Nigeria’s Federal Competition and Consumer Protection Commission, FCCPC, said it will remove any loan application harassing customers and ask Google to permanently delete such apps from its app store.
The commission said this in response to the continued complaints of harassment and slander being meted on Nigerians by these digital lenders.
It was also the newest measure implemented by the Federal Government to protect Nigerians from the activities of these digital lenders.
Earlier in the year, the FCCPC made it mandatory for loan apps to be register with it.
So far, 180 apps had got full or conditional approval from the commission to operate in the country.
Also, according to Google’s recent announcement, it was stated that no loan app would be allowed on its app store without regulatory approval.
In April, Google announced that loan apps on Play Store would lose their ability to access users’ contacts or photos from May 31, 2023.
The Chief Executive Officer of the FCCPC, Babatunde Irukera, said the commission was ready to permanently shut down the activities of these apps.
