FG delists 37 illegal loan app — Report


The number of delisted loan apps by the federal government has risen from nine to 37.

This according to Punchng citing the Federal Competition and Consumer Protection Commission’s news report.

As per the publication, the number of fully approved loan apps also grew to 164 from 154 as of its last updates on Federal Competition and Consumer Protection Commission’s website on Monday.

It said, those of loan apps with conditional approval declined to 38 from 40, and the number of apps on the commission’s watchlist grew to 56 from 20.

The developments arose from a sustained shakeup of the digital money lending space by the FCCPC following harassment of Nigerians by the lenders.

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