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FG delisted 28 illegal online loan apps (see full list)

September 12, 2023
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FG delisted 28 illegal online loan apps (see full list)

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September 12, 2023
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Federal Government Takes Action Against 28 Illegal Digital Money-Lending Apps (Full List)

In a bid to clean up the digital money lending sector, the Federal Government has taken action against 28 illegal digital money-lending apps, as revealed in the latest report by the Federal Competition and Consumer Protection Commission (FCCPC).

The FCCPC’s effort to weed out unscrupulous digital money lenders has resulted in the removal of these 28 apps, increasing the number of delisted digital money lending apps from nine to 37. At the same time, the list of approved digital money lending apps has grown from 154 to 164.

The FCCPC has also identified 54 digital money lending apps that are under its watchful eye as part of its ongoing efforts to protect Nigerian consumers from harassment by lenders.

This action comes as a response to the Commission’s determination to put an end to the harassment faced by Nigerians from these illegal digital money lenders. In July and August, the FCCPC had similarly cracked down on illegal digital money-lending apps.

Here is the full list of the delisted apps:

  1. Swiftkash App
  2. Hen Credit Loan App
  3. Cash Door App
  4. Joy Cash-Loan Up To 1,000,000 App
  5. Eaglecash App
  6. Luckyloan Personal Loan App
  7. Getloan App
  8. Easeloan Apps
  9. Naira Naija
  10. Cashlawn App
  11. Easynaira App
  12. Crediting App
  13. Yoyi App
  14. Nut Loan App
  15. Cashpal App
  16. Nairaeasy Gist Loan App
  17. Camelloan App
  18. Nairaloan App
  19. Moneytreefinance Made Easy App
  20. Cashme App
  21. Secucash App
  22. Creditbox App
  23. Cashmama App
  24. Crimson Credit App
  25. Galaxy Credit App
  26. Ease Cash App
  27. Xcredit
  28. Imoney
  29. Naira Naija
  30. Imoneyplus-Instant
  31. Nairanaija-Instant
  32. Nownowmoney
  33. Naija Cash
  34. Eagle Cash
  35. Firstnell App
  36. Flypay
  37. Spark Credit

This move by the Federal Government aims to safeguard consumers from predatory lending practices and ensure a more regulated and transparent digital money lending environment in Nigeria.

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