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Tag "Loan sharks"

NDPC: We’re investigating over 400 cases of privacy breaches by loan sharks

    NDPC: We’re investigating over 400 cases of privacy breaches by loan sharks

The Nigeria Data Protection Commission (NDPC) says it is investigating over 400 cases of privacy breaches involving shadowy loan sharks in Nigeria. The commission disclosed this in its recent report

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Digital lender denies affiliation with ‘Get Loan’ app after FCCPC probe

    Digital lender denies affiliation with ‘Get Loan’ app after FCCPC probe

Sycamore Integrated Solutions Limited (SycamoreNG), a digital money lending (DML) company, has denied allegations of engaging in practices deemed illegal by the federal government. On Thursday, TheCable reported that the

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FG updates list of approved digital lenders, delists firms over illegal practices

    FG updates list of approved digital lenders, delists firms over illegal practices

The Federal Competition and Consumer Protection Commission (FCCPC) says it has updated its list of registered and approved digital money lenders (DMLs) to avoid illegal practices. The commission spoke in

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FCCPC to telcos: Don’t provide service to digital lenders under investigation

    FCCPC to telcos: Don’t provide service to digital lenders under investigation

The Federal Competition and Consumer Protection Commission (FCCPC) has directed telecommunication companies to desist from providing connectivity services to digital lenders that are under investigation. Babatunde Irukera, chief executive officer,

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CAN asks CBN to tackle menace of digital lenders charging ‘ungodly interests’

  CAN asks CBN to tackle menace of digital lenders charging ‘ungodly interests’

The Christian Association of Nigeria (CAN) has asked  the Central Bank of Nigeria (CBN) to tackle the menace of “loan

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Avoid loan sharks, leverage on microfinance banks, Emefiele tells Nigerians

  Avoid loan sharks, leverage on microfinance banks, Emefiele tells Nigerians

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says Nigerians should beware of illegal money lenders, known as

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