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    Google delists 18 digital money lenders – FCCPC

    Opalim LiftedBy Opalim LiftedAugust 2, 2023No Comments2 Mins Read
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    The Federal Competition and Consumer Protection Commission (FCCPC) has delisted another 18 Digital Money Lenders (DMLs) for operating without regulatory authorization in agreement with Google.

    Mr. Babatunde Irukera, the Commission’s Executive Vice Chairman, stated this on Wednesday in Abuja.

    According to Irukera, the DMLs are in breach of the Limited Interim Regulatory/Registration Framework and Guidelines for Digital Lending, 2022.

    He stated that the commission has issued an order to Google to remove the apps from the Play Store.

    According to Irukera, the injunction also prohibits payment gateways or services from offering or continuing to provide services to the impacted firms.

    • Juliet Ehimuan, Google’s first West Africa director resigns 

    Getloan, Joy Cash-Loan Up to $1,000,000, Camelloan, Cashlawn, Nairaloan, Eaglecash Moneytreefinance Made Easy, and Luckyloan were among the delisted DMLs, according to him.

    Personal Loan, Cashme, Easynaira Swiftcash, Crediting, Swiftkash, Hen Credit Loan, Nut Loan, Cash Door, Cashpal, and Naira Easy Gist Loan are among the others.

    He stated that the commission will continue to work with Google to determine how and why apps that have not gotten the necessary regulatory clearances are available on its platform (the Play Store).

    “DMLs are reminded that infractions or infringements may lead to permanent delisting and prohibition, as well as law enforcement action, including prosecution,” he stated.

    Irukera reaffirmed the commission’s commitment to ensure that digital money lending businesses are lawful and ethical.

    He urged customers to use only authorized DMLs.

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    Police nab church member over kidnap of two Catholic Priests in Adamawa

    Police bust human trafficking syndicate, rescue 40 Ghanaians in Ondo 

    July 5, 2025
    Adeleke denies defection rumours

    Adeleke not defecting to APC, Osun PDP declares

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    Tiwa Savage marks 12 years of debut album ‘Once Upon a Time’

    July 5, 2025
    Nine-man PSG stun Bayern to reach Club World Cup semis

    Nine-man PSG stun Bayern to reach Club World Cup semis

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    NLC vows protest if NASS attempts to decentralise minimum wage

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