CBN announces the resumption of customer onboarding for Nigerian fintech giants like OPay and Moniepoint. Governor Cardoso underscores the need for enhanced regulatory frameworks to combat money laundering.
The Central Bank of Nigeria (CBN) has announced the forthcoming resumption of customer...
The Central Bank of Nigeria (CBN) has taken a decisive step to curb alleged cryptocurrency-related activities by imposing a ban on several microfinance banks, including Moniepoint, Opay, and Kuda, preventing them from opening new accounts and accepting new customers.
Sources familiar with the...
has unveiled its latest initiative, the "Moniepoint Personal Banking Refer and Earn" program, aligning with the festive spirit of generosity during the Christmas season.
This referral program aims to reward business owners and Moniepoint agents by providing incentives of up to N100,000 or more...
In a significant move aimed at curbing fraud and addressing lapses in customer verification processes, the Nigeria Inter-Bank Settlement System (NIBSS) has issued a warning against unlicensed financial services companies masquerading as deposit-taking institutions. In a memo to banks, fintechs...
Image by Gerd Altmann from Pixabay
Fintech company OPay has become involved in a controversial situation that has surprised many Nigerians. Nairametrics reported that many Nigerians have discovered they have OPay accounts despite having yet to open one. This discovery has sparked questions and...
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