Consumer watchdog sets ₦100m fine to check abuse in digital lending sector

Nigeria’s consumer protection regulator has unveiled new rules targeting harassment and exploitative practices in the digital lending sector, with violators risking penalties of up to ₦100 million ($65,000) or 1% of their annual turnover. FCCPC: New rules to protect Nigerians from unethical digital lending The Federal Competition and Consumer Protection Commission (FCCPC) says its new […]

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India’s Indus Towers begins global expansion in Nigeria 

Indus Towers Limited, India’s largest telecoms tower company, has announced plans to expand internationally, beginning with Nigeria as its entry point into Africa. Indus Towers says its move into Africa is anchored on its long-standing partnership with Bharti Airtel, one of the continent’s largest mobile operators that also owns Airtel Nigeria, the nation’s second largest […]

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