Tag: FG Issues New Directive Over Rising Debt From Loan Apps

  • FG Issues New Directive Over Rising Debt From Loan Apps 

    FG Issues New Directive Over Rising Debt From Loan Apps 

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    by

    Olumide Akinrinlola
    in

      By: Ade Phillips   The Federal Competition and Consumer Protection Commission announced plans to create a new regulatory framework to address Nigerians’ growing reliance on digital money lenders, often known as loan apps.   The Commission’s Chief Executive Officer, Mr. Babatunde Irukera, revealed this on Monday while appearing on a TVC live program. Irukera stated…