Tag: Opay
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CBN Gov speaks on revoking licenses of Moniepoint, Opay, others
The governor of the Central Bank of Nigeria, Olayemi Cardoso, said that the apex bank has not revoked the licenses of Moniepoint, Opay, and other fintech banks operating in Nigeria. Cardoso disclosed this in a communiqué from Tuesday’s Monetary Policy Committee meeting in Abuja. He noted that CBN is not against fintechs. His reaction…
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Opay, Palm Pay Issue Fresh Directives To Customers
Two of Nigeria’s leading fintech companies have announced changes to how customers’ accounts are verified. The move is in response to both the CBN directive and a recent video of loopholes exploited by fraudsters. The latest changes the fintech companies hope will ease the fears among customers. According to a statement made available…