NICA commends FCCPC’s licensing of airtime lenders, warns of risks to Nigeria’s credit system
Key points NICA backs FCCPC’s move to license airtime and data lenders, citing improved competition and access to micro-credit. Concerns raised over potential risks, including poor credit management and regulatory gaps. Experts call for stronger oversight, financial literacy, and professional standards in digital lending. Main story The National Institute of Credit Administration (NICA) has lauded … Continue reading NICA commends FCCPC’s licensing of airtime lenders, warns of risks to Nigeria’s credit system
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