The Federal Government through the Federal Competition and Consumer Protection Commission has said it will release a list of illegal (unregistered) digital loan apps operating in Nigeria.
It also said it would delist two legal (registered) loan apps from Google Play Store for harassing Nigerians.
According to the FCCPC on Thursday, it had added digital money lenders that had refused or failed to register under its guidelines on its watchlist for strict surveillance and necessary action.
In a statement signed by the Executive Vice Chairman/ Chief Executive Officer, Babatunde Irukera, the FCCPC said, “The commission has also placed digital money lenders that have refused or failed to register under the guidelines on its watchlist for strict surveillance and necessary action.