Money Lenders Association (MLA)
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An association representing the interests of money lenders in Nigeria, which has commented on the impact of new regulations.
News published about Money Lenders Association (MLA)
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Digital lenders face up to ₦100m fine for unethical conduct under FCCPC new rules
TechCabal - Aug 13, 2025
The FCCPC has introduced fines ranging from ₦50 million to ₦100 million for digital lenders engaging in unethical conduct. New regulations require all lending entities, including those licensed by states, to register and adhere to fair treatment of customers.
Central Bank of KenyaFederal Competition and Consumer Protection Commission (FCCPC)Nigerian Data Protection Act 2023Money Lenders Association (MLA)Lendsqr
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