House of Representatives has urged the closure of illegal loan platforms used by “one chance” operatives to extort money from unsuspecting victims. This decision...
Federal government has imposed a N50 deduction for every electronic money transfer (EMTL) of N10,000 and above, affecting customers of fintech platforms such as...
Federal High Court in Abuja has issued an interim order to freeze accounts held by FairMoney Microfinance Bank Ltd, PalmPay Limited, and Opay Digital...
OPay, Chinese-backed fintech giant has received approval from a Federal High Court in Lagos to freeze customer bank accounts in thirty listed banks as...
Corporate Affairs Commission has announced the approval to extend the mandatory Point of Sales agents, super agents, and sole agents registration to September 5,...
Central Bank of Nigeria (CBN) has told the Federal High Court of Nigeria in Abuja, that Binance, crypto exchange performed banking services without proper...
Central Bank of Nigeria (CBN) says mobile money operators including fintech firms like OPay, Palmpay, Kuda Bank, and Moniepoint will resume the enrolment of...
OPay remains committed to working closely with the Central Bank of Nigeria (CBN) and other regulatory bodies to fight money laundering, fraud, terrorism financing,...
Opay, and PalmPay, among other fintech apps, have banned their customers from trading cryptocurrencies. Ravenewsonline reports that the leading Nigerian fintech companies have banned...