Home Politics Federal Govt Shutdown Illegal Online Loan Firms

Federal Govt Shutdown Illegal Online Loan Firms

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The Federal Government has shut some illegal financial institutions operating on Opebi Road, Ikeja, Lagos for “possible violation” of consumer rights.

All Times Global Magazine has learnt that these companies – GoCash, Okash, EasyCredit, Kashkash, Speedy Choice, Easy Moni – owned by Blue Ridge operate on the third floor of a four-story building in the area.

The Federal Competition Consumer Protection Commission, in a joint operation with the Independent Corrupt Practices and other Related Offences Commission, National Information Technology Development Agency, and the Nigerian Police Force, raided these institutions.

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