The Nigeria Data Protection Commission (NDPC) has said it is investigating over 400 cases of privacy breaches involving digital loan companies also known as loan sharks in Nigeria.

According to NDPC, they are working with regulators to sanitise the digital lending space.

The commission said over 400 cases of privacy breaches involving shadowy loan sharks are being addressed at the systemic level.

It added that third-party platforms being used for abuses are cooperating with regulators in implementing deterrent measures.