₦airaland Forum

Abeg make them shut up

Better

A for don borrow last week chai !

Pls they should list the apps. E get why

Walkee:
I like the way our federal government is ordering these big techs. They used to form James bond in USA during Trump era

Audio order!

them for list there name out make me know the betters ones

Gbam

I love this government

Dawn91:
Orders?.... Are they drunk? No app takes orders from the Nigerian government. That's how they lied twitter came.to negotiate and will open an imaginary office in Nigeria .

Argumentum ad ignorantiam!

Surely FG can block normal operation of Play nd Apple stores. That'll make you resort to VPN again. That's if VPN can do the trick...

They should add fairmoney and carbon!!! I dey owe dem

RedPilChurchBoy:
Argumentum ad ignorantiam!

Surely FG can block normal operation of Play nd Apple stores. That'll make you resort to VPN again. That's if VPN can do the trick...

I refuse to believe you are dumb... For decades Chinese citizens have been using Vpn to access social media sites like Facebook , Twitter etc... Still doesn't stop over 400 million of them using Facebook china...

Go figure

They should also mandate the legal loan apps to reduce the interest rates like the way commercial banks are charging

linearity:
Audio order!

it's not audio. Didn't Twitter ban teach you the power of our government with regards to tech companies?

The agency also banned the acceptance and presentation of new online banking and loan applications without regulatory assessment and approval.

What a good move! Every Tom, Dick & Harry now creates loan apps for exploitation, knowing so well that, with much threats, blackmail & defamation, most people would find all means to pay up. Funnily, they lure both young & old to take unnecessary loans.

Hope piggyvest is safe

Realists:
Good that these loan sharks are going down for good. Imagine arm robbers using apps to defraud law abiding citizens.
Surely Nigeria will get there with strong institutions.
God bless Nigeria
God bless Africa.

how is it a scam to offer a loan and state exactly how much interest is expected and when it is expected.. The real scammer is the person who knows he is not within the capacity of paying back the high interest and still takes the loan then starts ignoring calls.. The money that loan apps use to loan people doesn't grow on trees.. Na actual hard earned money too..

Kuda should be number 1

Good for those shark loan outfit

Wait óò, let me borrow money first before they delete the Apps

Hmmm

A good step anyway coz most of the loan app and online banks will end up running away with peoples fund

[quote author=MrBanner post=111042031]If they ban me without getting any help, u shall not know peace unless I'm not genuine.. thanks

Walkee:
I like the way our federal government is ordering these big techs. They used to form James bond in USA during Trump era

Mumu.
What had changed before and after twitter ban?

Ademola47:
So if FG 'close' their shops now, what will happen to the money the loan apps have borrowed people? Will FG compensate them? Or they will bear the brunt of the dearth of restitution?

In as much as I don't like the excesses of the loan apps, I also don't like creating unnecessary hardship for people. FG can't just cripple their business like that.

Are you working for one of this loan apps ?

What happens to all the tax money the criminal loans apps didn't pay to the federal government all this time they've been illegally operating in the country ?

Who is ordering who? Fg ordering or requesting? Mtchew!

The FG has no authority to give orders to companies that are not within Nigeria's jurisdiction

Haylel:
Mumu.
What had changed before and after twitter ban?

you should ask Twitter that question. If only you knew how much they lost in advertising. Just so you know, FG currently has Twitter on strings. You can't organise anything like protest on Twitter now

Starting with deactivating Fast cash aka Soko loan

Laredojohn:
Hope piggyvest is safe

Go withdraw your money o

Don't come here and be crying they ran with your funds o

Ademola47:
So if FG 'close' their shops now, what will happen to the money the loan apps have borrowed people? Will FG compensate them? Or they will bear the brunt of the dearth of restitution?

In as much as I don't like the excesses of the loan apps, I also don't like creating unnecessary hardship for people. FG can't just cripple their business like that.

yes they can. The laws have been there for long. You can’t operate illegally in the open. Used to be coded stuffs. Cbn controls lending rate or margin. With these guys no cbn inputs its as they like

Ademola47:
So if FG 'close' their shops now, what will happen to the money the loan apps have borrowed people? Will FG compensate them? Or they will bear the brunt of the dearth of restitution?

In as much as I don't like the excesses of the loan apps, I also don't like creating unnecessary hardship for people. FG can't just cripple their business like that.

Dem no sabi manage their bizness