Approved Digital Loan Apps in Nigeria Surge to 320 Amid High Demand
The number of companies authorized to provide digital loans to Nigerians, commonly referred to as loan apps, has increased to 320 in September, up from 284 in May. The 320 companies now operating in the digital loan market have received approval from either the Federal Competition and Consumer Protection Commission (FCCPC) or the Central Bank of Nigeria (CBN) to provide these services. A review of the FCCPC database shows that […]
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