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FCCPC dismisses false claims of approving 48 new digital loan applications in NigeriaRegulator complies with court order, halting licensing of new digital lenders under suspended regulationsPublic urged to rely on official FCCPC updates, rejecting misleading information from unofficial sources
Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.
The Federal Competition and Consumer Protection Commission (FCCPC) has dismissed reports claiming it approved 48 additional digital loan applications, insisting that no new licences have been issued to digital lenders in Nigeria.
The commission described the reports as false and misleading, urging the public to disregard the publication and rely only on information released through its official communication channels.
New loan apps approved? FCCPC breaks the silence on reports. Credit: NovatisSource: Getty Images
FCCPC rejects reports of new loan app approvals
In a statement shared on its official X account on Sunday, the FCCPC refuted a publication titled
