From May 31, 2023, loan apps on the Play Store won’t be able to access the contacts or photographs of its users. This came as the Federal Government said it would enforce the latest policy by Google, saying the action was consistent with the Nigerian authorities’ move to curtail the invasion of customers’ privacy by loan app firms. The Federal …

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 …