FG’s low-interest credit scheme is about to upend Nigeria’s loan app market
The Federal Government’s consumer credit scheme anchored by the Nigeria Credit Corporation is a game changer in the money lending ...
Tag: Loan Apps
Loan apps: Approved digital lenders in Nigeria swell to 320 in September as demands for credits surge
The number of companies approved to provide loans to Nigerians through digital platforms popularly known as loan apps has jumped ...
High interest rates, surging non-performing loans threaten loan app business in Nigeria
The digital lending space in Nigeria is currently in dire strait as both the lenders and the borrowers are lamenting ...
FCCPC: Approved loan apps companies in Nigeria rise to 284 in May 2024
According to the FCCPC database, a total of 232 companies have been granted full approval to operate as digital lenders ...
Loan apps: NDPC investigating over 400 cases of privacy breaches
The Nigeria Data Protection Commission (NDPC) is currently investigating over 400 cases of privacy breaches involving digital lenders, popularly known ...
Loan app business booms in Nigeria as approved digital lenders hit 263
The digital lending space in Nigeria is attracting more players by the day, leading to a steady increase in the ...
Harsh economy: More Nigerians besiege loan apps for credit, lenders’ NPLs rise
More Nigerians are now resorting to credit from loan apps to survive as the harsh economic conditions bite harder, Nairametrics ...
Top 10 loan apps in Nigeria by user ratings as of January 2024
Despite challenges surrounding their mode of operations, especially concerning debt recovery, loan apps or digital money lenders continue to play ...
Loan apps: FCCPC says new regulation to address rising debt coming in 2024
The Federal Competition and Consumer Protection Commission (FCCPC) has said it would be developing a new regulatory framework to address ...
Top 5 loan apps in Nigeria as of August 2023
The digital lending space in Nigeria continues to boom despite the issues around unethical practices by some of the lenders ...
