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Popular fintech company, Opay, has notified its customers and users that it would start charging a one-time fee of ₦50 on electronic transfers above ₦10,000 paid...
OPay, a leading fintech firm backed by Chinese investment, has been compelled to take legal action following a system glitch that allowed customers to make card...
Leading fintech companies OPay and Kuda Microfinance Bank have announced that they are resuming new customer onboarding. This follows the clearance received from the Central Bank...
The Central Bank of Nigeria (CBN) has said mobile money operators including fintech firms will resume the enrolment of new customers in another couple of months....
President of the Africa Fintech Network (AFN), Dr. Segun Aina, has attributed some of the regulatory challenges facing fintechs in Nigeria to the ever-changing nature of their...
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,...
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...
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,...
The Central Bank of Nigeria (CBN) has reportedly barred some online microfinance banks from opening new accounts and accepting new customers. Naija News reports that the...
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...
Nigerian financial technology company, OPay has announced a major security update in its operations. Starting from March 1, 2024, the company will remove fraudulent accounts from...
The Federal Government, through the Federal Competition and Consumer Protection Commission is set to release more regulations for the digital lending space in 2024. These regulations...
Special Assistant to President Bola Tinubu on social media, Dada Olusegun, has debunked the report that the Central Bank of Nigeria (CBN) has threatened to delist...
Fintech giant Opay has reacted to the recent directive issued by the Nigeria Inter-Bank Settlement System (NIBSS), ordering banks in the country to take down every...
The Nigeria Inter-Bank Settlement System (NIBSS) has ordered banks in the country to take down every non-deposit-taking financial institution from their NIP fund transfer channels. This...
An investigation has been launched by the Federal Government into the activities of some major brands like Meta, formerly known as Facebook, a haulage company, DHL,...
The Central Bank of Nigeria (CBN) has debunked the reports making rounds that it has suspended accounts of some Fintech companies like OPAY and PALMPAY. The...
The House of Representatives has ordered an investigation into the activities of illegal financial technology (fintech) companies and mobile application lenders who threaten debtors for failing...
The management of OPay, an online financial technology service provider that gained massive acceptance from citizens after its launch into the Nigerian business community has announced...