3 results
- 13 Mar 2022
FG Shuts 7 Online Banks, Freezes Accounts
At least seven digital loan companies operating in Ikeja, Lagos, were raided in a joint operation with the Federal Competition and Consumer Protection Commission (FCCPC) on Friday for a “possible…
- 4 Jul 2022
FG Probes Firm for Supporting Online Loan Sharks
Federal government is investigating the role of an unnamed consulting firm for supporting the illegal activities of some online lenders in Nigeria, according to Dr Vincent Olatunji, national…
- 3 Sept 2025
Loan Sharks to Face N100m Fine for Consumer Abuse, Data Privacy Breaches
Federal Competition and Consumer Protection Commission (FCCPC) has officially issued the Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulations (DEON Consumer Lending…