regulatory framework

BREAKING: CAC Begins Clampdown on Unregistered PoS Businesses After Deadline Lapses

Sep 6, 2024. by Ekohot Editor

The Corporate Affairs Commission (CAC) has announced the commencement of strict measures, including the potential shutdown of Point of Sales (PoS) businesses that have failed to register by the September 5 deadline. This was disclosed in a public notice released on Friday. The Commission expressed concerns over the low compliance with its registration directive and … Read more

FULL LIST: 16 CBN-Licensed Loan App Companies In Nigeria

Apr 26, 2024. by Praise Ben

Digital lending in Nigeria has grown significantly, with licensed loan app companies offering credit facilities. Collaboration between the FCCPC and regulators ensures ethical practices. Sixteen CBN-licensed loan app companies operate in Nigeria, providing diverse financial services. EKO HOT BLOG reports that the digital lending landscape in Nigeria has witnessed significant growth, with an array of licensed … Read more