EconomyHeadline

Quick Finds, A Loan Shark Terrorizing Nigerians Over Minor Debts, Exploit Contacts as Collateral

In recent years, Nigeria has witnessed a surge in predatory lending practices by unregulated digital loan providers, commonly referred to as loan sharks. These entities offer quick, collateral-free loans but resort to unethical and illegal methods to recover debts, often involving the harassment of both borrowers and their acquaintances.The Rise of Predatory LendingThe proliferation of digital…
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President Tinubu declares state of emergency in Rivers state

FCT Minister, Chinese Ambassador Strengthen Bilateral Partnership