OPay Lost ₦150 Billion In Loans As Nigerians Refused To Pay Back
Oct 19, 2026 · 8:45 AM UTC
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They said Nigerians took loans via EaseMoni and refused to pay.
True, people should pay back. But how did N100k loan become N1m?
The interest model is predatory. Even when you try to pay, the interest never stops.
You can't use unethical interest to trap people and then complain they are not paying.
Two things can be true: Pay your loan, but lenders must be fair.
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