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FCCPC Urges Nigerians to Report Harassing Loan Apps, Businesses

Published

11 months ago

September 24, 2025

Federal Competition and Consumer Protection Commission (FCCPC) has called on Nigerians to report loan apps and businesses that harass or intimidate them over unpaid loans, stressing that no consumer should live in fear.....KINDLY READ THE FULL STORY HERE▶

The commission made the statement on Saturday, saying it is committed to protecting citizens from unfair practices in the growing digital lending sector.

Call to Action

FCCPC officials said Nigerians should file complaints directly through the commission’s website, social media platforms, or physical offices. Consumers are also encouraged to provide evidence such as text messages, call recordings, or screenshots of abusive communications.

“No consumer should live in fear,” the commission said. “Loan repayment must be handled responsibly. Harassment, threats, and intimidation are unacceptable.”

Rising Complaints

The warning comes after an increase in reports of aggressive debt recovery methods by some online loan providers. Many borrowers have alleged that apps publicly shame them, threaten family members, or invade their privacy when loans are not repaid on time.

According to the FCCPC, such practices are illegal and violate consumer protection laws. The agency said businesses found guilty of harassment could face fines, suspension, or permanent shutdown.

Background on Loan Apps

Digital loan apps have become popular in Nigeria due to their quick and easy access to credit. Many citizens, especially small business owners and low-income earners, turn to these platforms because they often lack access to traditional banking services.

However, regulators have raised concerns about how some companies operate. Borrowers often complain of high interest rates, hidden charges, and the use of personal data for public shaming.

The FCCPC has been investigating these issues for several years. In 2022, the commission launched a joint task force with the Central Bank of Nigeria, the Nigerian Police Force, and the National Information Technology Development Agency to address unethical loan recovery practices.

Enforcement Efforts

The FCCPC said it has already sanctioned several loan companies that engaged in harassment. Some were delisted from app stores, while others were forced to change their operations to comply with regulations.

Still, the commission admitted challenges remain, as new loan apps continue to appear online. Many operate without proper registration or approval, making it harder for authorities to monitor them.

“The public should remain vigilant,” the FCCPC said. “Only use digital lenders that are approved and listed on the commission’s registry. Report any suspicious activity immediately.”

Public Reaction

Some Nigerians welcomed the commission’s statement, saying it gave hope to victims of harassment.

“I borrowed a small loan for my business,” said Lagos trader Mariam Adebayo. “When I could not repay on time, they started calling my family and sending messages to my customers. It was very embarrassing. I am glad the FCCPC is speaking up.”

Others urged the government to move beyond warnings and take tougher action against offenders. “People have complained for years,” said activist group Digital Rights Watch. “What Nigerians need is stricter enforcement, not just advice to report cases.”

Next Steps

The FCCPC promised to expand public awareness campaigns and strengthen cooperation with other agencies. It said protecting consumers in the digital lending space is part of its wider mission to promote fairness in Nigeria’s marketplace.

“Loan apps must follow the law,” the agency said. “Consumers have rights, and the commission will defend those rights.”

For now, Nigerians facing harassment are advised to document their experiences and reach out to the FCCPC for help.

The commission said cases will be investigated, and offenders will be held accountable.

With the digital loan sector still growing, experts say the outcome of these efforts will shape how Nigerians access credit in the future.

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THE ULTIMATE CLIMDOWN: Inside UEFA’s Shocking Decision To Back Down From FIFA!.

Published

2 hours ago

August 26, 2026

NivoNews

End of Boycott Threat: European football nations are poised to withdraw their threat to boycott FIFA competitions after receiving key assurances from the global governing body, averting a standoff between UEFA and FIFA President Gianni Infantino [cite: European football nations are set to back down from their threat to boycott FIFA competitions after reportedly receiving assurances from the world football governing body., The development is expected to end an immediate standoff between UEFA and FIFA President Gianni Infantino, following a controversial proposal that had sparked strong opposition from European football officials.].....KINDLY READ THE FULL STORY HERE▶
- Origins of the Crisis: The tension began last month when UEFA threatened to pull European teams from FIFA events over Infantino’s controversial plan to sell private investor shares in a commercial venture tied to the World Cup. Although Infantino dropped the proposal, UEFA sought guarantees against future structural changes.
- Upcoming Tournaments: Following assurances reported by Sky News to be discussed in Monaco, England and other European nations are set to participate in the upcoming FIFA Under-20 Women’s World Cup in Poland as scheduled, resolving the immediate crisis [cite: According to Sky News, those assurances have now been provided and are expected to be discussed during meetings in Monaco on Thursday., The development means England and other European countries are expected to take part in the FIFA Under-20 Women’s World Cup in Poland next week as scheduled., Their participation will bring an end, at least for now, to the threat of a European boycott of FIFA competitions.].
- Leadership and Elections: While UEFA and various global vice presidents have challenged Infantino’s leadership, the Under-20 tournament offers him a public platform ahead of the Women’s World Cup in June 2027 [cite: UEFA has remained at the forefront of efforts to challenge Infantino’s leadership, with reports suggesting that some FIFA vice presidents from Asia, Europe and North America have also backed the push., The Under-20 Women’s World Cup is also expected to give Infantino a chance to make a public appearance as FIFA president despite the ongoing divisions within the organization., reports that the next senior FIFA tournament will be the Women’s World Cup in June 2027.]. Meanwhile, Infantino has yet to declare his stance for the presidential election slated for March, with prospective candidates facing a November deadline to secure backing from at least five football associations [cite: However, the tournament will come after the FIFA presidential election scheduled for March next year., Infantino has not yet publicly declared his position regarding the election, while potential candidates have until November to secure the backing of at least five football associations required to enter the race.].

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2027 RACE EXPLODES: Malami Breaks Silence, Names Campaign DG And Shakes Up The Political Landscape!.

Published

2 hours ago

August 26, 2026

NivoNews

ADC Campaign Council Inauguration: Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami—who is running for Governor of Kebbi State alongside running mate Musa Zagi on the African Democratic Congress (ADC) platform—inaugurated a massive campaign council comprising over 600 members from across the state’s senatorial districts and local governments [cite: Former Attorney-General of the Federation Abubakar Malami, has inaugurated the African Democratic Congress (ADC) campaign council in Kebbi State., The inauguration was held on Wednesday as more than 600 party members were unveiled as part of the campaign council, with representatives drawn from different local government areas, senatorial districts, communities and political backgrounds across Kebbi State., Abubakar Malami is contesting for Governor of Kebbi State on the ADC platform and Musa Zagi is his running mate.].....KINDLY READ THE FULL STORY HERE▶
- Leadership Appointment: Rt. Hon. Sani Tadurga, a former Deputy Speaker of the Kebbi State House of Assembly, was appointed as the Director-General to coordinate the party’s statewide campaign activities and mobilize support [cite: reports that the former Minister of Justice named Rt. Hon. Sani Tadurga as the Director-General of the campaign team., Tadurga, a former Deputy Speaker of the Kebbi State House of Assembly, will coordinate the campaign activities of the ADC in the state and work with other members of the council to mobilise support for the party’s candidates.].
- Unified Strategy: Malami emphasized that the council unites all elective positions—from governorship down to the state assembly—under one collective political family and urged members to work cohesively [cite: Speaking at the event, Malami said the new campaign structure was designed to bring the party’s candidates and supporters under one coordinated platform., “This Campaign Council represents our collective ADC campaign. It is not about one candidate or one elective position. From the governorship to the Senate, House of Representatives and State House of Assembly, we must work as one political family,” Malami said.].
- Call for Inclusivity: He cautioned against internal rivalries, tribalism, and sectional interests, stressing that every community, ward, and district across Kebbi State must feel included in the political movement [cite: He urged members of the council to avoid tribalism, sectional interests and internal rivalry, warning that such divisions could weaken the party’s campaign., Malami said every part of Kebbi State should be included in the political movement, adding that no tribe, senatorial district, local government, ward or community should feel left out.].

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MARRIAGE MADNESS: Nollywood Star Ronke Oshodi Drops Shocking Confession That She Almost Went Insane After Walking Down The Aisle!.

Published

2 hours ago

August 26, 2026

NivoNews

Struggles in Early Marriage: Nollywood actress Ronke Oshodi Oke shared during an interview on African A-List that she faced severe challenges shortly after getting married, which heavily impacted her physical and emotional well-being [cite: Nollywood actress Ronke Oshodi Oke has spoken on the difficult period she experienced during her marriage., The actress shared the experience during an interview on African A-List, where she reflected on her former marriage and the effect the challenges she faced had on her physical and emotional well-being.].....KINDLY READ THE FULL STORY HERE▶
- Health Impacts: While noting that her former husband never physically abused her, she revealed that the overwhelming pressure caused her to develop high blood pressure for the first time in her life, pushing her to a point where she felt she “nearly ran mad” [cite: She made it clear that her former husband did not physically abuse or beat her, but said the difficulties in the relationship still became overwhelming., She said she had never dealt with high blood pressure before getting married, but began experiencing it after becoming a newlywed., “When I was newlywed, it was the first time I had high blood pressure; it was when I got married that I nearly ran mad.”].
- Decision to Leave: Realizing the situation was unsustainable, she chose to pack her things and leave for the sake of her health and well-being [cite: “I got to a point where I realized that leaving the marriage was the best decision for my well-being, so I packed my belongings and left because I knew I could no longer continue living in that situation.”].
- Current Standing: The separation did not turn them into enemies; they remain on good terms for the sake of their children, and the experience has not completely closed her heart to the concept of marriage.