Economy and Business

Nigerian govt continues clampdown on loan apps, delists 37 illegal operators

The Nigerian government, through the Federal Competition and Consumer Protection Commission (FCCPC), has continued its clampdown on illegal loan apps in the country.

In its latest report, the FCCPC reveals that 37 loan apps have been delisted.

The move followed a sustained shakeup of the digital money lending space by the FCCPC after harassment of Nigerians by the lenders.

According to the commission, delisted loan apps were permanently deleted by Google from the Play Store.

It stated that the list of delisted apps included “Swiftkash App, Hen Credit Loan App, Cash Door App, Joy Cash-Loan Up To 1,000,000 App, Eaglecash App, Luckyloan Personal Loan App, Getloan App, Easeloan Apps, Naira Naija, Cashlawn App, Easynaira App, Crediting App, Yoyi App, Nut Loan App, Cashpal App, Nairaeasy Gist Loan App, Camelloan App, Nairaloan App, Moneytreefinance Made Easy App.

“Cashme App, Secucash App, Creditbox App, Cashmama App, Crimson Credit App, Galaxy Credit App, Ease Cash App, Xcredit, Imoney, Naira Naija, Imoneyplus-Instant, Nairanaija-Instant, Nownowmoney, Naija Cash, Eagle Cash, Firstnell App, Flypay, and Spark Credit.”

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