In exercise of its powers under sections 17, 18 and 163 of the Federal Competition and Consumer Protection Act (FCCPA), 2018, the Federal Competition and consumer Protection Commission (FCCPC) in August 2022, released the Limited Interim Regulatory/Registration...
Nowadays, it is not uncommon to receive text messages, calls, etc from digital lending companies popularly ascribed the name “loan apps” requesting third parties to pay or inform a defaulter of his loan obligations. These digital loan companies often...