Cybercrime Law: Loan Apps That Defame You are owing You Over ₦7 Million

In this video, we break down an important truth many borrowers don’t know:

If a loan app defames you, they could be exposing themselves to serious legal consequences—potentially costing them millions of naira.

Under Nigerian law, including provisions related to the Cybercrimes (Prohibition, Prevention, etc.) Act, sharing your personal information, sending defamatory messages, or contacting your friends and family to shame you can cross the line into defamation and unlawful data use.

⚖️ What You’ll Learn in This Video

What counts as defamation by loan apps

How some loan apps violate your privacy

The legal risks these companies face

Why victims may be entitled to compensation

Steps you can take if you are harassed or defamed