LegalCornerstone Discussion

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, includin...

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Published
01 Apr 2026
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157
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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 


Comments
4/1/2026

how do we report them.Which agency can we report them to? what are the steps to take in reporting this evil loanshark for defamation?

Discussion Snapshot
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Thread ID
153
Category
Legal
Total Views
157
Comments
1