Full list emerges as Nigerian govt delists 18 more digital money lenders

Full list emerges as Nigerian govt delists 18 more digital money lenders

The Nigerian government through the Federal Competition and Consumer Protection Commission (FCCPC) has delisted another 18 Digital Money Lenders (DMLs) for operating without regulatory approval.

Babatunde Irukera, the executive vice chairman of the FCCPC revealed this in a statement on Wednesday, August 2, in Abuja.

Irukera said the DMLs were operating in violation of the Limited Interim Regulatory/Registration Framework and Guidelines for Digital Lending, 2022.

He said the commission had entered an order to Google to remove the applications from Playstore, adding that the order was also to prohibit payment gateways or services from providing or continuing services to the affected businesses.

The delisted DMLs are as follows:

  1. Getloan

  2. Joy Cash-Loan Up to 1,000,000

  3. Camelloan

  4. Cashlawn

  5. Nairaloan

  6. Eaglecash Moneytreefinance Made Easy

  7. Luckyloan

  8. Personal Loan

  9. Cashme

  10. Easynaira

  11. Swiftcash

  12. Crediting

  13. Swiftkash

  14. Hen Credit loan

  15. Nut loan

  16. Cash door

  17. Cashpal

  18. Nairaeasy gist loan

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