CBN Cuts Interest Rate to 26.5% as Digital Lenders Prepare Gradual Adjustments
This follows a decline in inflation, which has fallen for 11 consecutive months to 15.1% in January, according to CBN ...
This follows a decline in inflation, which has fallen for 11 consecutive months to 15.1% in January, according to CBN ...
High-cost borrowing often forces people to take new loans to pay off existing debts, creating a vicious debt cycle, particularly ...
…turned to using Android Application Packages (APKs) to reach their customers
The commission is spearheading the development of the Nigeria Data Protection Act-General Application and Implementation Directive, which aims to tackle ...
…Renmoney edging ahead, but youth backing FairMoney
… Delisted from Play Store Nigerian Government on Monday, September 11, 2023, delisted thirty-seven (37) more illegal loan apps. This ...
Federal Competition and Consumer Protection Commission Sets Conditions for Registration of Loan Apps Removed from Google Play Store The Federal ...
More measures to ensure privacy have been put in place to ensure that digital lenders, otherwise known as loan apps, ...
According to the Monetary Policy Committee of the Central Bank of Nigeria (CBN), Nigerian banks offered 130,854 new credits worth ...
The operations of 94 businesses as digital money lenders in Nigeria have been authorized by the Federal Competition and Consumer ...
Carbon, Branch, and Fairmoney are some of the leading lending Apps that are in compliance with CBN regulations.
Last August, the National Information Technology Development Agency (NITDA) fined Soko Lending Company Limited (Soko Loans) the sum of N10 ...
