Tag: Digital money lenders
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FCCPC delists digital money lenders, Getloan and Camelloan
The Federal Competition and Consumer Protection Commission (FCCPC) has de-listed two Digital Money Lenders (DMLs) for illegal, prohibited and unregulated activities. The Executive Vice Chairman of FCCPC, Mr Babatunde
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FCCPC comes hard on Online Money Lenders, institute criminal prosecution against them
The Federal Competition and Consumer Protection Commission (FCCPC) says it will proceed to institute criminal prosecution against any digital money lender whose conduct is in violation of extant laws. Mr Babatunde Irukera, the Executive Vice Chairman of the FCCPC, said this in a document signed on behalf of the Joint Regulatory Task Force (JRTF) addressing…