Loan apps on Play Store will lose their ability to access their user's contacts or photos from May 31, 2023.

This came as the Federal Government said it would enforce the latest policy by Google, saying the action was consistent with the Nigerian authorities move to curtail the invasion of customer's privacy by loan app firms.

The Federal Government had in recent time taken major decisions aimed at tackling the violation of customers privacy by loan apps. 

Notably the Federal Competition and Consumer Protection Commission had recently registered 170 loan apps out of the 200 operating in the country.