Financial Consumer Protection in Nigeria: Legal Remedies for Victims of Unregulated Financial Schemes
The rise of unregulated financial schemes in Nigeria has exposed many consumers to significant financial losses, fraud, and exploitation. This article examines the legal and regulatory framework for financial consumer protection, the remedies available to victims, and the challenges that hinder effective redress. It also highlights the role of regulatory and law enforcement agencies in combating illegal financial activities and strengthening consumer confidence in the financial system.
