Tag
OPAY
The recent liquidation of Heritage Bank and the attendant apprehension over depositors’ money has raised more concerns for users of fintech companies licensed to operate as mobile money operators (MMOs) such as Opay, Palmpay, and Paga, among others.
OPay has delivered reassuring news to its users: all funds are now insured up to 5 million Naira under the Nigeria Deposit Insurance Corporation.
Nigerian fintech company, Carbon, has shut down its debit card operations in Nigeria two years after its launch.
OPay is excited to announce that it has received approval from the Central Bank of Nigeria (CBN) to resume onboarding new users!
The Central Bank of Nigeria (CBN) has lifted its ban on OPay, Moniepoint, Kuda, Palmpay, and Paga, clearing the way for the fintechs to resume onboarding new customers.
OPay a leading financial technology company, wishes to reaffirm its strict prohibition of cryptocurrency and virtual asset trading on its platform.
Dr. Aina said governments and regulators globally are struggling to regulate technology because it moves at a very fast pace.
Nollywood veteran, Shan George, has cried out in a desperate plea for help following an alleged bank fraud which saw the disappearance of N3.6 million from her Zenith Bank account.
A growing number of Nigerian residents are raising concerns following clampdown on crypto assets via the financial industry.
One of Nigeria’s leading fintech companies, OPay, has warned its customers against trading in cryptocurrency or any virtual currency on its app.
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 illegal financial activities.
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 lost.