Apart from violating the terms by Google playstore, the loan apps have also been alleged to contravene Nigeria’s data privacy law on one hand, and cyber security law on the other
The total number of approved digital lenders in Nigeria has surged by 64.16 percent since April 2023, reflecting the growing credit appetite of Nigerians facing weaker purchasing power and higher prices.
According to the Federal Competition and Consumer Protection Commission (FCCPC), the number
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