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FCCPC slams N100m sanction on loan apps over unethical practices

The Federal Competition and Consumer Protection Commission (FCCPC) has placed a N100m sanction on loan apps to curb unethical practices by digital lenders in Nigeria. Tunji Bello, Commission’s Executive Vice Chairman and CEO, made the disclosure in Abuja on Wednesday, and was signed by Ondaje Ijagwu, FCCPC’s Director of Corporate Affairs. According to the statement, […]