FCCPC gives Primera MFB full approval for digital lending
The Federal Competition and Consumer Protection Commission (FCCPC) have fully approved the operations of Primera Microfinance Bank as a digital lender in Nigeria. This development follows the investigation by the Inter-Agency Joint Task Force on the Digital Lending Apps, after which the FCCPC mandated the registration of moneylenders to the Limited Interim Regulatory Framework and Guidelines for Digital Lending 2022.
by Waliat Musa
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