NewsBreakNigeria
USD/NGN 1,326.03GBP/NGN 1,792.56USD/NGN black market ₦1,390GBP/NGN black market ₦1,880
USD/NGN 1,326.03GBP/NGN 1,792.56USD/NGN black market ₦1,390GBP/NGN black market ₦1,880

Instant loans dry up as FCCPC rules force lenders toward safer borrowers

Nigeria’s digital lending industry is undergoing a significant shift as lenders scale back unsecured instant loans and increasingly target borrowers with verifiable income, established credit histories and predictable…

Aggregated · originally by Nairametrics
9 Sept 2026, 13:15 WAT · 3 min read
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Instant loans dry up as FCCPC rules force lenders toward safer borrowers

Nigeria’s digital lending industry is undergoing a significant shift as lenders scale back unsecured instant loans and increasingly target borrowers with verifiable income, established credit histories and predictable…