TECH UPDATE

The Federal Competition and Consumer Protection Commission (FCCPC) has issued a stern warning to Nigeria’s online lending industry, threatening a penalty of up to ₦100 million for unethical conduct. This move comes as the commission intensifies its efforts to curb the predatory practices of some digital lenders, which have been a source of widespread consumer complaints.

The deal represents a game-changing step toward advancing digital inclusion and bringing dependable connectivity to more corners of Africa. The deal represents a game-changing step toward advancing digital inclusion and bringing dependable connectivity to more corners of Africa.