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How credit firms exploit SMEs amid economic crisis

Data from the Central Bank of Nigeria showed that the increased use of loan apps and fintechs pushed total consumer credit to N2.35tn in the first quarter of 2023. ....

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How loan apps debt recovery agents operate

DEBT recovery agents of loan apps in Nigeria have continued to shame defaulting borrowers against the nation's cyber laws, while the loan app companies charge borrowers high-interest rates. ....

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