Regulator tightens noose on digital money lenders as 154 get licenced

Regulator tightens noose on digital money lenders as 154 get licenced

Chief Executive Officer, FCCPC, Babatunde Irukera The Federal Government through the Federal Competition and Consumer Protection Commission has released new a list of 154 fully approved digital lenders licensed to operate in the country. It gave 40 others conditional approval, added 20 to its watch list, and delisted nine apps. It also noted that four…

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Only 260,000 consumers pay electricity bill in Kano — KEDCO

Only 260,000 consumers pay electricity bill in Kano — KEDCO

Only 260,000 consumers pay their electricity bill regularly in Kano, the Kano State Electric Distribution Company, KEDCO, told participants at a workshop in Kano. According to KEDCO on Tuesday, there were 600,000 consumers in its book, blaming corruption for the loss of huge revenue. DAILY COMMERCE Nigeria reports that KEDCO was among some electricity distribution…

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