In a recent development, the Central Bank of Nigeria (CBN) has issued a list of loan apps that have been blacklisted due to various regulatory violations and concerns.
These apps, which were once accessible for quick and easy credit solutions, have now come under scrutiny for their practices. The CBN’s move aims to safeguard consumers from potential financial risks and ensure adherence to established banking standards.
Here is the comprehensive list of loan apps that have been flagged by the CBN:
EasyCredit
EasiMoni
KashKash
Speedy Choice
GoCash
Soko Loan App
Fast Money
GetCash
Icoin Loan
Naira Plus
9jaCash
LionCash
GMoney
Fast Money
9credit
Swiftkash App
Hen Credit Loan App
Cash Door App
Joy Cash-Loan App
Eaglecash App
Luckyloan Personal Loan App
Getloan App
Easeloan Apps
Naira Naija
Cashlawn App
Easynaira App
Crediting App
Yoyi App
Nut Loan App
Cashpal App
Nairaeasy Gist Loan App
Camelloan App
Nairaloan App
Moneytreefinance Made Easy App
Cashme App
Secucash App
Creditbox App
Cashmama App
Crimson Credit App
Galaxy Credit App
Ease Cash App
Xcredit
Imoney
Naira Naija
Imoneyplus-Instant
Nairanaija-Instant
Nownowmoney
Naija Cash
Eagle Cash
Firstnell App
Flypay
Spark Credit
Luckyloan Personal Loan App
As the financial landscape evolves with the integration of technology, the CBN’s intervention underscores the importance of responsible lending practices. Consumers are urged to exercise caution when engaging with loan apps and to verify the legitimacy and compliance of such platforms.
The blacklisting of these apps serves as a reminder of the regulatory oversight necessary to maintain the integrity and stability of Nigeria’s financial sector. Stay tuned for further updates as regulatory measures continue to shape the fintech industry in Nigeria.
