Tag: Opay

OPay, Moniepoint, Others To Resume Onboarding New Customers ‘In Months’ – CBN

Abibat Babalola

The Central Bank of Nigeria (CBN) says mobile money operators including fintech firms like OPay, Palmpay, Kuda Bank, and Moniepoint will resume the enrolment of new customers “in another couple of months”. CBN Governor, Olayemi Cardoso, stated this on Tuesday at the 295th Monetary Policy Committee (MPC) of the apex bank in Abuja when the MPC jacked up interest rate from 24.75 per cent to 26. 25 per cent. The CBN chief said the apex bank has engaged many of the players on the need to strengthen their operations. Cardoso…

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Is CBN Suspending OPAY, PALMPAY? Here is The Truth

ADEOLA YUSUF

Numbers of Opay and PalmPay users in Nigeria have reached 40 million   The Central Bank of Nigeria (CBN) has made clarification on viral reports that it has suspended accounts of some Fintech companies like OPAY and PALMPAY. Platforms Africa reports that the apex bank refuted the reports, describing it as fake news. READ ALSO: Naira Crisis: Millions of Nigerians Already Dragged Into Mental Illness – Expert How I Rake In N245,000 Weekly From Lagos Motorists – Fake LASTMA Officer BREAKING: NLC Declares Nationwide Strike Over Naira Scarcity Cash Crunch:…

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