The Nigerian government through the Federal Competition and Consumer Protection Commission (FCCPC) has delisted another 18 Digital Money Lenders (DMLs) for operating without regulatory approval.
Babatunde Irukera, the executive vice chairman of the FCCPC revealed this in a statement on Wednesday, August 2, in Abuja.
Irukera said the DMLs were operating in violation of the Limited Interim Regulatory/Registration Framework and Guidelines for Digital Lending, 2022.
He said the commission had entered an order to Google to remove the applications from Playstore, adding that the order was also to prohibit payment gateways or services from providing or continuing services to the affected businesses.
The delisted DMLs are as follows:
Getloan
Joy Cash-Loan Up to 1,000,000
Camelloan
Cashlawn
Nairaloan
Eaglecash Moneytreefinance Made Easy
Luckyloan
Personal Loan
Cashme
Easynaira
Swiftcash
Crediting
Swiftkash
Hen Credit loan
Nut loan
Cash door
Cashpal
Nairaeasy gist loan
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