Nigerians Paying Over 300% Interest on Loan Apps, Oye Urges CBN to Cap Digital Lending Rates
…Says Poverty Now Punishes Nigerians with Higher Costs for Food, Healthcare, Housing and Credit The Chairman of the Alliance for Economic Research and Ethics Ltd/GTE, Hon. Dele Kelvin Oye, has called on the Central Bank of Nigeria (CBN) to impose interest rate caps on digital lending platforms, warning that millions of financially vulnerable Nigerians are … Continue reading Nigerians Paying Over 300% Interest on Loan Apps, Oye Urges CBN to Cap Digital Lending Rates
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