FG authorises 173 loan apps, bans illicit internet banks
One hundred and seventy-three applications for digital loans to operate in the nation have been granted approval by the Federal Competition and Consumer Protection Commission (FCCPC). Fifty-four of the 173 have provisional permissions, while 119 have full approvals. The FCCPC launched a registration effort to defend individuals from the abuses of these applications when loan apps began bothering Nigerians. The …