Introduction Digital lending is on a steady rise in Nigeria and has potentially risen to N1.7 trillion as at December 2021 following the adverse effect of Covid-19 pandemic, the rising interest rates, inflation and unemployment rates. However, the regulatory framework for digital lending in Nigeria is still at a developing stage and lack of robust regulation has provided a fertile ground for malpractices amongst some of the existing digital lenders in the country. Some online Moneylenders have continuously violated consumer privacy rights, some issue unfair lending terms to consumers and undertake unethical loan repayment/recovery practices, all of which have caused … Continue reading KORIAT’S UPDATE ON FINTECH LENDING LAW IN NIGERIA (AUGUST 2022)