The Federal Government of Nigeria has taken a decisive step to protect citizens from exploitative financial practices by officially blacklisting a total of 45 illegal digital lending applications. This major regulatory action was announced by the Federal Competition and Consumer Protection Commission (FCCPC) in January 2026.
Full List of Blacklisted Loan Apps in 2026
The crackdown targets apps that have consistently violated the nation's Digital Lending Regulations. These platforms have been accused of subjecting users to harassment, unauthorized access to personal data, hidden charges, and the unethical practice of debt shaming. The comprehensive blacklist includes apps such as WeCredit, Hen Credit, Loan App Cash Door, Joy Cash Loan, EagleCash App, LuckyLoan, GetLoan, and EaseLoan Apps.
Other notable apps on the prohibited list are Naira NaijaCashlawn, EasyNaira, Crediting App, Yoyi App, Nut Loan, CashPal App, and NairaEasy Gist. The FCCPC has also banned CamelLoan, MoneyTree, Finance Made Easy App, CashMe, CreditBox, and CashMama App. Completing the list are apps like Crimson Credit, Galaxy Credit, XCredit, iMoney, Naira NaijaiMoneyPlus, NowNowMoney, Naija Cash, FirstNell App, FlyPay, Spark Credit, SoftNaira, CashDey, and several others including Loan 300000 Naira in Cran and Apex Lending.
Why the FCCPC is Taking Action
This move is part of an intensified effort to sanitize Nigeria's rapidly growing digital credit market and restore public trust. The commission stated that these specific apps operated illegally by failing to comply with the mandatory registration and consumer protection rules outlined in the Digital, Electronic, Online and Non-Traditional Consumer Lending Regulations of 2025.
The January 5, 2026 deadline for full compliance has now passed, forcing the regulator's hand. The FCCPC's primary mandate is to ensure fair market practices, prevent monopolies, and shield consumers from exploitation. In the digital lending space, this translates to enforcing fair interest rates, protecting data privacy, and eliminating coercive recovery tactics.
Broader Regulatory Sweep and Consumer Advice
This blacklist is just one part of a larger regulatory sweep. Legit.ng had earlier reported that the FCCPC now oversees 521 digital lending companies. Furthermore, the commission has placed an additional 103 loan apps operated by unregistered companies on a watchlist, signaling that more enforcement actions are likely imminent.
Nigerians are strongly advised to avoid all the blacklisted applications. The FCCPC warns that using these illegal platforms exposes individuals to significant financial and personal security risks. Consumers are urged to only engage with digital lenders that have been explicitly approved and registered by the FCCPC to ensure their rights are protected.
The commission has emphasized that lenders operating outside its legal framework face severe sanctions, including delisting from app stores, substantial fines, and potential criminal prosecution. This crackdown represents a continued commitment to fostering a transparent, accountable, and safe digital financial ecosystem for all Nigerians.
