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