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FG To Shut Down Money Lending Businesses Over Violations by Johnnico1: 7:03pm On Dec 27, 2021 |
The Federal Competition and Consumer Protection Commission (FCCPC) has said that the joint committee that was set up by the federal government to tackle violation of consumer rights and unfair practices in the money lending industry will shut down illegal businesses at the commencement of its enforcement. https://dailytrust.com/fg-to-shut-down-money-lending-businesses-over-violations 19 Likes 3 Shares
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Re: FG To Shut Down Money Lending Businesses Over Violations by Nobody: 7:04pm On Dec 27, 2021 |
I expect the Government to prosecute instead of closing down. By the time two or one is use as an example, the rest will adjust or close down 176 Likes 11 Shares |
Re: FG To Shut Down Money Lending Businesses Over Violations by matrix199(m): 7:08pm On Dec 27, 2021 |
It's about time! Imagine giving loans to pay back in 2weeks with 50% interest. That's not even a shark loan, that's a killer whale loan. 432 Likes 40 Shares |
Re: FG To Shut Down Money Lending Businesses Over Violations by Nobody: 7:10pm On Dec 27, 2021 |
good move 26 Likes 6 Shares |
Re: FG To Shut Down Money Lending Businesses Over Violations by DispatcherLagos: 7:10pm On Dec 27, 2021 |
Shut down the need to patronize them instead 311 Likes 20 Shares |
Re: FG To Shut Down Money Lending Businesses Over Violations by Advocate500: 7:16pm On Dec 27, 2021 |
That is the only thing they are good at, shutdown this ,close down that. Without looking at the root cause, before the inception of this government, Nigerians are not familiar with loan companies,today the reverse is the case ,yet you are not seeing any reason to blame yourself? they said necessity is the mother of invention. 165 Likes 11 Shares |
Re: FG To Shut Down Money Lending Businesses Over Violations by chrisxxx(m): 7:17pm On Dec 27, 2021 |
This government like chasing shadows. Why leave commercial banks that are giving loans at cut throat rates? In other countries interest rate is a single digit some close to zero. Here in Nigeria it is about 30%. This rate is what the loan sharks are leveraging upon. If the rate is reduced at commercial bank level every other similar business will adjust. 107 Likes 7 Shares |
Re: FG To Shut Down Money Lending Businesses Over Violations by Nova1988(m): 7:17pm On Dec 27, 2021 |
ah shit! here we go again! 5 Likes 1 Share |
Re: FG To Shut Down Money Lending Businesses Over Violations by slawormiir: 7:17pm On Dec 27, 2021 |
Damnnn niggar Nice 7 Likes 3 Shares |
Re: FG To Shut Down Money Lending Businesses Over Violations by DropsMic(m): 7:17pm On Dec 27, 2021 |
Na still Nigerians go suffer las las Harddiskng: 19 Likes 1 Share |
Re: FG To Shut Down Money Lending Businesses Over Violations by FalseProphet1(m): 7:17pm On Dec 27, 2021 |
Abeg they should shut them down, those people are just criminals taking advantage of poor Nigerians. Imagine loaning a person in need money with over 45% interest for a duration of 6days, then going ahead to tag him a criminal when he can't meet up with the payment date. Aren't they the criminals? Buhari's clueless leadership just brought suffering to Nigerians. They should shut them down and leave the reasonable ones to keep running. I see loan sharks going extinct by next year. This I have seen. 106 Likes 5 Shares |
Re: FG To Shut Down Money Lending Businesses Over Violations by Dshocker(m): 7:18pm On Dec 27, 2021 |
Matters arising 1 Like |
Re: FG To Shut Down Money Lending Businesses Over Violations by Shellsploit: 7:18pm On Dec 27, 2021 |
Re: FG To Shut Down Money Lending Businesses Over Violations by faithfull18(f): 7:18pm On Dec 27, 2021 |
No wahala. |
Re: FG To Shut Down Money Lending Businesses Over Violations by Lagosfinder(m): 7:19pm On Dec 27, 2021 |
They are helping 9 Likes 1 Share |
Re: FG To Shut Down Money Lending Businesses Over Violations by obembet(f): 7:19pm On Dec 27, 2021 |
Even though am not happy with them... 3 Likes 1 Share |
Re: FG To Shut Down Money Lending Businesses Over Violations by IMASTEX: 7:19pm On Dec 27, 2021 |
Okay |
Re: FG To Shut Down Money Lending Businesses Over Violations by JavaScript9091: 7:19pm On Dec 27, 2021 |
This administration is very clueless on policies. This is how they are killing startups due to misguided public sentiments. Nigerians should learn how to pay their debts. Remember that when you urgently need money, no bank will come to your rescue without collateral which you probably don't have. Las Las na Nigerians wey dey write petitions go cry pass 26 Likes 2 Shares |
Re: FG To Shut Down Money Lending Businesses Over Violations by RiyadhGoddess(f): 7:19pm On Dec 27, 2021 |
I hope all these Isonu bank loans were also shut down I am tired of their non stop messages on top persons I dont know. Already preparing for next year 2022? Let's help you with your social media content calender for 2022 & if your business isn't online yet, DM me to get started! 9 Likes 1 Share |
Re: FG To Shut Down Money Lending Businesses Over Violations by DenreleDave(m): 7:19pm On Dec 27, 2021 |
Re: FG To Shut Down Money Lending Businesses Over Violations by Harddiskng(m): 7:19pm On Dec 27, 2021 |
DropsMic: Sure banker. You don’t give Nigerians access to funds, problem. You give them access to funds, Problem. 20 Likes 3 Shares |
Re: FG To Shut Down Money Lending Businesses Over Violations by Lovenorth: 7:19pm On Dec 27, 2021 |
Buhari don't joke with the right and interest of Nigerians 2 Likes |
Re: FG To Shut Down Money Lending Businesses Over Violations by IMASTEX: 7:20pm On Dec 27, 2021 |
DispatcherLagos:Smart one 15 Likes 1 Share |
Re: FG To Shut Down Money Lending Businesses Over Violations by Agricmoney(m): 7:20pm On Dec 27, 2021 |
ok o let's watch and see the outcome Anyway, Agriculture is life. 2 Likes 1 Share |
Re: FG To Shut Down Money Lending Businesses Over Violations by thegreencoal: 7:21pm On Dec 27, 2021 |
You banned Crypto. You blocked Twitter. Now you want to block decentralized loan apps. It looks like the Federal Government of Nigeria is determined to cripple to economic success of her own people. Which kind government be dis? 20 Likes 4 Shares |
Re: FG To Shut Down Money Lending Businesses Over Violations by Patrioticman007(m): 7:21pm On Dec 27, 2021 |
Most loan companies Nigeria are agents of LUCIFER. However the clergymen that are supposed to warn & give us the code of using a very long spoon to dine with the devil are busy waiting for their share of the high interest. 4 Likes 1 Share |
Re: FG To Shut Down Money Lending Businesses Over Violations by dfrost: 7:21pm On Dec 27, 2021 |
Re: FG To Shut Down Money Lending Businesses Over Violations by seunaj: 7:21pm On Dec 27, 2021 |
I get a call every Monday morning threatening me to tell Ahmed Zainab to pay up her loan. Funny enough, I don't even know any Ahmed Zainab. Their cup is full 29 Likes 3 Shares |
Re: FG To Shut Down Money Lending Businesses Over Violations by tosine102: 7:21pm On Dec 27, 2021 |
Some people were don borrow money go dey happy 33 Likes 4 Shares
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Re: FG To Shut Down Money Lending Businesses Over Violations by chrisxxx(m): 7:22pm On Dec 27, 2021 |
DispatcherLagos:God bless you see my comments as well just one or two after yours 7 Likes |
Re: FG To Shut Down Money Lending Businesses Over Violations by adioolayi(m): 7:22pm On Dec 27, 2021 |
May be they will be forced into putting in place proper regulations 2 Likes 1 Share |
Re: FG To Shut Down Money Lending Businesses Over Violations by Grace001: 7:23pm On Dec 27, 2021 |
Obetter Nigerians go still hear am |
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