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Digital loan sharks prey on inflation-hit Nigerians

Summary by KULR-TV
Cash-strapped and in dire need of 30,000 naira (about $20), Mariam Ogundairo turned to a loan app, downloading it and registering her phone number.

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Digital loan sharks prey on inflation-hit Nigerians

Cash-strapped and in dire need of 30,000 naira (about $20), Mariam Ogundairo turned to a loan app, downloading it and registering her phone number.

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KULR-TV broke the news in Billings, United States on Thursday, September 4, 2025.
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