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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Nigeria probes 400+ privacy breaches linked to loan apps

The Nigeria Data Protection Commission (NDPC) is probing over 400 incidents of privacy violations linked to digital lenders, commonly referred to as loan apps, the agency has said.

<p>The post Nigeria probes 400+ privacy breaches linked to loan apps first appeared on Technology Times.</p>

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