The federal government and Google have implemented new restrictions on digital loan apps available on the Play Store platform, aimed at safeguarding users from predatory lending practices.
This move comes just a few days after the Federal Government of Nigeria licensed 117 digital loan apps to serve Nigerians.
The new policy, which comes into effect on May 31, also applies to other countries.
NigeriaDNA is a Direct News source that delivers the latest news, buzz, and stories from some of Nigeria’s most popular and trusted news websites. NigeriaDNA facilitates this by publishing headlines linking to breaking news and curated snippets from a diverse range of Nigerian credible, independent, and public-interest news sources. Our editors make it easy for Nigerians abroad and diaspora to discover top news stories in real-time as they're posted and directly linked to Nigeria's authoritative News Sources.
© 2024 All Rights Reserved | Curated and Powered by Nigeria DNA
