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FCCPC, CBN, EFCC target illegal money lenders

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FCCPC, CBN, EFCC target illegal money lenders via todayng

Mr Babatunde Irukera, the Chief Executive Officer of FCCPC, told newsmen in Abuja on Sunday, that the enforcement would commence soon.

Irukera said that the committee would also be writing interim regulations which money lending companies must comply with. “They will be closing down businesses and engaging App stores to shut down certain applications that are infringing and abusive. On the increasing number of consumer complaints about services by insurance companies, Irukera said that the commission was progressing in their Memorandum of Understanding with the National Insurance Commission .

 

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