Tag: Loan apps: FCCPC says new regulation to address rising debt coming in 2024

Loan apps: FCCPC says new regulation to address rising debt coming in 2024

The Federal Competition and Consumer Protection Commission (FCCPC) has said it would be developing a new regulatory framework to address Nigerians’ rising indebtedness to digital money lenders (DMLs), known as loan apps. The Chief Executive Officer of the Commission, Mr. Babatunde Irukera, disclosed this recently while featuring on a TVC[Read More…]