FCCPC moves to clampdown on erring digital money lenders in Nigeria
The Federal Competition and Consumer Protection Commission, FCCPC, has moved against Digital Money Lenders, DMLs, violating its regulations. Adamu Abdullahi, acting Executive Vice Chairman/Chief Executive Officer of FCCPC, disclosed this in a statement on Monday, noting an upsurge in violations of its regulations by DMLs. According to him, the Commission is intensifying enforcement efforts and adopting a zero-tolerance stance towards exploitation of consumers and other abusive conduct by DMLs. Recall […]
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