The Federal Competition and Consumer Protection Commission (FCCPC) has expressed concern about what it sees as an increase in digital lenders, often known as loan applications, breaking its Limited Interim Regulatory/Registration Framework and Guidelines. The Commission in a statement signed by its Acting Executive Vice Chairman/ Chief Executive Officer, Dr. Adamu Abdullahi, said the infractions…
President Bola Tinubu has sacked the Chief Executive Officers of Federal Competition and Consumer Protection Commission (FCCPC), Babatunde Irukera, and Bureau of Public Enterprises (BPE), Alexander Ayoola Okoh. The Presidency in a statement on Monday said the dismissal of the CEOs was in conformity with plans to restructure and reposition critical agencies of the Federal…
The Federal Government through the Federal Competiton and Consumer Protection Commission (FCCPC) has plans to Tighten rules and regulations for Fintech digital lending services in year 2024. These regulations are meant to improve loan recovery methods in the country in the face of rising default rates. The Chief Executive Officer of the Commission, Mr Babatunde…
