed by certain loan apps, the Federal Competition and Consumer Protection Commission (FCCPC) in Nigeria has vowed to take stringent measures against these platforms, colloquially known as loan … Read more

Harsh Economy: More Nigerians Besiege Loan Apps for Credit, Lenders’ NPLs Rise

Harsh Economy: More Nigerians Besiege Loan Apps for Credit, Lenders' NPLs Rise

Coping with Nigeria’s Tough Economy: Loan App Dependency Surges as Lenders Face Non-Performing Loans.   In light of Nigeria’s challenging economic climate, an increasing number of individuals are turning to digital loan apps to alleviate financial strain. However, this surge in borrowing has led to a concerning rise in unrecovered loans, posing significant challenges for … Read more