FG Delists Another 28 Illegal Digital Money-Lending Apps (See Full List)

In a decisive move to regulate and cleanse the digital money-lending sector, the federal government has announced the delisting of 28 illegal digital money-lending apps. The primary objective behind this action is to sanitize the sector and ensure the protection of consumers.

This development was disclosed in the latest report released by the Federal Competition and Consumer Protection Commission (FCCPC) regarding approved digital money lender apps.

The report revealed that the number of delisted digital money lending (DML) apps has surged from nine to 37, underscoring the government’s commitment to cracking down on unscrupulous operators in the industry.

Meanwhile, the approved digital money lending list increased to 164 from 154.

Conversely, the list of approved digital money lending apps has expanded, growing from 154 to 164, as indicated in the FCCPC report. Furthermore, the Commission has placed 54 DML apps on its watchlist.

This decisive action by the FCCPC follows a series of efforts to end the harassment of Nigerian citizens by unapproved money lenders. In both July and August, the Commission took action against illegal digital money-lending apps.

Full list of 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