A growing number of Nigerian residents are raising concerns following clampdown on crypto assets via the financial industry Following the classification of cryptocurrency trading as a...
Leading Nigerian fintech companies have issued stern warnings to their customers regarding the trading of cryptocurrencies and other virtual currencies on their platforms. Firms including OPay,...
One of Nigeria’s leading fintech companies, OPay, has warned its customers against trading in cryptocurrency or any virtual currency on its app. The company, in a...
Nigeria’s financial technology bank, Opay, said it has closed non-compliant accounts amid the recent Central Bank of Nigeria’s restriction. According to Nairametric, Opay disclosed this in...
A leading financial services provider, Opay has sent its customers a message concerning the safety of their funds. Recall that earlier reports had indicated that the...
OPay remains committed to working closely with the Central Bank of Nigeria (CBN) and other regulatory bodies to fight money laundering, fraud, terrorism financing, and other...
OPay, a leading financial service company in Nigeria, has clarified that the new Central Bank of Nigeria’s (CBN) directive does not affect existing accounts, while assuring...
Panic has gripped some bank customers following a recent directive from the Central Bank of Nigeria (CBN), which imposes a temporary ban on mobile money operators,...
Nigerian banks lost a total of N2.09 billion to frauds in Q4 2023 with mobile emerging as the top channel through which the largest amount was...
In partnership with Good morning ☀️ Before we get to today’s edition, here’s a reminder that we launched The Big Daily last week, it’s TC Daily...
The Central Bank of Nigeria (CBN) has barred some online microfinance banks from opening new accounts and accepting new customers. Naija News reports that the microfinance...
The Central Bank of Nigeria (CBN) has directed four fintech companies to stop onboarding new customers until further notice. The four fintechs include OPay, Palmpay, Kuda...
Kuda Bank, Moniepoint, OPay and Palmpay have paused account opening for new customers following a directive from the Central Bank of Nigeria after the EFCC blocked...
The valuation of OPay, the Nigerian fintech startup backed by Sequoia Capital and Softbank, has risen by over 30% since its Series C funding round in...
One of Nigerian fintechs licensed as a mobile money operator, Paga, says it has processed transactions worth N14 trillion in the last 15 years. The company’s...
Opay has announced the full restoration of its services, following a recent bout of service disruptions that left many users unable to execute transactions. The popular...
Users of the popular financial service provider, Opay, have flooded the social media platform X (formerly Twitter) with complaints about service disruptions, fueling fears of potential...