FCCPC To Close Loan Apps Over Customer Harassment, Defamation

FCCPC To Close Loan Apps Over Customer Harassment, Defamation

The Federal Competition and Consumer Protection Commission of Nigeria (FCCPC) has announced that it will remove any loan application that harasses users and request that Google permanently remove such apps from its app store.

The commission made this statement in response to ongoing allegations of harassment and defamation directed at Nigerians by these online lenders.

It was also the Federal Government’s most recent effort to safeguard Nigerians from the actions of these online lenders.

Related posts

Interest Rate Jumps to 26.75% As Monetary Authority Tightens Policy

National Minimum Wage: Senate Speedily Passes Bill Stipulating N70,000

Can Dangote Survive Slippery Oil Sector ?